Presenting 56 Barton Street, a well-maintained legal three-family property in the Federal Hill / West End neighborhood of Providence. This turnkey asset consists of a three story building with two 2-bedroom/1-bathroom units, and one 1 bedroom/1-bathroom unit. Each unit features separate heating and mechanicals, replacement windows, and efficient layouts. The property delivers an attractive 7%+ cap rate with solid rental income and low operating headaches. Plenty of off-street parking for all three units and washer/dryer in the basement. Fantastic location on quiet street, but with easy access to highway (US-6), and walkable to all the restaurants, shops, and entertainment on Broadway and Westminster St. * * Must be sold with adjoining three-family property at 54 Barton Street. * * Call today to schedule a showing!
Multi-familyProperty Type
1930Year Built
2,800 sq ftLot Size
$332Price/Sq.Ft.
4 spacesParking
Listed by Spencer Kelleher• William Raveis Inspire
Federal Hill, located between Downtown Providence and the West End, is a historic and culinary Providence neighborhood with brick rowhouses and a restaurant-lined main drag. The neighborhood’s character concentrates around Atwells Avenue at Dean Street, where espresso bars, old-school Italian bakeries, trattorias, and late-night lounges keep the sidewalks busy. Community pillars include The Columbus Theatre, Venda Ravioli, and The Avery. Side streets mix triple-deckers with compact courtyards and pocket gardens, while DePasquale Plaza frames outdoor tables and string lights. The I-95 overpass and the Woonasquatucket River edge shape the geography, with pedestrian routes feeding into downtown. A short walk leads to the State House lawns and the riverwalks around Waterplace Park.
Provided by Walk Score and Local Logic
Market insights
56 Barton St · $775,000
DAYS ON MARKET
33 days
The average home goes pending in 19 days.
SALE-TO-LIST
101.8%
Most homes are selling 2% above list price.
LIST PRICE
$795,000
Median list price in this area is $619,943. (22% lower than this home)
PRICE DROP
1 price drop
13% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Hardwood flooring
Full, finished basement with interior entry
Total of 12 rooms
Bedrooms
Property contains three rental units: one 1-bedroom unit and two 2-bedroom units
Bathrooms
Three full bathrooms total (each unit has one full bathroom)
Kitchen
Gas water heater (appliance listed)
Laundry & utility
Common area laundry
Flooring
Hardwood
Heating & cooling
Heating: Baseboard, Ductless, Electric, Gas, Hot Water, Space Heater
Cooling: Ductless and window units
Exterior features
Small lot (0.0643 acres)
Above-grade finished area approximately 2,335
Home design
Clapboard exterior
Parking
No garage
Total of 4 off-street parking spaces
Construction
Clapboard construction
Utilities
Public water
Public sewer (connected)
Electrical service: 100 amp
Financial info
Three-unit multifamily property (3 total units in 1 building)
Unit rents noted: 1-bedroom unit rent $1,850; two 2-bedroom units rent $2,125 and $2,150
Electricity and solar
View estimated energy costs and solar savings for this home
This property must be sold with MLS#1334090.. .Great Investment property on the West Side of Providence. Here's your chance to own two-3 Unit Multi-Family homes, one right next to the other. All 3 units are fully rented and always are! Parking off street, washer/dryer in the basement, great hardwood flooring, well maintained. Close to all Providence has to offer. .. dining, shopping and employment opportunities are a bike ride or walking distance for your tenants! Conventional or Cash offers only.
RIS #1296785
Feb 19, 2022
Pending
—
Feb 19, 2022
Listing Removed
—
Feb 5, 2022
Contingent
—
Oct 21, 2021
Listed
$575,000
$246/sq ft
RIS #1084462
Jul 15, 2015
Sold
$110,000
$47/sq ft
Jun 30, 2015
Pending
—
May 5, 2015
Relisted
—
May 4, 2015
Listing Removed
—
Dec 23, 2014
Contingent
—
Dec 17, 2014
Relisted
—
Dec 3, 2014
Listed
$105,000
$45/sq ft
Dec 3, 2014
Listing Removed
—
Year
Property tax
Land + Additions
Assessment*
2025
$8,064 (−3.3%)
$256,100 + $319,900
$576,000
2024
$8,338
$206,900 + $247,500
$454,400
2023
$8,338 (+3.1%)
$206,900 + $247,500
$454,400
2022
$8,088 (+26.6%)
$206,900 + $247,500
$454,400
2021
$6,388
$132,000 + $128,100
$260,100
2020
$6,388
$132,000 + $128,100
$260,100
2019
$6,388 (+33.6%)
$132,000 + $128,100
$260,100
2018
$4,781
$76,400 + $73,200
$149,600
2017
$4,781
$76,400 + $73,200
$149,600
2016
$4,781 (+0.4%)
$76,400 + $73,200
$149,600
2015
$4,763 (−1.9%)
$76,400 + $67,500
$143,900
2014
$4,857
$76,400 + $67,500
$143,900
2013
$4,857 (−12.7%)
$76,400 + $67,500
$143,900
2012
$5,562
$56,800 + $117,600
$174,400
2011
$5,562
$56,800 + $117,600
$174,400
Public record
Public record
Zoning
Beds
6
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
2,614 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
2,313
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,313
Year built
1930
Style
Multi-Family (2-4 Unit)
County
Providence County
APN
578844
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 2026.
R-3
Residential District
The R-3 Residential District is intended for higher density residential areas of detached single-family, twofamily, and three-family residential development, as well as rowhouse development. Limited nonresidential uses, which are compatible with surrounding residential neighborhoods, may be allowed.
Permitted uses
Include but are not limited to:
Agriculture
Community / recreation center
Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Educational/school
Fire house
Police station
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 96° expected this year, 15 days in 30 years
6/10 Wind Factor
71% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Providence, RI • 02909
Average low and high temperatures (°F)
35
22
36
23
51
34
60
42
68
52
80
63
84
68
80
63
74
59
65
48
54
39
40
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
83/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.7 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 56 Barton St
$788,155
$13K over list price of $775K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $590K to $820K.