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23 Iona St, Providence, RI, 02908

4beds
2baths
2,030sqft
$579,000
$285price/sqft
$4,302/moest. monthly cost
$172,080/yrincome needed

About This Home

Don’t miss this well-maintained two-family home offering excellent income potential or an owner-occupant opportunity with rental income. Each unit features 2 bedrooms, 1 full bathroom, an eat-in kitchen, formal dining room, and spacious living room — a comfortable, functional layout for tenants or owners alike. Both units are equipped with separate utilities and separate laundry hookups, giving each tenant full independence and making management a breeze. Major mechanical upgrades include two brand-new natural gas boilers, providing efficient heating and peace of mind for years to come, along with a newer roof that adds even more value and reduces near-term capital expenses. Outside, enjoy a low-maintenance yard enclosed by PVC fencing and a freshly sealed driveway, offering great curb appeal and off-street parking for both units. Adding to the appeal, this property comes with current lead certificates valid for two years, saving buyers time and money on compliance right out of the gate. Whether you’re an investor looking for immediate rental income or a buyer looking to live in one unit while renting the other, 23 Iona Street offers a rare combination of recent updates and long-term value. Schedule your showing today!

Getting Around

70
WalkingSomewhat Walkable
40
TransitSome Transit
48
BikeSomewhat Bikeable

Schools

3/10
Veazie Street SchoolGrades PK-50.3 mi
2/10
2/10

Construction

Condition

  • Year built: 1955

Materials

  • Foundation: Unknown
  • Construction materials: Plaster,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: In Building

Basement

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

Bathroom

  • Features: Bath w Tub & Shower

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Wall (Plaster),Plumbing (Mixed),Insulation (Unknown)
  • Flooring: Hardwood
  • Fireplace features: None

Heating & Cooling

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

Interior Area

  • Total structure area: 2,030
  • Total interior livable area: 2,030 sqft

Property

Details

  • Parcel number: PROVM118L136
  • Attached to another structure: Yes

Features

  • Stories: 2

Lot

  • Lot size: 4,791 sqft

Parking

  • Total spaces: 4
  • 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 $2,927$35,124
Home Insurance *$312$3,744
Property Taxes $650$7,800
Electricity $413$4,961
Total$4,302$51,624
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$147,497/yr
40% on housing$129,060/yr
45% on housing$114,720/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

$285This 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)

No zestimate history available

Price History

DateEventPrice
2026-08-06Pending sale$579,000
2026-07-16Listed for sale$579,000
2018-07-26Listing removed$1,300
2018-06-13Listed for rent$1,300

For Sale by Agent

AgentDave Boni
BrokerageRISE REC

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