10-Unit Apartment
For Sale
$1,250,000
8 Somerset Street, Providence, RI 02907
Commercial/Business,Commercial Sale, Providence, RI
Property SizeContact for details
Lot Size0.23 Acres
Days on Market67
Property Features for 8 Somerset Street
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Downtown
Standard status
Active
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
20254
Building Details
Year built
1853
Building materials
Frame
Listing Agency:
Century 21 Limitless · Century 21 Real Estate
(508) 567-3468
Listed By:
Kyle Seyboth · License #32535
(508) 726-3492
Added: Jun 25
Changed: Aug 19
Last Checked: Aug 30 at 1:06AM
MLS# 1416144
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 frame apartment building was constructed in 1853 and contains 10 residential units: nine 1-bedroom apartments and one 2-bedroom apartment. The property is currently generating rental income, and the parcel covers 0.23 acres.
Located near the Silver Lake and West End neighborhoods, the property is close to restaurants, cafes, grocery stores, parks, and neighborhood services. Downtown Providence is minutes away, with access to Route 6, Route 10, Interstate 95, and Interstate 195. Rhode Island Hospital, Hasbro Children’s Hospital, educational institutions, public transportation, and T.F. Green Airport are also nearby, with the airport approximately 15–20 minutes away.
Located near the Silver Lake and West End neighborhoods, the property is close to restaurants, cafes, grocery stores, parks, and neighborhood services. Downtown Providence is minutes away, with access to Route 6, Route 10, Interstate 95, and Interstate 195. Rhode Island Hospital, Hasbro Children’s Hospital, educational institutions, public transportation, and T.F. Green Airport are also nearby, with the airport approximately 15–20 minutes away.
Key Highlights
- 10 residential units: nine 1‑bedroom units and one 2‑bedroom unit
- 0.23‑acre parcel in Providence, RI
- Frame construction completed in 1853
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,575
Businesses Nearby
Explore this area
Business Placement
Demographics for 02907, RI
29,827
Population
11,474
Households
2.6
Avg Household Size
33
Median Age
20%
College-Educated
74%
High-School Grad
2.2 sq mi
ZIP Area
13,558
Density / Sq Mi
$49,564
Median Household Income
$32,619
Median Earnings
$1,136
Median Rent
$311,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Frame construction with an established rental profile and convenient access to major routes and neighborhood services.
Where is this apartment building located?
The property is located at 8 Somerset Street Providence, RI.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 10 residential units: nine 1‑bedroom units and one 2‑bedroom unit; 0.23‑acre parcel in Providence, RI; Frame construction completed in 1853
