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Price Drop: $20K (10/22)
Street View
$579,000
Monthly Est:$2,882
5 Beds
3 Baths3 full baths
2,964sqft
83 Terrace Ave, Providence, RI 02909
$579,000
$2,882/moEst:
Get Pre-Approved
Multi Family
Built in 1900
$-- HOA
2,964 sqft lot
$195/sq.ft
Description
Silver Lake 3-Family Investor or Owner-Occupant Opportunity. Three units in one of Providence's steadiest rental pockets. The setup is a 1-bedroom first-floor unit plus two 2-bedroom apartments on the second and third floors, with an attached 2-car garage and off-street parking. Live in one and let the other two carry you, or drop it straight into your portfolio. Projected $72,000 in annual rental income once all units are rented at market rate. All tenants are currently month-to-month. Strong in-place and market rents, Section 8 friendly, and a location that stays rented. Whether you're house-hacking your first multi or adding to a growing portfolio, this is a turnkey three-unit in a neighborhood that holds its demand. Schedule your showing today.
- Houzeo last checked: 7 minutes ago
- Listing updated: October 23, 2026 at 12:40 am
- Listing Provided by: Devon Urena (774) 469-4436 DRE #RES.0049774 | Smith and Oak Real Estate Co. (401) 400-4114
- Source: RI StateWide MLS-RI | MLS#: 1421951
Property Details
Status
Pending
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1900
HOA Fees
-
Finished Area
2,964 sqft
Lot Size
2,964 sqft lot
Basement Area
- sqft
MLS Name
RI StateWide MLS
MLS Number
1421951
MLS Status
Pending
Days on Market
59
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 3
Interior
Interior Features
Tub Shower
Cooling
Wall Units
Appliances
Gas Water Heater, Water Heater
Exterior Features
Porch, Patio
Heating
Baseboard, Gas
Sewer
Connected, Public Sewer
Flooring
Hardwood, Laminate, Other
Construction
Year Built
Year Built: 1900
Home type
Multi Family
Architectural Style
Stacked
Construction Materials
Drywall, Masonry, Other, Shingle Siding, Vinyl Siding
Utilities & Energy
Fireplace Features
None
Electric
Amps100
Basement
None
Parking Features
Attached, Garage
Water Source
Connected, Public
Utilities
Sewer Connected
Other Features
Subdivision Name
Silver Lake
Community Features
Highway Access, Near Hospital, Near Schools, Public Transportation, Restaurant, Shopping, Sidewalks
Patio And Porch Features
Patio, Porch
Price History
| Date | Event | Price |
|---|---|---|
10/22/2026 Source: | Pending | $579,000 $195/sqft |
10/05/2026 Source: | Price Decreased | $579,000 -3.34% $195/sqft |
09/15/2026 Source: | Price Decreased | $599,000 -7.70% $202/sqft |
08/31/2026 Source: | Listed for Sale | $649,000 +154.45% $219/sqft |
06/25/2021 Source: | Price Decreased | $255,055 -7.25% $86/sqft |
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Getting Around 83 Terrace Ave
Bike Score®
Somewhat Bikeable
45/100
Walk Score®
Very Walkable
76/100
Transit Score®
Some Transit
40/100
Data provided by Redfin
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Based on information from State-Wide MLS through Oct 30, 2026, 03:15AM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 State-Wide MLS, Inc. All rights reserved.
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