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Back 507 Academy Avenue
Off Market

507 Academy Avenue

Providence RI 02908

4
2
5
1245 sq. ft.
5663 sq. ft.
Single-Family
Last sold for $366,000
Krystle CookKrystle Cook, last sold this property on 19 May 2026 after 56 days on market.

Overview

Opportunity is knocking at 507 Academy Ave in Providence's desirable Elmhurst neighborhood! This 4-bedroom, 1.5-bath home offers incredible value with strong bones and endless upside a little TLC can go a long way. Zoned R-3, presenting prime potential for investors including possible multi-family conversion or ADU addition (buyer to perform due diligence). The existing layout and garage offer flexibility for expansion and increased rental income. Located just minutes from downtown Providence, major highways, and within walking distance to Providence College, Rhode Island College, and La Salle Academy. Whether you're an investor looking for your next value-add project or an owner-occupant ready to build equity, this is your chance to secure a property with serious upside. Priced to sell don't miss out! Will not pass FHA. Schedule your viewing today!

Features

4 bedrooms
2 bathrooms
5 carspaces
1 garage space
1245 sq. ft. floor area
5663 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Providence over the last 12 months, the estimated median property value of 507 Academy Avenue is $461.36k.

Median value
$461.36k
Estimated value range
$285k - $700k
Median days on market
26
Estimated value trend
9%
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 507 Academy Avenue

2026
Sold
$366,000
19 May 2026 by Krystle Cook, of Innovations Realty

Happy sellers in Providence

100%
100% 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 4 bedroom single-family properties in Providence

In the last 12 months, 27 four-bedroom single-family properties similar to 507 Academy Avenue, have been sold.

This represents a 34% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

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

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Fernanda Diaz

Fernanda Diaz is a recommended agent for Providence.  They have collected 3 local reviews across the last 12 months.

  •   5   (27 reviews)
  •  3 Reviews in Providence
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Carol Cooney

Carol Cooney is an award winning recommended agent for Providence.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (10 reviews)
  •  1 Review in Providence
  •  2 Sales in Providence
View profile
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Spencer Gorny

Spencer Gorny is a recommended agent for Providence.  They have collected 1 local review across the last 12 months.

  •   5   (4 reviews)
  •  1 Review in Providence
View profile
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Emmett Teter

Emmett Teter is a recommended agent for Providence.  They have collected 1 local review across the last 12 months.

  •   5   (25 reviews)
  •  1 Review in Providence
View profile
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