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$850,000
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Property Description
Exceptional investment property for sale! This property has 3 legal units with a fully finished fourth floor with its own entrance if desired and with a washer and dryer in EACH unit (washers and dryers in unit added in 2024). Unit 1 - 4 bedroom 1 bathroom unit, currently rented at $2,000 per month, tenant pays for all utilities Unit 2 - 4 bedroom 1 bathroom unit, currently rented at $2,000 per month for only one person in the unit, and was previously rented at $2,500 per month for multiple people in the unit, tenant pays for all utilities Unit 3 - 3 bedroom 1 bathroom unit, currently vacant as a tenant for this unit recently moved out, was rented previously for $1,800 per month with the landlord paying for electricity and the tenant paying for gas and all other utilities Fourth floor - 4 bedroom 1.5 bathroom unit, currently rented at $2,200 per month, landlord pays for electricity, and tenant pays for all other utilities, renovated in 2024 with new Lifeproof flooring, granite countertops, new lighting, etc. Basement - unfinished basement, full height basement As of May 2025, the total rent for the building with all of the units rented was $8,400 The property includes stacked parking that can fit 3 to 4 cars, a small fenced in area towards the back of the house, solar exterior lights, new vinyl siding, a newer roof, and several newer appliances in the units. Please reach out if you are interested in scheduling a tour of the property. Thanks!
Full Property Details
Full Property Details for 171 Reynolds Ave
General
- Price: $850,000
- Taxes: $8,001 (2024)
- Status: Active
- Type: Apartment
- Source: STWMLS
- MLS ID: 1397097
- Updated: 10/8/2025
- Added to Site: 102 day(s) ago
Interior
- Number of Rooms: 28
- Interior Features: Attic, Interior Steps, Permanent Attic Stairs
- Appliances: Dryer, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
- Flooring: Hardwood, Laminate, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 15
Other Rooms
- Laundry: In Unit
Additional Information
- Security/Safety: Security System Owned
Parking
- Total Spaces: 3
- Parking Features: No Garage
Location
- County: Providence
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Baseboard, Electric, Gas, Radiant
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected, Public
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Interior Entry, Unfinished
- Stories/Levels: 4
- Building Size: 5772
- Finished Total: 5,772 Sq. Ft.
- Finished Above Grnd: 5,772 Sq. Ft.
- Year Built: 1922
Lot Features
- Lot Size (Acres): 0.0735
- Lot Size (Sq. Ft.): 3,200
- Lot Size: 3200
Financial Considerations
- Tax Amount: $8,001
- Tax Year: 2024
Disclosures and Reports
- Property ID: 171REYNOLDSAVPROV
- Lot Number: 1067
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Schools
Schools serving 171 Reynolds Ave
School District:Providence School District
| Name | Grades | Distance |
|---|---|---|
Robert L Bailey IV, Elementary School 65 Gordon Avenue, Providence, RI 02905 | K-5 | 0.1 mi |
Mary E. Fogarty El. School 199 Oxford Street, Providence, RI 02905 | K-5 | 0.4 mi |
Leviton Dual Language School 65 Greenwich Street, Providence, RI 02907 | K-5 | 0.6 mi |
Gilbert Stuart Middle School 188 Princeton Avenue, Providence, RI 02907 | 6-8 | 0.5 mi |
Roger Williams Middle School 278 Thurbers Avenue, Providence, RI 02905 | 6-8 | 0.5 mi |
Nathanael Greene Middle School 721 Chalkstone Avenue, Providence, RI 02908 | 6-8 | 2.2 mi |
W B Cooley & Academy Internationa 182 Thurbers Avenue, Providence, RI 02905 | 9-12 | 0.6 mi |
Central High School, Providence, RI 70 Fricker Street, Providence, RI 02903 | 9-12 | 0.9 mi |
Classical High School, Providence, RI 770 Westminster Street, Providence, RI 02903 | 9-12 | 0.9 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 171 Reynolds Ave
Date
Details
Price
Change
Source
10/06/2025
Listed
$850,000
45.3%
MLS
1/10/2024
Sold
$585,000
—
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 171 Reynolds Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,028
-37%
$666,000
53%
2024
$8,001
—
$436,000
—
2023
$8,001
3%
$436,000
—
2022
$7,761
31%
$436,000
81%
2021
$5,914
—
$240,800
—
2019
$5,914
19%
$240,800
54%
2018
$4,986
—
$156,000
—
2017
$4,986
—
$156,000
—
2016
$4,986
18%
$156,000
23%
2015
$4,210
-2%
$127,200
—
2014
$4,293
—
$127,200
—
2013
$4,293
—
$127,200
—
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 171 Reynolds Ave
171 Reynolds Avenue, Providence, RI 02905 (MLS# 1397097) is a Apartment property with 15 bedrooms, 4 full bathrooms and 1 partial bathroom. 171 Reynolds Avenue is currently listed for $850,000 and was received on October 06, 2025. Want to learn more about 171 Reynolds Avenue? Do you have questions about finding other Apartment real estate for sale in Providence? You can browse all Providence real estate or contact a Coldwell Banker agent to request more information.

