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$2,175,000
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Property Description
Price Improvement! Rare 5-Unit Investor Opportunity l College Hill, Providence An exceptional chance to own five fully-leased condos in the heart of College Hill, one of Providence's most prestigious and high-demand neighborhoods. This turnkey portfolio offers consistent and reliable cash flow and walking distance to Brown, RISD, and Downtown Providence! There are also 3 available parking spots with this sale.
Full Property Details
Full Property Details for 178 Bowen St
General
- Price: $2,175,000
- HOA FEE: $2,500/month
- Taxes: $29,793 (2024)
- Status: Active
- Type: Commercial Residential Facility
- Source: STWMLS
- MLS ID: 1386302
- Updated: 11/11/2025
- Added to Site: 228 day(s) ago
Business
- Business Type: Real Estate
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Tennis: Yes
- Security/Safety: Fire Alarm
Location
- County: Providence
- Subdivision: College Hill
- Building Name: 178-184 Bowen Street
- Near Highway: Yes
Community
- Units Assoc/Comm: 5
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
Utilities
- Sewer: Connected
- Water: Connected
- Utility Description: Natural Gas Connected, Sewer Connected
Structural Information
- # Buildings: 1
- Structure Type: Apartment, Multi Family
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full
- Stories/Levels: 0
- Building Size: 7481
- Finished Total: 7,481 Sq. Ft.
- Finished Above Grnd: 7,481 Sq. Ft.
- Year Built: 1885
Lot Features
- Lot Size (Acres): 0.256
- Lot Size (Sq. Ft.): 11,151
- Lot Size: 11151
- Sidewalks: Yes
- Potential Use: Commercial, Investment, Multi-Family, Residential, Single Family
Financial Considerations
- Association Fee: $2,500
- Assoc Fee Freq.: Monthly
- Tax Amount: $29,793
- Tax Year: 2024
- Owner Pays: Association Fees, Common Area Maintenance, Pest Control, Snow Removal, Sewer, Taxes
Disclosures and Reports
- Property ID: 178-184BOWENSTPROV
- Lot Number: 389
Listed by Keller Williams Realty
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Schools
Schools serving 178 Bowen St
School District:Providence School District
| Name | Grades | Distance |
|---|---|---|
Martin Luther King El. School 35 Camp Street, Providence, RI 02906 | K-5 | 0.5 mi |
Vartan Gregorian El. School 455 Wickenden Street, Providence, RI 02903 | PK-5 | 0.9 mi |
Harry Kizirian Elementary School 60 Camden Avenue, Providence, RI 02908 | K-5 | 1.3 mi |
Nathan Bishop Middle School 101 Sessions Street, Providence, RI 02906 | 6-8 | 0.9 mi |
Nathanael Greene Middle School 721 Chalkstone Avenue, Providence, RI 02908 | 6-8 | 1.5 mi |
Esek Hopkins Middle School 480 Charles Street, Providence, RI 02904 | 6-8 | 1.5 mi |
Hope High School 324 Hope Street, Providence, RI 02906 | 9-12 | 0.3 mi |
Central High School, Providence, RI 70 Fricker Street, Providence, RI 02903 | 9-12 | 1.3 mi |
Classical High School, Providence, RI 770 Westminster Street, Providence, RI 02903 | 9-12 | 1.3 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 178 Bowen St
Date
Details
Price
Change
Source
11/11/2025
Price Reduced
$2,175,000
-14.54%
MLS
6/02/2025
Listed
$2,545,000
1294.52%
MLS
9/04/2015
Sold
$182,500
—
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 178 Bowen St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,345
4%
$503,100
30%
2024
$7,087
—
$386,200
—
2023
$7,087
3%
$386,200
—
2022
$6,874
11%
$386,200
54%
2021
$6,172
—
$251,300
—
2020
$6,172
—
$251,300
—
2019
$6,172
-23%
$251,300
—
2018
$7,996
—
$250,200
—
2017
$7,996
—
$250,200
—
2016
$7,996
2%
$250,200
6%
2015
$7,835
-2%
$236,700
—
2014
$7,989
—
$236,700
—
2013
$7,989
—
$236,700
—
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 178 Bowen St
178 Bowen Street, Providence, RI 02906 (MLS# 1386302) is a Commercial Residential Facility property. 178 Bowen Street is currently listed for $2,175,000 and was received on June 02, 2025. Want to learn more about 178 Bowen Street? Do you have questions about finding other Commercial Residential Facility real estate for sale in Providence? You can browse all Providence real estate or contact a Coldwell Banker agent to request more information.

