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Property Description
Fully renovated 5-unit multifamily property comprised of two detached buildings on a single lot in the heart of Federal Hill. All five units have been updated, offering a turnkey investment with minimal deferred maintenance. Conveniently located near Atwells Avenue, downtown Providence, major highways, hospitals, and universities, this property is well positioned in one of the city's strongest rental markets with easy access to dining, shopping, and public transportation
Full Property Details
Full Property Details for 8 Marcello St
General
- Price: $1,050,000
- Taxes: $11,546 (2025)
- Status: Active
- Type: Commercial Multi-Family
- Source: STWMLS
- MLS ID: 1418682
- Updated: 7/24/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Residential
Interior
- Furnishings: Unfurnished
Rooms
Other Rooms
- Laundry: Common Area, In Unit
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)
Parking
- Total Spaces: 4
Location
- County: Providence
- Subdivision: Federal Hill
- Near Highway: Yes
Community
- Units Assoc/Comm: 5
Heating & Cooling
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected, Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Municipal Utilities, Water Connected, Sewer Connected
Structural Information
- # Buildings: 2
- Structure Type: Multi Family
- Detached/Attached: Attached
- Basement: Yes
- Basement Desc.: Full
- Stories/Levels: 2
- Building Size: 3164
- Finished Total: 3,164 Sq. Ft.
- Finished Above Grnd: 3,164 Sq. Ft.
- Year Built: 1920
Unit Information
- Vacancy %: 40
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,412
- Lot Size: 2412
- Frontage: City Street, Paved
- Sidewalks: Yes
- Potential Use: Multi-Family, Residential
Financial Considerations
- Tax Amount: $11,546
- Tax Year: 2025
- Owner Pays: Common Area Maintenance, Grounds Care, Snow Removal, Sewer, Taxes, Water
- Tenant Pays: Air Conditioning, Cable TV, Electricity, Gas, Heat, Hot Water
Disclosures and Reports
- Property ID: 810MARCELLOSTPROV
- Lot Number: 152
Listed by Lila Delman Compass
Get Pre-Approved Today
Schools
Schools serving 8 Marcello St
School District:Providence School District
| Name | Grades | Distance |
|---|---|---|
Asa Messer Elementary School 1655 Westminster Street, Providence, RI 02909 | K-5 | 0.6 mi |
William D'abate Elementary School 60 Kossuth Street, Providence, RI 02909 | K-5 | 0.8 mi |
Harry Kizirian Elementary School 60 Camden Avenue, Providence, RI 02908 | K-5 | 1 mi |
Nathanael Greene Middle School 721 Chalkstone Avenue, Providence, RI 02908 | 6-8 | 0.7 mi |
Gilbert Stuart Middle School 188 Princeton Avenue, Providence, RI 02907 | 6-8 | 1.3 mi |
Esek Hopkins Middle School 480 Charles Street, Providence, RI 02904 | 6-8 | 1.8 mi |
Central High School, Providence, RI 70 Fricker Street, Providence, RI 02903 | 9-12 | 0.7 mi |
Classical High School, Providence, RI 770 Westminster Street, Providence, RI 02903 | 9-12 | 0.8 mi |
Mount Pleasant High School 434 Mount Pleasant Avenue, Providence, RI 02908 | 9-12 | 1.5 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 8 Marcello St
Date
Details
Price
Change
Source
7/24/2026
Listed
$1,050,000
39.07%
MLS
4/01/2022
Sold
$755,000
—
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 8 Marcello St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,546
1%
$824,700
33%
2024
$11,394
38%
$620,900
38%
2023
$8,234
-16%
$448,700
-18%
2022
$9,770
21%
$548,900
66%
2021
$8,100
—
$329,800
—
2019
$8,100
24%
$329,800
61%
2018
$6,539
—
$204,600
—
2017
$6,539
—
$204,600
—
2016
$6,539
9%
$204,600
13%
2015
$5,998
-2%
$181,200
—
2014
$6,116
—
$181,200
—
2013
$6,116
—
$181,200
—
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 8 Marcello St
8 Marcello Street, Providence, RI 02919 (MLS# 1418682) is a Commercial Multi-Family property. 8 Marcello Street is currently listed for $1,050,000 and was received on July 24, 2026. Want to learn more about 8 Marcello Street? Do you have questions about finding other Commercial 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.

