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$849,000

  • For Sale
  • Active
  • Multi-Family
  • 3 Units
  • 4 Total Beds
  • 0.0345 Acres
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Introducing 86 Transit Street, a two-family investment opportunity in the heart of Providence's East Side, just steps from Brown University and RISD. This versatile property includes a finished bonus space, offering additional flexibility for investors or owner-occupants alike. Recent capital improvements include a new Utica direct-vent condensing gas heating system (January 2026) and a new hot water tank (2025), providing efficiency and peace of mind. The property features shared laundry and 2-3 off-street parking spaces. With strong rental demand driven by its prime location, 86 Transit Street is well-suited for owner-occupants, traditional rentals, or potential short-term rental use. A savvy buyer may also explore the potential to convert the bonus space into an accessory dwelling unit, creating additional value. The property can be delivered vacant at closing.

Full Property Details for 86 Transit St

General

  • Price: $849,000
  • Taxes: $12,847 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: STWMLS
  • MLS ID: 1413023
  • Updated: 5/19/2026
  • Added to Site: 51 day(s) ago

Interior

  • Number of Rooms: 10
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Appliances: Electric Water Heater
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Common Area

Parking

  • Total Spaces: 2
  • Parking Features: No Garage

Location

  • County: Providence

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Baseboard, Gas, Hot Water

Utilities

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

Structural Information

  • # Buildings: 1
  • Architectural Style: Stacked
  • Detached/Attached: Detached
  • Construction: Clapboard
  • Basement: Yes
  • Basement Desc.: Full, Finished, Interior Entry
  • Stories/Levels: 0
  • Building Size: 2672
  • Finished Total: 2,672 Sq. Ft.
  • Finished Above Grnd: 2,672 Sq. Ft.
  • Year Built: 1800

Lot Features

  • Lot Size (Acres): 0.0345
  • Lot Size (Sq. Ft.): 1,504
  • Lot Size: 1504

Financial Considerations

  • Tax Amount: $12,847.8
  • Tax Year: 2025

Disclosures and Reports

  • Property ID: 86TRANSITSTPROV
  • Lot Number: 544

Listed by William Raveis Inspire

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Listing agent

— 86 Transit St —

  • William Raveis Inspire

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 86 Transit St

School District:Providence School District
NameGradesDistance
Vartan Gregorian El. School
455 Wickenden Street, Providence, RI 02903
PK-50.4 mi
Martin Luther King El. School
35 Camp Street, Providence, RI 02906
K-51.2 mi
Mary E. Fogarty El. School
199 Oxford Street, Providence, RI 02905
K-51.3 mi
Nathan Bishop Middle School
101 Sessions Street, Providence, RI 02906
6-81.4 mi
Roger Williams Middle School
278 Thurbers Avenue, Providence, RI 02905
6-81.6 mi
Gilbert Stuart Middle School
188 Princeton Avenue, Providence, RI 02907
6-81.7 mi
Classical High School, Providence, RI
770 Westminster Street, Providence, RI 02903
9-121 mi
Hope High School
324 Hope Street, Providence, RI 02906
9-121 mi
Central High School, Providence, RI
70 Fricker Street, Providence, RI 02903
9-121.1 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 86 Transit St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/19/2026
Listed
$849,000
92.95%
MLS
3/30/2018
Sold
$440,000
—
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 86 Transit St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,848
10%
$917,700
45%
2024
$11,639
—
$634,300
—
2023
$11,639
3%
$634,300
—
2022
$11,291
10%
$634,300
51%
2021
$10,293
—
$419,100
—
2019
$10,293
-10%
$419,100
17%
2018
$11,458
—
$358,500
—
2017
$11,458
—
$358,500
—
2016
$11,458
28%
$358,500
33%
2015
$8,944
-2%
$270,200
—
2014
$9,119
—
$270,200
—
2013
$9,119
—
$270,200
—
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 William Raveis Inspire

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86 Transit Street, Providence, RI 02906 (MLS# 1413023) is a Multi-Family property with 3 units containing 4 bedrooms and 3 full bathrooms. 86 Transit Street is currently listed for $849,000 and was received on May 19, 2026. Want to learn more about 86 Transit 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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