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164 Magnolia St, Providence, RI, 02909

6beds
4baths
1,950sqft
$749,900
$385price/sqft
$5,517/moest. monthly cost
$220,680/yrincome needed

About This Home

Discover modern living in this stunning new construction two-family home, thoughtfully designed with quality craftsmanship and contemporary finishes. Each spacious unit offers 3 bedrooms and 2 full bathrooms, including a private primary suite with its own en-suite bath, plus two additional bedrooms and a second full bathroom. Designed with comfort and style in mind, each unit features hardwood floors, central heating and air conditioning, in-unit laundry, and a full package of brand-new appliances. The expansive unfinished basement offers excellent potential for future living space, storage, or additional possibilities. Conveniently located in the heart of the city, you'll enjoy quick access to hospitals, schools, major highways, the airport, shopping, pharmacies, restaurants, and downtown Providence. Whether you're looking for an owner-occupied home or an outstanding investment opportunity, this property offers the perfect combination of quality construction, location, and value. Estimated completion: September 2026. Schedule your private showing today!

Getting Around

77
WalkingVery Walkable
46
TransitSome Transit
70
BikeVery Bikeable

Schools

2/10
Webster Avenue SchoolGrades K-50.2 mi
3/10
Central High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 2026

Materials

  • Construction materials: Dry Wall,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Water Heater,Dishwasher,Dryer,Microwave,Refrigerator,Washer
  • Laundry features: In Unit

Basement

  • Has basement: Yes
  • Basement: Full,Interior and Exterior,Unfinished

Bathroom

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

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Wall (Dry Wall),Plumbing (PVC),Insulation (Ceiling),Insulation (Walls)
  • Flooring: Ceramic Tile,Hardwood
  • Fireplace features: None

Heating & Cooling

  • Heating features: Electric,Natural Gas,Central Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,950
  • Total interior livable area: 1,950 sqft

Property

Details

  • Parcel number: PROVM105L262
  • Attached to another structure: Yes

Features

  • Stories: 2
  • Patio & porch: Patio,Porch

Lot

  • Lot size: 3,001 sqft

Parking

  • 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
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

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 $3,791$45,492
Home Insurance *$450$5,400
Property Taxes $879$10,548
Electricity $397$4,765
Total$5,517$66,204
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$189,154/yr
40% on housing$165,510/yr
45% on housing$147,120/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

$385This listing

vs Other Active Listings

Avg $/sqft

ZIP 02909$239
Providence County$248

vs Homes Sold Last Month

Median $/sqft

ZIP 02909$214
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
2026-07-21Listed for sale$749,900
2025-08-26Sold$116,000
2025-05-20Pending sale$124,900
2025-05-15Listed for sale$124,900
2013-09-03Sold$7,537

For Sale by Agent

AgentDhamarys Murillo
BrokerageGreco Real Estate

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