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$1,150,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 3 Units
  • 7 Total Beds
  • 0.13 Acres
  • Updated 4 hours ago
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Turnkey income producing 3 family investment! This well-maintained multi-family property offers strong income potential and long-term value. Major capital improvements already completed with a 2 1/2 yr old roof, and hard wired smoke detectors for code compliance. Each unit is spacious and thoughtfully designed with separate entrances, generous layouts, abundant natural light, and functional kitchens and living areas ideal for today's renters. In addition to the 3 units, there is also a first floor art studio with bath, and a second level office and flex space. The basement has plenty of storage, a workshop, and coin-op washer and dryer. The property also features a rare large, private fenced yard - an added bonus for tenants and owner occupied alike! Tenants enjoy convenient access to nearby shopping, dining, schools, and major transportation routes, making this a highly desirable location. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property presents a rare and versatile opportunity. The current owners have primarily chosen mid-term monthly rentals that have included utilities however each unit is separately metered proving flexibility. Taxes are based on owner occupied rate. Owners will sell fully furnished if desired.

Full Property Details for 56 Ivy St

General

  • Price: $1,150,000
  • Taxes: $6,731 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: STWMLS
  • MLS ID: 1403353
  • Updated: Today (1/21/2026)
  • Added to Site: Today

Interior

  • Number of Rooms: 18
  • Interior Features: Attic, Permanent Attic Stairs, Storage, Tub Shower, Furnished
  • Appliances: Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Furnished: Yes
  • Furnishings: Furnished
  • Flooring: Ceramic Tile, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 7

Other Rooms

  • Laundry: Common Area

Additional Information

  • Tennis: Yes

Parking

  • Total Spaces: 4
  • Parking Features: No Garage

Location

  • County: Providence
  • Subdivision: East Side
  • Near Highway: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Baseboard, Forced Air, Gas, Hydro Air, Steam

Utilities

  • Sewer: Connected
  • Water: Connected
  • Utility Description: Sewer Connected

Structural Information

  • # Buildings: 1
  • Architectural Style: Stacked
  • Detached/Attached: Detached
  • Construction: Plaster, Clapboard
  • Basement: Yes
  • Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
  • Stories/Levels: 3
  • Building Size: 3944
  • Finished Total: 3,944 Sq. Ft.
  • Finished Above Grnd: 3,944 Sq. Ft.
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.13
  • Lot Size (Sq. Ft.): 5,663
  • Lot Size: 5663
  • Fencing (Description): Fenced

Financial Considerations

  • Operating Expenses: $16,008.84
  • Tax Amount: $6,731.64
  • Tax Year: 2025

Disclosures and Reports

  • Inclusions: First floor entry chandelier does not convey.
  • Property ID: 56IVYSTPROV
  • Lot Number: 130

Listed by Mott & Chace Sotheby's Intl.

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Listing agent

— 56 Ivy St —

  • Mott & Chace Sotheby's Intl.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 56 Ivy St

School District:Providence School District
NameGradesDistance
Martin Luther King El. School
35 Camp Street, Providence, RI 02906
K-50.3 mi
Harry Kizirian Elementary School
60 Camden Avenue, Providence, RI 02908
K-51.4 mi
Vartan Gregorian El. School
455 Wickenden Street, Providence, RI 02903
PK-51.6 mi
Nathan Bishop Middle School
101 Sessions Street, Providence, RI 02906
6-80.4 mi
Esek Hopkins Middle School
480 Charles Street, Providence, RI 02904
6-81.1 mi
Nathanael Greene Middle School
721 Chalkstone Avenue, Providence, RI 02908
6-81.6 mi
Hope High School
324 Hope Street, Providence, RI 02906
9-120.5 mi
Central High School, Providence, RI
70 Fricker Street, Providence, RI 02903
9-122 mi
Classical High School, Providence, RI
770 Westminster Street, Providence, RI 02903
9-122 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 56 Ivy St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/21/2026
Listed
$1,150,000
86.69%
MLS
10/31/2025
Sold
$616,000
—
Public Record
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.

Tax History for 56 Ivy St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,231
-45%
$957,700
33%
2024
$13,214
—
$720,100
—
2023
$13,214
3%
$720,100
—
2022
$12,818
89%
$720,100
57%
2021
$6,767
—
$459,200
—
2019
$6,769
-51%
$459,200
7%
2018
$13,724
—
$429,400
—
2017
$13,724
—
$429,400
—
2016
$13,724
14%
$429,400
18%
2015
$12,052
-2%
$364,100
—
2014
$12,288
—
$364,100
—
2013
$12,288
—
$364,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Mott & Chace Sotheby's Intl.

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56 Ivy Street, Providence, RI 02906 (MLS# 1403353) is a Multi-Family property with 3 units containing 7 bedrooms and 4 full bathrooms. 56 Ivy Street is currently listed for $1,150,000 and was received on January 21, 2026. Want to learn more about 56 Ivy Street? 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.

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