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Updated Triplex with Historic Character

49 Arnold Street East, Providence, RI 02915

For Sale
$735,000

Three-unit property with owned solar panels and a flexible apartment configuration.

Property SizeContact for details
Days on Market87

Property Features for 49 Arnold Street East

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Neighborhood Fox Point

Units

Unit Mix 1 x 2BR, 2 x 1BR/1BA
Multifamily Units 3

Amenities

Fireplace
Electric
Heat Pump
Steam
Solar
Ductless
Electric Water Heater
Porch, Sewer Connected

Building Details

Year Built 1890
Stories 3
Listing Agency: Broadway Real Estate Group
Listed By: Marissa Bouchard · License RI REB.0019110
Source: Kw
Added: Aug 16 Changed: Nov 4 Last Checked: Nov 8 at 8:30AM

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 Broadway Real Estate Group

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Investment Insights

Based on property information with market context.

Built in 1890, this three-unit property occupies a maintained corner lot in Riverside and combines historic details with recent updates. The first-floor residence includes two bedrooms and a double parlor. Upstairs, the front apartment has one bedroom and one bath, while the rear apartment is configured with one bedroom and one bath and connects to the third floor, creating potential for a townhouse-style layout with up to four bedrooms and two baths.

Original features include diamond-grid windows, woodwork, exposed beams, brick fireplaces, and hardwood floors. Improvements include owned solar panels, mini-split systems, newer boilers, and a new roof. A porch, connected sewer service, and proximity to Willet Pond and the East Bay Bike Path further define the property.

Key Highlights

  • Three‑unit configuration with a two‑bedroom first‑floor residence
  • Second‑floor rear apartment connects to the third floor for potential townhouse‑style expansion
  • Owned solar panels, mini‑split systems, newer boilers, and a brand new roof

Property Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,326
Businesses Nearby

Demographics for 02915, RI

16,603
Population
7,746
Households
2.1
Avg Household Size
47
Median Age
36%
College-Educated
92%
High-School Grad
5.5 sq mi
ZIP Area
3,019
Density / Sq Mi
$90,558
Median Household Income
$61,062
Median Earnings
$1,482
Median Rent
$317,600
Median Home Value

Market

Average Price Trend$/SF for Triplexes in Providence, RI

$212 Jul
$215 Aug
$208 Sep
$205 Oct

Properties on Market for Triplexes in Providence

Jul
Aug
Sep
Oct

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 - Three-unit property with owned solar panels and a flexible apartment configuration.
Where is this triplex located?
The property is located at 49 Arnold Street East Providence, RI.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: Three‑unit configuration with a two‑bedroom first‑floor residence; Second‑floor rear apartment connects to the third floor for potential townhouse‑style expansion; Owned solar panels, mini‑split systems, newer boilers, and a brand new roof
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