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117 Gray St, Providence, RI, 02909

3beds
1baths
1,045sqft
$249,999
$239price/sqft
$1,967/moest. monthly cost
$78,680/yrincome needed

About This Home

Opportunity awaits at 117 Gray Street in Providence! This well-loved home has been cared for by the same family for generations and is ready for its next chapter. Offering solid bones and endless potential, it's the perfect opportunity for buyers looking to add their own style and personal touches. Situated on a large corner lot with a spacious side yard, the property offers ample space for outdoor entertaining, gardening, or future possibilities, including the potential for an ADU (buyer to perform all due diligence and verify with the City of Providence). Conveniently located near shopping, restaurants, schools, parks, hospitals, downtown Providence, and major highways, you'll enjoy easy access to everything the city has to offer. Property is being sold as is and may contain asbestos-wrapped pipes and knob-and-tube wiring in the basement. Bring your vision and make this home your own! If you're looking to purchase a home like this with little to no money down, contact me directly to learn about available financing options.

Getting Around

72
WalkingVery Walkable
43
TransitSome Transit
51
BikeBikeable

Schools

Construction

Condition

  • Year built: 1934

Materials

  • Foundation: Mixed
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape Cod
  • Property subType: Single Family Residence

Interior

Basement

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

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Laminate
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 1,045

Heating & Cooling

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

Interior Area

  • Total structure area: 1,045
  • Total interior livable area: 1,045 sqft

Property

Details

  • Parcel number: PROVM95L266

Lot

  • Lot size: 3,484 sqft

Parking

  • Total spaces: 3
  • 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 $1,264$15,168
Home Insurance *$150$1,800
Property Taxes $164$1,968
Electricity $389$4,675
Total$1,967$23,604
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$67,440/yr
40% on housing$59,010/yr
45% on housing$52,453/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

$239This listing

vs Other Active Listings

Avg $/sqft

ZIP 02909$244
Providence County$248

vs Homes Sold Last Month

Median $/sqft

ZIP 02909$214
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
2026-08-12Pending sale$249,999
2026-07-30Listed for sale$249,999
2022-10-05Sold$244,000
2022-08-26Pending sale$240,000
2022-07-20Price change$240,000
2022-06-08Listed for sale$255,000
1999-12-09Sold$80,000

For Sale by Agent

AgentMauro Orellana
BrokerageCentury 21 Envoy

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