559 Branch Ave, Providence, RI, 02904
About This Home
Exceptional mixed-use opportunity offering flexibility for investors, owner-occupants, and business owners alike. The first floor features a versatile commercial space with a history of successful use as both a church and retail storefront. Large front windows provide excellent visibility, natural light, and endless possibilities for a variety of business concepts. The commercial level also includes additional storage space, a dedicated rear room, and a bathroom. Above, the property offers two updated residential apartments. The second-floor unit features three bedrooms, an updated kitchen, spacious living and dining area, and a generously sized bathroom. The third-floor unit offers two bedrooms, an updated kitchen, and a comfortable living room. The property is equipped with a hardwired fire alarm and smoke detection system that is up to code and recently inspected, providing peace of mind for owners and tenants. Outside, enjoy a sizable backyard with a covered pergola, creating additional space for outdoor gatherings, recreation, or potential tenant amenities. Conveniently located with easy access to major highways, shopping, restaurants, and downtown Providence, this property presents a rare opportunity to own a versatile income-producing asset with multiple potential uses.
Getting Around
Very Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1920
Materials
- Foundation: Brick/Mortar
- Construction materials: Plaster,Shingles
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater,Oven/Range,Refrigerator
- Laundry features: In Building
Basement
- Has basement: Yes
- Basement: Full,Interior Entry,Unfinished
Bathroom
- Features: Bath w Shower Stall, Bath w Tub & Shower
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Wall (Plaster),Plumbing (Mixed),Insulation (Unknown)
- Flooring: Ceramic Tile,Hardwood,Vinyl
Heating & Cooling
- Heating features: Natural Gas,Baseboard,Forced Water
- Cooling features: None
Interior Area
- Total structure area: 3,294
- Total interior livable area: 2,500 sqft
Property
Details
- Parcel number: PROVM98L420
- Attached to another structure: Yes
Features
- Stories: 3
Lot
- Lot size: 3,049 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
- Heat Wave
- Inland Flooding
- Cold Wave
- Hurricane
- Ice Storm
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Rhode Island Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,523 | $30,276 |
| Home Insurance * | $218 | $2,616 |
| Property Taxes | $592 | $7,104 |
| Electricity | $509 | $6,109 |
| Total | $3,842 | $46,104 |
Income You'd Need if You Spent...
Rhode Island FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-02 | Price change | $499,000 |
| 2026-07-14 | Listed for sale | $540,000 |
| 2026-05-24 | Listing removed | $449,000 |
| 2026-05-20 | Pending sale | $449,000 |
| 2026-04-22 | Contingent | $449,000 |
| 2026-04-14 | Listed for sale | $449,000 |
| 2026-04-13 | Listing removed | $469,000 |
| 2026-03-17 | Listed for sale | $469,000 |
| 2026-03-16 | Listing removed | $489,000 |
| 2026-03-03 | Listed for sale | $489,000 |
| 2026-03-03 | Listing removed | $489,000 |
| 2026-02-19 | Contingent | $489,000 |
| 2026-02-03 | Listed for sale | $489,000 |
| 2026-02-03 | Listing removed | $499,000 |
| 2026-01-15 | Listed for sale | $499,000 |
| 2026-01-13 | Listing removed | $499,000 |
| 2025-12-03 | Listed for sale | $499,000 |
| 2025-10-01 | Pending sale | $499,000 |
| 2025-09-16 | Contingent | $499,000 |
| 2025-08-26 | Listed for sale | $499,000 |
| 2025-06-01 | Listing removed | $529,000 |
| 2025-01-29 | Price change | $529,000 |
| 2024-11-22 | Listed for sale | $549,900 |
| 2021-04-26 | Sold | $230,000 |
| 2021-03-06 | Pending sale | $230,000 |
| 2021-02-19 | Listed for sale | $230,000 |
| 2000-03-01 | Sold | $77,000 |
| 1998-03-26 | Sold | $35,000 |
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