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139 Julian St Providence, RI 2909

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For Sale
$1,375,000

Two well-positioned, income-generating multifamily properties in Providence, Rhode Island.

Type:Multifamily
Added:
Apr 3, 2026
Days on Market:
22
Last Refresh:
Apr 3 at 4:55 am

Property Features for 139 Julian St

General Information

Standard status
Active
Property subtype
Multifamily

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Listing Contact
John Craig

Listing agent John Craig License #MA: 9022089

Listing office Boston Office

Listing date Apr 3, 2026

Source Marcusmillichap

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Boston Office


Overview

Providence Multifamily Portfolio Opportunity

This multifamily portfolio features properties at 139 Julian Street and 41 Yale Avenue in Providence, Rhode Island. The 139 Julian Street property includes four or five one-bedroom, one-bathroom apartments, appealing to both long-term renters and potential owner-occupants. A three-car garage provides secure off-street parking. The 41 Yale Avenue property is a turnkey six-unit building on a corner lot, featuring fully finished one-bedroom, one-bathroom apartments ready for immediate leasing or continued income generation. The portfolio offers investors income-generating assets with low operational risk, strong historical rent growth, and significant upside potential. Providence’s multifamily market has outperformed national averages, driven by a structural imbalance between supply and demand. The city’s population continues to expand, supported by its large student base, young workforce, and increasing in-migration. This has led to sustained renter growth, high occupancy rates, and upward pressure on rents. Olneyville is a high-yield submarket, offering relatively affordable rents while providing access to jobs, transit, and amenities. The neighborhood benefits from access to Downtown Providence, Interstate 95, Hartford Avenue, and major bus routes, ensuring commutes to employment centers, higher education institutions, and retail destinations. Olneyville has become one of the city’s urban neighborhoods, featuring historic housing stock, walkable streets, and redevelopment activity. With limited new multifamily construction entering the market, existing stabilized properties are well-positioned to capture ongoing renter demand and benefit from reduced competition.
Location Intelligence

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Location Insight

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City
Providence
County
Providence
State
Rhode Island
Longitude
-71.4446709
Latitude
41.8230825

FAQs

What type of property is this?
Apartment building - Two well-positioned, income-generating multifamily properties in Providence, Rhode Island.
Where is this apartment building located?
The property is located at 139 Julian St Providence, RI.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Portfolio of two income‑generating properties in Providence, RI.; Strong potential for appreciation due to market outperformance and supply constraints.; **Turnkey, fully finished one‑bedroom apartments ready for immediate leasing.**
More about this property
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