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876 Douglas Ave, Providence, RI, 02908

5beds
3baths
2,112sqft
$550,000
$260price/sqft
$4,052/moest. monthly cost
$162,080/yrincome needed

About This Home

Don’t miss this solid investment or owner occupied opportunity. This well cared for three family home offers flexible living and strong rental potential, making it a great option for an owner occupant, multi generational living, or an investor looking for steady income. The units feature functional layouts and have been thoughtfully maintained throughout. Conveniently located near major roads, public transportation, schools, shopping, and everyday essentials, the property offers easy access to downtown Providence while still feeling residential. With ample parking and practical appeal, this is a smart opportunity worth exploring.

Getting Around

79
WalkingVery Walkable
38
TransitSome Transit
39
BikeSomewhat Bikeable

Schools

3/10
Veazie Street SchoolGrades K-50.2 mi
2/10
2/10

Construction

Condition

  • Year built: 1930

Materials

  • Construction materials: Dry Wall,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Water Heater,Oven/Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Partial,Interior Entry,Unfinished,Utility

Bathroom

  • Features: Bath w Shower Stall

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Wall (Dry Wall),Stairs,Plumbing (Mixed),Insulation (Walls)
  • Flooring: Ceramic Tile,Hardwood,Vinyl
  • Attic: Attic Stairs, Attic Storage

Heating & Cooling

  • Heating features: Natural Gas,Baseboard,Forced Water,Gas Connected
  • Cooling features: None

Interior Area

  • Total structure area: 2,242
  • Total interior livable area: 2,112 sqft

Property

Details

  • Attached to another structure: Yes

Features

  • Stories: 3
  • Patio & porch: Deck

Lot

  • Lot size: 3,201 sqft

Parking

  • Total spaces: 6
  • Parking features: No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Tsunami

FEMA Declared Disasters Across Rhode Island Counties

Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,781$33,372
Home Insurance *$296$3,552
Property Taxes $545$6,540
Electricity $430$5,161
Total$4,052$48,624
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$138,925/yr
40% on housing$121,560/yr
45% on housing$108,053/yr

Rhode Island FAIR Plan Programs

Rhode Island Joint Reinsurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 16,029Commercial: 109
Total Premiums$36.73M
Total Exposure$6.14B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 6.7%
6.7%
0%15.0%
Property Taxes Growth Rate2-year average: -2.5%
-2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$260This listing

vs Other Active Listings

Avg $/sqft

ZIP 02908$243
Providence County$248

vs Homes Sold Last Month

Median $/sqft

ZIP 02908$276
Providence County$271

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-07Price change$571,500
2026-02-02Price change$576,500
2026-01-09Listed for sale$580,000
2021-04-09Sold$280,000
2021-03-01Pending sale$249,900
2021-02-21Listed for sale$249,900

For Sale by Agent

AgentCarolina Menendez
BrokerageD'Empire Real Estate LLC

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