407 Benefit Street, Providence, RI 02903

Providence
Local realty services provided by:ERA Empire Real Estate
407 Benefit Street,Providence, RI 02903
$1,395,000
  • 5 Beds
  • 5 Baths
  • 3,647 sq. ft.
  • Multi-family
  • Active
Listed by: spencer kelleher
Office: william raveis inspire
MLS#:1409306
Source:RI_STATEWIDE

Price summary

  • Price:$1,395,000
  • Price per sq. ft.:$382.51

About this home

Introducing 407 409 Benefit Street, a rare value-add opportunity in the heart of Brown and RISD's campus. This legal 4-unit property, with additional bonus space, offers exceptional upside for investors, whether pursuing a condominium conversion or stabilizing as high-demand rentals in one of Providence's most sought-after locations. The building can be delivered vacant at closing, providing immediate flexibility to renovate, reposition, and maximize returns. Features include separate mechanicals, on-site laundry, and a large yard, an uncommon amenity in this prime location. Opportunities like this are increasingly scarce don't miss your chance to capitalize on a premier asset in an unbeatable location.

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Home facts

  • Year built:1784
  • Listing ID #:1409306
  • Added:37 day(s) ago
  • Updated:May 14, 2026 at 02:00 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Full bathrooms:5
  • Rooms Total:14
  • Flooring:Hardwood, Vinyl
  • Basement:Yes
  • Basement Description:Exterior Entry, Full, Interior Entry, Unfinished
  • Living area:3,647 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Baseboard, Electric, Gas

Structure and exterior

  • Year built:1784
  • Building area:3,647 sq. ft.
  • Lot area:0.11 Acres
  • Construction Materials:Shingle Siding

Utilities

  • Water:Public
  • Sewer:Connected, Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$1,395,000
  • Price per sq. ft.:$382.51
  • Tax amount:$14,419 (2025)

Features and amenities

  • Laundry features:Common Area
  • Amenities:Gas Water Heater

Parking

  • Parking description:No Garage
MLS LogoThe data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than ERA Empire Real Estate are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 State-Wide MLS, Inc. All rights reserved. Date Last Update: May 14, 2026

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