Providence Homes under $500,000

Welcome to Providence, Rhode Island – a vibrant city steeped in history and culture, where the charm of New England meets modern urban living. Known for its stunning waterfront, diverse neighborhoods, and rich arts scene, Providence is a place where you can truly feel at home. As the capital of Rhode Island and the largest city in the state, it offers a unique blend of old-world charm and contemporary amenities, making it an ideal destination for both families and young professionals.

For those seeking affordable housing options, Providence has a variety of homes available for under $500,000. Whether you're looking for a cozy bungalow in a friendly neighborhood, a modern condo with waterfront views, or a classic Victorian that reflects the city’s historic character, you’ll find a range of choices to fit your lifestyle and budget. The real estate market here is thriving, with properties that not only offer great value but also the opportunity to invest in a city that’s on the rise.

In addition to its affordable housing, Providence boasts an array of attractions, from the renowned WaterFire installation to the delicious culinary scene featuring everything from gourmet dining to local food trucks. With excellent schools, beautiful parks, and a strong sense of community, Providence is not just a place to live; it’s a place to thrive. Explore your options today and discover why so many are choosing to call this enchanting city home!

Newest Providence Homes under $500,000

$299,900

6 Beds ⋅ 2 Baths ⋅ 1425656 MLS

INVESTORS, CONTRACTORS ETC!!!! This is a total degut, roof leaks, needs windows, kitchens, baths, flooring , walls etc. The structure overall is good, 3 bedrooms , 1 bath in each unit. Possible 3rd unit in walk out basement and also a walk up attic that could be converted into living space, Gas heat in home. This is a great renovation project

836 Douglas Avenue, Providence

$499,900

3 Beds ⋅ 3 Baths ⋅ 73589163 MLS

Welcome to this Beautiful 3-Bedroom, 3-Bath Colonial built in 2005! This move-in-ready home has been thoughtfully updated, offering the perfect blend of comfort, style, and functionality. Step inside to a bright, open living and dining area, ideal for entertaining family and friends. The modern, updated Kitchen features Granite countertops, a stylish Backsplash, Stainless steel appliances, and ample workspace, making it both beautiful and practical for everyday living. Enjoy year-round comfort with central air conditioning. Outside, the fully fenced backyard offers privacy and the perfect setting for gatherings, complete with a spacious deck and patio for relaxing or entertaining. Additional highlights include low-maintenance vinyl siding and a fully finished walk-out basement, offering versatile extra living space perfect for a family room, home office, or guest suite. This home truly has it all! Don’t miss your opportunity to make it yours!

463 Potters Ave, Providence

$499,900

3 Beds ⋅ 3 Baths ⋅ 1424412 MLS

463 Potters Avenue, Providence

$199,000

1 Beds ⋅ 1 Baths ⋅ 1425620 MLS ⋅ City View Condominiums BLDG.

Recently remodeled condo for sale in Providence featuring 1 bedroom and 1 full bathroom in a recently remodeled building with modern updates throughout. This spacious unit offers a bright, open layout with comfortable living spaces, making it an excellent opportunity for first-time buyers, downsizers, or investors. The entire building has been tastefully renovated, providing a fresh, contemporary feel while offering the convenience of handicap accessibility. Off-street parking adds everyday convenience for residents and guests. Ideally located in Providence's Charles neighborhood with easy access to shopping, dining, and daily essentials. Minutes to Downtown Providence, Providence College, and Rhode Island College. Convenient access to Interstate 95, Route 146, and Route 6. Close to Providence Place Mall, parks, healthcare facilities, public transportation, and approximately 15 20 minutes to T.F. Green Airport.

