880 Douglas Avenue, Providence, RI 02908
- Added:
- Apr 21, 2026
- Days on Market:
- 53
- Last Refresh:
- Jun 12 at 6:06 am
Property Features for 880 Douglas Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 8, Bedroom 5, Bedroom 2, Bedroom 6, Bedroom 3, Bedroom 1, Bedroom 7, Bathroom 1, Bathroom 3, Basement, Bedroom 4
- Parking
- 4
- Parking features
- Garage
- Interior features
- Wall (Plaster), Plumbing (Mixed), Insulation (Unknown)
- Basement
- Full, Unfinished, Storage Space
- Appliances
- Gas Water Heater, Oven/Range, Refrigerator
- Standard status
- Pending
- Size
- 2,429 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7356
Utilities
- Heating system
- Natural Gas, Forced Air
Building Details
- Year built
- 1890
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Carpet, Tile - Ceramic, Hardwood, Laminate
- Building materials
- Plaster, Vinyl Siding
Listing agent Riley White (401) 333-4900
Listing office Keller Williams Leading Edge 28 Thurber Boulevard, Lincoln, RI (401) 333-4900
Listing date Apr 21, 2026
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.
HighLights
- 3‑unit multi‑family with 8 total bedrooms and 3 full baths
- Two units currently renting for $3,725/month; third‑floor unit is vacant
- Separate gas and electric utilities
- Off‑street parking via easement on Sunbury Ave; includes a garage
- Lead certificates to be delivered (currently in process)
- Built in 1890 with forced‑air natural gas heating
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.7k | $25.80 |
| − Vacancy | −$4.1k | −$1.68 |
| EGI | $58.6k | $24.12 |
| − OpEx | −$17.6k | −$7.24 |
| NOI | $41.0k | $16.89 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Providence
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.436523
- Latitude
- 41.852137
