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$500,000
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Property Description
This charming two-family home offers a fantastic opportunity for both investors and owner-occupants. This well-maintained property features two spacious units with high ceilings and tons of natural light. The first floor features two bedrooms, one and a half baths. The second unit features two bedrooms, one bath. In addition, this second unit also has a town-house style with two flex rooms upstairs that can be used for many different purposes an office, a den, a playroom, the possibilities are endless! The home sits on a 3,049 sq. ft. lot in a convenient location close to local shops, restaurants, and easy highway access to both 95 and 146. This is ideally situated at just a 50 minute drive to Boston. While they will need a little love, the carport and detached garage prove a valuable feature in this area, though there is also off street parking available. Whether you're looking to generate rental income or live in one unit while renting the other, this multi-family home is a great investment. To top everything off (from the bottom) you have a full basement with three separate storage rooms ready to help organize and delineate. Don't miss your chance to own a move-in ready investment property that is conveniently located to just about anything you could need!
Full Property Details
Full Property Details for 497 Branch Ave
General
- Sold For: $500,000
- Taxes: $4,391 (2024)
- Status: Closed
- Type: Apartment
- Source: STWMLS
- MLS ID: 1379009
- Added to Site: 327 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: Attic, Permanent Attic Stairs, Storage, Tub Shower
- Fireplace(s): None
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Common Area
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Total Spaces: 5
- Parking Features: Detached, Garage
Location
- County: Providence
- Near Highway: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Gas
Utilities
- Sewer: Connected
- Water: Connected
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Plaster, Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Interior Entry, Unfinished
- Stories/Levels: 2
- Building Size: 3021
- Finished Total: 3,021 Sq. Ft.
- Finished Above Grnd: 3,021 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.0735
- Lot Size (Sq. Ft.): 3,200
- Lot Size: 3200
Financial Considerations
- Tax Amount: $4,391
- Tax Year: 2024
- Tenant Pays: Hot Water
Disclosures and Reports
- Property ID: 497BRANCHAVPROV
- Lot Number: 135
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Schools
Schools serving 497 Branch Ave
School District:Providence School District
| Name | Grades | Distance |
|---|---|---|
Veazie Street School 211 Veazie Street, Providence, RI 02904 | K-5 | 0.6 mi |
Harry Kizirian Elementary School 60 Camden Avenue, Providence, RI 02908 | K-5 | 1 mi |
Martin Luther King El. School 35 Camp Street, Providence, RI 02906 | K-5 | 1.3 mi |
Esek Hopkins Middle School 480 Charles Street, Providence, RI 02904 | 6-8 | 0.2 mi |
Nathanael Greene Middle School 721 Chalkstone Avenue, Providence, RI 02908 | 6-8 | 1.3 mi |
Nathan Bishop Middle School 101 Sessions Street, Providence, RI 02906 | 6-8 | 1.6 mi |
Hope High School 324 Hope Street, Providence, RI 02906 | 9-12 | 1.5 mi |
Mount Pleasant High School 434 Mount Pleasant Avenue, Providence, RI 02908 | 9-12 | 1.8 mi |
Central High School, Providence, RI 70 Fricker Street, Providence, RI 02903 | 9-12 | 2.4 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 497 Branch Ave
Date
Details
Price
Change
Source
5/21/2025
Sold
$500,000
2.06%
MLS
3/27/2025
Price Reduced
$489,900
-2%
MLS
2/28/2025
Listed
$499,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
497 Branch Avenue, Providence, RI 02904 (MLS# 1379009) is a Apartment property that was sold at $500,000 on May 21, 2025. This property was listed by The Fooks Team from our East Greenwich Office.Want to learn more about 497 Branch Avenue? 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.

