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Triplex with Unfinished Basement
For Sale
$550,000

61 Douglas Ave, Providence, RI 02908

Three residential units offer spacious layouts, natural light, and shared basement storage with laundry equipment.

Property Size3,552 SF
Price / SF$154.84
Days on Market79

Property Features for 61 Douglas Ave

General Information

Standard status Active
Size 3,552 SF
Property subtype Multi-Family

Building Details

Year Built 1930
Listing Agency: Century 21 Limitless
Listed By: Kyle Seyboth · License #REB.0019335
Source: Alpernandmesenbourg
Added: Jul 28 Changed: Oct 7 Last Checked: Oct 7 at 4:10PM

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 Century 21 Limitless

Investment Insights

Based on property information with market context.

This 1930 triplex contains three residential units totaling 3,552 square feet. Each unit is described with spacious layouts and abundant windows that bring in natural light. A full unfinished basement adds storage space and includes a washer and dryer.

The property is located on Douglas Avenue in Providence, near restaurants, grocery stores, retail shops, neighborhood businesses, schools, public transportation, and Wanskuck Park. Downtown Providence, Providence College, Rhode Island College, Providence Place Mall, and Rhode Island Hospital are also nearby. Regional access includes Route 6, Route 146, Interstate 95, and Interstate 295, with T.F. Green Airport approximately 15–20 minutes away.

Key Highlights

  • Three‑unit residential property with 3,552 square feet
  • Built in 1930
  • Full unfinished basement with washer and dryer

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Carpet & Flooring Store Pet Grooming Service Tanning Salon (Bike/Boat/Book/etc) Store Catering Service Butcher

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

2,557
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
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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 offer spacious layouts, natural light, and shared basement storage with laundry equipment.
Where is this triplex located?
The property is located at 61 Douglas Ave Providence, RI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Three‑unit residential property with 3,552 square feet; Built in 1930; Full unfinished basement with washer and dryer
More about this property
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