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Property Description
Turnkey 7-unit compound with significant upside in a strong Providence rental market. The asset consists of a 6-unit main building featuring (6) one-bed, one-bath units with gas baseboard heat, plus a detached ~989 SF cottage offering a 2-bed, 1-bath layout with electric baseboard heat. Ownership has completed all major capital improvements, including upgraded boilers and hot water systems, minimizing near-term capex. The property is professionally managed and benefits from tenant-paid utilities, creating an efficient and predictable expense structure. Off-street parking adds to tenant appeal and retention. Current gross income is $98,448, with a pro forma of $111,600, driven by below-market rents, presenting a clear and immediate value-add opportunity. This is a stabilized, income-producing asset with operational upside ideal for investors seeking strong in-place cash flow with the ability to increase yield through rent growth.
Full Property Details
Full Property Details for 23 Whitehall St
General
- Price: $999,000
- Taxes: $12,324 (2025)
- Status: Active
- Type: Apartment
- Source: STWMLS
- MLS ID: 1409853
- Updated: 4/13/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Other
Interior
- Number of Rooms: 23
- Appliances: Gas Water Heater
- Flooring: Ceramic Tile, Laminate, Other
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 7
Bedrooms
- Total Bedrooms: 8
Parking
- Total Spaces: 6
- Parking Features: No Garage
Location
- County: Providence
- Near Highway: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Gas, Other
Utilities
- Sewer: Connected
- Water: Connected
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 2
- Architectural Style: Stacked, Side By Side
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Interior Entry, Unfinished
- Stories/Levels: 3
- Building Size: 4589
- Finished Total: 4,589 Sq. Ft.
- Finished Above Grnd: 4,589 Sq. Ft.
- Year Built: 1900
- Property Condition: Fixer
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227
- Lot Size: 5227
Financial Considerations
- Tax Amount: $12,324
- Tax Year: 2025
Disclosures and Reports
- Property ID: 23WHITEHALLSTPROV
- Lot Number: 278
Listed by Bond Brokerage
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Schools
Schools serving 23 Whitehall St
School District:Providence School District
| Name | Grades | Distance |
|---|---|---|
Webster Avenue School 191 Webster Avenue, Providence, RI 02909 | K-5 | 0.2 mi |
Frank D. Spaziano Elementary School 85 Laurel Hill Avenue, Providence, RI 02909 | 2-5 | 0.6 mi |
Frank D. Spaziano Annex Elementary School 240 Laban Street, Providence, RI 02909 | K-1 | 0.6 mi |
Gilbert Stuart Middle School 188 Princeton Avenue, Providence, RI 02907 | 6-8 | 1.1 mi |
Governor Christopher Delsesto Middle School 152 Springfield Street, Providence, RI 02909 | 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 | 1.3 mi |
Classical High School, Providence, RI 770 Westminster Street, Providence, RI 02903 | 9-12 | 1.4 mi |
Dr. Jorge Alvarez High School 375 Adelaide Avenue, Providence, RI 02907 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 23 Whitehall St
Date
Details
Price
Change
Source
4/13/2026
Listed
$999,000
9964.48%
MLS
3/06/2018
Sold
$9,926
—
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 23 Whitehall St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,324
97%
$474,000
39%
2024
$6,268
24%
$341,600
24%
2023
$5,052
-17%
$275,300
-19%
2022
$6,080
-29%
$341,600
47%
2021
$8,522
—
$232,200
—
2019
$8,522
30%
$232,200
13%
2018
$6,571
—
$205,600
—
2017
$6,571
-13%
$205,600
—
2016
$7,546
25%
$205,600
25%
2015
$6,034
—
$164,200
—
2014
$6,034
—
$164,200
—
2013
$6,034
—
$164,200
—
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 23 Whitehall St
23 Whitehall Street, Providence, RI 02909 (MLS# 1409853) is a Apartment property with 8 bedrooms and 7 full bathrooms. 23 Whitehall Street is currently listed for $999,000 and was received on April 13, 2026. Want to learn more about 23 Whitehall Street? 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.

