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147 Parade St, Providence, RI, 02907

6beds
2baths
3,281sqft
$575,000
$175price/sqft
$4,645/moest. monthly cost
$185,800/yrincome needed

About This Home

Large 2-family home conveniently located near schools, shopping, restaurants, public transportation, and major highways. This spacious property features oversized bedrooms, with the 1st-floor unit offering 2 bedrooms and 1 full bath, and the townhouse-style 2nd and 3rd-floor unit featuring 4 bedrooms and 1 full bath. Whether you're an owner occupant looking to offset your mortgage with rental income or an investor seeking a solid addition to your portfolio, this property offers excellent potential and plenty of living space throughout.

Getting Around

87
WalkingVery Walkable
54
TransitGood Transit
80
BikeVery Bikeable

Schools

4/10
2/10
3/10
Central High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Brick/Mortar
  • Construction materials: Dry Wall,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

Bathroom

  • Features: Bath w Tub, Bath w Shower Stall

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Wall (Dry Wall),Plumbing (Mixed)
  • Flooring: Ceramic Tile,Hardwood
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 3,390
  • Total interior livable area: 3,281 sqft

Property

Details

  • Parcel number: PROVM31L583
  • Attached to another structure: Yes

Lot

  • Lot size: 2,613 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 $2,907$34,884
Home Insurance *$426$5,112
Property Taxes $644$7,728
Electricity $668$8,018
Total$4,645$55,740
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$159,257/yr
40% on housing$139,350/yr
45% on housing$123,866/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

$175This listing

vs Other Active Listings

Avg $/sqft

ZIP 02907$221
Providence County$248

vs Homes Sold Last Month

Median $/sqft

ZIP 02907$285
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
2026-08-04Price change$570,000
2026-06-11Listed for sale$575,000
2014-05-12Sold$60,000
2014-04-01Listed for sale$69,000
2014-02-12Sold$45,000
2013-08-30Listing removed$69,000
2013-07-02Listed for sale$49,900
2013-06-28Sold$28,000
2013-05-25Listed for sale$27,900
2013-03-19Sold$254,878
2012-07-26Listing removed$27,900
2012-07-24Listed for sale$27,900
2012-01-15Listing removed$27,900
2011-12-30Price change$27,900
2011-12-23Listed for sale--
2004-04-01Sold$175,000
2001-05-08Sold$35,000
2001-03-30Sold$27,000
1997-10-24Sold$38,500
1989-02-02Sold$77,500

For Sale by Agent

AgentHelene Dominguez
BrokerageD'Empire Real Estate LLC

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