18 Adelphi Ave
Description
Investors take note: monthly rents >10K, yielding a cap rate...Fantastic Victorian 3-unit located in the heart of Wayland Square! All apartments are unusually spacious, sunny and offer 3 bedrooms with recently refreshed kitchens and baths. Features include hardwood floors, beautiful mouldings, built-ins, pocket doors, high ceilings and replaced windows. Unit 1 will be available for owner-occupancy as of 6/1/2026; units 2 and 3 have renewed their leases for 2027. 2025 R/E taxes w/homestead: $11,171.
Investors take note: monthly rents >10K, yielding a cap rate of 7.5%. OFFER DEADLINE: MONDAY 4/13 @6 PM
Listing Agent
![Rebecca Mayer]()
rebecca.mayer@compass.comP: (401)-447-8040
Property Details for 18 Adelphi Avenue
Property Details for 18 Adelphi Avenue
| Status | Active Under Contract |
|---|---|
| MLS # | 1408981 |
| Days on Market | 9 |
| Taxes | $20,714 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Residential Income / Multi Family |
| Year Built | 1895 |
| Lot Size | 0.09 AC / 4,000 SF |
| County | Providence County |
Location
Building Information for 18 Adelphi Avenue
Payment Calculator
$7,819 per month
30 year fixed, 6.46% Interest
$6,093
$1,726
$0
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1Property Information for 18 Adelphi Avenue
- City: Providence
- Community Features: Highway Access, Near Schools, Public Transportation, Restaurant, Shopping, Sidewalks
- Postal City: Providence
- Postal Code: 02906
- State Or Province: RI
- Zoning: R-3
- Human Modified Y N: Yes
- Covered Spaces: 0
- Garage Spaces: 0
- Garage Y N: No
- Parking Features: No Garage
- Parking Total: 2
- Tax Annual Amount: $20,714.00
- Tax Assessed Value: 1479600
- Tax Lot: 288
- Tax Map Number: 39
- Tax Year: 2025
- Above Grade Fin SQFT: 4795.0
- Building Area Total: 4795.0
- Living Area Source: Other
- Lot Size Acres: 0.0918
- Lot Size Area: 4000.0
- Lot Size Square Feet: 4000.0
- Lot Size Units: Square Feet
- Number Of Buildings: 1
- Parcel Number: 1820ADELPHIAVPROV
- Stories Total: 3
- New Construction Y N: No
- Number Of Units Total: 3
- Property Sub Type: Multi Family
- Property Type: ResidentialIncome
- Senior Community Y N: No
- Year Built: 1895
- Electric: Amps200Or More, Circuit Breakers, Volts220
- Sewer: Connected, Public Sewer
- Utilities: Sewer Connected
- Water Source: Connected, Public
- Exterior Features: Porch, Paved Driveway
- Foundation Details: Combination
- Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
- Basement: Full, Interior Entry, Unfinished
- Basement Y N: Yes
- Bathrooms Full: 4
- Bathrooms Half: 0
- Bathrooms Total Integer: 4
- Bedrooms Total: 9
- Cooling: None
- Cooling Y N: No
- Fireplace Features: Marble
- Fireplaces Total: 2
- Fireplace Y N: Yes
- Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Vinyl
- Heating: Gas, Steam, Space Heater
- Heating Y N: Yes
- Interior Features: Interior Steps, Stall Shower, Tub Shower, Furnished, Cable Tv
- Laundry Features: Common Area, In Unit
- Patio And Porch Features: Porch
- Rooms Total: 16
- Window Features: Thermal Windows
- Operating Expense: $30,114.00
- Actual Rent: $2,800.00
- Description: lease extended @$2,950 thru 6/18/2027
- Type: ThreeBedroom
- Unit Type Area: 1436.0
- Baths Total: 2
- Beds Total: 3
- Num of Full Baths: 2
- Num of Half Baths: 0
- Actual Rent: $3,650.00
- Description: lease extended @$3,700 thru 8/31/2027
- Type: ThreeBedroom
- Unit Type Area: 1553.0
- Baths Total: 1
- Beds Total: 3
- Num of Full Baths: 1
- Num of Half Baths: 0
- Actual Rent: $3,600.00
- Description: lease expires 5/31/26
- Type: ThreeBedroom
- Unit Type Area: 1806.0
- Baths Total: 1
- Beds Total: 3
- Num of Full Baths: 1
- Num of Half Baths: 0
- Land Lease Y N: No
- Tenant Pays: Hot Water
Property History for 18 Adelphi Avenue
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Apr 14, 2026 | Contract Out Rhode Island Association of REALTORS® #1408981 | — | |
| Apr 5, 2026 | Listed (Active) Rhode Island Association of REALTORS® #1408981 | $1,210,000 | — |
| Oct 18, 2023 | Sold Rhode Island Association of REALTORS® #1340798 | $900,000 | — |
| Oct 4, 2023 | Sold (Public Record) Public Record #1520724859 | $900,000 | +5.8% / yr |
| Aug 13, 2023 | Contract Signed Rhode Island Association of REALTORS® #1340798 | — | |
| Aug 2, 2023 | Listed (Active) Rhode Island Association of REALTORS® #1340798 | $790,000 | — |
| Nov 24, 1992 | Sold (Public Record) Public Record #171312960 | $160,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 04/14/2026 | Contract Out Rhode Island Association of REALTORS® #1408981 | — |
| 04/05/2026 | Listed (Active) Rhode Island Association of REALTORS® #1408981 | $1,210,000 |
| 10/18/2023 | Sold Rhode Island Association of REALTORS® #1340798 | $900,000 |
| 10/04/2023 | Sold (Public Record) Public Record #1520724859 | $900,000 +5.8% / yr |
| 08/13/2023 | Contract Signed Rhode Island Association of REALTORS® #1340798 | — |
| 08/02/2023 | Listed (Active) Rhode Island Association of REALTORS® #1340798 | $790,000 |
| 11/24/1992 | Sold (Public Record) Public Record #171312960 | $160,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 18 Adelphi Avenue
Schools near 18 Adelphi Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Vartan Gregorian Elementary School PublicK to 5 | ||
Nathan Bishop Middle School Public6 to 8 | ||
Hope High School Public9 to 12 | ||
Hope Leadership 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.
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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.
