61 Stanwood St, Providence, RI, 02907
About This Home
Welcome to 61 Stanwood Street, a large, solid, and well-maintained three-family home located in a central and convenient area of Providence. This property offers an excellent opportunity for both investors seeking strong rental potential and owner-occupants looking to offset their mortgage with rental income. The building features spacious units, well-kept interiors, and additional attic space for storage. Recent improvements include a young roof and updated siding, providing peace of mind and reduced maintenance costs for the next owner. Conveniently located near schools, hospitals, restaurants, shopping, and entertainment, with easy access to major highways, this property is ideal for tenants and homeowners alike. Strong location, solid construction, and income-producing potential make this a must-see multifamily property. Whether you’re expanding your portfolio or looking for a smart owner-occupied investment, 61 Stanwood Street delivers space, location, and long-term value.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1922
Materials
- Construction materials: Dry Wall,Plaster,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 Tub & Shower
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Features
- Wall (Dry Wall),Wall (Plaster)
- Flooring: Ceramic Tile,Laminate,Vinyl
- Attic: Attic Stairs
Heating & Cooling
- Heating features: Electric,Natural Gas,Baseboard
- Cooling features: None
Interior Area
- Total structure area: 3,087
- Total interior livable area: 4,067 sqft
Property
Details
- Parcel number: PROVM49L540
- Attached to another structure: Yes
Features
- Stories: 4
Lot
- Lot size: 3,920 sqft
Parking
- Total spaces: 6
- Parking features: Detached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Heat Wave
- 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 | $4,348 | $52,176 |
| Home Insurance * | $637 | $7,644 |
| Property Taxes | $965 | $11,580 |
| Electricity | $828 | $9,939 |
| Total | $6,778 | $81,336 |
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 |
|---|---|---|
| 2026-01-22 | Listed for sale | $860,000 |
| 2026-01-21 | Listing removed | $860,000 |
| 2025-12-18 | Listed for sale | $860,000 |
| 2023-12-27 | Sold | $477,000 |
| 2023-08-04 | Pending sale | $450,000 |
| 2023-01-25 | Listing removed | -- |
| 2023-01-11 | Listed for sale | $425,000 |
For Sale by Agent
View on Zillow