Real Estate in RI: $2.5M Historic East Side Tudor – RPL’s Derek Simpson, for buyer

RPL Closes $2.5M Sale of Historic East Side Tudor

PROVIDENCE, R.I. (December 16, 2025) – Residential Properties Ltd. is proud to announce the sale of 767 Elmgrove Avenue on Providence’s East Side for $2.5 million. RPL Sales Associate Derek Simpson represented the seller and RPL Sales Associate Jim DeRentis represented the buyer in this transaction.

According to State-Wide MLS data, RPL has now participated in 10 of the 16 highest single-family home sales in Providence year to date, with Simpson involved in six of those sales and DeRentis involved in eight of those sales.

This special 1930s Tudor offers 5 bedrooms, 5.2 baths, and eye-catching period detail throughout its elegant floor plan. Hardwood moldings and floors carry you from the entry hall to the spacious living room, formal dining room, and wood-paneled study. A butler’s pantry sits off the cooks kitchen, offering a large center island with built-in professional-grade appliances and a paneled refrigerator. An amazing fully enclosed porch marries indoor and outdoor living with floor-to-ceiling windows and attractive stone flooring. Walkout access connects to an outside stone patio and the landscaped backyard. The second and third floors present an array of appealing, comfortable bedrooms, including the primary suite with a dressing room and ensuite bath featuring a large glass-enclosed shower and a dual-sink stone vanity. The outstanding location just off Blackstone Boulevard puts all the charms of the East Side in easy reach.

A lifelong Rhode Islander, Derek Simpson is a skilled real estate advisor who ensures long-term client success by building trust and creating well-rounded portfolios. He spent a decade purchasing and flipping units in downtown Providence before completing his first home flip on the East Side in 2022. In 2025, RealTrends Verified ranked him among the top 30 individual agents in Rhode Island for sales volume with $22,590,000. In addition to his impressive record of selling high-rise condos throughout RI, he has a true gift for preserving the character of historic homes while tastefully updating them for modern needs. To learn more about Derek and to view his listings, please visit DerekSimpson.ResidentialProperties.com.

Jim DeRentis is RPL’s #1 sales agent and sold more $1M listings on the East Side of Providence than any other Rhode Island agent in 2024. He has been a recipient of the Circle of Sales Excellence Platinum Plus Award each year since 2011 when he was named Rookie of the Year. For the past 11 years, Jim has been included on the “REALTrends Verified” list of the country’s top real estate professionals and in 2020 was named to “The 1000.” For the past five years consecutively, he has been named the #1 individual agent in the state for transaction sides, and according to State-Wide MLS data was the only agent to achieve $100 million in Rhode Island sales in 2024. Each year since 2022, he has earned the ranking of #1 agent in Rhode Island for transaction sides. To learn more about Jim and to view his listings, please visit ThePVDRealEstateGuy.com.

About Residential Properties Ltd.
Residential Properties Ltd. is the largest privately held real estate company in Rhode Island and has been serving sellers and buyers of distinctive properties since 1981 through service, innovation, and sheer hard work. The Company, with nine local offices in Barrington, Cumberland, East Greenwich, Jamestown, South County, Newport, Providence, the West Side (PVD), and Westport, Massachusetts, is proud to service all of Rhode Island, the Connecticut shoreline, and southeastern and central Massachusetts. In addition, as founding members of Leading Real Estate Companies of the World and Luxury Portfolio International, RPL and its award-winning Relocation Department assist buyers and sellers on transactions throughout the country and around the globe. More information is available at ResidentialProperties.com.