507 Academy Avenue, Providence, RI 02908

• 4 beds |
• 2 baths |
• 1,245 sqft

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

Interior

• 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

Exterior

• General: Paved Driveway
• Style: Colonial
• Parking: DetachedGarageParking spaces: 5

Construction

• General: DrywallWood SidingShingle Siding2CombinationStone

Location

• Originating MLS: RIS_RIS
• County: Providence

Lot

• Zoning: R3507ACADEMYAVPROV
• Fencing: Fenced

Utilities

• Utilities: Sewer Connected100 Amp Service
• Water: Public
• Sewer: Connected

Financial

• Source: RIS_RIS