Prime investment opportunity! This mixed-use property features three units with excellent income potential. The first-floor unit is currently operating as a tax office, offering a prime location for business use. The second unit is a spacious residential apartment, and the third unit is a large three-bedroom apartment on the top floor. Additionally, the property includes a finished basement with a full bathroom, providing extra functional space, back deck and garage. Located in a high-visibility area with easy access to major highways, public transportation, and local amenities, this property is ideal for investors, owner-occupants, or business owners looking for a live-work setup. Don't miss this unique opportunity—schedule a showing today!
For sale
Price cut: $24K (8/23)
$575,000
1264 Elmwood Ave, Providence, RI 02907
4beds
2,000sqft
Est.:
Multi Family
Built in 1925
-- sqft lot
$571,500 Zestimate®
$288/sqft
$-- HOA
What's special
- 13 days
- on Zillow |
- 624 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: August 27, 2025 at 11:03am
Listed by:
Madelynn Duarte 401-481-7357,
Innovations Realty
Source: StateWide MLS RI,MLS#: 1391755

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Open house
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Bathroom
- Features: Bath w Shower Stall, Bath w Tub & Shower
Heating
- Natural Gas, Gas Connected, Gas on Gas
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater
- Laundry: In Building
Features
- Wall (Dry Wall), Wall (Plaster), Stairs, Insulation (Unknown)
- Flooring: Hardwood
- Basement: Full,Interior Entry,Partially Finished,Bath/Stubbed,Common,Laundry
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,994
- Total interior livable area: 2,000 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Detached
- Garage spaces: 1
Features
- Stories: 2
Lot
- Size: 3,598.06 Square Feet
- Features: Corner Lot
Details
- Parcel number: PROVM89L245
- Zoning: C1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Plaster, Vinyl Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Electric: 220 Volts, Circuit Breakers, Individual Meter
- Sewer: Public Sewer, Public Connected
- Water: Public
Community & HOA
Community
- Features: Near Public Transport, Highway Access, Hospital, Interstate, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping
HOA
- Has HOA: No
Location
- Region: Providence
Financial & listing details
- Price per square foot: $288/sqft
- Tax assessed value: $203,700
- Annual tax amount: $4,003
- Date on market: 8/14/2025
- Inclusions: subject to seller obtaining suitable housing or remaining as a tenant in single unit at market rent if possible
- Total actual rent: 2600
- Tenant pays: Heat
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