50 Ashburton Street Unit 1, Providence

$425,000

4 Beds ⋅ 2 Baths ⋅ 1425621 MLS

Exceptional two-family investment opportunity in Providence's Wanskuck/Elmhurst neighborhood. This well-positioned property offers approximately 2,168 square feet of living space, with two spacious units featuring two bedrooms and one full bathroom each. The property has benefited from numerous improvements, including an updated roof, vinyl siding, replacement windows, heating, hot water tanks, and paved parking. Situated on a 3,920-square-foot lot, the property provides off-street parking for approximately 5-6 vehicles, along with a fenced and paved exterior area. The convenient location offers easy access to major highways, downtown Providence, shopping, public transportation, and nearby schools. Whether you're looking to add a solid income-producing property to your portfolio or live in one unit while generating rental income from the other, 11 Eva Street presents an excellent opportunity in a well-established Providence neighborhood. R3 zoning.

11 Eva Street, Providence

$400,000

2 Beds ⋅ 1 Baths ⋅ 1425505 MLS ⋅ Bush-Updike House BLDG.

Classic College Hill living on one of Benefit Street's most coveted blocks. Tucked inside the historic Bush-Updike House, circa 1847, this two-bedroom, one-bath condo pairs timeless architecture with everyday ease. High ceilings and elegant picture-frame molding set the tone, while an open kitchen makes the most of the light-filled layout. Generous closets, a dedicated storage area, and in-unit laundry bring rare convenience to a home of this era. Your own private entrance opens to a shared courtyard with room for a garden, framed by views of the historic steeple next door, one of the neighborhood's most photographed landmarks. Step out onto cobblestone streets and you're moments from the Providence Athenaeum, RISD Museum, WaterFire, and Thayer Street's shops and cafes, with Brown University, RISD, and Johnson & Wales all close by. This is a walk-everywhere address where a car becomes optional, and for those who keep one, monthly spaces are available to rent in nearby garages and lots. The best of both worlds: downtown Providence's energy at your doorstep, surrounded by the tree-lined parks, museums, and cultural institutions that make this pocket of the city so beloved.

283 Benefit Street Unit E, Providence

$425,000

2 Beds ⋅ 1 Baths ⋅ 1425557 MLS ⋅ 610-612 Hope St Condos BLDG.

Fabulous first-floor condo unit featuring hardwood floors throughout, a spacious living room with charming brick fireplace, and a separate dining room. The unit also boasts a newly renovated kitchen with butler's pantry, high ceilings, period details, along with a newer boiler, hot water tank, roof and front porch. Enjoy a lovely backyard, one-car garage plus additional parking space in front of the garage, and extra storage in the basement. Ideally located on desirable Hope Street close to dining, shopping, schools, parks and everything you need.

610 Hope Street, Providence

$369,900

2 Beds ⋅ 1 Baths ⋅ 1425140 MLS ⋅ 333 ATWELLS BLDG.

Welcome to 333 Atwells Avenue, Unit 210, a spacious loft-style condominium in the heart of Providence's Federal Hill. Offering 1,250 square feet of living space, this well-maintained home features high ceilings, oversized windows, an open concept kitchen, dining, and living area, a generous primary bedroom, and a large separate second room that has been used as a sleeping area, home office, or flexible bonus space. Tucked away on the back side of the building, the unit offers a quieter setting while still being close to Federal Hill's restaurants and cafes, downtown Providence, the train station, and major highway access. Deeded parking in the secure underground garage and a private storage unit are included. Additional features include in-unit laundry, central air conditioning, abundant closet space, elevator access, secure fob entry, professional management, and pet-friendly living. Whether you're looking for a low-maintenance primary residence, a city pied- a-terre, or an investment property in Providence, Unit 210 offers an excellent combination of space, security, convenience, and location.

333 Atwells Avenue Unit 210, Providence

1000 Providence Place Unit 487, Providence

$440,000

2 Beds ⋅ 2 Baths ⋅ 1425424 MLS ⋅ The 903 Residences BLDG.

Welcome to the Tiverton, a highly desirable fourth floor unit in The 903! This lovely 2 bedroom, 2 full bath unit features high ceilings, tons of natural light, and its own balcony overlooking a private courtyard. An open floorplan lends itself to easy living; the functional kitchen features stainless steel appliances and flows right into the spacious living room. Each bedroom features its own ensuite bathroom and walk-in closet and in-unit laundry is an added convenience. This unit comes with 2 assigned parking garage spaces and numerous amenities including a beautiful 24-hour fitness center, outdoor pool and spa, screening room, community room, dog park, and a well established concierge/security team. Located in downtown Providence, The 903 is walking distance to Providence Place Mall, the Providence Riverfront, commuter rail and Amtrak, and numerous shops, theaters, restaurants, and universities.

