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$366,000
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Property Description
Opportunity is knocking at 507 Academy Ave in Providence's desirable Elmhurst neighborhood! This 4-bedroom, 1.5-bath home offers incredible value with strong bones and endless upside a little TLC can go a long way. Zoned R-3, presenting prime potential for investors including possible multi-family conversion or ADU addition (buyer to perform due diligence). The existing layout and garage offer flexibility for expansion and increased rental income. Located just minutes from downtown Providence, major highways, and within walking distance to Providence College, Rhode Island College, and La Salle Academy. Whether you're an investor looking for your next value-add project or an owner-occupant ready to build equity, this is your chance to secure a property with serious upside. Priced to sell don't miss out! Will not pass FHA. Schedule your viewing today!
Full Property Details
Full Property Details for 507 Academy Ave
General
- Sold For: $366,000
- Taxes: $5,193 (2025)
- Status: Closed
- Type: Single Family
- Source: STWMLS
- MLS ID: 1407187
- Added to Site: 106 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Attic, Interior Steps, Permanent Attic Stairs, Tub Shower
- Fireplace(s): None
- Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
- Flooring: Hardwood, Other, Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Paved Driveway
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Total Spaces: 5
- Parking Features: Detached, Garage
Location
- County: Providence
- Subdivision: Elmhurst
- Near Highway: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Gas, Steam
Utilities
- Sewer: Connected
- Water: Public
- Utility Description: Sewer Connected
Structural Information
- Architectural Style: Colonial
- Detached/Attached: Detached
- Construction: Drywall, Wood Siding, Shingle Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Stories/Levels: 2
- Building Size: 1245
- Square Feet: 1,245
- Living Area: 1,245 Sq. Ft.
- Finished Total: 1,245 Sq. Ft.
- Finished Above Grnd: 1,245 Sq. Ft.
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,663
- Lot Size: 5663
- Fencing (Description): Fenced
Financial Considerations
- Tax Amount: $5,193.24
- Tax Year: 2025
Disclosures and Reports
- Property ID: 507ACADEMYAVPROV
- Lot Number: 8
Listed by Innovations Realty
Sold by Century 21 Limitless
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Schools
Schools serving 507 Academy Ave
School District:Providence School District
| Name | Grades | Distance |
|---|---|---|
Robert F. Kennedy El. School 195 Nelson Street, Providence, RI 02908 | K-5 | 0.3 mi |
George J. West El. School 145 Beaufort Street, Providence, RI 02908 | K-5 | 0.6 mi |
Pleasant View School 50 Obadiah Brown Road, Providence, RI 02909 | PK-5 | 0.9 mi |
Nathanael Greene Middle School 721 Chalkstone Avenue, Providence, RI 02908 | 6-8 | 0.7 mi |
Esek Hopkins Middle School 480 Charles Street, Providence, RI 02904 | 6-8 | 1.4 mi |
Governor Christopher Delsesto Middle School 152 Springfield Street, Providence, RI 02909 | 6-8 | 1.8 mi |
Mount Pleasant High School 434 Mount Pleasant Avenue, Providence, RI 02908 | 9-12 | 0.4 mi |
Central High School, Providence, RI 70 Fricker Street, Providence, RI 02903 | 9-12 | 1.9 mi |
Classical High School, Providence, RI 770 Westminster Street, Providence, RI 02903 | 9-12 | 2 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 507 Academy Ave
Date
Details
Price
Change
Source
5/19/2026
Sold
$366,000
4.6%
MLS
3/23/2026
Listed
$349,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
507 Academy Avenue, Providence, RI 02908 (MLS# 1407187) is a Single Family property that was sold at $366,000 on May 19, 2026. Want to learn more about 507 Academy Avenue? Do you have questions about finding other Single Family real estate for sale in Providence? You can browse all Providence real estate or contact a Coldwell Banker agent to request more information.

