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72 Academy Ave, Providence, RI, 02908

6beds
3baths
3,360sqft
$615,000
$183price/sqft
$4,814/moest. monthly cost
$192,560/yrincome needed

About This Home

Well-maintained 3-family home located in the desirable Elmhurst/PC area of Providence! Each unit features 2 bedrooms and 1 full bathroom with comfortable layouts and strong rental potential. This occupied property offers an excellent opportunity for investors or owner-occupants seeking income-producing potential with room for future value. Off-street parking adds everyday convenience for tenants and guests. Situated within a neighborhood known for established homes and tree-lined streets, this property is just minutes to Providence College and close to Rhode Island College. Enjoy easy access to Downtown Providence, local dining favorites including La Salle Bakery, shopping, and entertainment. Conveniently located near Route 6, Interstate 95, and Interstate 295 for easy commuting

Getting Around

86
WalkingVery Walkable
45
TransitSome Transit
56
BikeBikeable

Schools

5/10
2/10

Construction

Condition

  • Year built: 1920

Materials

  • Construction materials: Brick,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full,Interior Entry,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Hardwood,Vinyl

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 4,696
  • Total interior livable area: 3,360 sqft

Property

Details

  • Parcel number: PROVM64L509
  • Attached to another structure: Yes

Lot

  • Lot size: 3,049 sqft

Parking

  • Total spaces: 2
  • 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
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
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 $3,109$37,308
Home Insurance *$331$3,972
Property Taxes $690$8,280
Electricity $684$8,211
Total$4,814$57,768
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$165,051/yr
40% on housing$144,420/yr
45% on housing$128,373/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

$183This listing

vs Other Active Listings

Avg $/sqft

ZIP 02908$244
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
2026-08-13Price change$614,900
2026-07-23Price change$615,000
2026-07-14Listed for sale$625,000
2026-07-10Pending sale$625,000
2026-05-28Price change$625,000
2026-05-13Listed for sale$650,000
2018-02-27Sold$190,000
2009-09-01Sold$2,183
2009-03-18Listing removed$72,900
2009-02-25Price change$72,900
2009-02-07Listed for sale$78,900
2008-10-27Sold$93,500
2006-01-24Sold$295,000

For Sale by Agent

AgentKyle Seyboth
BrokerageCentury 21 Limitless

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