Four-Unit Building With Bonus
For Sale
$1,100,000
407 Benefit Street, Providence, RI 02903
Historic multifamily property with separate mechanical systems, shared laundry, and a large yard near Brown and RISD campuses.
Property SizeContact for details
Days on Market17
Property Features for 407 Benefit Street
General Information
Standard status
Active
Property subtype
Multi-family
Lease Term
[]
Additional Details
Multifamily Units
4
Amenities
shared laundry
large yard
Building Details
Year Built
1870
Buildings
1
Listing Agency:
William Raveis Inspire
Listed By:
Spencer Kelleher
(401) 619-8222
Source:
Teridegnan
Added: Aug 13
Changed: Aug 28
Last Checked: Aug 29 at 10:09AM
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 William Raveis Inspire
Investment Insights
Based on property information with market context.
Built in 1870, this four-unit multifamily property includes an additional finished bonus area, separate mechanical systems, shared laundry, and a large yard. The building is offered in its existing condition and includes four residential units plus the finished supplemental space.
Located at 407 Benefit Street in Providence, the property is situated near Brown and RISD campuses. The finished bonus area may provide an opportunity for future ADU conversion, subject to applicable approvals.
Located at 407 Benefit Street in Providence, the property is situated near Brown and RISD campuses. The finished bonus area may provide an opportunity for future ADU conversion, subject to applicable approvals.
Key Highlights
- Four‑unit building with an additional finished bonus space
- Separate mechanical systems for the residential units
- Shared laundry area included
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
5,557
Businesses Nearby
Explore this area
Business Placement
Demographics for 02903, RI
13,264
Population
6,588
Households
2
Avg Household Size
33
Median Age
53%
College-Educated
89%
High-School Grad
1.7 sq mi
ZIP Area
7,802
Density / Sq Mi
$62,987
Median Household Income
$40,294
Median Earnings
$1,640
Median Rent
$365,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Historic multifamily property with separate mechanical systems, shared laundry, and a large yard near Brown and RISD campuses.
Where is this quadplex located?
The property is located at 407 Benefit Street Providence, RI.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Four‑unit building with an additional finished bonus space; Separate mechanical systems for the residential units; Shared laundry area included
