181 Pleasant Street

Off Market

181 Pleasant Street

Providence RI 02906

2436 sq. ft.

6023 sq. ft.

Multi-Family

Last sold for $885,000

Lisa Ardente, last sold this property on 27 June 2025 after 51 days on market.

Overview

Discover this prime investment opportunity with this 3 family home located on Providence's East Side. This property boasts a robust rental history and offers great potential for increased returns. The first and second floor units feature 2 bedrooms each, a full bath, kitchen and double parlors, providing ample living space for tenants.The second floor unit has been tastefully updated with a renovated kitchen and new windows. The third floor unit also features 2 bedrooms with plenty of room and natural light. Current rental rates are below market value, presenting an exciting opportunity for investors to increase income. With a vacant second floor unit and the third floor that will be vacant May 31, there is flexibility for rental adjustments. The first floor lease expires on August 31, 2025. Additional updates include a newly shingled roof in 2023, and 3 year old boilers for all units. The vinyl siding ensures low maintenance costs for years to come. Situated on a large lot with a two car garage, there is plenty of room for parking and outdoor enjoyment. Steps to the shops and restaurants of Hope Village, Whole Foods, Brown University, RISD and downtown Providence.

Features

6 bedrooms

3 bathrooms

8 carspaces

2 garage spaces

2436 sq. ft. floor area

6023 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar 6 bedroom multi families sold in Providence over the last 12 months, the estimated median property value of 181 Pleasant Street is $900k.

Median value

$900k

Estimated value range

$630k - $1.82m

Median days on market

Estimated value trend

12%

increase 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 181 Pleasant Street

2025

Sold

$885,000

27 Jun 2025 by Lisa Ardente, of Compass

2020

Sold

$335,000

24 Jan 2020 by John Mahoney, of Streetcar Realty

Happy sellers in Providence

We have insufficient information to provide an overview of customer satisfaction for Providence. Viewing the agent profiles, reviews and sales for Providence can provide insights for this location.

Local market activity for 6 bedroom multi families in Providence

In the last 12 months, 20 six-bedroom multi families similar to 181 Pleasant Street, have been sold.

This represents a 59% increase in six-bedroom multi families sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Providence for a market analysis.

Lavonne Lopes

(68 reviews)

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Andrea St. Germain

at Keller Williams Coastal

(8 reviews)

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Steven Miller

at Coldwell Banker Realty

(16 reviews)

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Pamela Reis

at Mateus Realty

(6 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Providence

Lavonne Lopes

Lavonne Lopes is a recommended agent for Providence. They have 3 local sales and collected 1 local review across the last 12 months.

5 (68 reviews)
1 Review in Providence
3 Sales in Providence

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Andrea St. Germain

Andrea St. Germain is an award winning recommended agent for Providence. They have 1 local sale and collected 1 local review across the last 12 months.