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!
Pending
$525,000
295 Magnolia St, Cranston, RI 02910
6beds
2,093sqft
Multi Family
Built in 1904
-- sqft lot
$530,000 Zestimate®
$251/sqft
$-- HOA
What's special
Bright inviting living spacesFresh modern finishesTwo distinct heating systemsTwo separate electrical systems
- 75 days
- 42
- 0
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Adam Cardinal 401-261-1936,
REMAX Revolution
Source: StateWide MLS RI,MLS#: 1420091
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Natural Gas, Baseboard
Cooling
- Window Unit(s)
Features
- Plumbing (Mixed)
- Flooring: Hardwood, Laminate
- Doors: Storm Door(s)
- Basement: Full,Interior and Exterior,Partially Finished,Common
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,211
- Total interior livable area: 2,093 sqft
Video & virtual tour
Property
Parking
- Total spaces: 7
- Parking features: Detached
- Garage spaces: 1
Features
- Stories: 2
- Patio & porch: Screened
Lot
- Size: 4,791 Square Feet
Details
- Additional structures: Outbuilding
- Parcel number: CRANM51L204U
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Clapboard, Shingles
Condition
- New construction: No
- Year built: 1904
Utilities & green energy
- Electric: Circuit Breakers, Individual Meter
- Sewer: Public Sewer
- Water: Municipal
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping
- Subdivision: Auburn
HOA
- Has HOA: No
Location
- Region: Cranston
Financial & listing details
- Price per square foot: $251/sqft
- Tax assessed value: $297,100
- Annual tax amount: $4,124
- Date on market: 8/10/2026
- Inclusions: N/A
- Total actual rent: 0
- Tenant pays: Hot Water, Heat
Estimated market value
$530,000
$504,000 - $557,000
$2,148/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Pending sale | $525,000$251/sqft |
Source:  StateWide MLS RI #1420091 Report a problem | ||
| 8/10/2026 | Listed for sale | $525,000+101.9%$251/sqft |
Source: StateWide MLS RI #1420091 Report a problem | ||
| 6/27/2024 | Sold | $260,000$124/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,124 -16.4% | $297,100 -18% |
| 2024 | $4,934 +4.8% | $362,500 +45.5% |
| 2023 | $4,710 +2.1% | $249,200 |
| 2022 | $4,613 +2.8% | $249,200 |
| 2021 | $4,486 +8.3% | $249,200 +24.9% |
| 2020 | $4,144 | $199,500 |
| 2019 | $4,144 +2.4% | $199,500 |
| 2018 | $4,048 +10.6% | $199,500 +25% |
| 2017 | $3,661 +2.2% | $159,600 |
| 2016 | $3,583 | $159,600 |
| 2015 | $3,583 +4.9% | $159,600 +6.7% |
| 2014 | $3,417 | $149,600 |
| 2013 | $3,417 | $149,600 |
| 2012 | $3,417 -12.7% | $149,600 -22.6% |
| 2011 | $3,914 +3.6% | $193,200 |
| 2010 | $3,779 +2.4% | $193,200 |
| 2009 | $3,692 -8.6% | $193,200 -26.6% |
| 2008 | $4,039 | $263,300 |
| 2007 | $4,039 +5.2% | $263,300 |
| 2006 | $3,839 +17% | $263,300 +86.3% |
| 2004 | $3,282 +3.7% | $141,300 |
| 2003 | $3,165 | $141,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 02910
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