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For sale
    • $850,000

    16 Colony St, Cranston, RI 02920

    6beds
    1,666sqft
    : 
    $5,622/mo
    Get pre-qualified
    Multi Family
    Built in 1924
    -- sqft lot
    $-- Zestimate®
    $510/sqft
    $-- HOA

    What's special

    Fresh interior paintCharming front porchFunctional floor plansAbundant natural light
    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!
    13 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    Rimac Group 401-316-8493,

    REMAX Revolution,

    Lorna Belanger 401-474-2752,

    REMAX Revolution

    Source: StateWide MLS RI,MLS#: 1419430MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 2
      • Full bathrooms: 2
      Bathroom
      • Features: Bath w Tub & Shower
      Heating
      • Oil, Baseboard, Forced Water
      Cooling
      • None
      Appliances
      • Included: Tankless Water Heater, Dishwasher, Dryer, Disposal, Oven/Range, Refrigerator, Washer
      • Laundry: In Building
      Features
      • Stairs, Plumbing (Mixed)
      • Flooring: Ceramic Tile, Carpet
      • Basement: Full,Interior Entry,Unfinished,Laundry,Storage Space
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 1,666
      • Total interior livable area: 1,666 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: No Garage
      Features
      • Stories: 2
      • Patio & porch: Screened
      • Fencing: Fenced
      Lot
      • Size: 0.28 Acres
      • Features: Extra Lot
      Details
      • Additional structures: Outbuilding
      • Parcel number: CRANM122L1771U
      • Zoning: A8

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Vinyl Siding
      • Foundation: Unknown
      Condition
      • New construction: No
      • Year built: 1924

      Utilities & green energy

      • Electric: 100 Amp Service, Circuit Breakers
      • Utilities for property: Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Near Public Transport, Highway Access, Interstate, Restaurants, Schools, Near Shopping
      • Security: Security System Owned
      • Subdivision: Western Cranston
      HOA
      • Has HOA: No
      Location
      • Region: Cranston

      Financial & listing details

      • Price per square foot: $510/sqft
      • Tax assessed value: $330,600
      • Annual tax amount: $4,877
      • Date on market: 8/3/2026
      • Inclusions: Taxes, Assessment and Lot Sq Footage reflect all 3 lots.
      • Total actual rent: 0
      • Tenant pays: Hot Water, Heat

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/3/2026Listed for sale$850,000$510/sqft
        Source: StateWide MLS RI #1419430 Report a problem
        6/1/2016Listing removed$1,000$1/sqft
        Source: Keystone Property Group, LLC #1112976 Report a problem
        11/21/2015Listed for rent$1,000$1/sqft
        Source: Keystone Property Group, LLC #1112976 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,589 +2%$330,600
        2024$4,499 +6.8%$330,600 +48.3%
        2023$4,213 +2.1%$222,900
        2022$4,126 +2.8%$222,900
        2021$4,012 +3%$222,900 +18.8%
        2020$3,896 $187,600
        2019$3,896 +2.4%$187,600
        2018$3,806 -0.3%$187,600 +12.7%
        2017$3,817 +2.2%$166,400
        2016$3,736 $166,400
        2015$3,736 +4.1%$166,400 +5.9%
        2014$3,590 $157,200
        2013$3,590 $157,200
        2012$3,590 -8.8%$157,200 -19.1%
        2011$3,937 +3.6%$194,300
        2010$3,801 +2.4%$194,300
        2009$3,713 -4%$194,300 -22.9%
        2008$3,866 $252,000
        2007$3,866 +5.2%$252,000
        2006$3,674 +21.7%$252,000 +94%
        2004$3,018 +3.7%$129,900
        2003$2,910 $129,900
        Find assessor info on the county website

        Monthly payment

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        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.
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        Climate risks

        Neighborhood: 02920

        Getting around

        51 / 100
        Somewhat Walkable
        27 / 100
        Some Transit
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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