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134-138 Irving Ave, Providence, RI, 02906

17beds
9baths
2sqft
$2,975,000
$1,487,500price/sqft
$19,470/moest. monthly cost
$778,800/yrincome needed

About This Home

Take advantage of Providence’s hot real estate market with this amazing income-generating opportunity! This property with two separate multi-family homes presents so many options for an East Side owner/owner-occupant. Wayland Square, Blackstone Boulevard, and Hope Village are among the many draws of this in-demand location. 134-138 Irving is a 6-unit brick home, each with 2-bedrooms, 1-bath, and either a private porch or a deck. Smart/stylish updates and hardwood floors in the living areas ensure ultimate appeal for today’s renter. Each building includes its own coin-op laundry for bonus income. 8-10 Cole has 3-units consisting of two 2-bedroom/1-bath units and one 1-bedroom/1-bath unit – its first-floor unit offers a front porch, warm hardwood floors, and an array of windows creating a pleasing backdrop throughout the living, dining, and kitchen spaces. The 2nd and 3rd-level units provide similar tasteful interiors, with a bonus deck for unit 2. Ample off-street parking accommodates resident automobiles with new experiences awaiting in the surrounding neighborhood. Take short strolls to the shops and cafes of Wayland Square, the Lippitt farmers market, India Point Park, college campuses, and museums. The downtown train station, acclaimed theaters, world-class dining, and renowned WaterFire complete this picture of fine city living.

Getting Around

39
WalkingCar-Dependent
33
TransitSome Transit
37
BikeSomewhat Bikeable

Schools

5/10
1/10
Hope High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Mixed
  • Construction materials: Dry Wall,Plaster,Brick,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater,Oven/Range,Refrigerator
  • Laundry features: In Building

Basement

  • Has basement: Yes
  • Basement: Full,Interior Entry,Unfinished,Laundry,Storage Space,Utility

Bathroom

  • Features: Bath w Shower Stall

Bedrooms & Bathrooms

  • Bedrooms: 17
  • Bathrooms: 9
  • Full bathrooms: 9

Features

  • Wall (Dry Wall),Wall (Plaster),Plumbing (Mixed)
  • Flooring: Ceramic Tile,Hardwood

Heating & Cooling

  • Heating features: Oil,Steam
  • Cooling features: None

Interior Area

  • Total structure area: 8,435
  • Total interior livable area: 2 sqft

Property

Details

  • Attached to another structure: Yes
  • Zoning: R-3

Features

  • Stories: 3

Lot

  • Lot size: 10,001 sqft
  • Features: Corner Lot,Sidewalks

Parking

  • Total spaces: 11
  • Parking features: No Garage,Driveway
  • Has uncovered spaces: Yes

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

  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
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 $15,043$180,516
Home Insurance *$1,088$13,056
Property Taxes $2,950$35,400
Electricity $389$4,675
Total$19,470$233,640
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$667,542/yr
40% on housing$584,100/yr
45% on housing$519,200/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

$1,487,500This listing

vs Other Active Listings

Avg $/sqft

ZIP 02906$372
Providence County$247

vs Homes Sold Last Month

Median $/sqft

ZIP 02906$403
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)

No zestimate history available

Price History

DateEventPrice
2025-09-23Listed for sale$2,975,000

For Sale by Agent

AgentEddie Rayden
BrokerageResidential Properties Ltd.

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