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3 Beds
2 Baths
1,680 sqft

$440,000

661 Douglas Avenue, Providence RI, 02908

Price per sqft$261.90
Built in1940
Property size1,680 sqft
Property typeMulti-family

Overview

Active

Listed Oct 27, 2026

Updated 9h ago

Providence College Area Two-Family | Income-Producing | Owner-Occupant or Investor Opportunity Rare opportunity to own a two-family home in the highly sought-after Providence College neighborhood, where rental demand stays consistently strong. The first floor features an efficient studio-style unit, ideal for generating rental income or creating a private in-law suite for a multi-generational living situation. The second floor, lower level offers a two-bedroom layout. Both units are currently occupied on a month-to-month basis, giving investors immediate cash flow and giving owner-occupants the flexibility to move in or keep a tenant offsetting the mortgage. Minutes from campus, local shops, dining, and major highways, making tenant placement easy and everyday living convenient. Live in one unit and let the other help pay your mortgage, or add a proven rental to your portfolio. Opportunities like this near Providence College don't last. First showing at open house.

$2,927/mo

Est. mortgage payment based on a $440,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1426198

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.1 Acres

Other Property Details

Taxes
$4,497
Tax Frequency
Annually
55+/Senior Community
No

Courtesy of SERHANT., 401-441-0135

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than SERHANT. are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.

©2026 State-Wide MLS, Inc. All rights reserved.

Data last updated 1:56 PM UTC, 10/29/2026.

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