$849,900

38 Mitchell Street, Providence, RI 02907

9 beds |
3 baths |
3,474 sqft

Multi-Family Home
Built in 1910
2,801sqft lot
—— car garage
$245/sqft
Listed 16 days ago

Property Description

Located in the heart of Elmwood, this well-maintained three-unit property presents a stabilized, income-producing opportunity in one of Providence’s most accessible neighborhoods. Each unit offers over 1,100 SF with three bedrooms and one full bath, providing strong rental appeal and consistent tenant demand. The property is fully occupied, delivering immediate cash flow. Recent capital improvements include a newer roof, vinyl siding, and new appliances. A full basement offers ample storage or potential for future expansion. Positioned on a prominent corner lot, the asset benefits from two separate driveways and ample off-street parking Located minutes from downtown Providence with direct access to Routes 95, 195, and 146, the property offers strong connectivity to major employment centers, supporting long-term rental stability and appreciation potential. A turnkey multifamily asset with scale, location, and upside.

Listing Status:: Active
Date Added:: February 16, 2026
Data Last Updated:: March 4, 2026 at 7:15AM
Listing Office:: Century 21 Limitless : 617-749-7178
MLS ID:: 1404675

Appliances: Gas Water Heater
Basement: Exterior EntryFullFinishedInterior Entry
Flooring: Laminate
A/C: None
Heating: Forced AirGas
Fireplace: Fireplaces: 0

Parking: No GarageParking spaces: 7

General: Vinyl Siding0

Originating MLS: RIS_RIS
County: Providence

Zoning: 38MITCHELLSTPROV

Utilities: Sewer ConnectedCircuit Breakers
Water: Connected
Sewer: Connected

Source: RIS_RIS

This listing courtesy of Century 21 Limitless

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Robert L. Bailey Iv

65 Gordon Ave, Providence, RI, 02905

Grades KG-5

0.26 miles away

Gilbert Stuart Middle School

188 Princeton Ave, Providence, RI, 02907

Grades 6-8

0.46 miles away

W B Cooley & Academy Internationa

182 Thurbers Ave, Providence, RI, 02905

Grades 9-12

0.64 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.