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Property Description
INVESTORS THIS IS YOUR OPPORTUNITY!!! Located in the vibrant center of Providence, this well-positioned 6-bedroom, 3-bathroom property presents an exceptional opportunity for investors seeking strong rental potential and long-term value. Situated just minutes from downtown, major universities, hospitals, restaurants, and public transportation, the property benefits from consistent demand in one of the city's most desirable rental markets. Featuring a spacious layout with six generously sized bedrooms and three full bathrooms, the home offers flexibility for student housing, multi-tenant leasing, or a large-family rental. The property's attractive price point, combined with its highly sought-after location, makes it a compelling addition to any investment portfolio. Conveniently situated near downtown, universities, hospitals, shopping, dining, and public transportation, it benefits from strong rental demand and excellent accessibility. Whether you're looking to generate immediate cash flow or capitalize on Providence's continued growth and redevelopment, this property delivers the ideal combination of location, size, and investment potential. Opportunities like this in the heart of Providence are increasingly difficult to find making this a smart choice for both seasoned and first-time investors.
Full Property Details
Full Property Details for 555 Branch Ave
General
- Price: $599,000
- Taxes: $5,095 (2025)
- Status: Active
- Type: Multi-Family
- Source: STWMLS
- MLS ID: 1414324
- Updated: 6/24/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 15
- Interior Features: Attic, Tub Shower
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Masonry
- Appliances: Gas Water Heater
- Flooring: Ceramic Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Common Area
Additional Information
- Security/Safety: Security System Owned
Parking
- Total Spaces: 4
- Parking Features: No 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
- Architectural Style: Stacked
- Detached/Attached: Detached
- Construction: Wood Siding
- Basement: Yes
- Basement Desc.: Full, Interior Entry, Unfinished
- Stories/Levels: 0
- Building Size: 3592
- Finished Total: 3,592 Sq. Ft.
- Finished Above Grnd: 3,592 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.0643
- Lot Size (Sq. Ft.): 2,800
- Lot Size: 2800
Financial Considerations
- Tax Amount: $5,095
- Tax Year: 2025
Disclosures and Reports
- Property ID: 555BRANCHAVPROV
- Lot Number: 121
Listed by Ocean Blue Realty
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Schools
Schools serving 555 Branch 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 | 1 mi |
Robert F. Kennedy El. School 195 Nelson Street, Providence, RI 02908 | K-5 | 1.2 mi |
Esek Hopkins Middle School 480 Charles Street, Providence, RI 02904 | 6-8 | 0.3 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 | 1.7 mi |
Hope High School 324 Hope Street, Providence, RI 02906 | 9-12 | 1.6 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 555 Branch Ave
Date
Details
Price
Change
Source
6/24/2026
Listed
$599,000
130.38%
MLS
9/30/2020
Sold
$260,000
—
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 555 Branch Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,095
22%
$363,900
60%
2024
$4,169
—
$227,200
—
2023
$4,169
3%
$227,200
—
2022
$4,044
23%
$227,200
69%
2021
$3,296
—
$134,200
—
2019
$3,296
7%
$134,200
39%
2018
$3,087
—
$96,600
—
2017
$3,087
—
$96,600
—
2016
$3,087
6%
$96,600
10%
2015
$2,919
-2%
$88,200
—
2014
$2,977
—
$88,200
—
2013
$2,977
—
$88,200
—
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 555 Branch Ave
555 Branch Avenue, Providence, RI 02904 (MLS# 1414324) is a Multi-Family property with 3 units containing 6 bedrooms and 3 full bathrooms. 555 Branch Avenue is currently listed for $599,000 and was received on June 24, 2026. Want to learn more about 555 Branch 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.

