56 Ivy Street Providence, RI $ 1,029,000
56 Ivy Street
$ 1,029,000
Recently Listed
Open House 2/21 12pm - 1:30pm
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56 Ivy Street

Providence, RI, 02906
$ 1,029,000
Bedrooms7 Baths4.0 Sq 3,944

Monthly Estimate*

$ 6,336

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Single Family Home for sale in Providence, RI

for $1,029,000 with 7 bedrooms and 4 full baths. This 3,944 square foot home was built in 1900 on a lot size of 0.13.

Turnkey income producing 3 family investment! This well-maintained multi-family property offers strong income potential and long-term value. Major capital improvements already completed with a 2 1/2 yr old roof, and hard wired smoke detectors for code compliance. Each unit is spacious and thoughtfully designed with separate entrances, generous layouts, abundant natural light, and functional kitchens and living areas ideal for today's renters. In addition to the 3 units, there is also a first floor art studio with bath, and a second level office and flex space. The basement has plenty of storage, a workshop, and coin-op washer and dryer. The property also features a rare large, private fenced yard - an added bonus for tenants and owner occupied alike! Tenants enjoy convenient access to nearby shopping, dining, schools, and major transportation routes, making this a highly desirable location. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property presents a rare and versatile opportunity. The current owners have primarily chosen mid-term monthly rentals that have included utilities however each unit is separately metered proving flexibility. Taxes are based on owner occupied rate. Owners will sell fully furnished if desired.

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Open House

2/21/2026 12:00 PM - 1:30 PM
56 Ivy Street Providence, RI
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 1,029,000

Bedrooms

7

Full Bath

4

Property Type

Single Family

Taxes

$ 6,731

Style

Lot Size

0.13

Year Built

1900

Town/City

Providence

County/Region

Providence

MLS | Web ID

1405134

List By
Mott & Chace Sotheby's Intl.

Broker

christine.dupuis@mottandchace.com

Email

Affordability Calculator

$6,897
Per Month
92%
8%
0%
Monthly Principal & Interest
$6,336
Monthly Property Taxes
$561
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
2/18/2026$1,029,000 Listed Price

Map


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56 Ivy Street, Providence, RI, 02906 is a Single Family Home for sale at $1,029,000 with 3,944 sqft and a lot size of 0.13. 56 Ivy Street has 7 bedrooms, 4.0 baths, and was built in 1900. The property's zip code is 02906 which is in Providence, RI