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$599,900
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Property Description
This well-maintained 4-unit multifamily offers a fantastic mix of layouts, featuring two 1-bedroom apartments and two 3-bedroom apartments. Each unit is generously sized, providing comfortable living space for tenants. The property is set on a good-sized lot with plenty of off-street parking to accomodate residents and guests with ease. Ideal for both investors seeking strong rental income and owner-occupants looking to offset living costs, this property blends functionality, convenience, and long-term value. Subject to 1031 exchange.
Full Property Details
Full Property Details for 53 Fairmount Ave
General
- Price: $599,900
- Taxes: $8,478 (2025)
- Status: Active
- Type: Multi-Family
- Source: STWMLS
- MLS ID: 1397895
- Updated: 1/10/2026
- Added to Site: 92 day(s) ago
Interior
- Number of Rooms: 18
- Interior Features: Tub Shower
- Appliances: Gas Water Heater, Refrigerator
- Flooring: Ceramic Tile, Laminate, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Additional Information
- Tennis: Yes
Exterior
- Exterior Features: Paved Driveway
Parking
- Total Spaces: 6
- Parking Features: No Garage
Location
- County: Providence
- Subdivision: Mt Pleasant
- Near Highway: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Central, Gas
Utilities
- Sewer: Connected
- Water: Connected
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Architectural Style: Stacked
- Detached/Attached: Detached
- Construction: Plaster, Aluminum Siding, Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Interior Entry, Unfinished
- Stories/Levels: 3
- Building Size: 2340
- Finished Total: 2,340 Sq. Ft.
- Finished Above Grnd: 2,340 Sq. Ft.
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,049
- Lot Size: 3049
- Lot Features: Paved
Financial Considerations
- Tax Amount: $8,478
- Tax Year: 2025
Disclosures and Reports
- Property ID: 5355FAIRMOUNTAVPROV
- Lot Number: 400
Listed by RE/MAX Properties
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Schools
Schools serving 53 Fairmount Ave
School District:Providence School District
| Name | Grades | Distance |
|---|---|---|
George J. West El. School 145 Beaufort Street, Providence, RI 02908 | K-5 | 0.3 mi |
William D'abate Elementary School 60 Kossuth Street, Providence, RI 02909 | K-5 | 0.3 mi |
Frank D. Spaziano Elementary School 85 Laurel Hill Avenue, Providence, RI 02909 | 2-5 | 0.8 mi |
Governor Christopher Delsesto Middle School 152 Springfield Street, Providence, RI 02909 | 6-8 | 1 mi |
Nathanael Greene Middle School 721 Chalkstone Avenue, Providence, RI 02908 | 6-8 | 1.1 mi |
Gilbert Stuart Middle School 188 Princeton Avenue, Providence, RI 02907 | 6-8 | 1.9 mi |
Mount Pleasant High School 434 Mount Pleasant Avenue, Providence, RI 02908 | 9-12 | 0.9 mi |
Central High School, Providence, RI 70 Fricker Street, Providence, RI 02903 | 9-12 | 1.6 mi |
Classical High School, Providence, RI 770 Westminster Street, Providence, RI 02903 | 9-12 | 1.7 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 53 Fairmount Ave
Date
Details
Price
Change
Source
10/16/2025
Listed
$599,900
34.81%
MLS
5/06/2022
Sold
$445,000
—
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 53 Fairmount Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,468
16%
$462,000
51%
2024
$5,599
—
$305,100
—
2023
$5,599
3%
$305,100
—
2022
$5,431
16%
$305,100
61%
2021
$4,662
—
$189,800
—
2019
$4,662
-7%
$189,800
21%
2018
$5,011
—
$156,800
—
2017
$5,011
—
$156,800
—
2016
$5,011
35%
$156,800
40%
2015
$3,701
-2%
$111,800
—
2014
$3,773
—
$111,800
—
2013
$3,773
—
$111,800
—
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 53 Fairmount Ave
53 Fairmount Avenue, Providence, RI 02908 (MLS# 1397895) is a Multi-Family property with 4 units containing 8 bedrooms and 4 full bathrooms. 53 Fairmount Avenue is currently listed for $599,900 and was received on October 16, 2025. Want to learn more about 53 Fairmount 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.

