$10,000

closing credit¹

36 Pratt St Providence, RI 02906

$2,200,000
11 beds
6 full
0.09 acres
Multi-Family

Property details

About 36 Pratt St

An exceptional investment opportunity in the heart of prestigious College Hill. This fully gut-renovated triplex features two spacious 4-bedroom, 2-bath units and one 3-bedroom, 2-bath unit, totaling 3,364 square feet of modern, high-demand living space. Each unit is turnkey, offering updated kitchens with stainless steel appliances, granite countertops, and functional workspace. Sleek bathrooms and in-unit laundry add tenant convenience. With separate utilities, individual mechanical systems, and dual egress for each unit, the property is fully fire-coded, ready for immediate income generation or effortless condo conversion. Outdoor spaces include private balconies, shared decks, and a common patio with western exposure and stunning city views. While there's no on-site parking, ample street parking is available. Steps from Brown, RISD, the train station, and Downtown Providence, the location ensures exceptional tenant appeal. Completely renovated in 2021 including a new roof, windows, decks, plumbing, electrical, and HVAC systems the property offers minimal maintenance and consistent cash flow, generating $130,800 annually with 0% vacancy. Its condo-conversion readiness provides a rare opportunity for significant resale value. Located near top universities and cultural landmarks, 36 Pratt Street is a high-performing, low-maintenance asset in one of Providence's most desirable neighborhoods a perfect portfolio addition.

Highlights

Home typeMulti Family
HeatingCentral, Forced Air, Natural Gas
StatusActive
CoolingCentral Air
BasementYes
Lot size0.09 Acres
Year built1900
ParkingNo Garage
MLS #1377460

Summary

  • MLS Number: 1377460
  • MLS Name: RIS
  • Office Name: Compass / Lila Delman Compass
  • Office Phone: (401) 269-3244

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: 2/10/2025, 3:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of home with a balcony

$2,200,000

36 Pratt St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 08, 2019
Home Sold
$450,000

Tax history

YearAssessmentProperty Tax
2024$891,300$16,355
2023$891,300$16,355
2022$891,300$15,865
2021$578,600$14,210
2020$578,600$14,210
2019$578,600$14,210

History based on county public records data.

Nearby schools

3

Martin Luther King Elementary School

Public District PK-5

0.3 mi

35 Camp St

6

Times2 Elementary School

Public Charter KG-6

0.8 mi

50 Fillmore St

2

Harry Kizirian Elementary School

Public District KG-5

1.0 mi

60 Camden Ave

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 $97,115. Residents of Providence, RI typically earn between $100k-200k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

26%
<35k
25%
35k-100k
29%
100k-200k
20%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

61%
Single, No Kids
2%
Single, with Kids
25%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
5%
12-17 yrs old
40%
18-34 yrs old
38%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Live TheatreLive Theatre
  • Hiking/backpackingHiking/backpacking
  • TennisTennis

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel
  • H&MH&M

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • StarbucksStarbucks
  • ChipotleChipotle

What do the neighbors drive?

  • MercedesMercedes
  • AudiAudi
  • BMWBMW

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

This home is located at 36 Pratt St in Providence, RI and zip code 02906 in the College Hill neighborhood. Features: 11 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since February 5, 2025 and is currently priced at $2,200,000.

While more than 31 listings in Providence, RI in January 2025 were sold above asking price, there were more than 8 listings sold at asking price, and more than 32 were sold below. The inventory of homes for sale in Providence, RI between December and January 2025 decreased by 4%. The median list price of listings available in January 2025 was $496,812, while the average time on the real estate market was 36 days.

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

More resources