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Triplex with Finished Basement
New
For Sale
$689,000

480 Smith Street, Providence, RI 02908

Residential Income, Providence, RI

Property Size4,613 SF
Lot Size0.13 Acres
Price / SF$149.36
Days on Market7

Property Features for 480 Smith Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bedroom 3, Bedroom 7, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 5, Bedroom 4, Bathroom 1, Bedroom 6, Basement
Parking 6
Parking features None
Interior features Wall (Plaster), Attic, Plumbing (Mixed), Insulation (Ceiling), Insulation (Walls)
Basement Finished, Full, Storage Space
Appliances Dryer, Refrigerator, Washer, Gas Water Heater
Lot features Fenced, Paved, Sidewalks
Standard status Active
Size 4,613 SF
Lot size 0.13 Acres

Additional Details

Individually Metered Utilities unspecified utilities

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3327

Utilities

Heating system Baseboard, Natural Gas
Water source Public

Amenities

laundry area

Building Details

Year built 1900
Floors in Building 3
Number of units 3
Flooring type Hardwood
Building materials Plaster, Vinyl Siding
Buildings 1
Listing Agency: Keller Williams Coastal · Keller Williams Realty
Listed By: Theary Alves
Added: Oct 19 Changed: Oct 24 Last Checked: Oct 25 at 6:06AM
MLS# 1426139

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.

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Investment Insights

Based on property information with market context.

This three-unit residential property contains 4,613 square feet and was built in 1900. Each apartment has two bedrooms, a living area, kitchen, and bathroom, with utilities metered separately by floor. A finished walk-out basement adds finished rooms, laundry space, and storage, with access from inside and outside the building.

The 0.1261-acre property is at 480 Smith Street in Providence. Nearby destinations and connections include downtown, schools and colleges, shopping, restaurants, public transportation, major highways, and the train station.

Key Highlights

  • Three residential units, each with two bedrooms
  • Finished walk‑out basement with rooms, laundry area, and storage
  • Separate utilities for each floor

Property Analytics

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Lease Details

3
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,380
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

Frequently Asked Questions

What type of property is this?
Triplex - Each residence has two bedrooms, its own kitchen and bath, and separate utilities.
Where is this triplex located?
The property is located at 480 Smith Street Providence, RI.
What is the asking price?
The asking price for this property is $689,000.
What are key features of this property?
This property features: Three residential units, each with two bedrooms; Finished walk‑out basement with rooms, laundry area, and storage; Separate utilities for each floor
More about this property
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