Highly Desirable Smith Hill Neighborhood! Fantastic investment opportunity in the heart of Providence! This well-maintained three-family home features three spacious 2-bed, 1-bath units, each offering the charm of a traditional double parlor layout and the modern convenience of in-unit laundry. The 2nd and 3rd floor apartments include private front porches, perfect for relaxing or enjoying city views. A small, easy-to-maintain yard adds bonus outdoor space that tenants love. All units are in excellent condition and currently occupied by reliable, long-term tenants, ensuring strong, stable rental income from day one. Recent improvements throughout the property provide peace of mind to the next owner. Centrally located near parks, schools, shopping, dining, and major highways—with quick access to downtown Providence, local hospitals, and universities. This property also offers great potential for future condo conversion (buyer to perform due diligence). Rent roll available upon request—please refer to MLS remarks for contact details. Tax rate listed reflects non-owner-occupied status.
For sale
Price cut: $25K (11/18)
$649,900
23 Richter St, Providence, RI 02908
6beds
3,198sqft
Est.:
Multi Family
Built in 1930
-- sqft lot
$646,300 Zestimate®
$203/sqft
$-- HOA
What's special
Private front porchesSmall easy-to-maintain yardTraditional double parlor layout
- 23 days |
- 1,241 |
- 52 |
Zillow last checked: 8 hours ago
Listing updated: December 10, 2025 at 02:58pm
Listed by:
Aleece Silva 508-269-6904,
Century 21 Limitless
Source: StateWide MLS RI,MLS#: 1400368
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Tub & Shower
Heating
- Natural Gas, Gas Connected
Cooling
- None
Appliances
- Laundry: In Unit
Features
- Insulation (Unknown)
- Flooring: Hardwood, Laminate
- Basement: Full,Interior Entry,Unfinished,Storage Space
- Attic: Attic Storage
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,198
- Total interior livable area: 3,198 sqft
Video & virtual tour
Property
Parking
- Parking features: No Garage
Features
- Stories: 3
- Exterior features: Balcony
Lot
- Size: 3,262.64 Square Feet
Details
- Parcel number: PROVM82L71
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Other Siding
- Foundation: Unknown
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Electric: 100 Amp Service
- Water: Municipal
- Utilities for property: Sewer Connected
Community & HOA
Community
- Features: Commuter Bus, Highway Access, Hospital, Private School, Public School, Railroad, Restaurants, Schools, Near Shopping
HOA
- Has HOA: No
Location
- Region: Providence
Financial & listing details
- Price per square foot: $203/sqft
- Tax assessed value: $560,400
- Annual tax amount: $7,824
- Date on market: 11/18/2025
- Total actual rent: 4500
- Tenant pays: Heat
Estimated market value
$646,300
$614,000 - $679,000
$2,818/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2025 | Price change | $649,900-3.7%$203/sqft |
Source: MLS PIN #73455854 Report a problem | ||
| 10/2/2025 | Listed for sale | $674,900+694%$211/sqft |
Source: | ||
| 5/10/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/28/2023 | Price change | $1,700-5.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/27/2023 | Listed for rent | $1,795+28.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,846 +23.6% | $560,400 +62% |
| 2024 | $6,349 +3.1% | $346,000 |
| 2023 | $6,159 | $346,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,982/mo
Principal & interest
$3121
Property taxes
$634
Home insurance
$227
Climate risks
Neighborhood: Smith Hill
Nearby schools
GreatSchools rating
- 2/10Harry Kizirian Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 5/10Nathanael Greene Middle SchoolGrades: 6-8Distance: 0.1 mi
- 1/10Mount Pleasant High SchoolGrades: 9-12Distance: 1.2 mi
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