123 Laban St

2,322 Sq. Ft.
$291 / Sq. Ft.
2,322
Sq. Ft.
$291
per Sq. Ft.

Description

Welcome to 123 Laban Street. Ideal for investors seeking robust cash flow or owner-occupants looking to offset their mortgage in a highly competitive rental market. This multi-family has been meticulously maintained and upgraded by the current owner, ensuring low capital expenditures for years to come while leaving room to build equity. The second and third floors are recently renovated and are currently generating strong market rents. The first floor offers opportunity for cosmetic updates that...Welcome to 123 Laban Street. Ideal for investors seeking robust cash flow or owner-occupants looking to offset their mortgage in a highly competitive rental market. This multi-family has been meticulously maintained and upgraded by the current owner, ensuring low capital expenditures for years to come while leaving room to build equity. The second and third floors are recently renovated and are currently generating strong market rents. The first floor offers opportunity for cosmetic updates that will force appreciation, and maximize the rent roll. The partially finished basement offers more usable space on the property. Recent updates include new vinyl siding, new gutters, two new water tanks, a 6-camera surveillance system and a repaved driveway offering plenty of off street parking. The young roof was replaced by the previous owner in 2019. This one checks all the boxes!
  1. Listed by Elvis Santana • Brokerage DRE #REB.0019634 • Circle 100 Real Estate
    P: (508)-233-3229 elvis@circle100.com

Property Details for 123 Laban Street

Subdivision Name
Silver Lake

Open Houses

Saturday, Jul 18th2:30 PM - 3:30 PM
LISTING UPDATED: 07/16/2026 12:37 PM

Property Details for 123 Laban Street

StatusActive
MLS #1418001
Days on Market1
Taxes$3,515 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1900
Lot Size0.10 AC / 4,345 SF
CountyProvidence County

Location

Listing Courtesy of Circle 100 Real Estate
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Building Information for 123 Laban Street

Stories3Residences3Year Built1900Building Size-Lot Size0.10 AC / 4,345 SF

Payment Calculator

$3,657 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,364

Property Taxes

$293

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 123 Laban Street

Summary
Location and General Information
  • City: Providence
  • Community Features: Highway Access, Near Schools, Public Transportation, Shopping
  • Postal City: Providence
  • Postal Code: 02909
  • State Or Province: RI
  • Zoning: R-2
  • Human Modified Y N: Yes
Parking
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 6
Taxes and HOA Information
  • Tax Annual Amount: $3,515.00
  • Tax Assessed Value: 275800
  • Tax Lot: 335
  • Tax Map Number: 107
  • Tax Year: 2026
Property
Lot Information
  • Above Grade Fin SQFT: 2322.0
  • Building Area Total: 2322.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.0997
  • Lot Size Area: 4345.0
  • Lot Size Square Feet: 4345.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 123LABANSTPROV
  • Stories Total: 3
  • Structure Type: Apartment
Property and Assessments
  • New Construction Y N: No
  • Number Of Units Total: 3
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community Y N: No
  • Year Built: 1900
  • C L I P: 1,088,772,795
Utilities
  • Electric: Amps100
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement Y N: Yes
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 8
  • Cooling: None
  • Cooling Y N: No
  • Fireplace Features: None
  • Fireplace Y N: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Heating: Baseboard, Gas, Other
  • Heating Y N: Yes
  • Rooms Total: 17
Multi Family
Unit 1 Information
  • Actual Rent: $1,800.00
  • Description: Living room, Eat-in Kitchen, 2 Bedrooms, 1 Full Bath
  • Type: Two Bedroom
  • Unit Type Area: 453.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
Unit 2 Information
  • Actual Rent: $2,200.00
  • Description: Living room, Eat-in Kitchen, 3 Bedrooms, 1 Full Bath
  • Type: Three Bedroom
  • Unit Type Area: 933.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
Unit 3 Information
  • Actual Rent: $1,800.00
  • Description: Living room, Eat-in Kitchen, 3 Bedrooms, 1 Full Bath
  • Type: Three Bedroom
  • Unit Type Area: 933.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
Rental
Rental Information
  • Land Lease Y N: No

Property History for 123 Laban Street

DateEvent & SourcePriceAppreciation
Jul 15, 2026

Listed (Active)

Rhode Island Association of REALTORS® #1418001

$675,000
Feb 7, 2023

Sold (Public Record)

Public Record #1505398915

$450,000

+6.9% / yr

Feb 7, 2023

Sold

Rhode Island Association of REALTORS® #1327159

$450,000
DateEvent & SourcePrice
07/15/2026

Listed (Active)

Rhode Island Association of REALTORS® #1418001

$675,000
02/07/2023

Sold (Public Record)

Public Record #1505398915

$450,000

+6.9% / yr

02/07/2023

Sold

Rhode Island Association of REALTORS® #1327159

$450,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 123 Laban Street

Taxable ValueLand$128,600Additions$337,000Total$465,600
Tax Record2025$3,515 ($293 / month)
Home Facts
Baths3Total Finished SqFt2,322 SqFtAbove Grade Finished SqFt2,322 SqFtUnfinished Basement SqFt933 SqFtStories3Lot Size4,345 SqFtStyleTriplexYear Built1900ZoningR-2CountyPROVIDENCEAPNPROV M:107 L:335

Schools near 123 Laban Street

This home is within Providence School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 1
Rating
School
Distance
Frank D. Spaziano Elementary School
PublicPK to 5

Providence Career and Technical School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

123 Laban Street is a multi-family home for sale in Providence, RI 02909. This property was listed for sale on July 15, 2026 by Circle 100 Real Estate, it's currently listed at $675,000. It has been on the market for a total of 1 days and was last sold on February 7, 2023. This listing's school district is Providence School District. Nearby schools include Frank D. Spaziano Elementary School, Governor Christopher Delsesto Middle School and Providence Career and Technical School. 123 Laban Street is a 8-bed, 3-bath, 2,322 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Circle 100 Real Estate

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.