53 Fairmount Ave

2,340 Sq. Ft.
$256 / Sq. Ft.
2,340
Sq. Ft.
$256
per Sq. Ft.

Description

This well-maintained 4-unit multifamily offers a fantastic mix of layouts, featuring two 1-bedroom apartments and two 3-bedroom apartments. Each unit is generously sized, providing comfortable living space for tenants. The property is set on a good-sized lot with plenty of off-street parking to accomodate residents and guests with ease. Ideal for both investors seeking strong rental income and owner-occupants looking to offset living costs, this property blends functionality, convenience, and long-term...This well-maintained 4-unit multifamily offers a fantastic mix of layouts, featuring two 1-bedroom apartments and two 3-bedroom apartments. Each unit is generously sized, providing comfortable living space for tenants. The property is set on a good-sized lot with plenty of off-street parking to accomodate residents and guests with ease. Ideal for both investors seeking strong rental income and owner-occupants looking to offset living costs, this property blends functionality, convenience, and long-term value. Subject to 1031 exchange.
  1. Listed by Kerri Gemma • Brokerage DRE #REB.0014356 • RE/MAX Properties
    P: (401)-480-4983 kerri@martonegroup.com

Property Details for 53 Fairmount Avenue

Subdivision Name
Mt Pleasant
Architectural Style
Stacked
LISTING UPDATED: 01/16/2026 02:19 PM

Property Details for 53 Fairmount Avenue

StatusActive
MLS #1397895
Days on Market115
Taxes$8,478 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1920
Lot Size0.07 AC / 3,049 SF
CountyProvidence County

Location

Listing Courtesy of RE/MAX Properties
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Building Information for 53 Fairmount Avenue

Stories3Residences4Year Built1920Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$3,630 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,924

Property Taxes

$707

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 53 Fairmount Avenue

Summary
Location and General Information
  • City: Providence
  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Courts
  • Postal City: Providence
  • Postal Code: 02908
  • State Or Province: RI
  • Human Modified Y N: Yes
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 6
Taxes and HOA Information
  • Tax Annual Amount: $8,478.00
  • Tax Assessed Value: 462000
  • Tax Lot: 400
  • Tax Map Number: 64
  • Tax Year: 2025
Property
Lot Information
  • Above Grade Fin SQFT: 2340.0
  • Building Area Total: 2340.0
  • Living Area Source: Public Records
  • Lot Features: Paved
  • Lot Size Acres: 0.07
  • Lot Size Area: 3049.0
  • Lot Size Square Feet: 3049.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 5355FAIRMOUNTAVPROV
  • Stories Total: 3
Property and Assessments
  • New Construction Y N: No
  • Number Of Units Total: 4
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1920
Utilities
  • Electric: Amps100, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter
Interior Features
  • Appliances: Gas Water Heater, Refrigerator
  • Basement: Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 8
  • Cooling: None
  • Cooling Y N: No
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Ceramic Tile, Laminate, Vinyl
  • Heating: Central, Gas
  • Heating Y N: Yes
  • Interior Features: Tub Shower
  • Rooms Total: 18
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $1,580.00
  • Unit Type Area: 839.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $1,827.00
  • Unit Type Area: 559.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $1,050.00
  • Unit Type Area: 839.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 4 Information
  • Actual Rent: $1,150.00
  • Unit Type Area: 559.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Land Lease Y N: No

Property History for 53 Fairmount Avenue

DateEvent & SourcePriceAppreciation
Oct 16, 2025

Listed (Active)

Rhode Island Association of REALTORS® #1397895

$599,900
Oct 15, 2025

Permanently Off Market

Rhode Island Association of REALTORS® #1393017

Sep 23, 2025

Price Change

Rhode Island Association of REALTORS® #1393017

$649,900
Aug 19, 2025

Listed (Active)

Rhode Island Association of REALTORS® #1393017

$699,900
May 9, 2022

Sold

Rhode Island Association of REALTORS® #1306890

$445,000
May 6, 2022

Sold (Public Record)

Public Record #1489550300

$445,000

+42.1% / yr

Apr 12, 2022

Contract Signed

Rhode Island Association of REALTORS® #1306890

Apr 6, 2022

Listed (Active)

