$10,000

closing credit¹

38 Mawney St Providence, RI 02907

$875,000
1 bed
3 full
0.4 acres
Multi-Family

Property details

About 38 Mawney St

Investment Opportunity! Here's your chance to add to your portfolio or begin your investment journey. Originally the Edwin Turner mansion, this 1880 Italianate is an 8 unit building in the heart of historic Elmwood. The property is a mix of studio apartments, 2 room efficiencies and one bedroom units - each unit with its own mini-split system for heat and A/C. There is a third floor that has roughed rooms but has never been developed. This could be an opportunity to add an ADU. And then there's the land, and there's a lot of it. With an over 16,000 sq ft lot the new owner has potential to work with the City to explore future development. The property has long term tenants with 6 on a month to month lease and 2 on a yearly rotation. Please reach out to the listing agent for additional information. All showings will be arranged as group showings for ease to the tenants. This is one to see!

Highlights

Home typeMulti Family
HeatingElectric, Forced Air, Natural Gas, Other
StatusActive
CoolingDuctless, Single Unit
BasementYes
Lot size0.3846 Acres
Year built1900
ParkingNo Garage
MLS #1375132

Summary

  • MLS Number: 1375132
  • MLS Name: RIS
  • Office Name: Domain Properties
  • Office Phone: (401) 331-7100

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: 2/4/2025, 5:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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italianate house featuring a front yard

$875,000

38 Mawney St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 05, 2009
Home Sold
$89,000
Apr 25, 1996
Home Sold
$47,000

Tax history

YearAssessmentProperty Tax
2024$462,700$8,491
2023$462,700$8,491
2022$462,700$16,379
2021$307,400$11,281
2020$307,400$7,550
2019$307,400$7,550

History based on county public records data.

Nearby schools

3

Leviton Dual Language School

Public District KG-5

0.2 mi

65 Greenwich St

1

Alfred Lima Sr. Elementary School

Public District 2-5

0.2 mi

222 Daboll St

5

Robert L. Bailey Iv

Public District KG-5

0.5 mi

65 Gordon 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 $61,815. Most Providence, RI residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

32%
<35k
53%
35k-100k
16%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

52%
Single, No Kids
24%
Single, with Kids
12%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
11%
12-17 yrs old
30%
18-34 yrs old
38%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

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

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Boston MarketBoston Market
  • White CastleWhite Castle

What do the neighbors drive?

  • DodgeDodge
  • HondaHonda
  • KiaKia

What do the neighbors listen to?

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

Similar homes for sale

This home is located at 38 Mawney St in Providence, RI and zip code 02907 in the Elmwood neighborhood. Features: 1 bedroom, 3 bathrooms. It has been listed on Rocket Homes since December 28, 2024 and is currently priced at $875,000.

Providence, RI housing market in January 2025 saw over 31 listings sold above listed price, more than 8 sold at listed price and over 32 sold below. Between December and January 2025, Providence, RI real estate market has seen decrease in the number of listings by 4%. In January 2025, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $496,812.

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

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