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6 Beds
4 Baths
2,845 sqft

$429,000

197 Althea Street, Providence RI, 02909

Price per sqft$150.79
Built in1929
Property size2,845 sqft
Property typeResidential

Overview

Active

Listed Jul 31, 2026

Updated 2 days ago

Unlock the possibilities in this exceptionally spacious single-family property offering approximately 2,245 square feet of living space, six bedrooms, and three-and-a-half bathrooms. Ideal for investors, developers, or an owner-occupant seeking additional space and long-term value, this property offers multiple potential configurations. Situated on an R-3 zoned lot, the home may offer potential for conversion into a two-family or three-family residence, subject to municipal zoning, permitting, and approval requirements. The expansive basement also presents possible accessory dwelling unit or additional living-space potential. Adding even more value is a separate rear garage structure with more than 900 square feet of space, offering exciting possibilities for storage, a workshop, studio, office, or potential accessory dwelling unit conversion, subject to all required approvals. With its substantial square footage, flexible layout, multiple bedrooms and bathrooms, and additional detached structure, this property is a rare opportunity for investors looking to renovate, reposition, and maximize its income-producing potential. Bring your vision and explore the many possibilities this unique property has to offer. Buyer and buyer's agent to perform all due diligence regarding zoning, legal use, unit conversion, ADU possibilities, permits, and municipal requirements. Property to be sold in as-is condition.

$2,854/mo

Est. mortgage payment based on a $429,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1419517

Interior Features

Bedrooms
6
Bathrooms
4
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.1 Acres

Other Property Details

Taxes
$6,112
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No

Courtesy of Real Broker, LLC, 401-744-8469

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than Compass are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.

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Data last updated 4:39 AM UTC, 10/8/2026.

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