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Three-Unit Multifamily Property
For Sale
$614,900

72 Academy Avenue, Providence, RI 02908

Residential Income, Providence, RI

Property Size4,696 SF
Lot Size0.07 Acres
Price / SF$130.94
Days on Market109

Property Features for 72 Academy Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 4, Basement, Bedroom 2, Bathroom 3, Bedroom 5, Bathroom 1, Bedroom 6
Parking 2
Parking features None
Basement Unfinished, Full
Appliances Gas Water Heater
Standard status Active
Size 4,696 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7423

Utilities

Heating system Forced Air, Natural Gas

Building Details

Year built 1920
Number of units 3
Flooring type Hardwood, Vinyl
Building materials Brick, Vinyl Siding
Listing Agency: Century 21 Limitless · Century 21 Real Estate
Listed By: Kyle Seyboth · License #32535
Added: May 12 Changed: Aug 27 Last Checked: Aug 28 at 9:06PM
MLS# 1412448

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.

Investment Insights

Based on property information with market context.

This occupied triplex contains three residential units, each arranged with two bedrooms and one full bathroom. The property provides 4,696 square feet across a 0.07-acre lot and was built in 1920. Brick and vinyl siding form the exterior, while interior finishes include hardwood and vinyl flooring. Natural-gas forced-air heating and a gas water heater serve the building.

The property is located in Providence near Providence College and Rhode Island College, with access to Downtown Providence, dining, shopping, and entertainment. Route 6, Interstate 95, and Interstate 295 are also nearby, providing connections throughout the area.

Key Highlights

  • Three‑unit property with 2 bedrooms and 1 full bathroom in each unit
  • 4,696 square feet on a 0.07‑acre lot
  • Built in 1920 with brick and vinyl siding

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Parking Lot & Garage HVAC Service Real Estate Agency Acupuncture Carpet & Flooring Store

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

Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,603
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Occupied multifamily property with consistent unit layouts and access to Providence-area colleges, retail, dining, and major routes.
Where is this triplex located?
The property is located at 72 Academy Avenue Providence, RI.
What is the asking price?
The asking price for this property is $614,900.
What are key features of this property?
This property features: Three‑unit property with 2 bedrooms and 1 full bathroom in each unit; 4,696 square feet on a 0.07‑acre lot; Built in 1920 with brick and vinyl siding
More about this property
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