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Two-Home Multifamily Investment
For Sale
$2,975,000

134 Irving Avenue, Providence, RI 02906

Two separate multifamily buildings offer 9 total units with coin-op laundry and off-street parking for residential income use.

Property SizeContact for details
Days on Market337

Property Features for 134 Irving Avenue

General Information

Standard status Active
Property subtype Multi-family

Additional Details

Business Included Yes
Multifamily Units 9

Building Details

Year Built 1910
Tenancy Multi
Listing Agency: Residential Properties Ltd., Stephen Gaskin of Residential Properties Ltd.
Listed By: Eddie Rayden
Source: Residentialproperties
Added: Sep 20, 2025 Changed: Aug 21 Last Checked: Aug 21 at 10:40AM

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 Residential Properties Ltd., Stephen Gaskin of Residential Properties Ltd.

Investment Insights

Based on property information with market context.

This offering includes two separate multi-family homes. 134-138 Irving is a 6-unit brick building with each unit configured as 2 bedrooms and 1 bathroom, featuring either a private porch or a deck. Interiors are described as updated, with hardwood floors in the living areas. Each building also includes its own coin-operated laundry for on-site convenience.

The second property, 8-10 Cole, contains 3 units: two 2-bedroom/1-bath apartments and one 1-bedroom/1-bath apartment. The first-floor unit is noted with a front porch and hardwood floors, along with multiple windows supporting the living, dining, and kitchen spaces. The upper-level units are described as having similar interior finishes, with an added deck for the second-floor unit. Ample off-street parking is included.

Designed for an owner-occupant or investor seeking a manageable residential income setup, the buildings provide a mix of apartment sizes, which may support tenant choice within the same ownership. The property is positioned for walkable access to Wayland Square, Blackstone Boulevard, and Hope Village, with additional nearby draws referenced including the Lippitt farmers market, India Point Park, college campuses, museums, and downtown amenities such as the train station, theaters, dining, and WaterFire.

Key Highlights

  • Two separate multifamily buildings totaling 9 units, offering residential income potential.
  • 134‑138 Irving: 6‑unit brick building with 2 bed/1 bath units, each with a private porch or deck.
  • 8‑10 Cole: 3 units including two 2 bed/1 bath units and one 1 bed/1 bath unit.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Auto Parts Store Kitchen & Bath Showroom Plumbing Service Building Supply Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,606
Businesses Nearby

Demographics for 02906, RI

25,559
Population
13,468
Households
1.9
Avg Household Size
35
Median Age
80%
College-Educated
97%
High-School Grad
3.1 sq mi
ZIP Area
8,245
Density / Sq Mi
$102,796
Median Household Income
$57,214
Median Earnings
$1,729
Median Rent
$582,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two separate multifamily buildings offer 9 total units with coin-op laundry and off-street parking for residential income use.
Where is this apartment building located?
The property is located at 134 Irving Avenue Providence, RI.
What is the asking price?
The asking price for this property is $2,975,000.
What are key features of this property?
This property features: Two separate multifamily buildings totaling 9 units, offering residential income potential.; 134‑138 Irving: 6‑unit brick building with 2 bed/1 bath units, each with a private porch or deck.; 8‑10 Cole: 3 units including two 2 bed/1 bath units and one 1 bed/1 bath unit.
More about this property
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