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$750,000
9 Beds ⋅ 3 Baths
3 Units x 3 Bedrooms Each Unit x 3 Lots = WOW! This three-family home offers reliable cash flow and exceptional long-term value. Each unit has it's own heating system and electrical meters, maximizing rental income and ensuring steady tenant demand. The sale conveys with three separate lots! Most notably, one of these extra lots offers the potential to be built upon separately, providing a rare opportunity for future ground-up development or added resale value. With strong multi-family income and expansion potential on the surplus land, this property delivers unmatched versatility!

750 Dyer Avenue, Cranston

Listing courtesy of REMAX Revolution. Contact:

$799,900
6 Beds ⋅ 3 Baths
Great investment opportunity for an owner-occupied three-family property in desirable Edgewood area of Cranston! Property features hardwood floors, common laundry in the basement and off-street parking for four vehicles and additional two car garage. This is property owned and managed by a property management company. Willing to provide maintenance records and financial statements upon request.

73 Wheeler Avenue, Cranston

Listing courtesy of Beryllium Realty Group. Contact:

$780,000
7 Beds ⋅ 3 Baths
A ONE-OF-A-KIND MULTIFAMILY OPPORTUNITY! Welcome to 37 39 Old Oak Avenue, an exceptionally maintained two-family property where every inch has been thoughtfully utilized to maximize space, functionality, and versatility. Each spacious unit offers three bedrooms, beautifully updated interiors, and comfortable living accommodations. Beyond the two main units, this property features additional accessory space currently enjoyed as a private man cave, along with a finished basement offering additional partitioned office space perfect for those seeking flexibility beyond traditional multifamily living. Additional highlights include a newer roof, solar panels serving each unit, off-street parking, and outdoor entertaining space. Currently tenant-occupied, this property presents an exciting opportunity for investors seeking an income-producing asset or future owner-occupants looking to combine homeownership with rental income. Conveniently located near shopping, dining, and major highways, this is not your average two-family! A unique property offering space, versatility, and income potential all under one roof.

37 Old Oak Avenue 39, Cranston

Listing courtesy of Innovations Realty. Contact:

$650,000
7 Beds ⋅ 4 Baths
Welcome to 323 Narragansett Street in Cranston! This inviting property offers a great opportunity for buyers looking for a place to call home in a convenient location. With its comfortable living spaces and potential to make it your own, this home is ready for its next chapter. Conveniently located near shopping, dining, schools, parks, and major highways, making everyday living and commuting a breeze. Don't miss the opportunity to see what this Cranston property has to offer!

323 Narragansett Street, Cranston

Listing courtesy of Century 21 Envoy. Contact:

$525,000
6 Beds ⋅ 3 Baths
Multiple offers: Final Offers Due Tuesday August 18th at 3pm: Welcome to your perfect investment or owner-occupied opportunity in the highly sought-after Auburn section of Cranston! This two-family home is move-in ready and waiting for its next owner. The property boasts fresh, modern finishes that perfectly complement its classic New England charm. Both units offer bright, inviting living spaces allowing you or your tenants to settle right in without lifting a finger. Whether you are looking to generate steady rental income or need a spacious setup for multi-generational living, this turnkey home truly delivers. A major highlight for investors and homeowners alike is the complete separation of utilities. The property is equipped with two distinct heating systems and two separate electrical systems, making tenant management and utility billing an absolute breeze. Located in the heart of Cranston's desirable Auburn neighborhood, you will enjoy ultra-convenient access to excellent local schools, parks, fabulous dining and shopping at nearby Garden City Center, and major highways for an incredibly easy commute. Schedule your viewing today!

295 Magnolia Street, Cranston

Listing courtesy of REMAX Revolution. Contact:

$805,000
6 Beds ⋅ 2 Baths
Exceptional Two-Family Investment Opportunity with Two Additional Lots! Don't miss this rare opportunity to own a well-maintained two-family home being sold with two additional lots. Each unit features 3 bedrooms and 1 full bathroom, with functional floor plans, spacious living areas, and abundant natural light. Recent updates include fresh interior paint, new carpeting in select areas, and new oil tanks installed in 2025, providing added value and peace of mind. A charming front porch offers the perfect place to relax, while a large storage shed with a roll-up door and concrete floor provides excellent space for equipment, tools, or additional storage. Conveniently located near shopping, restaurants, schools, parks, public transportation, and major commuter routes, this property combines comfort, convenience, and long-term potential. The sale includes two additional lots. Buyers and buyers' agents must conduct their own due diligence regarding lot size, boundaries, zoning, buildability, permitted uses, utilities, and any other matters relating to the additional parcels. The seller makes no representations or warranties regarding the development potential or permitted uses of the lots. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this property presents a unique opportunity with added land value. Schedule your private showing today!

