$349,900

507 Academy Avenue, Providence, RI 02908

  • 4 beds |
  • 2 baths |
  • 1,245 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $281/sqft
  • Property List Date Icon Listed 9 days ago

Property Description

Opportunity is knocking at 507 Academy Ave in Providence’s desirable Elmhurst neighborhood! This 4-bedroom, 1.5-bath home offers incredible value with strong bones and endless upside—a little TLC can go a long way. Zoned R-3, presenting prime potential for investors including possible multi-family conversion or ADU addition (buyer to perform due diligence). The existing layout and garage offer flexibility for expansion and increased rental income. Located just minutes from downtown Providence, major highways, and within walking distance to Providence College, Rhode Island College, and La Salle Academy. Whether you’re an investor looking for your next value-add project or an owner-occupant ready to build equity, this is your chance to secure a property with serious upside. Priced to sell—don’t miss out! Will not pass FHA. Schedule your viewing today!

Listing Status:
Pending
Date Added:
March 23, 2026
Data Last Updated:
April 1, 2026 at 7:15AM
Listing Office:
Innovations Realty : 401-414-7414
MLS ID:
1407187
  • General: AtticInterior StepsPermanent Attic StairsTub Shower
  • Appliances: DryerDishwasherGas Water HeaterMicrowaveOvenRangeRefrigeratorWasher
  • Basement: FullUnfinished
  • Flooring: HardwoodOtherCarpet
  • A/C: None
  • Heating: Forced AirGasSteam
  • Fireplace: Fireplaces: 0
  • Disability Feature: Accessible Approach with Ramp
  • General: Paved Driveway
  • Style: Colonial
  • Parking: DetachedGarageParking spaces: 5
  • General: DrywallWood SidingShingle Siding2CombinationStone
  • Originating MLS: RIS_RIS
  • County: Providence
  • Zoning: R3507ACADEMYAVPROV
  • Fencing: Fenced
  • Utilities: Sewer Connected100 Amp Service
  • Water: Public
  • Sewer: Connected
  • Source: RIS_RIS

This listing courtesy of Innovations Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Robert F. Kennedy Elementary School

195 Nelson St, Providence, RI, 02908

Grades KG-5

0.31 miles away

N

Nathanael Greene Middle School

721 Chalkstone Ave, Providence, RI, 02908

Grades 6-8

0.73 miles away

M

Mount Pleasant High School

434 Mount Pleasant Ave, Providence, RI, 02908

Grades 9-12

0.44 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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