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$675,000

342 Academy Ave Providence, RI 02908

4 beds
2 full, 1 partial
0.1 acres
Multi-Family

Property details

About 342 Academy Ave

Commercial/Residential mixed-use building for sale! Perfect opportunity for investment or owner-occupy. Attractive building on a corner lot that has been well maintained. Great steady income producing property. Featuring 2 existing apartments & a 3rd level with expansion potential. Plenty of off street parking and separate utilities. Apartments are 2 bed 1 bath each with hardwood flooring and plenty of natural light. The sizable commercial storefront which is currently outfitted as a hair salon is ready to start doing business immediately. This property is clean, fresh and in turnkey condition throughout! A fantastic opportunity to own, live and generate income all in one location. Close proximity to all area shopping, restaurants, amenities, the interstate and downtown! PROPERTY SOLD "AS-IS" AND MAY NOT QUALIFY FOR ALL TYPES OF FINANCING Please Note: Sale is for the property only and does not include salon equipment which can be negotiated separately.

Highlights

Home typeMulti Family
HeatingNatural Gas
StatusActive
CoolingWindow Unit(s), Central Air
BasementYes
Lot size0.1035 Acres
Year built1900
ParkingNo Garage
MLS #1390122

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Laminate, Other, Vinyl
  • Interior: Attic
  • Fireplace: None
  • Total Bedroom Count: 4
  • Parking: No Garage
  • Heating: Natural Gas
  • Cooling: Window Unit(s), Central Air
  • List Price: $675,000
  • Annual Tax Amount: $9,253
  • Tax Year: 2022
  • Lot: Corner Lot
  • Year Built: 1900
  • Lot Size: 0.1035 Acres
  • MLS Number: 1390122
  • MLS Name: RIS
  • Office Name: Coldwell Banker Realty
  • Office Phone: (401) 351-2017

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/22/2025, 8:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$261,400$-
2023$261,400$-
2022$261,400$9,253
2021$203,200$7,457
2020$203,200$-
2019$203,200$-

History based on county public records data.

Nearby schools

4

George J. West Elementary School

Public District KG-5

0.4 mi

145 Beaufort St

6

Robert F. Kennedy Elementary School

Public District KG-5

0.6 mi

195 Nelson St

4

William D'Abate Elementary School

Public District KG-5

0.9 mi

60 Kossuth St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $45,042. The majority of Providence, RI residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

32%
<35k
41%
35k-100k
27%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

41%
Single, No Kids
24%
Single, with Kids
17%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
10%
12-17 yrs old
29%
18-34 yrs old
35%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • PopeyesPopeyes
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • NissanNissan
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 342 Academy Ave

The listing price of 342 Academy Ave property is $675,000.

The property 342 Academy Ave is a multi located in Providence, Rhode Island, 02908.

Active Listing: 342 Academy Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 342 Academy Ave are: George J. West Elementary School (GreatSchools Rating 4/10), Robert F. Kennedy Elementary School (GreatSchools Rating 6/10), William D'Abate Elementary School (GreatSchools Rating 4/10), Nathanael Greene Middle School (GreatSchools Rating 3/10), Paul Cuffee Middle School (GreatSchools Rating 4/10), West Broadway Middle School (GreatSchools Rating 2/10), Mount Pleasant High School (GreatSchools Rating 1/10), Times2 Middle/High School (GreatSchools Rating 4/10), E-Cubed Academy (GreatSchools Rating 3/10).

According to the records, the last property tax for 2022 is $9,253 (source: MLS/based on county public records data).

The year of construction for 342 Academy Ave is 1900.

This home is located at 342 Academy Ave in Providence, RI and zip code 02908 in the Mount Pleasant neighborhood. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 16, 2025 and is currently priced at $675,000.

While more than 65 listings in Providence, RI in June 2025 were sold above asking price, there were more than 31 listings sold at asking price, and more than 43 were sold below. The inventory of homes for sale in Providence, RI between May and June 2025 increased by 10.5%. In June 2025 median list price was $510,000 and the average listing age was 24 days.

From Rocket Homes Real Estate and based on county public records data.

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