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$699,900 -$50,000 (-6.67%) Price Reduced

  • For Sale
  • Active
  • Apartment
  • 12 Beds
  • 8 Full Baths
  • 0.22 Acres
  • Updated 3 days ago
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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. Renderings and plans are for illustrative and proposed purposes only. (Floor Plans available upon request)

Full Property Details for 544 Douglas Ave

General

  • Price: $699,900
  • Taxes: $20,688 (2025)
  • Status: Active
  • Type: Apartment
  • Source: STWMLS
  • MLS ID: 1404786
  • Updated: 3/27/2026
  • Added to Site: 47 day(s) ago

Interior

  • Number of Rooms: 26
  • Appliances: Water Heater
  • Flooring: Carpet, Laminate, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 8
  • Full Bathrooms: 8

Bedrooms

  • Total Bedrooms: 12

Parking

  • Total Spaces: 12
  • Parking Features: No Garage

Location

  • County: Providence
  • Subdivision: Elmhurst / Providence
  • Near Highway: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air Conditioning, Ductless
  • Heating Type: Ductless, Forced Air, Gas

Utilities

  • Sewer: Connected, Public Sewer
  • Water: Connected, Public
  • Utility Description: Sewer Connected

Structural Information

  • # Buildings: 2
  • Structure Type: Apartment
  • Detached/Attached: Detached
  • Construction: Drywall, Plaster, Wood Siding
  • Basement: Yes
  • Basement Desc.: Exterior Entry, Full, Finished, Interior Entry
  • 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

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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— 544 Douglas Ave —

  • Keller Williams Leading Edge

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 544 Douglas Ave

School District:Providence School District
NameGradesDistance
Veazie Street School
211 Veazie Street, Providence, RI 02904
K-50.5 mi
Harry Kizirian Elementary School
60 Camden Avenue, Providence, RI 02908
K-50.5 mi
Robert F. Kennedy El. School
195 Nelson Street, Providence, RI 02908
K-50.8 mi
Esek Hopkins Middle School
480 Charles Street, Providence, RI 02904
6-80.5 mi
Nathanael Greene Middle School
721 Chalkstone Avenue, Providence, RI 02908
6-80.7 mi
Nathan Bishop Middle School
101 Sessions Street, Providence, RI 02906
6-81.8 mi
Mount Pleasant High School
434 Mount Pleasant Avenue, Providence, RI 02908
9-121.3 mi
Hope High School
324 Hope Street, Providence, RI 02906
9-121.5 mi
Central High School, Providence, RI
70 Fricker Street, Providence, RI 02903
9-122 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 544 Douglas Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/27/2026
Price Reduced
$699,900
-6.67%
MLS
2/11/2026
Listed
$749,900
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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544 Douglas Avenue, Providence, RI 02908 (MLS# 1404786) is a Apartment property with 12 bedrooms and 8 full bathrooms. 544 Douglas Avenue is currently listed for $699,900 and was received on February 11, 2026. Want to learn more about 544 Douglas 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.

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