1000 Providence Place Unit 487, Providence

$425,000

5 Beds ⋅ 2 Baths ⋅ 1425386 MLS

Welcome to 174 Lowell Ave, a beautifully refreshed and versatile Providence home offering an abundance of space, modern updates, and exciting future potential. With 5 6 bedrooms and 2 full bathrooms, including a completely new second full bath, this home is ideal for a large household, owner-occupant, or investor looking for flexibility with multi-family potential. Step inside to find a freshly painted interior and newly stained hardwood floors that bring warmth and character throughout the home. The brand-new kitchen is a standout feature, offering stylish butcher block countertops and new appliances, creating a fresh and functional space for everyday living and entertaining. The property is located on Lowell Avenue in Providence's West Side and is surrounded by established residential streets and offers convenient access to the city's amenities, shopping, dining, schools, and major commuter routes. Potential for multi-family use adds another layer of opportunity for buyers seeking versatility and future upside. With its extensive recent improvements, flexible layout, substantial bedroom count, new kitchen and second full bath, hardwood floors, and driveway parking, 174 Lowell Ave is a property with both immediate appeal and long-term potential.

174 Lowell Avenue, Providence

$389,500

3 Beds ⋅ 1 Baths ⋅ 1425445 MLS

Welcome to an exceptional home in Mount Pleasant where modern elegance meets everyday comfort. Minutes to downtown, local schools, shopping, and dining, this property delivers extensive peace of mind with maintenance free exterior, new energy efficient windows, central air, updated electrical and a new Rheem water heater installed March 2026. Enjoy efficiency with a full RISE insulation upgrade. The kitchen showcases an exceptional luxury feel. It features one-of-a-kind, handcrafted custom cabinets, a standalone stainless steel ventilation hood, and matching appliances. The space is beautifully tied together by a backsplash running elegantly under the hood, paired seamlessly granite counters with tile flooring. Equally impressive, the spa-like bathroom delivers pure luxury with floor to ceiling glass tiling, elegant marble flooring, and an oversized vanity boasting a gorgeous marble top all framing a double walk in glass shower. Every detail is curated to provide a five-star hotel experience at home. The lower level is highly functional, featuring a dedicated laundry room with walk out bulkhead access, a separate utility/storage room, a built-in workbench station ideal for a hobby shop, and an extensive layout to make your own. The side door deck is low maintenance Trex decking with vinyl railings, a backyard, and on oversized 1 car garage perfect for vehicle storage or an ADU under new RI laws. All you need to do is move in, unpack, and relax!

60 Hendrick Street, Providence

$349,900

2 Beds ⋅ 2 Baths ⋅ 1422272 MLS

Welcome to this sweet and inviting bungalow in Providence's Hartford neighborhood! Sun-drenched interiors, tall ceilings, and an abundance of natural light create a bright, airy feel throughout the main level. The home offers two spacious bedrooms, an updated full bath, and a cozy living room with plenty of character. The updated kitchen features crisp white cabinetry and matching appliances. The finished lower level provides valuable additional living space with a family room, small kitchenette, second full bath with stand-up shower, and laundry area perfect for guests, a home office, recreation space, or whatever suits your needs. Outside, enjoy a picturesque lot, low-maintenance vinyl siding, insulated glass windows, paved driveway, and a one-car garage. Sidewalks add to the neighborhood's walkability and convenience. **The property qualifies for Washington Trust's Home Opportunity Program. Please see attached flyer.** Ideally located with easy access to Route 6 and just a short drive to Downtown Providence, this charming home offers comfortable living, flexible space, and great convenience in a central location.

68 Bowlet Street, Providence

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