Rhode Island Association of REALTORS® #1306890

$429,900
Apr 10, 2021

Permanently Off Market

Rhode Island Association of REALTORS® #1276275

Feb 27, 2021

Listed (Active)

Rhode Island Association of REALTORS® #1276275

$379,900
Oct 11, 2007

Sold (Public Record)

Public Record #228526688

$2,666

-23.4% / yr

Dec 23, 2004

Permanently Off Market

Rhode Island Association of REALTORS® #445771

Aug 9, 2004

Listed (Active)

Rhode Island Association of REALTORS® #445771

$299,900
May 15, 2003

Permanently Off Market

Rhode Island Association of REALTORS® #304543

Apr 2, 2003

Listed (Active)

Rhode Island Association of REALTORS® #304543

$249,900
Feb 2, 1996

Sold (Public Record)

Public Record #171294894

$60,000
Feb 1, 1996

Sold

Rhode Island Association of REALTORS® #501275

$60,000
Aug 2, 1995

Contract Signed

Rhode Island Association of REALTORS® #501275

Jan 23, 1995

Listed (Active)

Rhode Island Association of REALTORS® #501275

$99,900
DateEvent & SourcePrice
10/16/2025

Listed (Active)

Rhode Island Association of REALTORS® #1397895

$599,900
10/15/2025

Permanently Off Market

Rhode Island Association of REALTORS® #1393017

09/23/2025

Price Change

Rhode Island Association of REALTORS® #1393017

$649,900
08/19/2025

Listed (Active)

Rhode Island Association of REALTORS® #1393017

$699,900
05/09/2022

Sold

Rhode Island Association of REALTORS® #1306890

$445,000
05/06/2022

Sold (Public Record)

Public Record #1489550300

$445,000

+42.1% / yr

04/12/2022

Contract Signed

Rhode Island Association of REALTORS® #1306890

04/06/2022

Listed (Active)

Rhode Island Association of REALTORS® #1306890

$429,900
04/10/2021

Permanently Off Market

Rhode Island Association of REALTORS® #1276275

02/27/2021

Listed (Active)

Rhode Island Association of REALTORS® #1276275

$379,900
10/11/2007

Sold (Public Record)

Public Record #228526688

$2,666

-23.4% / yr

12/23/2004

Permanently Off Market

Rhode Island Association of REALTORS® #445771

08/09/2004

Listed (Active)

Rhode Island Association of REALTORS® #445771

$299,900
05/15/2003

Permanently Off Market

Rhode Island Association of REALTORS® #304543

04/02/2003

Listed (Active)

Rhode Island Association of REALTORS® #304543

$249,900
02/02/1996

Sold (Public Record)

Public Record #171294894

$60,000
02/01/1996

Sold

Rhode Island Association of REALTORS® #501275

$60,000
08/02/1995

Contract Signed

Rhode Island Association of REALTORS® #501275

01/23/1995

Listed (Active)

Rhode Island Association of REALTORS® #501275

$99,900

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

Public Records for 53 Fairmount Avenue

Taxable ValueLand$110,700Additions$351,300Total$462,000
Tax Record2025$6,468 ($539 / month)
Home Facts
Baths4Total Finished SqFt2,795 SqFtAbove Grade Finished SqFt2,795 SqFtUnfinished Basement SqFt1,118 SqFtStories3Lot Size3,045 SqFtStyleMulti-Family Dwelling (2-4)Year Built1920Year Renovated2009ZoningR-2CountyPROVIDENCEAPNPROV M:64 L:400

Schools near 53 Fairmount Avenue

This home is within Providence School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 5 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
George J. West Elementary School
PublicK to 5

West Broadway Middle School
Public5 to 8

Mount Pleasant High School
Public9 to 12

William D'abate Elementary School
PublicK to 5

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

Similar Sold Homes

53 Fairmount Avenue is a multi-family home for sale in Providence, RI 02908. This property was listed for sale on October 16, 2025 by RE/MAX Properties, it's currently listed at $599,900. It has been on the market for a total of 115 days and was last sold on May 9, 2022. This listing's school district is Providence School District. Nearby schools include George J. West Elementary School, West Broadway Middle School and Mount Pleasant High School. 53 Fairmount Avenue is a 8-bed, 4-bath, 2,340 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Properties

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.