Date
Details
Price
Change
Source
5/04/2026
Listed
$899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/46
$899,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/46
Property Description
Positioned in one of the East Side's most desirable and consistently high-demand rental corridors, 87 Hope Street presents a compelling opportunity for investors seeking stable income and long-term appreciation. This legal two-family property with an additional in-law apartment on the third floor offers excellent flexibility and income potential. Close proximity to Brown University, RISD, Miriam Hospital, and downtown Providence, drives strong, year-round tenant demand. The building features a versatile layout ideal for rental optimization, whether configured for multi-family income, student housing, or premium long-term tenants. Classic architectural details, including high ceilings, original moldings, and hardwood floors combine with bright interiors and replacement windows to create an appealing living environment. Additional highlights include a fenced-in yard and off-street parking, further enhancing tenant desirability. Existing updates provide a solid foundation for immediate occupancy, with opportunities for value-add improvements to maximize returns. Situated along the vibrant Hope Street corridor, tenants will enjoy walkable access to caf s, restaurants, and neighborhood retail supporting strong rent potential and retention. This property offers both immediate cash flow potential and long-term upside in a blue-chip East Side location.
Full Property Details
Full Property Details for 87 Hope St
General
- Price: $899,000
- Taxes: $7,152 (2025)
- Status: Active
- Type: Multi-Family
- Source: STWMLS
- MLS ID: 1406750
- Updated: 5/13/2026
- Added to Site: 11 day(s) ago
Interior
- Number of Rooms: 16
- Interior Features: Interior Steps, Tub Shower
- Fireplace: Yes
- Number of Fireplaces: 4
- Fireplace(s): Masonry
- Appliances: Gas Water Heater
- Flooring: Ceramic Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
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: Fox Point
- Near Highway: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: 1 Unit
- Heating Type: Gas, Steam
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected, Public
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Architectural Style: Stacked
- Detached/Attached: Detached
- Construction: Drywall, Plaster, Clapboard, Wood Siding
- Basement: Yes
- Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
- Stories/Levels: 3
- Building Size: 3421
- Finished Total: 3,421 Sq. Ft.
- Finished Above Grnd: 3,421 Sq. Ft.
- Year Built: 1875
Lot Features
- Lot Size (Acres): 0.0712
- Lot Size (Sq. Ft.): 3,100
- Lot Size: 3100
- Sidewalks: Yes
Financial Considerations
- Tax Amount: $7,152
- Tax Year: 2025
Disclosures and Reports
- Inclusions: No leases in place, month to month tenancy, tenants looking to remain through school year and/or extend if possible. Legal 2 unit, Unit 3 is owners unit and will be vacated prior to close.
- Property ID: 87HOPESTPROV
- Lot Number: 151
Listed by Compass
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 87 Hope St —
Compass
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 87 Hope St
School District:Providence School District
| Name | Grades | Distance |
|---|---|---|
Vartan Gregorian El. School 455 Wickenden Street, Providence, RI 02903 | PK-5 | 0.2 mi |
Martin Luther King El. School 35 Camp Street, Providence, RI 02906 | K-5 | 1.2 mi |
Mary E. Fogarty El. School 199 Oxford Street, Providence, RI 02905 | K-5 | 1.5 mi |
Nathan Bishop Middle School 101 Sessions Street, Providence, RI 02906 | 6-8 | 1.3 mi |
Roger Williams Middle School 278 Thurbers Avenue, Providence, RI 02905 | 6-8 | 1.8 mi |
Nathanael Greene Middle School 721 Chalkstone Avenue, Providence, RI 02908 | 6-8 | 2 mi |
Hope High School 324 Hope Street, Providence, RI 02906 | 9-12 | 1 mi |
Central High School, Providence, RI 70 Fricker Street, Providence, RI 02903 | 9-12 | 1.3 mi |
Classical High School, Providence, RI 770 Westminster Street, Providence, RI 02903 | 9-12 | 1.3 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 87 Hope St
Estimate the Cost
Estimate the Cost for 87 Hope St
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Multi-Family
- Active
- Updated 12 days ago
- 2Units
- 6Total Beds
- 0.1046Acres
- Multi-Family
- Active
- Updated 6 days ago
- 2Units
- 8Total Beds
- 0.0986Acres
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 3 days ago
- 2Beds
- 1Total Bath
- 1,462Sq. Ft.
Listed by Robert Sam Barchi (508) 336-4745
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,722Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 2Total Baths
- 2,321Sq. Ft.
- Single Family
- Active
- Updated 9 hours ago
- 4Beds
- 2Total Baths
- 2,160Sq. Ft.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 1Total Bath
- 1,028Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 2Beds
- 1Total Bath
- 720Sq. Ft.
- Single Family
- Active
- Updated 1 hour ago
- 3Beds
- 3Total Baths
- 2,012Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 2,341Sq. Ft.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
87 Hope Street, Providence, RI 02906 (MLS# 1406750) is a Multi-Family property with 3 units containing 7 bedrooms and 3 full bathrooms. 87 Hope Street is currently listed for $899,000 and was received on May 04, 2026. Want to learn more about 87 Hope 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.