About this home

Welcome to 407 Benefit St, a legal 4-unit building in the heart of Brown and RISD's campus, being offered for sale "as is". This 4 unit building, with an additional finished bonus space, offers significant upside and rent growth for investors. The location speaks for itself. Incredibly strong rental demand. Separate mechanicals, shared laundry, and a large yard. Potential to convert the finished space into an ADU.

Facts and features

Schools

• French-American School of Rhode Island

  elementary · K-8 · 0.2 mi

• Vartan Gregorian Elementary School

  elementary · K-5 · 0.4 mi

  8

• Village Green Virtual

  high · 9-12 · 0.6 mi

  6

• Trinity Academy for the Performing Arts

  elementary · 5-12 · 0.7 mi

  5

• Youthbuild Preparatory Academy

  high · 9-12 · 0.6 mi

  1

• Hamilton School At Wheeler

  elementary · 1-8 · 0.6 mi

Price history

• Aug 14, 2026 · Listed$1,100,000
• Jul 18, 2026 · Listing Removed—
• May 20, 2026 · Listing Removed—
• May 19, 2026 · Listed$1,295,000
• Apr 6, 2026 · Listed$1,395,000
• Jan 14, 2014 · Sold$325,000

Tax history

• 2025$14,419 tax · $1,029,900 assessed
• 2023$13,689 tax · $746,000 assessed
• 2022$13,279 tax · $746,000 assessed
• 2021$12,651 tax · $515,100 assessed
• 2020$12,651 tax · $515,100 assessed
• 2019$12,651 tax · $515,100 assessed
• 2018$14,040 tax · $439,300 assessed
• 2017$14,040 tax · $439,300 assessed

Home value

$1,089,000

• Collateral Analytics$1,089,000

Where it is