56 Ivy St

Providence, RI 02906

$1,150,000
Price
7
Beds
3,944 Sq. Ft.
$292 / Sq. Ft.
3,944
Sq. Ft.
$292
per Sq. Ft.
New
New
Large private yard, completely fenced in.
First floor art studio
First floor art studio
Unit 1 First Floor kitchen
unit 1 first floor kitchen
Unit 1 bedroom #1 on first floor
Unit 1 full bath with claw foot tub
Unit 1 bedroom #2
Unit 1 living room
Unit 1 living room
Second floor office with beautiful bay window.
Second floor Unit 2 Kitchen
Unit 2 kitchen
Unit 2 kitchen
Unit 2
Unit 2 bath with clawfoot tub
Unit 2 living room
Unit 2 living room
Third floor unit 3 mudroom/entry
Third floor unit 3 kitchen
Unit 3 kitchen
Unit 3 kitchen
Unit 3 kitchen
Unit 3 bedroom turned into a walk-in closet
Unit 3 full bath w claw foot tub
Unit 3 living room
Unit 3 living room
Unit 3 living room
Unit 3 bedroom #1
Unit 3 flex space
Unit 3 flex space
Unit 3 flex space
Unit 3 bedroom #2

Description

Turnkey income producing 3 family investment! This well-maintained multi-family property offers strong income potential and long-term value. Major capital improvements already completed with a 2 1/2 yr old roof, and hard wired smoke detectors for code compliance. Each unit is spacious and thoughtfully designed with separate entrances, generous layouts, abundant natural light, and functional kitchens and living areas ideal for today's renters. In addition to the 3 units, there is also a first floor...Turnkey income producing 3 family investment! This well-maintained multi-family property offers strong income potential and long-term value. Major capital improvements already completed with a 2 1/2 yr old roof, and hard wired smoke detectors for code compliance. Each unit is spacious and thoughtfully designed with separate entrances, generous layouts, abundant natural light, and functional kitchens and living areas ideal for today's renters. In addition to the 3 units, there is also a first floor art studio with bath, and a second level office and flex space. The basement has plenty of storage, a workshop, and coin-op washer and dryer. The property also features a rare large, private fenced yard - an added bonus for tenants and owner occupied alike! Tenants enjoy convenient access to nearby shopping, dining, schools, and major transportation routes, making this a highly desirable location. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property presents a rare and versatile opportunity. The current owners have primarily chosen mid-term monthly rentals that have included utilities however each unit is separately metered proving flexibility. Taxes are based on owner occupied rate. Owners will sell fully furnished if desired.
  1. Listed by Christine Dupuis • Brokerage DRE #REB.0019231 • Mott & Chace Sotheby's Intl.
    P: (401)-626-1945 christine.dupuis@mottandchace.com

Property Details for 56 Ivy Street

Subdivision Name
East Side
Architectural Style
Stacked
Furnished
Furnished
LISTING UPDATED: 01/21/2026 07:52 PM

Property Details for 56 Ivy Street

StatusActive
MLS #1403353
Days on Market1
Taxes$6,732 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1900
Lot Size0.13 AC / 5,663 SF
CountyProvidence County

Location

Listing Courtesy of Mott & Chace Sotheby's Intl.
Add your commute

Building Information for 56 Ivy Street

Stories3Residences3Year Built1900Building Size-Lot Size0.13 AC / 5,663 SF

Payment Calculator

$6,166 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,605

Property Taxes

$561

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 56 Ivy Street

Summary
Location and General Information
  • City: Providence
  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Courts
  • Postal City: Providence
  • Postal Code: 02906
  • Postal Code Plus4: 2513
  • 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: 4
Taxes and HOA Information
  • Tax Annual Amount: $6,731.64
  • Tax Assessed Value: 957700
  • Tax Lot: 130
  • Tax Map Number: 06
  • Tax Year: 2025
Virtual Tour
Property
Lot Information
  • Above Grade Fin SQFT: 3944.0
  • Building Area Total: 3944.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.13
  • Lot Size Area: 5663.0
  • Lot Size Square Feet: 5663.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 56IVYSTPROV
  • Stories Total: 3
Property and Assessments
  • 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: 1900
Utilities
  • Electric: Amps100, Circuit Breakers, Separate Meters
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Fencing: Fenced
  • Foundation Details: Brick Mortar, Stone
Interior Features
  • Appliances: Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 7
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Ceramic Tile, Hardwood
  • Heating: Baseboard, Forced Air, Gas, Hydro Air, Steam
  • Heating Y N: Yes
  • Interior Features: Attic, Permanent Attic Stairs, Storage, Tub Shower, Furnished
  • Laundry Features: Common Area
  • Rooms Total: 18
Multi Family
Income & Expenses Information
  • Operating Expense: $16,008.84
Unit 1 Information
  • Actual Rent: $2,950.00
  • Type: TwoBedroom
  • Occupant Type: Owner
  • Unit Type Area: 1344.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $2,800.00
  • Type: TwoBedroom
  • Occupant Type: Vacant
  • Unit Type Area: 1344.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $2,800.00
  • Occupant Type: Vacant
  • Unit Type Area: 1344.0
  • Baths Total: 2
  • Beds Total: 3
  • Num of Full Baths: 2
  • Num of Half Baths: 0
Rental
Rental Information
  • Land Lease Y N: No

