Downtown Homes under $400,000

Downtown Homes under $400,000

Welcome to Downtown, Rhode Island – a vibrant subdivision that perfectly blends urban sophistication with a welcoming community spirit. Nestled in the heart of the state, this charming locale is an ideal destination for those seeking the excitement of city life paired with the comforts of a close-knit neighborhood.

Downtown boasts a rich tapestry of history, culture, and convenience. With its lively streets lined with boutique shops, eclectic eateries, and art galleries, residents enjoy a lifestyle filled with creativity and inspiration. The thriving local scene is complemented by easy access to parks and recreational areas, making it a wonderful place for families, professionals, and retirees alike.

For those on the hunt for affordable housing options, Downtown offers an impressive selection of homes under $400,000. This is a rare find in today’s real estate market, allowing you to own a piece of this dynamic community without breaking the bank. From charming historic homes to modern condos, the diverse range of properties caters to various tastes and lifestyles. Many of these homes feature inviting layouts, updated amenities, and outdoor spaces perfect for entertaining or relaxing after a busy day.

Living in Downtown means embracing a lifestyle where everything you need is just a stone’s throw away. Whether you're sipping coffee at a local café, exploring the vibrant nightlife, or enjoying community events, you'll find that Downtown is not just a place to live—it's a place to thrive. Come discover your dream home in this enchanting subdivision today!

Newest Downtown Homes under $400,000

65 Weybosset Street Unit 309, Providence
$319,000
1 Beds ⋅ 1 Baths ⋅ 1422696 MLS ⋅ Arcade Providence Residences BLDG.
The historic Arcade building in the heart of downtown Providence is an iconic setting for modern, urban living. This fabulous loft-style condo sits on the top floor of the oldest indoor mall in America above one-of-a-kind boutique shops and local restaurants. Step into this beautifully designed open floor plan unit featuring a recently remodeled kitchen along with a cozy living and dining space. Warm vinyl plank flooring throughout the unit is illuminated by a massive skylight above the finished loft. Handsome built-in bookshelves sit across a modern European-style bathroom with stacked in-unit laundry. Wide barn-style, glass-paned doors slide open to welcome you to the large bedroom overlooking Weybosset and Dorrance Street. This amazing location provides ease of access to all corners of the city. Walk along the scenic river, appreciate historical architecture and be dazzled by the wonderful WaterFire lightings. Enjoy Providence's best restaurants and nightlife spanning from downtown to the East Side and West Side. Stroll through historical Brown University campus or visit RISD museums. Stop by shops and restaurants along Fox Point, College Hill, and Federal Hill. Close to Trader Joe's, Whole Foods, local parks. Easily commute to local hospitals by day and walk to the train station to visit Boston, New York, and beyond.

65 Weybosset Street Unit 309, Providence
12 Canal Street Unit 206, Westerly
$345,000
1 Beds ⋅ 1 Baths ⋅ 1420982 MLS ⋅ 12 Canal BLDG.
Wow! Fantastic, adorable 1-bath studio condos in downtown Westerly don't come around often! Have you been searching for the ultimate launchpad where your social life and low-maintenance living collide? This property is officially at the center of the universe! Step into a bright, cleverly optimized layout that proves you don't need Sheldon Cooper's IQ to maximize spatial efficiency. Perfectly engineered for comfort. The main living area features large windows that flood the space with natural light, a sleek kitchen setup ideal for whipping up your favorite takeout or home-cooked meals, and a modern, pristine full bathroom. It's the ultimate cozy retreat after a busy day though we can't promise anyone won't try to claim your exact spot on the couch! Located right in the heart of dynamic downtown Westerly, you are just steps away from local favorites: Park, Cafe's, Restaurants, breweries, shopping, theaters, gyms and train station. Whether you are looking for a carefree primary residence, a coastal getaway, or a smart investment property, this condo represents an incredibly rare opportunity. Leave the car keys behind and immerse yourself in the best nightlife, culture, and coastal living Rhode Island has to offer. Don't wait for a shifting of tectonic plates to miss out on this one. Schedule your showing today BAZINGA!!

12 Canal Street Unit 206, Westerly
65 Weybosset Street Unit 220, Providence
$329,000
1 Beds ⋅ 1 Baths ⋅ 1419655 MLS ⋅ Arcade Providence Residences BLDG.
Welcome to 65 Weybosset Street, Unit 220, located in the historic Arcade Building in the heart of downtown Providence. One of the building's largest residences, this spacious 675-square-foot unit seamlessly blends timeless architectural character with modern convenience. Designed for comfortable city living, the home features an in-unit washer and dryer, an efficient layout, and the unique charm of one of Providence's most iconic landmarks. Whether you're searching for a stylish primary residence, a downtown pied- -terre, or an investment property with excellent short-term rental potential, this versatile unit offers exceptional flexibility. Currently the building is a mix of owner occupied residents, annual leases and short term rentals. Residents have secure key fob access to the residential floors and a first-floor common room, mail room and package room. Just steps from acclaimed restaurants, shopping, entertainment, universities, and the city's thriving arts and business districts, you'll enjoy the best of urban living

65 Weybosset Street Unit 220, Providence
300 Front Street Unit 114, Pawtucket
$350,000
2 Beds ⋅ 2 Baths ⋅ 1416840 MLS ⋅ Blackstone Landing BLDG.
Welcome to Unit 114 at Blackstone Landing, a highly desirable first floor condominium with private exterior access. This condominium features soaring ceilings and an inviting open concept layout with a large living area. It offers two spacious bedrooms and two full baths, including a generous primary suite with its own bathroom and a large walk-in closet. The newly updated kitchen was renovated in 2024,new cabinetry, beautiful new granite, and new appliances. Also in-unit laundry comes with a newer washer and dryer. Other features in ceramic tile floors, exposed beams, and charming brick walls complement oversized windows that flood the space with natural light. Enjoy the landscaped outdoor space, convenient elevator access, and secure locked main entry. Step out your private door to two tandem parking spots. This prime location offers quick access to I-95, shopping, dining, the train station, and a quick commute to Boston or Providence.

300 Front Street Unit 114, Pawtucket
65 Weybosset Street Unit 311, Providence
$199,000
1 Beds ⋅ 1 Baths ⋅ 1411100 MLS ⋅ Arcade Providence BLDG.
Welcome to Arcade Providence Residences, located at 65 Weybosset St #311. This beautifully updated 1 bed 1 bath loft is situated in a truly iconic historic building the oldest indoor mall in the United States. This third-floor unit offers an open layout with a modern kitchenette and living area. Both the built-in sofa and full/queen bed have storage below. Move-in ready with secure access via key fob for convenient city living. Perfect for investors, or anyone seeking a stylish, low-maintenance space in Providence. These thoughtfully designed micro-lofts maximize both space and functionality. The Arcade places you just seconds away from some of New England's best dining, entertainment, and nightlife. Enjoy the perfect blend of simplicity, charm, and efficiency, all in an unbeatable downtown location. KEY RENTAL FEATURES: Fully Furnished - with built-in furniture. Micro-Kitchens - To maximize space. Utilities Included - water, sewer & trash. Amenities - Residents have secure key fob access to the residential floors and a first-floor common room with laundry facilities. RENTAL OPTIONS: Long-Term Leases - Many units are offered as standard 12-month rentals. Short-Term & Airbnb - The building is a popular spot for short-term stays, and many owners use their units as Airbnb rentals. Pricing - Long-term rents vary by unit size and owner but typically range from about $1,200 to $2,200 per month. *Some photos have been virtually staged.

65 Weybosset Street Unit 311, Providence
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