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Two-Family Duplex with Updated Interiors
For Sale
$599,900

144 Dante Street, Providence, RI 02908

Residential Income, Providence, RI

Property Size1,800 SF
Lot Size0.08 Acres
Price / SF$333.28
Days on Market105

Property Features for 144 Dante Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 3, Basement
Parking 4
Parking features None
Basement Partially Finished, Full
Appliances Dryer, Oven, Range, Refrigerator, Washer, Gas Water Heater
Standard status Active
Size 1,800 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3456

Utilities

Heating system Baseboard, Natural Gas
Cooling system Ductless

Building Details

Year built 1903
Floors in Building 2
Number of units 2
Flooring type Tile - Ceramic, Hardwood
Building materials Clapboard
Listing Agency: Keller Williams Leading Edge · Keller Williams Realty
Listed By: Denali Group · License #52040
Added: Jun 23 Changed: Sep 30 Last Checked: Oct 5 at 2:06PM
MLS# 1416117

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,800-square-foot duplex, built in 1903, contains two residences with two bedrooms apiece. Kitchens and bathrooms have been updated, and hardwood floors are present. The finished basement offers additional space. A roof installed one year ago is another recent property improvement.

The property occupies a 0.08-acre lot in Providence’s Elmhurst neighborhood, near Providence College. Appliances include a range, oven, refrigerator, washer, and dryer.

Key Highlights

  • Two residences, each with 2 bedrooms
  • 1,800 square feet on a 0.08‑acre lot
  • Finished basement and hardwood flooring

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,395
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$607,900 $607.9K
Cap Rate 7%
$434,214 $434.2K
Cap Rate 9%
$337,722 $337.7K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$46.4K $25.80/SF
− Vacancy
−$3.0K −$1.68/SF
EGI
$43.4K $24.12/SF
− OpEx
−$13.0K −$7.24/SF
NOI
$30.4K $16.89/SF
Area
Providence, RI
Vacancy
6.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$607,900
Cap Rate 7%
$434,214
Cap Rate 9%
$337,722

Alternative Uses

Best Use
Multifamily LT 5
$434.2K
$379.9K – $506.6K (±1% cap)
NOI $30,395 @ 7.0% cap · market cap 5.07%
Second Best
Apartment 5plus
$390.0K
$341.3K – $455.0K (±1% cap)
NOI $27,301 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$602.2K
$526.9K – $702.6K (±1% cap)
NOI $42,154 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Cafe & Coffee Shop Catering Service Veterinary Clinic Accounting Firm

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

750
Businesses Nearby

Demographics for 02908, RI

38,507
Population
17,160
Households
2.2
Avg Household Size
32
Median Age
29%
College-Educated
84%
High-School Grad
3.4 sq mi
ZIP Area
11,326
Density / Sq Mi
$74,341
Median Household Income
$42,947
Median Earnings
$1,381
Median Rent
$293,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Both residences offer two bedrooms, refreshed kitchens and bathrooms, and access to a finished basement.
Where is this duplex located?
The property is located at 144 Dante Street Providence, RI.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms; 1,800 square feet on a 0.08‑acre lot; Finished basement and hardwood flooring
More about this property
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