407 Benefit Street, Providence, RI 02903

Local realty services provided by:CENTURY 21 Shutters & Sails
407 Benefit Street,Providence, RI 02903
$1,295,000
  • 5 Beds
  • 5 Baths
  • 3,647 sq. ft.
  • Multi-family
  • Active
Listed by: spencer kelleher
Office: william raveis inspire
MLS#:1413018
Source:RI_STATEWIDE

Price summary

  • Price:$1,295,000
  • Price per sq. ft.:$355.09

About this home

Introducing 407-409 Benefit St, a value-add opportunity in the heart of Brown and RISD's campus. This legal 4-unit property, with additional bonus space, offers exceptional upside for investors whether stabilizing as high-demand student rentals, short term rentals, or a condo conversion. Premier location on the East Side of Providence. Can be delivered vacant at closing. Separate mechanicals, shared laundry, and a large yard. A savvy investor can explore converting the finished bonus space into an ADU.

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Home facts

  • Year built:1784
  • Listing ID #:1413018
  • Added:58 day(s) ago
  • Updated:July 09, 2026 at 02:10 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Full bathrooms:5
  • Rooms Total:14
  • Flooring:Hardwood, Vinyl
  • Basement:Yes
  • Basement Description:Exterior Entry, Full, Interior Entry, Unfinished
  • Living area:3,647 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Baseboard, Electric, Gas

Structure and exterior

  • Year built:1784
  • Building area:3,647 sq. ft.
  • Lot area:0.11 Acres
  • Construction Materials:Shingle Siding

Utilities

  • Water:Public
  • Sewer:Connected, Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$1,295,000
  • Price per sq. ft.:$355.09
  • Tax amount:$14,419 (2025)

Features and amenities

  • Laundry features:Common Area
  • Amenities:Gas Water Heater

Parking

  • Parking description:No Garage
MLS LogoThe data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than CENTURY 21 Shutters & Sails are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 State-Wide MLS, Inc. All rights reserved. Date Last Update: July 9, 2026