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Property Description
Two 3 units with an extra lot! Point, Emmet and Beacon St! Opportunity to acquire a multi-parcel assemblage offering strong in-place income with substantial development upside. Individually stable and collectively powerful, this portfolio presents both immediate cash flow and long-term density potential. Highlights: 278 Point Street: 3-family, fully rented, ~$5,600/month income; right to add 3 additional units by right (no variances) 3,088 SF Land 7,522 SF 15 17 Emmett Street: 3-family, fully rented, ~$4,200/month income; right to add 1 additional unit by right 3,007.5 SF Land 4,190 SF Beacon Street: Development potential for 1 2 additional units Strong existing cash flow while pursuing expansion Assemblage potential to support a redevelopment exceeding 28+ residential units (subject to planning & zoning review) Ideal for investors or developers seeking stabilized income with significant future build-out opportunity.
Full Property Details
Full Property Details for 15 Emmett St
General
- Price: $1,999,999
- Status: Active
- Type: Commercial Multi-Family
- Source: STWMLS
- MLS ID: 1405381
- Updated: 2/23/2026
- Added to Site: 1 day(s) ago
Parking
- Total Spaces: 5
Location
- County: Providence
Utilities
- Sewer: Connected
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 2
- Structure Type: Multi Family
- Detached/Attached: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Full
- Stories/Levels: 6
- Building Size: 6096
- Finished Total: 6,096 Sq. Ft.
- Finished Above Grnd: 6,096 Sq. Ft.
- Year Built: 1904
Lot Features
- Lot Size (Acres): 0.269
- Lot Size (Sq. Ft.): 11,712
- Lot Size: 11712
Disclosures and Reports
- Property ID: 1517EMMETTSTPROV
- Lot Number: 636
Listed by HomeSmart Professionals
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Schools
Schools serving 15 Emmett St
School District:Providence School District
| Name | Grades | Distance |
|---|---|---|
Robert L Bailey IV, Elementary School 65 Gordon Avenue, Providence, RI 02905 | K-5 | 0.8 mi |
Mary E. Fogarty El. School 199 Oxford Street, Providence, RI 02905 | K-5 | 0.8 mi |
Leviton Dual Language School 65 Greenwich Street, Providence, RI 02907 | K-5 | 1.1 mi |
Gilbert Stuart Middle School 188 Princeton Avenue, Providence, RI 02907 | 6-8 | 1 mi |
Roger Williams Middle School 278 Thurbers Avenue, Providence, RI 02905 | 6-8 | 1.1 mi |
Nathanael Greene Middle School 721 Chalkstone Avenue, Providence, RI 02908 | 6-8 | 1.7 mi |
Central High School, Providence, RI 70 Fricker Street, Providence, RI 02903 | 9-12 | 0.4 mi |
Classical High School, Providence, RI 770 Westminster Street, Providence, RI 02903 | 9-12 | 0.4 mi |
W B Cooley & Academy Internationa 182 Thurbers Avenue, Providence, RI 02905 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15 Emmett St
Date
Details
Price
Change
Source
2/23/2026
Listed
$1,999,999
1029.94%
MLS
8/23/2010
Sold
$177,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 15 Emmett St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,066
29%
$504,700
69%
2024
$5,474
—
$298,300
—
2023
$5,474
3%
$298,300
—
2022
$5,310
31%
$298,300
81%
2021
$4,057
—
$165,200
37%
2021
$4,057
37%
$120,400
—
2019
$2,957
-23%
$120,400
—
2018
$3,832
—
$119,900
—
2017
$3,832
—
$119,900
—
2016
$3,832
36%
$119,900
40%
2015
$2,827
-2%
$85,400
—
2014
$2,882
—
$85,400
—
2013
$2,882
—
$85,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 15 Emmett St
15 Emmett Street, Providence, RI 02903 (MLS# 1405381) is a Commercial Multi-Family property. 15 Emmett Street is currently listed for $1,999,999 and was received on February 23, 2026. Want to learn more about 15 Emmett Street? Do you have questions about finding other Commercial Multi-Family real estate for sale in Providence? You can browse all Providence real estate or contact a Coldwell Banker agent to request more information.

