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For sale
    • Price cut: $75K (7/26)
    $799,900

    118 Arnold Ave, Cranston, RI 02905

    4beds
    3,116sqft
    : 
    $4,978/mo
    Get pre-qualified
    Multi Family
    Built in 1920
    -- sqft lot
    $783,600 Zestimate®
    $257/sqft
    $-- HOA

    What's special

    Three fireplacesPlumbing improvementsVinyl sidingSolid paneled doorsGorgeous trimRe-sided garageOutdoor sitting areas
    Welcome home to a one-of-a-kind four-unit property in the heart of Edgewood. This stately and timeless residence is filled with charm and character, featuring tall ceilings, picture-frame pine floors, THREE fireplaces, coffered and beamed ceilings, arched hallways, oversized windows, gorgeous trim, and solid paneled doors. Built with exceptional craftsmanship, this home showcases architectural details rarely found today. Updates throughout the seller's ownership include renovated kitchens and bathrooms, ss appliances, rebuilt chimney, fire alarm system, re-sided garage, insulation, plumbing improvements, and five electrical panels. A high-efficiency natural gas-fired indirect heat and hot water system is only 5 years young.Perfect for owner-occupants and investors alike, rental income can help offset your mortgage. Edgewood remains a highly desirable rental location near JWU, Brown, RISD, Edgewood and RI Yacht Clubs, Downtown Providence, RW Park, shopping, dining, beaches, and Boston. The low-maintenance exterior offers vinyl siding and outdoor sitting areas. A detached two-car garage with loft space provides excellent storage and future potential, including possible ADU opportunities (buyer to perform due diligence). All tenants are month-to-month, offering flexibility for future plans. Owned by the same family for 43 years, this remarkable property is a true testament to pride of ownership. Location, location, location—there's a reason Edgewood listings are so hard to find!
    49 days
    |
    718
    |
    21
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Samantha Durand 401-450-8571,

    REMAX Revolution

    Source: StateWide MLS RI,MLS#: 1401786MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      Bathroom
      • Features: Bath w Tub & Shower
      Heating
      • Natural Gas, Baseboard, Forced Water
      Cooling
      • None
      Appliances
      • Included: Gas Water Heater, Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
      • Laundry: In Building
      Features
      • Wall (Dry Wall), Wall (Plaster), Plumbing (Mixed), Insulation (Ceiling), Insulation (Walls)
      • Flooring: Hardwood, Vinyl
      • Windows: Insulated Windows
      • Basement: Full,Interior Entry,Unfinished,Laundry,Storage Space,Utility
      • Number of fireplaces: 3
      • Fireplace features: Brick, Free Standing
      Interior area
      • Total structure area: 5,352
      • Total interior livable area: 3,116 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 10
      • Parking features: Detached
      • Garage spaces: 2
      Accessibility
      • Accessibility features: One Level
      Features
      • Stories: 2
      • Waterfront features: Walk to Salt Water
      Lot
      • Size: 0.31 Acres
      • Features: Sidewalks
      Details
      • Parcel number: CRANM23L1716U

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Dry Wall, Plaster, Vinyl Siding
      • Foundation: Mixed, Stone, Unknown
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Electric: 100 Amp Service, Circuit Breakers, Common Meter, Individual Meter
      • Sewer: Public Sewer
      • Water: Municipal, Public
      • Utilities for property: Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Near Public Transport, Commuter Bus, Highway Access, Interstate, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming
      • Subdivision: Edgewood
      HOA
      • Has HOA: No
      Location
      • Region: Cranston

      Financial & listing details

      • Price per square foot: $257/sqft
      • Tax assessed value: $610,400
      • Annual tax amount: $8,472
      • Date on market: 6/6/2026
      • Inclusions: Rents are currently WELL below market value. Seller pays for: Common lights, washer, dryer (electric dryer), water, sewer, heat, hot water. Tenants pay for their own electric.
      • Total actual rent: 5000

        Estimated market value

        $783,600

        $744,000 - $823,000

        $2,995/mo

        Price history

        DateEventPrice
        7/26/2026Price change$799,900-8.6%$257/sqft
        Source: StateWide MLS RI #1401786 Report a problem
        6/6/2026Listed for sale$874,900$281/sqft
        Source: StateWide MLS RI #1401786 Report a problem
        5/14/2015Listing removed$800
        Source: Zen Real Estate Group - Property # 90772 Report a problem
        5/3/2015Listed for rent$800
        Source: Zen Real Estate Group - Property # 90772 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,472 +2%$610,400
        2024$8,308 -3.2%$610,400 +34.4%
        2023$8,581 +2.1%$454,000
        2022$8,404 +2.8%$454,000
        2021$8,172 -6.6%$454,000 +7.7%
        2020$8,752 $421,400
        2019$8,752 +2.4%$421,400
        2018$8,550 -3.9%$421,400 +8.6%
        2017$8,901 +2.2%$388,000
        2016$8,711 $388,000
        2015$8,711 -5.7%$388,000 -4.1%
        2014$9,239 $404,500
        2013$9,239 $404,500
        2012$9,239 +10.5%$404,500 -2%
        2011$8,359 +3.6%$412,600
        2010$8,070 +2.3%$412,600
        2009$7,885 +6.9%$412,600 -14.2%
        2008$7,374 $480,700
        2007$7,374 +5.2%$480,700
        2006$7,009 +11.7%$480,700 +77.9%
        2004$6,277 +3.7%$270,200
        2003$6,052 $270,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 02905

        Getting around

        66 / 100
        Somewhat Walkable
        41 / 100
        Some Transit
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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