407 Benefit Street, Providence, RI 02903

Providence
Local realty services provided by:ERA Key Realty Services
407 Benefit Street,Providence, RI 02903
$1,295,000
  • 5 Beds
  • 5 Baths
  • 3,647 sq. ft.
  • Multi-family
  • Active
Listed by: spencer kelleher
Office: william raveis inspire
MLS#:1413018
Source:RI_STATEWIDE

Price summary

  • Price:$1,295,000
  • Price per sq. ft.:$355.09

About this home

Introducing 407-409 Benefit St, a 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 stabilizing as high-demand student rentals, short term rentals, or a condo conversion. Premier location on the East Side of Providence. Can be delivered vacant at closing. Separate mechanicals, shared laundry, and a large yard. A savvy investor can explore converting the finished bonus space into an ADU.

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Home facts

  • Year built:1784
  • Listing ID #:1413018
  • Added:1 day(s) ago
  • Updated:May 19, 2026 at 06:09 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:$1,295,000
  • Price per sq. ft.:$355.09
  • 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 Key Realty Services 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 19, 2026

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