57 Fairmount Ave

3,018 Sq. Ft.
$199 / Sq. Ft.
3,018
Sq. Ft.
$199
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 57 Fairmount Avenue

Subdivision Name
Mt Pleasant
Architectural Style
Stacked
LISTING UPDATED: 01/27/2026 02:21 PM

Property Details for 57 Fairmount Avenue

StatusPending
MLS #1397897
Days on Market103
Taxes$10,339 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1920
Lot Size0.10 AC / 4,256 SF
CountyProvidence County

Location

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Building Information for 57 Fairmount Avenue

Stories3Residences4Year Built1920Building Size-Lot Size0.10 AC / 4,256 SF

Payment Calculator

$3,785 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,924

Property Taxes

$862

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 57 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: $10,339.00
  • Tax Assessed Value: 451100
  • Tax Lot: 399
  • Tax Map Number: 64
  • Tax Year: 2025
Property
Lot Information
  • Above Grade Fin SQFT: 3018.0
  • Building Area Total: 3018.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.0977
  • Lot Size Area: 4256.0
  • Lot Size Square Feet: 4256.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 5759FAIRMOUNTAVPROV
  • 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
  • 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: Carpet, Ceramic Tile, Laminate, Vinyl
  • Heating: Baseboard, 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: $1,550.00
  • Unit Type Area: 1161.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $1,195.00
  • Unit Type Area: 581.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $1,495.00
  • Unit Type Area: 1161.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 4 Information
  • Actual Rent: $1,195.00
  • Unit Type Area: 581.0
  • 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 57 Fairmount Avenue

DateEvent & SourcePriceAppreciation
Jan 27, 2026

Contract Signed

Rhode Island Association of REALTORS® #1397897

Oct 16, 2025

Listed (Active)

Rhode Island Association of REALTORS® #1397897

$599,900
Oct 15, 2025

Permanently Off Market

Rhode Island Association of REALTORS® #1393024

Sep 23, 2025

Price Change

Rhode Island Association of REALTORS® #1393024

$649,900
Aug 20, 2025

Listed (Active)

Rhode Island Association of REALTORS® #1393024

$699,900
Jul 17, 2023

Sold (Public Record)

Public Record #1514675057

$487,000

+10.3% / yr

Jun 16, 2020

Sold (Public Record)

Public Record #670782277

$360,000

+35.0% / yr

Jun 16, 2020

Sold

Rhode Island Association of REALTORS® #1251787

$360,000
Apr 15, 2020

Listed (Active)

Rhode Island Association of REALTORS® #1251787

$369,900
Jan 18, 2019

Sold

Rhode Island Association of REALTORS® #1202148

$235,000
Jan 14, 2019

Sold (Public Record)

Public Record #637962683

$235,000

+1496.8% / yr

Oct 23, 2018

Contract Signed

Rhode Island Association of REALTORS® #1202148

Aug 24, 2018

Listed (Active)

Rhode Island Association of REALTORS® #1202148

$275,000
Aug 29, 2017

Sold (Public Record)

Public Record #604845986

$5,176

-25.1% / yr

Aug 27, 2008

Sold (Public Record)

Public Record #254100302

$70,000
Dec 23, 2004

Permanently Off Market

Rhode Island Association of REALTORS® #445775

Aug 9, 2004

Listed (Active)

Rhode Island Association of REALTORS® #445775

$299,900
May 15, 2003

Permanently Off Market

Rhode Island Association of REALTORS® #304540

Apr 2, 2003

Listed (Active)

Rhode Island Association of REALTORS® #304540

$249,900
Feb 1, 1996

Sold

Rhode Island Association of REALTORS® #501279

$60,000
Aug 2, 1995

Contract Signed

Rhode Island Association of REALTORS® #501279

Jan 23, 1995

Listed (Active)

Rhode Island Association of REALTORS® #501279

$99,900
DateEvent & SourcePrice
01/27/2026

Contract Signed

Rhode Island Association of REALTORS® #1397897

10/16/2025

Listed (Active)

Rhode Island Association of REALTORS® #1397897

$599,900
10/15/2025

Permanently Off Market

Rhode Island Association of REALTORS® #1393024

09/23/2025

Price Change

Rhode Island Association of REALTORS® #1393024

$649,900
08/20/2025

Listed (Active)

Rhode Island Association of REALTORS® #1393024

$699,900
07/17/2023

Sold (Public Record)

Public Record #1514675057

$487,000

+10.3% / yr

06/16/2020

Sold (Public Record)

Public Record #670782277

$360,000

+35.0% / yr

06/16/2020

Sold

Rhode Island Association of REALTORS® #1251787

$360,000
04/15/2020

Listed (Active)

Rhode Island Association of REALTORS® #1251787

$369,900
01/18/2019

Sold

Rhode Island Association of REALTORS® #1202148

$235,000
01/14/2019

Sold (Public Record)

Public Record #637962683

$235,000

+1496.8% / yr

10/23/2018

Contract Signed

Rhode Island Association of REALTORS® #1202148

08/24/2018

Listed (Active)

Rhode Island Association of REALTORS® #1202148

$275,000
08/29/2017

Sold (Public Record)

Public Record #604845986

$5,176

-25.1% / yr

08/27/2008

Sold (Public Record)

Public Record #254100302

$70,000
12/23/2004

Permanently Off Market

Rhode Island Association of REALTORS® #445775

08/09/2004

Listed (Active)

Rhode Island Association of REALTORS® #445775

$299,900
05/15/2003

Permanently Off Market

Rhode Island Association of REALTORS® #304540

04/02/2003

Listed (Active)

Rhode Island Association of REALTORS® #304540

$249,900
02/01/1996

Sold

Rhode Island Association of REALTORS® #501279

$60,000
08/02/1995

Contract Signed

Rhode Island Association of REALTORS® #501279

01/23/1995

Listed (Active)

Rhode Island Association of REALTORS® #501279

$99,900

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

Public Records for 57 Fairmount Avenue

Taxable ValueLand$112,300Additions$451,100Total$563,400
Tax Record2025$7,888 ($657 / month)
Home Facts
Baths4Total Finished SqFt2,903 SqFtAbove Grade Finished SqFt2,903 SqFtUnfinished Basement SqFt1,161 SqFtStories3Lot Size4,200 SqFtStyleMulti-Family Dwelling (2-4)Year Built1920ZoningR-2CountyPROVIDENCEAPNPROV M:64 L:399

Schools near 57 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.

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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.