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$529,000 -$46,000 (-8%) Price Reduced

  • For Sale
  • Active
  • Commercial
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Elmwood Residential/Commercial Multi-family in prime location. Excellent investment opportunity with this mixed-use property with very high traffic count. Located on a corner lot creates high visibility. Desirable location with easy access to shopping, downtown, interstate and airport. First floor offers a bright and meticulously kept commercial space and front porch - Could also be a residential apartment. The second floor consists of a 2 bedroom stylish apartment with great additional square footage potential (expand to third floor to create a chic townhouse). Replacement windows, artisan hardwoods & period charm. Laundry in basement. Long-term tenants at will. Rents are markedly below current demand. Off- street parking. Property will convey in As-Is condition. Sale is for property only. Schedule your private showing today

Full Property Details for 217 Elmwood Ave #2

General

  • Price: $529,000
  • Taxes: $6,112 (2025)
  • Status: Active
  • Type: Commercial
  • Source: STWMLS
  • MLS ID: 1404147
  • Updated: 3/5/2026
  • Added to Site: 29 day(s) ago

Business

  • Business Type: Mixed

Rooms

Other Rooms

  • Laundry: Laundry Room

Additional Information

  • Security/Safety: Carbon Monoxide Detector(s)

Parking

  • Total Spaces: 4

Location

  • County: Providence
  • Subdivision: Elmwood

Community

  • Units Assoc/Comm: 2

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: 1 Unit

Utilities

  • Sewer: Connected, Public Sewer
  • Utility Description: Sewer Connected

Structural Information

  • # Buildings: 1
  • Detached/Attached: Detached
  • Construction: Brick
  • Basement: Yes
  • Basement Desc.: Full
  • Stories/Levels: 0
  • Building Size: 2570
  • Finished Total: 2,570 Sq. Ft.
  • Finished Above Grnd: 2,570 Sq. Ft.
  • Year Built: 1925
  • Other Struct. Feat.: Public Restrooms

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,227
  • Lot Size: 5227
  • Sidewalks: Yes
  • Lot Features: Corner Lot

Financial Considerations

  • Tax Amount: $6,112
  • Tax Year: 2025
  • Owner Pays: Common Area Maintenance, Exterior Maintenance, Roof Maintenance, Sewer, Taxes
  • Tenant Pays: Electricity

Disclosures and Reports

  • Property ID: 217ELMWOODAV2PROV
  • Lot Number: 697

Listed by Peter M. Scotti & Assoc.,Inc.

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Listing agent

— 217 Elmwood Ave #2 —

  • Peter M. Scotti & Assoc.,Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 217 Elmwood Ave #2

School District:Providence School District
NameGradesDistance
Alfred Lima Sr. El School
222 Daboll Street, Providence, RI 02907
2-50.3 mi
Charles N. Fortes Elementary School
234 Daboll Street, Providence, RI 02907
PK-10.3 mi
Leviton Dual Language School
65 Greenwich Street, Providence, RI 02907
K-50.4 mi
Gilbert Stuart Middle School
188 Princeton Avenue, Providence, RI 02907
6-80.2 mi
Roger Williams Middle School
278 Thurbers Avenue, Providence, RI 02905
6-80.9 mi
Nathanael Greene Middle School
721 Chalkstone Avenue, Providence, RI 02908
6-81.9 mi
Central High School, Providence, RI
70 Fricker Street, Providence, RI 02903
9-120.7 mi
Classical High School, Providence, RI
770 Westminster Street, Providence, RI 02903
9-120.7 mi
Dr. Jorge Alvarez High School
375 Adelaide Avenue, Providence, RI 02907
9-120.8 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 217 Elmwood Ave #2 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/05/2026
Price Reduced
$529,000
-8%
MLS
2/04/2026
Listed
$575,000
771.21%
MLS
11/21/1997
Sold
$66,000
—
Public Record
Get Price Alerts and Save Property
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 for 217 Elmwood Ave #2

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,112
17%
$436,600
53%
2024
$5,239
—
$285,500
—
2023
$5,239
3%
$285,500
—
2022
$5,082
28%
$285,500
76%
2021
$3,976
—
$161,900
—
2019
$3,976
3%
$161,900
34%
2018
$3,864
—
$120,900
—
2017
$3,864
—
$120,900
—
2016
$3,864
-2%
$120,900
1%
2015
$3,946
-2%
$119,200
—
2014
$4,023
—
$119,200
—
2013
$4,023
—
$119,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Peter M. Scotti & Assoc.,Inc.

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217 Elmwood Avenue #2, Providence, RI 02907 (MLS# 1404147) is a Commercial property. 217 Elmwood Avenue #2 is currently listed for $529,000 and was received on February 04, 2026. Want to learn more about 217 Elmwood Avenue #2? Do you have questions about finding other Commercial real estate for sale in Providence? You can browse all Providence real estate or contact a Coldwell Banker agent to request more information.

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