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$749,900 Just Listed
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Property Description
Exceptional development opportunity on Douglas Ave with significant income potential, consisting of two buildings in a prime Providence location, just steps from Providence College. This property is currently used as professional offices, previously used as apartments. Best use of the property would be a residential apartment conversion, consisting of 7-9 units. The zoning is C2 and offers excellent flexibility for other uses, such as condo conversion or mixed use. Rents in the area are very strong, making a return to residences here a lucrative possibility. Both buildings have updated fire systems, including sprinkler system and fire alarm panels. On-site paved lot for approximately 12 vehicles adds significant value as parking in the area is difficult to find. Located near downtown Providence, I-95, and Smith Hill amenities, this property offers strong long-term potential in a high-demand corridor. (Floor Plans available upon request)
Full Property Details
Full Property Details for 544 Douglas Ave
General
- Price: $749,900
- Taxes: $20,688 (2025)
- Status: Active
- Type: Office
- Source: STWMLS
- MLS ID: 1404783
- Updated: 2/11/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Accounting, Administrative and Support, Professional
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s)
Parking
- Total Spaces: 12
Location
- County: Providence
- Subdivision: Elmhurst / Providence College
- Near Highway: Yes
Community
- Units Assoc/Comm: 29
Utilities
- Sewer: Connected
- Water: Connected
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 2
- Property Detached: Yes
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Frame
- Stories/Levels: 3
- Building Size: 7936
- Finished Total: 7,936 Sq. Ft.
- Finished Above Grnd: 7,936 Sq. Ft.
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,583
- Lot Size: 9583
- Frontage: City Street
- Potential Use: Commercial, Investment, Multi-Family, Office
Financial Considerations
- Tax Amount: $20,688
- Tax Year: 2025
Disclosures and Reports
- Property ID: 544DOUGLASAVPROV
- Lot Number: 106
Listed by Keller Williams Leading Edge
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Schools
Schools serving 544 Douglas Ave
School District:Providence School District
| Name | Grades | Distance |
|---|---|---|
Veazie Street School 211 Veazie Street, Providence, RI 02904 | K-5 | 0.5 mi |
Harry Kizirian Elementary School 60 Camden Avenue, Providence, RI 02908 | K-5 | 0.5 mi |
Robert F. Kennedy El. School 195 Nelson Street, Providence, RI 02908 | K-5 | 0.8 mi |
Esek Hopkins Middle School 480 Charles Street, Providence, RI 02904 | 6-8 | 0.5 mi |
Nathanael Greene Middle School 721 Chalkstone Avenue, Providence, RI 02908 | 6-8 | 0.7 mi |
Nathan Bishop Middle School 101 Sessions Street, Providence, RI 02906 | 6-8 | 1.8 mi |
Mount Pleasant High School 434 Mount Pleasant Avenue, Providence, RI 02908 | 9-12 | 1.3 mi |
Hope High School 324 Hope Street, Providence, RI 02906 | 9-12 | 1.5 mi |
Central High School, Providence, RI 70 Fricker Street, Providence, RI 02903 | 9-12 | 2 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 544 Douglas Ave
Date
Details
Price
Change
Source
2/11/2026
Listed
$749,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 544 Douglas Ave
544 Douglas Avenue, Providence, RI 02908 (MLS# 1404783) is a Office property. 544 Douglas Avenue is currently listed for $749,900 and was received on February 11, 2026. Want to learn more about 544 Douglas Avenue? Do you have questions about finding other Office real estate for sale in Providence? You can browse all Providence real estate or contact a Coldwell Banker agent to request more information.

