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Property Description
LIVE. INVEST. OWN ON ATWELLS. A rare mixed-use opportunity in the heart of Federal Hill featuring two residential units plus commercial space along one of Providence's best-known corridors. The first floor is home to a long-standing salon that has operated at the property since 2007. The second and third floors each offer a bright two-bedroom apartment with an additional room ideal for a home office or walk-in closet. Both feature sun-filled living rooms, hardwood floors, original architectural details, and eat-in kitchens with adjoining galley areas. The second-floor apartment also features a beautifully renovated bathroom completed in April 2026. The third-floor apartment is currently vacant, offering flexibility for an owner-occupant or the ability to select a new tenant. Recent improvements by the current owners include a complete roof replacement in November 2023 and the renovated second-floor bathroom. The property also benefits from two newer boilers, an updated HVAC system, and newer exterior siding. With commercial and residential tenants already in place, plus additional income potential from the vacant third-floor unit, 423 Atwells presents a compelling opportunity for investors and owner-occupants alike. *Property has lead certs for all units.
Full Property Details
Full Property Details for 423 Atwells Ave
General
- Price: $899,000
- Taxes: $18,155 (2025)
- Status: Active
- Type: Commercial Residential Facility
- Source: STWMLS
- MLS ID: 1423625
- Updated: 9/17/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Barber/Beauty
Rental Information
- Lease Info: Gross
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Tennis: Yes
Location
- County: Providence
- Subdivision: Federal Hill
- Near Highway: Yes
Community
- Units Assoc/Comm: 3
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ductless
- Heating Type: Baseboard, Gas, Zoned
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Property Detached: Yes
- Architectural Style: Stacked
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Full
- Stories/Levels: 3
- Building Size: 3636
- Finished Total: 3,636 Sq. Ft.
- Finished Above Grnd: 3,636 Sq. Ft.
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.0517
- Lot Size (Sq. Ft.): 2,250
- Lot Size: 2250
- Sidewalks: Yes
- Potential Use: Multi-Family, Mixed Use, Residential, Retail
Financial Considerations
- Tax Amount: $18,155
- Tax Year: 2025
- Terms: Lease, Lease Option
- Owner Pays: Sewer, Water
- Tenant Pays: Electricity, Gas, Heat
Disclosures and Reports
- Property ID: 423ATWELLSAVPROV
- Lot Number: 591
Listed by Compass
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Schools
Schools serving 423 Atwells Ave
School District:Providence School District
| Name | Grades | Distance |
|---|---|---|
Asa Messer Elementary School 1655 Westminster Street, Providence, RI 02909 | K-5 | 0.6 mi |
William D'abate Elementary School 60 Kossuth Street, Providence, RI 02909 | K-5 | 0.8 mi |
Harry Kizirian Elementary School 60 Camden Avenue, Providence, RI 02908 | K-5 | 0.9 mi |
Nathanael Greene Middle School 721 Chalkstone Avenue, Providence, RI 02908 | 6-8 | 0.7 mi |
Gilbert Stuart Middle School 188 Princeton Avenue, Providence, RI 02907 | 6-8 | 1.4 mi |
Esek Hopkins Middle School 480 Charles Street, Providence, RI 02904 | 6-8 | 1.8 mi |
Central High School, Providence, RI 70 Fricker Street, Providence, RI 02903 | 9-12 | 0.7 mi |
Classical High School, Providence, RI 770 Westminster Street, Providence, RI 02903 | 9-12 | 0.8 mi |
Mount Pleasant High School 434 Mount Pleasant Avenue, Providence, RI 02908 | 9-12 | 1.5 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 423 Atwells Ave
Date
Details
Price
Change
Source
9/17/2026
Listed
$899,000
29.35%
MLS
11/14/2023
Sold
$695,000
—
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 423 Atwells Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,936
100%
$817,500
65%
2024
100%
$496,400
—
2023
-100%
$496,400
—
2022
$13,030
9%
$496,400
26%
2021
$11,979
—
$394,200
—
2019
$11,979
100%
$394,200
-6%
2018
100%
$421,100
—
2017
100%
$421,100
—
2016
100%
$421,100
1%
2015
100%
$416,500
—
2014
-100%
$416,500
—
2008
$9,186
—
$416,500
—
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 423 Atwells Ave
423 Atwells Avenue, Providence, RI 02909 (MLS# 1423625) is a Commercial Residential Facility property. 423 Atwells Avenue is currently listed for $899,000 and was received on September 17, 2026. Want to learn more about 423 Atwells Avenue? 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.

