$849,900

45 Cypress St Providence, RI 02906

$10,000
Closing credit¹
7 beds
3 full
0.1 acres
Multi-Family

Property details

About 45 Cypress St

Nestled in the highly sought-after Mt. Hope neighborhood, this oversized Victorian presents a rare opportunity with three spacious units and is included with lot 402 which is a buildable 0.12-acre lot. Thoughtfully renovated over the years, each apartment beautifully blends modern updates with the home's timeless charm. Key features include stunning fireplaces, double parlors with sliding doors, granite kitchens with new cabinetry, and gleaming hardwood floors. Spanning nearly 3,800 sq. ft. of living space, the building offers three generous units. The first and second-floor apartments each feature 2 bedrooms, 1 bath, and expansive double living rooms with spacious dining areas. The top floor boasts 3 bedrooms, 1 bath, and a double living room as well. The property also features an architecturally distinctive shingle roof and off-street parking. Centrally located, it's just a short walk to College Hill, Hope Village, Downtown, the train station, and nearby universities. This property represents a fantastic investment in a high-demand rental market. The undeveloped land, zoned R3, is ideal for constructing a single-family or two-family home (subject to approvals).

Highlights

Home typeMulti Family
HeatingBaseboard, Natural Gas, Steam
StatusAccepting Backup Offers
(Active Under Contract)
BasementYes
Lot size0.12 Acres
Year built1900
ParkingNo Garage
MLS #1378760
FireplaceMasonry

Summary

  • MLS Number: 1378760
  • MLS Name: RIS
  • Office Name: Mott & Chace Sotheby's Intl.
  • Office Phone: (401) 314-3000

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: 3/9/2025, 9:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house featuring a front yard

$849,900

45 Cypress St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 07, 2020
Home Sold
$475,000
May 09, 2016
Home Sold
$10,805

Tax history

YearAssessmentProperty Tax
2024$578,700$10,619
2023$578,700$10,619
2022$578,700$5,665
2021$333,700$4,917
2020$314,300$7,719
2019$314,300$7,719

History based on county public records data.

Nearby schools

3

Martin Luther King Elementary School

Public District PK-5

0.4 mi

35 Camp St

6

Times2 Elementary School

Public Charter KG-6

0.9 mi

50 Fillmore St

2

Harry Kizirian Elementary School

Public District KG-5

1.1 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 $34,154. Most Providence, RI residents have annual incomes less than $<35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

52%
<35k
44%
35k-100k
4%
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?

60%
Single, No Kids
22%
Single, with Kids
7%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
9%
12-17 yrs old
37%
18-34 yrs old
29%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • TennisTennis

Where do the neighbors shop?

  • H&MH&M
  • Banana RepublicBanana Republic
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Jack In The BoxJack In The Box
  • StarbucksStarbucks

What do the neighbors drive?

  • VolkswagenVolkswagen
  • ToyotaToyota
  • BMWBMW

What do the neighbors listen to?

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

Similar homes for sale

This home is located at 45 Cypress St in Providence, RI and zip code 02906 in the Mount Hope neighborhood. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 27, 2025 and is currently priced at $849,900.

Over 24 listings were sold over their listed price in February 2025 in Providence, RI. In the same period over 22 listings were sold below the listed price and 14 listings were sold for the listed price. In February 2025 in Providence, RI there were 2.3% more homes for sale than in January. While the average time on the market in February 2025 was 36 days, the median list price was $500,000.

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

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