Back 1039 Douglas Avenue
Off Market

1039 Douglas Avenue

Providence RI 02904

5
4
18
5450 sq. ft.
19828 sq. ft.
Multi-Family
Last sold for $950,000
Jonathan KaufmanJonathan Kaufman, last sold this property on 01 October 2026 after 253 days on market.

Overview

Five-unit mixed-use multifamily property with additional buildable land, located at a highly visible, busy intersection in Providence. Offered for sale is nearly 20,000 SF comprised of two parcels, including three residential units and two restaurant spaces, with newer updates including the roof and mechanical systems. Both parcels convey together, offering additional development potential and possible additional subdivision, subject to approvals. The property is zoned C-2, allowing for a wide range of permitted commercial and mixed-use uses with flexible development standards, including potential drive-through capacity. The site benefits from four curb cuts, providing excellent access and has exceptional visibility from all sides. See Commercial MLS #1403580.

Features

5 bedrooms
4 bathrooms
18 carspaces
5450 sq. ft. floor area
19828 sq. ft. lot size
Multi-Family

Estimated Value

Based on this property and similar 5 bedroom multi families sold in Providence over the last 12 months, the estimated median property value of 1039 Douglas Avenue is $580k.

Median value
$580k
Estimated value range
$480k - $950k
Median days on market
18
Estimated value trend
-32%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Providence. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1039 Douglas Avenue

2026
Sold
$950,000
01 Oct 2026 by Jonathan Kaufman, of Compass

Happy sellers in Providence

95%
95% of sellers in Providence reported that their sale price either exceeded or met their price expectations.

Providence stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Providence over the last 12 months.

Local market activity for 5 bedroom multi families in Providence

In the last 12 months, 9 five-bedroom multi families similar to 1039 Douglas Avenue, have been sold.

This represents a 900% decrease in five-bedroom multi families sales when compared to the previous 12 months.

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