9 days on rocket

38 Mawney St, Providence, RI, 02907

$875,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
3 Full Baths
Multi

Location

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38 Mawney St, Providence$875,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year Built1900
HeatingElectric, Forced Air, Natural Gas, Other
CoolingDuctless, Single Unit
BasementYes
MLS #1375132
Lot Size0.38 Acres
StatusActive

About 38 Mawney St

Investment Opportunity! Here's your chance to add to your portfolio or begin your investment journey. Originally the Edwin Turner mansion, this 1880 Italianate is an 8 unit building in the heart of historic Elmwood. The property is a mix of studio apartments, 2 room efficiencies and one bedroom units - each unit with its own mini-split system for heat and A/C. There is a third floor that has roughed rooms but has never been developed. This could be an opportunity to add an ADU. And then there's the land, and there's a lot of it. With an over 16,000 sq ft lot the new owner has potential to work with the City to explore future development. The property has long term tenants with 6 on a month to month lease and 2 on a yearly rotation. Please reach out to the listing agent for additional information. All showings will be arranged as group showings for ease to the tenants. This is one to see!

Property Details

Property Features

Property Information:

  • Year Built: 1900

Listing Office:

  • Office Name: Domain Properties
  • Office Phone: (401) 331-7100

Interior Features

Interior Information:

  • Appliances: Water Heater
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Vinyl
  • Interior: Attic, Permanent Attic Stairs

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.38 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air, Natural Gas, Other
  • Cooling: Ductless, Single Unit

Price Information

Listing Price Info

Price Summary:

  • List Price: $875,000

Tax Information:

  • Annual Amount: $11,282
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Providence, RI.

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Providence, RI

City

Med. Sold Price

$490.4K

Med. Price/SqFt

$277

Avg. Days On Market

29

# of Sold Homes

123

38 Mawney St vs Providence

9 DAYS ON ROCKET

-20 Days

$875,000

+$384.5K More

KEY TAKEAWAY

This property is $384.5K more than the Median Sold Price in Providence, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1375132

Listing Office:

  • Office Name: Domain Properties
  • Office Phone: (401) 331-7100

Disclaimer: The 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 this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/6/2025, 5:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 05, 2009Home Sold
$89,000
Apr 25, 1996Home Sold
$47,000

Tax History

YEARPROP. TAXASSESSMENT
2020$11,282$307,400
2019$7,550$307,400
2018$8,847$276,800
2017$8,847$276,800

History based on county public records data.

Payment Calculator

$4,435

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,690

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-687254
3
/10

  • Leviton Dual Language School

  • 65 Greenwich St

  • 0.23 miles

  • Public District Grades KG-5

school-card-donut-687255
1
/10

  • Alfred Lima Sr. Elementary School

  • 222 Daboll St

  • 0.23 miles

  • Public District Grades 2-5

school-card-donut-687256
5
/10

  • Robert L. Bailey Iv

  • 65 Gordon Ave

  • 0.46 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,815. Most Providence, RI residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Rhode Island›Providence County›Providence›02907›38 Mawney St

This home is located at 38 Mawney St in Providence, RI and zip code 02907 in the Elmwood neighborhood. This home, which was built in 1900, sits on a 0.38 acre lot. Features: 1 bedroom, 3 bathrooms. It has been listed on Rocket Homes since December 28, 2024 and is currently priced at $875,000.

Over 66 listings were sold over their listed price in December 2024 in Providence, RI. In the same period over 38 listings were sold below the listed price and 19 listings were sold for the listed price. In December 2024 in Providence, RI there were 13.9% less homes for sale than in November 2024. In December 2024, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $490,441.

From Rocket Homes Real Estate and based on county public records data.

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