Well-Maintained Three-Family
For Sale
$774,000
374 Douglas Avenue, Providence, RI 02908
Three-family property with newer hot water tanks and updated units, plus new electrical panels and exterior electric meters.
Property Size5,852 SF
Price / SF$132.26
Days on Market113
Property Features for 374 Douglas Avenue
General Information
Standard status
Active
Size
5,852 SF
Property subtype
MultiFamily
Site & Location
Neighborhood
Smith Hill
Highway Access
Yes
Additional Details
Multifamily Units
3
Building Details
Year Built
1900
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Elisabeth Lafontant · License #RES.0043143
(401) 391-3313
Source:
Lockandkeyre
Added: Jul 6
Changed: Oct 25
Last Checked: Oct 24 at 5:34PM
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 Real Broker, LLC
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Investment Insights
Based on property information with market context.
This well-maintained three-family property offers a practical income-producing layout with spacious units. Recent improvements include new electrical panels, new exterior electric meters, newer hot water tanks, and updated units, providing added value and supporting ongoing operations.
Conveniently located near shopping, restaurants, schools, public transportation, and major highways, the property offers straightforward access to everyday amenities.
The configuration supports both tenant use and owner-occupant scenarios, with rental income that can help offset the cost of ownership.
Conveniently located near shopping, restaurants, schools, public transportation, and major highways, the property offers straightforward access to everyday amenities.
The configuration supports both tenant use and owner-occupant scenarios, with rental income that can help offset the cost of ownership.
Key Highlights
- 3‑family property with updated units and newer hot water tanks
- Recent electrical updates include new electrical panels and new exterior electric meters
- Year built: 1900
Property Analytics
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Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,631
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three-family property with newer hot water tanks and updated units, plus new electrical panels and exterior electric meters.
Where is this triplex located?
The property is located at 374 Douglas Avenue Providence, RI.
What is the asking price?
The asking price for this property is $774,000.
What are key features of this property?
This property features: 3‑family property with updated units and newer hot water tanks; Recent electrical updates include new electrical panels and new exterior electric meters; Year built: 1900
