$489,900

497 Branch Ave Providence, RI 02904

$5,818
Closing credit¹
4 beds
2 full
0.07 acres
Multi-Family

Property details

About 497 Branch Ave

This charming two-family home offers a fantastic opportunity for both investors and owner-occupants. This well-maintained property features two spacious units with high ceilings and tons of natural light. The first floor features two bedrooms, one and a half baths. The second unit features two bedrooms, one bath. In addition, this second unit also has a town-house style with two flex rooms upstairs that can be used for many different purposes an office, a den, a playroom, the possibilities are endless! The home sits on a 3,049 sq. ft. lot in a convenient location close to local shops, restaurants, and easy highway access to both 95 and 146. This is ideally situated at just a 50 minute drive to Boston. While they will need a little love, the carport and detached garage prove a valuable feature in this area, though there is also off street parking available. Whether you're looking to generate rental income or live in one unit while renting the other, this multi-family home is a great investment. To top everything off (from the bottom) you have a full basement with three separate storage rooms ready to help organize and delineate. Don't miss your chance to own a move-in ready investment property that is conveniently located to just about anything you could need!

Highlights

Home typeMulti Family
HeatingBaseboard, Natural Gas
StatusAccepting Backup Offers
(Active Under Contract)
BasementYes
Lot size0.0735 Acres
Year built1900
ParkingDetached, Garage
MLS #1379009

Summary

  • MLS Number: 1379009
  • MLS Name: RIS
  • Office Name: Coldwell Banker Realty
  • Office Phone: (401) 884-8050

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: 4/18/2025, 5:20:48 AM 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 side of property featuring fence

$489,900

497 Branch Ave

$5,818

closing credit¹

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0.5% sale price²

Price information

Property sales

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

Tax history

YearAssessmentProperty Tax
2024$239,300$4,391
2023$239,300$4,391
2022$239,300$1,742
2021$159,400$1,837
2020$153,700$3,775
2019$153,700$3,775

History based on county public records data.

Nearby schools

2

Veazie Street School

Public District KG-5

0.6 mi

211 Veazie St

6

Times2 Elementary School

Public Charter KG-6

0.9 mi

50 Fillmore St

2

Harry Kizirian Elementary School

Public District KG-5

1.0 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 $41,060. The most common annual income of people living in Providence, RI is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

44%
<35k
46%
35k-100k
8%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

50%
Single, No Kids
19%
Single, with Kids
16%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
7%
12-17 yrs old
29%
18-34 yrs old
36%
35-64 yrs old
11%
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
  • Boston MarketBoston Market

What do the neighbors drive?

  • KiaKia
  • NissanNissan
  • HondaHonda

What do the neighbors listen to?

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

Similar homes for sale

This home is located at 497 Branch Ave in Providence, RI and zip code 02904 in the Charles neighborhood. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 6, 2025 and is currently priced at $489,900.

In March 2025 more than 44 listings in Providence, RI were sold above the asking price. During the same period more than 15 listings were sold at asking price, while more than 35 were sold below. Between February and March 2025, Providence, RI real estate market has seen increase in the number of listings by 28.8%. Listings spent 30 days on the market in March 2025, and had a median list price of $500,400 during the same period.

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

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