39 Douglas Avenue, Providence, RI 02908
MULTI_FAMILY - Providence, RI
- Added:
- Jun 26, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 26 at 8:06 pm
Property Features for 39 Douglas Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bathroom 4, Bedroom 5, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 6, Basement, Bedroom 2, Bathroom 2
- Parking
- 3
- Parking features
- Garage
- Patio and Porch features
- Porch
- Exterior features
- Porch
- Basement
- Full, Unfinished
- Appliances
- Gas Water Heater, Dishwasher, Microwave, Oven/Range, Refrigerator
- Standard status
- Active
- Size
- 3,600 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
Utilities
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2025
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Laminate, Tile - Ceramic
- Building materials
- Vinyl Siding
Listing agent Steven London (401) 649-2358
Listing office Here Realty 875 Oaklawn Avenue, Cranston, RI (401) 862-1251
Listing date Jun 26, 2026
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.
HighLights
- Brand‑new two‑family home built in 2025 with each unit offering 3 bedrooms and 2 baths
- Central air plus forced‑air natural gas heating
- Each unit includes a kitchen with refrigerator, oven/range, microwave, dishwasher, and gas water heater
- Laminate and ceramic tile flooring with vinyl siding exterior
- Garage with off‑street parking
- Basement includes a potential ADU with high ceilings and egress windows
Overview
Off-street parking is available, and the home offers convenient access to nearby highways. The property is located close to the State House, supporting a straightforward commute and convenient access to major destinations.
For tenants or owner-occupants, the layout supports two separate households while keeping day-to-day living centralized in one building. For buyers, the two-unit configuration and the basement’s ADU potential offer a practical way to diversify use, whether that means additional rental flexibility or expanded personal living space.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $92.9k | $25.80 |
| − Vacancy | −$6.0k | −$1.68 |
| EGI | $86.8k | $24.12 |
| − OpEx | −$26.1k | −$7.24 |
| NOI | $60.8k | $16.89 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Providence
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.417439
- Latitude
- 41.83538
