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Renovated Triplex with Double Parlors
For Sale
$690,000

49 Wealth Avenue, Providence, RI 02908

Three residential units include updated kitchens and a one-bedroom top-floor layout.

Property SizeContact for details
Days on Market142

Property Features for 49 Wealth Avenue

General Information

Standard status Active
Property subtype Multi-Family

Amenities

Baseboard
Gas
Steam
Dryer
Dishwasher
Electric Water Heater
Gas Water Heater
Microwave
Oven
Range
Refrigerator
Water Heater
Washer
Porch, Sewer Connected

Building Details

Year Built 1910
Stories 3
Listing Agency: HERE Realty
Listed By: Steven London
Source: Kw
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 7:35PM

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 HERE Realty

Investment Insights

Based on property information with market context.

This renovated triplex, built in 1910, contains three residential units with five total bedrooms. The first- and second-floor apartments offer double-parlor layouts, kitchens with separate scullery areas, and strong natural light. The third-floor one-bedroom unit includes a Japanese soaking tub and a 12-inch walk-in rain shower. A new Navien heating system serves the first-floor unit, while the property also includes baseboard, gas, and steam heating features, plus in-unit laundry appliances and dishwashers.

Located at 49 Wealth Avenue in Providence, the property is near Federal Hill and the WaterFire Arts Center, with major highways minutes away. Sewer is connected, and the exterior includes a porch. Lead certificates are valid for all three units.

Key Highlights

  • Renovated 3‑family property with 5 total bedrooms
  • Three units, including a third‑floor 1‑bedroom apartment
  • First- and second‑floor units feature double‑parlor layouts and scullery space

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Parking Lot & Garage HVAC Service Acupuncture Carpet & Flooring Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,909
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three residential units include updated kitchens and a one-bedroom top-floor layout.
Where is this triplex located?
The property is located at 49 Wealth Avenue Providence, RI.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Renovated 3‑family property with 5 total bedrooms; Three units, including a third‑floor 1‑bedroom apartment; First- and second‑floor units feature double‑parlor layouts and scullery space
More about this property
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