94 Garfield Ave

Providence RI 02908

2120 sq. ft.

3891 sq. ft.

Multi-Family

Last sold for $560,000

David Peterson, last sold this property on 03 February 2026 after 84 days on market.

Overview

Discover an oversized two-family in the heart of Providence with the layout, parking, and long-term upside buyers are looking for. Offering over 2,100 sq ft of living space, this property delivers more room and flexibility than most multi-families on the market. First floor unit occupied with month to month tenant. Rent is under market value. Second and third floor unit is vacant presently. The first-floor unit features 2 bedrooms and 1 bathroom with separate gas heating and gas hot water, making it ideal for an owner-occupant or tenant with predictable utility use. The spacious townhouse-style second unit spans the second and third floors, offering 3 bedrooms and 1 bathroom. This unit has separate oil heat and gas hot water (tied into the first-floor line), allowing for simple utility management and straightforward upgrades if desired. Off-street parking plus a detached two-car garage provide rare convenience in the city. The home is functional, and already has some cosmetic updates in place, while still offering plenty of value-add potential for someone who wants to finish the improvements. With comps in the area trending upward, this is the kind of property where smart updates can immediately create equity. Located on a quiet residential street near RI Hospital, local schools, parks, shopping, and the highway, this is an excellent opportunity for both owner-occupants and investors. Priced to reflect the light interior and exterior work remaining.

Features

5 bedrooms

3 bathrooms

4 carspaces

2 garage spaces

2120 sq. ft. floor area

3891 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 94 Garfield Ave is $550k.

Median value

$550k

Estimated value range

$350k - $719.9k

Median days on market

Estimated value trend

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.