Backup offers
#1384648, Listing office: Broadway Real Estate Group
Property details
About 748 Atwells Ave
Outstanding investment opportunity in a high-demand rental market. This fully occupied 3-family property features three spacious units: a beautifully renovated second-floor unit offering 3 bedrooms and 1 bathroom, a well-maintained 3 bed/1 bath unit on the first floor, and a generously sized 4 bed/1 bath unit on the third floor ideal for strong rental income or owner-occupancy. What sets this property apart is its R-4 zoning designation, allowing for very high-density residential development (up to 20 units per acre). This opens the door for potential unit reconfiguration, future expansion, or mixed-use residential development, subject to local approval. Floor plans and conceptual designs for possible unit conversions are available upon request. Additional features include exterior security camera coverage and proximity to local amenities, public transportation, and major commuter routes. This is a rare opportunity to secure a cash-flowing asset with value-add potential. Showings by appointment reach out today to learn more.
Highlights
Home typeMulti Family
HeatingBaseboard, Natural Gas
StatusActive
BasementYes
Lot size0.08 Acres
Year built1910
ParkingNo Garage
MLS #1387848
Summary
- Full Bathrooms: 3
- Appliances: Gas Water Heater, Water Heater
- Basement: Yes
- Flooring Type: Hardwood, Laminate, Vinyl
- Interior: Tub Shower
- Fireplace: None
- Total Bedroom Count: 10
- Parking: No Garage
- Heating: Baseboard, Natural Gas
- Cooling: None
- List Price: $699,990
- Annual Tax Amount: $5,586
- Tax Year: 2024
- Year Built: 1910
- Lot Size: 0.08 Acres
- MLS Number: 1387848
- 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: 7/23/2025, 9:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 22, 2017 | Home Sold | $187,000 |
| Jul 15, 2014 | Home Sold | $37,500 |
| Jan 02, 2004 | Home Sold | $225,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $304,400 | $5,586 |
| 2023 | $304,400 | $5,586 |
| 2022 | $304,400 | $5,418 |
| 2021 | $202,100 | $4,963 |
| 2020 | $202,100 | $4,964 |
| 2019 | $202,100 | $4,964 |
History based on county public records data.
Nearby schools
4
William D'Abate Elementary School
Public District KG-5
0.3 mi
•60 Kossuth St
4
George J. West Elementary School
Public District KG-5
0.6 mi
•145 Beaufort St
1
Asa Messer Elementary School
Public District PK-4
0.6 mi
•1655 Westminster St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $52,665. Most Providence, RI residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
32%
<35k
58%
35k-100k
11%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
48%
Single, No Kids
25%
Single, with Kids
10%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
9%
12-17 yrs old
36%
18-34 yrs old
30%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Little Caesars
What do the neighbors drive?
Honda
Kia
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 748 Atwells Ave
The listing price of 748 Atwells Ave property is $699,990.
The property 748 Atwells Ave is a multi located in Providence, Rhode Island, 02909.
Active Listing: 748 Atwells Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 748 Atwells Ave are: William D'Abate Elementary School (GreatSchools Rating 4/10), George J. West Elementary School (GreatSchools Rating 4/10), Asa Messer Elementary School (GreatSchools Rating 1/10), Paul Cuffee Middle School (GreatSchools Rating 4/10), West Broadway Middle School (GreatSchools Rating 2/10), Nathanael Greene Middle School (GreatSchools Rating 3/10), Providence Career Technical (GreatSchools Rating 5/10), Mount Pleasant High School (GreatSchools Rating 1/10), Classical High School (GreatSchools Rating 10/10).
According to the records, the last property tax for 2024 is $5,586 (source: MLS/based on county public records data).
The last sale was on December 22, 2017 for $187,000 (source: MLS/tax record).
The year of construction for 748 Atwells Ave is 1910.
This home is located at 748 Atwells Ave in Providence, RI and zip code 02909 in the Olneyville neighborhood. Features: 10 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 17, 2025 and is currently priced at $699,990.
In June 2025 more than 65 listings in Providence, RI were sold above the asking price. During the same period more than 31 listings were sold at asking price, while more than 43 were sold below. The inventory of homes for sale in Providence, RI between May and June 2025 increased by 10.5%. Listings spent 24 days on the market in June 2025, and had a median list price of $510,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.