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$850,000
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:

$669,000
8 Beds ⋅ 3 Baths
Discover a fantastic investment or owner-occupied opportunity at 113-115 Beckwith Street in Cranston. This meticulously maintained 1920 Craftsman two-family home offers over 3,000 sq ft of living space, with roughly 1,500 sq ft on each side. Both units have been owner-occupied for 30+ years, contributing to the exceptional care and preservation of the property. Highlights include stunning original woodwork, updated kitchens with stainless steel appliances and granite counters, updated baths, skylights, newer roof, newer gas furnaces, gas fireplaces and an alarm system. Each side offers 3-4 bedrooms; one has 1.5 baths and the other 1 bath. Set on a large corner lot, the home features a professionally maintained fenced in yard with sprinklers, a deck for entertaining, a huge enclosed front porch, a two car garage with storage and workbench, and two separate driveways. The full basement provides separate washer/dryer connections for each unit and a bulkhead dormer for easy outside access. Conveniently located near shopping, dining, schools, and major highways, this well preserved Craftsman offers incredible character, charm, versatility, and long term value. Some images are virtually staged to show potential.

113 Beckwith Street 115, Cranston

Listing courtesy of BHHS Commonwealth Real Estate. Contact:

$574,900
6 Beds ⋅ 2 Baths
Walk to some of Cranston's best restaurants from this updated 6 bedroom, two unit home in Knightsville. Just 10 minutes from Garden City and Chapel View, with easy access to the highway, this property combines updates with everyday convenience. Features include granite countertops, hardwood floors, and open floor plans throughout. Mechanically, the home offers peace of mind with 3 and 7 year old boilers, a 4 year old tankless hot water heater for Unit 1, a 3 year old hot water heater for Unit 2, a 6 year old roof, and a brand new exterior fence. A fantastic opportunity for owner occupants or investors alike, rental income from the second unit can help offset a portion of the mortgage payment, making this a smart and versatile investment in a highly desirable location.

16 Sherwood Street, Cranston

Listing courtesy of Weichert REALTORS-Atlantic Prp. Contact:

$1,250,000
7 Beds ⋅ 5 Baths
**Rare Western Cranston 4-Unit Victorian Owner Occupied or Investment Opportunity** Exceptional opportunity to own a beautifully updated legal 4-unit Victorian in desirable Western Cranston, just steps from Meshanticut Lake and located in the Cranston West school district. The property features one vacant 4-bedroom unit, perfect for an owner-occupant, while the remaining three units are occupied and generate $4,350 per month. The vacant unit has an estimated market rent of approximately $3,400 per month, offering excellent income potential. Recent updates include renovated kitchens, modern countertops, new appliances, updated flooring, and tasteful finishes, blending modern conveniences with classic Victorian charm. Conveniently located minutes from Garden City Center, shopping, restaurants, highways, and everyday amenities. **Features:** * Legal 4-unit multifamily * Vacant 4-bedroom owner-occupant unit * Three income-producing units * Estimated $3,400/month market rent for vacant unit * Updated kitchens, countertops, appliances & flooring * Victorian character with modern updates * Walk to Meshanticut Lake * Cranston West school district * Minutes to Garden City Center & major highways

2249 Cranston Street, Cranston

Listing courtesy of Realty Plus, Inc.. Contact:

$620,000
6 Beds ⋅ 2 Baths
Some homes just feel different the moment you walk in and 10 Denver Ave is one of them. Owned and cared for by the same family for decades, this two-family has been kept in PRISTINE condition and it's easy to see the pride of ownership throughout. Each unit offers 3 bedrooms and 1 bathroom, with updated kitchens, hardwood and ceramic flooring, and tons of natural light. The full basement adds common laundry and storage, while outside you'll find a large patio, covered porch, and deck on the second level. Here's what makes this one stand out: the sale includes the neighboring lot #1157, where the detached garage and 6-car driveway sit rare in this neighborhood, and an exciting option for a buyer who might want to explore converting the former garage into an ADU for additional rental income (subject to city approval). Between the extra parking, the bonus lot, and the in-law/income potential, there's real flexibility here for an investor or an owner-occupant looking to grow into the property. The location is hard to beat with a 3-minute drive to Roger Williams Park, 5 minutes to the shops and restaurants of Pawtuxet Village, and quick access to I-95 for commuters. Multifamily homes like this in Edgewood do not hit the market often! Highest and Best offers due by Monday, June 29th at 5PM.

10 Denver Avenue, Cranston

Listing courtesy of Real Broker, LLC. 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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