507 Academy, Providence, RI, 02908

Opportunity is knocking at 507 Academy Ave in Providence’s desirable Elmhurst neighborhood! This 4-bedroom, 1.5-bath home offers incredible value with strong bones and endless upside—a little TLC can go a long way. Zoned R-3, presenting prime potential for investors including possible multi-family conversion or ADU addition (buyer to perform due diligence). The existing layout and garage offer flexibility for expansion and increased rental income. Located just minutes from downtown Providence, major highways, and within walking distance to Providence College, Rhode Island College, and La Salle Academy. Whether you’re an investor looking for your next value-add project or an owner-occupant ready to build equity, this is your chance to secure a property with serious upside. Priced to sell—don’t miss out! Will not pass FHA. Schedule your viewing today!

Residential
$349,900
Location
City/TownProvidence
CountyProvidence
Community FeaturesBus, Highway Access, Hospital, Private School, Public School, Restaurants
Interior
Living Area1,245 sq. ft.
Rooms7
HeatingNatural Gas, Forced Air, Steam
CoolingNone
Interior FeaturesWall (Dry Wall), Wall (Paneled), Wall (Wood), Attic, Attic Stairs, Stairs
Additional Information
Tax Assessment$355,700
ZoningR3
Exterior
Acreage0.13
Listed By: Innovations Realty

Information is deemed reliable but is not guaranteed.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. ©2025 State-Wide Multiple Listing Service. All rights reserved.

Reset password

Enter your email address and we will send you a link to change your password.