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Residential Land for Sale in Providence, Rhode Island

42 Derry St, Providence, RI 02908

$120,000
0.055 acres
Active
Est $926/mo

Looking to build a duplex, triplex, or single-family home in an established and super convenient Providence neighborhood? This prime R-4 zoned lot at 42 Derry Street is the kind of opportunity that doesn't come around often. R-4 zoning allows for up to four residential units, giving you the flexibility to build anything from a single-family to a four-unit multifamily property--ideal for investors, developers, or owner-occupants who want to live in one unit and rent out the others. Just a short walk to Providence College and a quick drive to downtown, highways, hospitals, and shopping, the location is hard to beat. Public sewer and water are available right at the street, which makes the process even smoother. The lot will require approvals and a land survey, and buyers are responsible for conducting their own due diligence and obtaining necessary permits. Whether you're planning to build and hold, sell for profit, or create a custom space to call home, this lot checks all the boxes. If you're ready to take the next step, let's talk--this one won't last!

Location

Street address
42 Derry St
Community
Smith Hill
Elevation
66 feet
Coordinates
41.8379, -71.4202

Property details

Lot size
0.055 acres2,396 sq ft
Zoning
Multi-Family, Residential
MLS #
SWMLS 1391761
Posted

Property taxes

2025
$1,288

Parcels

  • 680255

Details and features

Listing

Type
Land
Subtype
Unimproved Land
Franchise
RE/MAX International

Exterior

Features
Urban

Structure

Style
Other

Listing history

DateEventPriceChangeSource
Aug 4, 2025New listing$120,000SWMLS
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This 0.055-acre property is located at 42 Derry St in Providence, RI 02908. The property is available for sale for $120,000.

Checked 32 mins ago — Updated

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Copyright (C) 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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