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$575,000

  • For Sale
  • Active
  • Multi-Family
  • 2 Units
  • 3 Total Beds
  • 0.12 Acres
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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

General

  • Price: $575,000
  • Taxes: $6,112 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: STWMLS
  • MLS ID: 1397231
  • Updated: 10/15/2025
  • Added to Site: 94 day(s) ago

Interior

  • Number of Rooms: 8
  • Interior Features: Attic, Bathtub, Interior Steps, Permanent Attic Stairs, Storage, Stall Shower, Tub Shower
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Appliances: Oven, Range, Refrigerator, Water Heater
  • Flooring: Ceramic Tile, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Common Area

Parking

  • Total Spaces: 4
  • Parking Features: No Garage

Location

  • County: Providence
  • Subdivision: Elmwood
  • Near Highway: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: 1 Unit
  • Heating Type: Gas, Hot Water

Utilities

  • Sewer: Connected
  • Water: Connected, Multiple Meters
  • Utility Description: Sewer Connected

Structural Information

  • # Buildings: 1
  • Detached/Attached: Detached
  • Construction: Drywall, Wood Siding
  • Basement: Yes
  • Basement Desc.: Full, Interior Entry, Unfinished
  • Stories/Levels: 3
  • Building Size: 2570
  • Finished Total: 2,570 Sq. Ft.
  • Finished Above Grnd: 2,570 Sq. Ft.
  • Year Built: 1925

Lot Features

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

Financial Considerations

  • Tax Amount: $6,112
  • Tax Year: 2025

Disclosures and Reports

  • Inclusions: Business is not included in the sale. Property being sold As-Is and exterior will not pass FHA financing.
  • Property ID: 217ELMWOODAVPROV
  • Lot Number: 697

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

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Listing agent

— 217 Elmwood Ave —

  • 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

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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/15/2025
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

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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NMLS#: 1598647

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

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217 Elmwood Avenue, Providence, RI 02907 (MLS# 1397231) is a Multi-Family property with 2 units containing 3 bedrooms and 2 full bathrooms. 217 Elmwood Avenue is currently listed for $575,000 and was received on October 15, 2025. Want to learn more about 217 Elmwood Avenue? Do you have questions about finding other 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.

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