16 Colony Street, Cranston

Listing courtesy of REMAX Revolution. Contact:

$2,799,000
21 Beds ⋅ 17 Baths
230 Phenix Avenue is a 17-unit multifamily investment in western Cranston, offered at $2,800,000 ($164,706/unit). The building four 2-bed and thirteen 1-bed units is 14 of 17 occupied and producing $280,200 in gross income today, a 6.16% cap rate on in-place rents. The upside is clear and financeable: every occupied unit sits below market, and marking rents to market while leasing the three vacant units lifts gross income to $401,400 and the cap rate to 10.49% on the same operating cost base roughly $121,200 of additional annual NOI. Held flat, operating expenses run $107,679 (taxes, insurance, utilities, landscaping/snow, cleaning, routine maintenance). Minutes from downtown Providence and anchored by Rhode Island's largest employers CVS Health, Citizens Financial Group, Care New England, Brown, IGT and Amica the asset draws a deep, stable renter pool. A rare in-place, cash-flowing building with a defined path to a double-digit return.

230 Phenix Avenue, Cranston

Listing courtesy of Smith and Oak Real Estate Co.. Contact:

$649,900
6 Beds ⋅ 3 Baths
Welcome to 142 Richard Street, Cranston, a beautifully updated two-family home offering exceptional value and versatility for both owner-occupants and investors. This move-in-ready property features spacious units with modern updates throughout, including renovated kitchens, updated bathrooms, fresh finishes, and well-maintained living areas. Separate utilities provide convenience and flexibility for rental or owner-occupied use. A standout feature of this property is the finished attic, providing valuable additional living space that can be used as a family room, home office, recreation area, guest space, or other flexible uses. The extra finished area adds functionality and enhances the home's overall appeal. The property also offers ample off-street parking, a private yard, and excellent income-producing potential. Conveniently located near schools, shopping, restaurants, parks, public transportation, and major highways, this home combines comfort, convenience, and investment opportunity. Higher and best Monday at 2pm

142 Richard Street, Cranston

Listing courtesy of My Dream Home Realty. Contact:

$545,000
6 Beds ⋅ 2 Baths
Well-maintained, family-occupied two-family home located in the desirable Laurel Hill neighborhood of Cranston. Each unit offers 3 bedrooms, 1 full bathroom, an eat-in kitchen, and spacious living areas with plenty of natural light. The property features a full unfinished basement with interior access and a laundry area. Additional highlights include a 2-car detached garage and an extra fenced-in lot offering ample outdoor space and potential for future use, including possible buildable lot. Conveniently located near shopping, dining, and major highways. Buyer to perform their own due diligence regarding the potential buildable lot.

79 Chestnut Hill Avenue, Cranston

Listing courtesy of JPAR Prime Real Estate. Contact:

$619,000
6 Beds ⋅ 3 Baths
**PLEASE SUBMIT ALL OFFERS VIA EMAIL TO FRANK BY 1PM ON WEDNESDAY APRIL 22nd** Well-maintained 3-family investment opportunity in a convenient Cranston location! Subject to seller finding suitable housing. The home has been lovingly owned and occupied by the same owner for many years. Situated on a fenced-in corner lot just minutes from major highways, this property offers both accessibility and strong income potential, currently way below its tremendous market potential. This property features three spacious units, each offering approximately 1,170 square feet of living space with 2 bedrooms, 1 full bath, kitchen, hardwood floors and a double parlor. The exterior is in excellent condition with vinyl siding, many replacement windows and great porches, a detached 3 car garage and 3 additional on-site parking spaces. Ideal for an owner-occupied investor or value-add buyer, the first and second floor units are ready for occupancy, while the third floor vacant for several years will require additional investment to bring it back online. Additional features include a full unfinished basement with ample storage space, 3 separate heating systems, electrical panels and washer/dryer hook-up in the basement. A rare opportunity to build equity and maximize rental income in a desirable commuter location with outstanding upside potential for any investor.

303 Webster Avenue 305, Cranston

Listing courtesy of REMAX Revolution. Contact:

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