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294 Admiral St, Providence, RI, 02908

5beds
3baths
2,200sqft
$580,000
$264price/sqft
$4,343/moest. monthly cost
$173,720/yrincome needed

About This Home

A great opportunity for investors and owner-occupants alike. This well-maintained two-family property offers spacious bedrooms and living space, updated bathrooms, a maintenance-free vinyl exterior, and ample off-street parking. The finished basement with well-equipped kitchen and additional full bathroom adds valuable bonus space and presents potential for future expansion, recreation, or a possible in-law/ADU setup, subject to local approvals. Perfectly positioned just minutes from Providence College, downtown Providence, shopping, restaurants, and major commuter routes, this property combines convenience, cash-flow potential, and future value-add opportunities. A smart investment and a great place to call home.

Getting Around

70
WalkingVery Walkable
45
TransitSome Transit
58
BikeBikeable

Schools

2/10
1/10
Hope High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1940

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Dry Wall,Plaster,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater,Exhaust Fan,Microwave,Oven/Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Full,Walk-Out Access,Finished,Bath/Stubbed,Bedroom(s),Common,Kitchen,Storage Space

Bathroom

  • Features: Bath w Tub, Bath w Tub & Shower

Bedrooms & Bathrooms

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

Features

  • Wall (Dry Wall),Wall (Plaster),Stairs,Plumbing (Mixed),Insulation (Unknown)
  • Window features: Skylight(s)
  • Flooring: Ceramic Tile,Hardwood,Vinyl
  • Fireplace features: None

Heating & Cooling

  • Heating features: Natural Gas,Baseboard,Zoned
  • Cooling features: None

Interior Area

  • Total structure area: 2,257
  • Total interior livable area: 2,200 sqft

Property

Details

  • Parcel number: PROVM70L149
  • Attached to another structure: Yes

Features

  • Stories: 2
  • Fencing: Fenced

Lot

  • Lot size: 3,484 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 $2,932$35,184
Home Insurance *$312$3,744
Property Taxes $651$7,812
Electricity $448$5,376
Total$4,343$52,116
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$148,902/yr
40% on housing$130,290/yr
45% on housing$115,813/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

$264This 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
2026-08-01Listed for sale$580,000
2019-07-10Sold$250,000
2019-06-18Listed for sale$249,900
2018-11-16Sold$140,000
2018-10-11Listed for sale$149,900
2017-06-01Listing removed$144,900
2016-10-29Price change$144,900
2016-05-14Listed for sale$159,900
2014-09-15Sold$128,000
2013-04-19Listing removed$99,500
2013-01-17Listed for sale$99,500
2011-06-01Sold$63,636
2011-04-23Listed for sale$57,900
2010-08-09Listing removed$85,000
2010-06-09Listed for sale$85,000
2006-04-03Sold$171,000
1995-09-11Sold$65,000
1990-03-14Sold$115,000

For Sale by Agent

AgentValeria Kharchenko
BrokerageColdwell Banker Realty

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