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About this home
Introducing 86 Transit Street, a two-family property in the heart of Providence's East Side, just steps from Brown University and RISD. Great opportunity for owner-occupants. This versatile property includes a finished bonus space on the 1st floor, offering additional flexibility for investors or owner-occupants alike. Recent capital improvements include a new Utica direct-vent condensing gas heating system (January 2026) and a new hot water tank (2025), providing efficiency and peace of mind. The property features shared laundry and 2-3 off-street parking spaces. With strong rental demand driven by its prime location, 86 Transit Street is well-suited for owner-occupants and traditional rentals, or potential short term rental use. A savvy buyer may also explore the potential to convert the bonus space into an accessory dwelling unit, creating additional value. The property will be delivered vacant
Multi-familyProperty Type
1800Year Built
1,504 sq ftLot Size
$290Price/Sq.Ft.
2 spacesParking
Listed by Spencer Kelleher• William Raveis Inspire
Fox Point, located between College Hill and the Providence River, is a historic and waterfront Providence neighborhood with brick-lined streets and a working-harbor edge. The neighborhood’s character concentrates along Ives Street near Wickenden Street, where espresso bars, small galleries, and specialty shops keep the sidewalks busy. Architectural cues run from Federal-era and Victorian houses to converted industrial buildings, with pocket parks and church spires breaking up the blocks. India Point Park frames the shoreline with long paths and open lawns beside the bridges. Community pillars include the Avon Cinema, the Hot Club, and the Providence River Boat Company. Brown University’s edges and the riverwalk lend a walkable, campus-meets-maritime rhythm.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Hardwood flooring
Interior entry basement
Partial, unfinished basement
One fireplace
Bedrooms
Total rooms: 10
Three separate dwelling units (3 units total)
Bathrooms
Three full bathrooms
Kitchen
Gas water heater (appliance listed)
Laundry & utility
Common area laundry
Flooring
Hardwood
Heating & cooling
Hot water baseboard heating (gas)
Wall cooling units
Exterior features
Lot approximately 1,504 sq ft
Home design
Clapboard exterior
Single building with multiple units
Parking
No garage
Two off-street parking spaces (total)
Construction
Stone foundation
Utilities
Public water
Public sewer (connected)
100 amp electric service
Electricity and solar
View estimated energy costs and solar savings for this home
The R-2 Residential District is intended for areas of detached single-family and two-family, including semidetached, residential development of moderate density. Limited non-residential uses, which are compatible with surrounding residential neighborhoods, may be allowed.
Zone overlays
Historic District Overlay District
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
Post office
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 97° expected this year, 15 days in 30 years
6/10 Wind Factor
74% 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 • 02906
Average low and high temperatures (°F)
35
22
37
23
50
34
60
43
68
53
80
63
84
69
79
62
74
59
65
49
54
39
40
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
81/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.2 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 86 Transit St
$774,758
$242 under list price of $775K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $775K to $955K.