$480,000

140 Cleveland Street, Providence, RI 02909

  • 6 beds |
  • 2 baths |
  • 2,184 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon3,202sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $220/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

Spacious 2-family offering flexible 2–3 bedroom layouts in Providence’s Hartford neighborhood. Each unit provides about 1100 square feet of living space, not including the finished basement allowing for multiple configuration options for bedrooms, home offices, or extended family needs. Both units have a deck / Balcony area. Projected market rents show $4,300–$4,500 per month, Make this ideal for owner-occupants looking to offset their mortgage. Investors seeking long-term rental income with great space, cap rate falls in the 6–6.5% range. Additional highlights include separate utilities, gas heat, 5 off-street parking spaces, integral garage for easy in and out. Newer roof, and convenient access to highways, restaurants, and amenities & shopping. Whether you’re looking to live in one unit and rent the other or add to your portfolio, this property offers space, versatility, and long-term potential and Solid Value. Owner-occupants may qualify for Providence’s Homestead Exemption, potentially reducing property taxes by 40%, live for less.

Listing Status:
Active
Date Added:
March 2, 2026
Data Last Updated:
March 4, 2026 at 6:16AM
Listing Office:
Keller Williams Coastal : 401-845-9200
MLS ID:
1405691
  • General: Tub Shower
  • Appliances: Gas Water HeaterOvenRangeRefrigerator
  • Basement: FullFinishedWalk-Out Access
  • Flooring: Ceramic TileLaminateOtherWood
  • A/C: None
  • Heating: Forced AirGas
  • Fireplace: Fireplaces: 0
  • General: Deck
  • Style: Stacked
  • Other Structures: Deck
  • Parking: Built InParking spaces: 5
  • General: BrickWood Siding2See Remarks
  • Originating MLS: RIS_RIS
  • County: Providence
  • Zoning: 140CLEVELANDSTPROV
  • Utilities: Sewer Connected100 Amp Service
  • Water: ConnectedPublic
  • Sewer: ConnectedPublic Sewer
  • Source: RIS_RIS

This listing courtesy of Keller Williams Coastal

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Frank D. Spaziano Elementary School

85 Laurel Hill Ave, Providence, RI, 02909

Grades 2-5

0.05 miles away

G

Governor Christopher Delsesto

152 Springfield St, Providence, RI, 02909

Grades 6-8

0.57 miles away

M

Mount Pleasant High School

434 Mount Pleasant Ave, Providence, RI, 02908

Grades 9-12

1.65 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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