Property History for 56 Ivy Street

DateEvent & SourcePriceAppreciation
Jan 21, 2026

Listed (Active)

Rhode Island Association of REALTORS® #1403353

$1,150,000—
Oct 31, 2025

Sold (Public Record)

Public Record #1919222358

$616,000

+3.9% / yr

May 31, 2018

Sold (Public Record)

Public Record #623603015

$465,000

+8.2% / yr

May 31, 2018

Sold

Rhode Island Association of REALTORS® #1185209

$465,000—
Mar 27, 2018

Contract Signed

Rhode Island Association of REALTORS® #1185209

—
Mar 16, 2018

Listed (Active)

Rhode Island Association of REALTORS® #1185209

$465,000—
Jul 30, 2017

Temporarily Off Market

Rhode Island Association of REALTORS® #1158111

—
Jun 30, 2017

Temporarily Off Market

Rhode Island Association of REALTORS® #1157910

—
Apr 30, 2017

Listed (Active)

Rhode Island Association of REALTORS® #1158111

$495,000—
Apr 30, 2017

Listed (Active)

Rhode Island Association of REALTORS® #1157910

$495,000—
Aug 5, 2002

Sold (Public Record)

Public Record #171258102

$133,000—
DateEvent & SourcePrice
01/21/2026

Listed (Active)

Rhode Island Association of REALTORS® #1403353

$1,150,000
10/31/2025

Sold (Public Record)

Public Record #1919222358

$616,000

+3.9% / yr

05/31/2018

Sold (Public Record)

Public Record #623603015

$465,000

+8.2% / yr

05/31/2018

Sold

Rhode Island Association of REALTORS® #1185209

$465,000
03/27/2018

Contract Signed

Rhode Island Association of REALTORS® #1185209

—
03/16/2018

Listed (Active)

Rhode Island Association of REALTORS® #1185209

$465,000
07/30/2017

Temporarily Off Market

Rhode Island Association of REALTORS® #1158111

—
06/30/2017

Temporarily Off Market

Rhode Island Association of REALTORS® #1157910

—
04/30/2017

Listed (Active)

Rhode Island Association of REALTORS® #1158111

$495,000
04/30/2017

Listed (Active)

Rhode Island Association of REALTORS® #1157910

$495,000
08/05/2002

Sold (Public Record)

Public Record #171258102

$133,000

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

Public Records for 56 Ivy Street

Taxable ValueLand$408,000Additions$549,700Total$957,700
Tax Record2025$7,231 ($603 / month)
Home Facts
Baths4Total Finished SqFt3,632 SqFtAbove Grade Finished SqFt3,632 SqFtStories3Lot Size5,600 SqFtStyleTriplexYear Built1900ZoningR-2CountyPROVIDENCEAPNPROV M:6 L:130

Schools near 56 Ivy Street

This home is within Providence School District.
Rating
School
Type
Grades
Distance
Martin Luther King Elementary School
Public - PK to 5
Nathan Bishop Middle School
Public - 6 to 8
Hope Leadership School
Public - 9 to 12
Hope High School
Public - 9 to 12
Rating
School
Distance
Martin Luther King Elementary School
PublicPK to 5

Nathan Bishop Middle School
Public6 to 8

Hope Leadership School
Public9 to 12

Hope High 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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More information about 56 Ivy Street, Providence, RI 02906

56 Ivy Street is a multi-family home for sale in Providence, RI 02906. This listing's school district is Providence School District. Nearby schools include Martin Luther King Elementary School, Nathan Bishop Middle School and Hope Leadership School. 56 Ivy Street is a 7-bed, 4-bath, 3,944 sqft multi-family home built in 1900.

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 Mott & Chace Sotheby's Intl.

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.