4-family in Cranston offering a strong value-add opportunity for investors or experienced buyers. The property features a desirable unit mix with two 1-bedroom units on the first floor, a spacious 3-bedroom unit on the second floor, and a 2-bedroom unit on the third floor. Recent improvements include remodeled kitchens in Units 1R and 2F, newer vinyl siding, replacement windows, and upgraded mechanicals. Interior conditions vary, with select units recently updated while others offer additional upside through cosmetic improvements and rent optimization. Ideal opportunity for investors seeking cash flow, forced appreciation, or long-term portfolio growth in a strong Cranston rental market. Property offers multiple income streams with clear value-add potential. Property is being sold as-is. Seller will not perform repairs or upgrades beyond any basic safety items deemed necessary for closing. Sale is subject to seller obtaining suitable housing. Seller may also consider a short-term rent-back period after closing if mutually agreeable. Conservative Estimates for Market Rents: 1F Rear Studio $1,550 | 1F Front 1BR $1,750 | 2F 3BR $2,150 | 3F 3BR $2,050 Estimated Gross Annual Income Potential: $90,000.00
Sold for $605,000
$605,000
41 Washington Ave, Cranston, RI 02920
8beds
3,678sqft
Multi Family
Built in 1920
-- sqft lot
$607,900 Zestimate®
$164/sqft
$1,782 Estimated rent
Home value
$607,900
$547,000 - $675,000
$1,782/mo
Zestimate® history
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$1,782/mo
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$1,782/mo
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$3,117/mo
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Replacement windowsNewer vinyl siding
Zillow last checked:
Listing updated:
Listed by:
Marco Harrington 401-641-1663,
RE/MAX ONE
Bought with:
Juan Tejada, RES.0043560
Innovations Realty
Source: StateWide MLS RI,MLS#: 1412357
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Bathroom
- Features: Bath w Tub & Shower
Heating
- Natural Gas, Baseboard, Forced Air
Cooling
- None
Appliances
- Included: Gas Water Heater, Oven/Range, Refrigerator
- Laundry: In Building
Features
- Wall (Dry Wall), Wall (Paneled), Wall (Plaster), Plumbing (Mixed), Insulation (Cap)
- Flooring: Laminate
- Doors: Storm Door(s)
- Windows: Insulated Windows
- Basement: Full,Interior Entry,Unfinished,Storage Space,Utility,Work Shop
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 5,025
- Total interior livable area: 3,678 sqft
Property
Parking
- Total spaces: 4
- Parking features: No Garage, Driveway
- Has uncovered spaces: Yes
Features
- Stories: 3
- Patio & porch: Porch
Lot
- Size: 5,501 sqft
- Features: Corner Lot, Sidewalks
Details
- Additional structures: Outbuilding
- Foundation area: 1188
- Parcel number: 41WASHINGTONAVCRAN
- Zoning: M2
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Paneled, Plaster, Vinyl Siding
- Foundation: Brick/Mortar, Stone
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers, Individual Meter
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Highway Access, Interstate, Public School, Restaurants, Near Shopping
Location
- Region: Cranston
- Subdivision: Arlington
HOA & financial
HOA
- Has HOA: No
Other financial information
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Sold | $605,000-0.7%$164/sqft |
Source:  StateWide MLS RI #1412357 Report a problem | ||
| 5/22/2026 | Pending sale | $609,000$166/sqft |
Source: StateWide MLS RI #1412357 Report a problem | ||
| 5/13/2026 | Listed for sale | $609,000$166/sqft |
Source: StateWide MLS RI #1412357 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 02920
Nearby schools
GreatSchools rating
- 4/10Gladstone Street SchoolGrades: K-5Distance: 0.5 mi
- 4/10Hugh B. Bain Middle SchoolGrades: 6-8Distance: 1.2 mi
- 3/10Cranston High School EastGrades: 9-12Distance: 1.5 mi
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Estimated market value
$607,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$607,900
- Rhode Island
- Providence County
- Cranston
- 02920
- 41 Washington Ave
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