Exceptional Investment or Owner-Occupied Opportunity! Situated in a highly visible, high-traffic location, this turnkey development offers tremendous potential for residential or mixed-use applications. Comprised of two commercially zoned C-2 lots, the property presents a rare opportunity for investors, developers, or owner-occupants seeking flexibility and strong future value. Current approved plans feature three residential units, including a spacious first-floor apartment with two bedrooms and one full bath, complemented by two efficient one-bedroom units on the second floor. Having undergone a comprehensive redevelopment, the project offers the appeal and efficiency of effectively new construction, minimizing future maintenance concerns while maximizing rental income potential. With excellent exposure, versatile zoning, and a nearly completed redevelopment, this is a unique opportunity to capitalize on a property that is positioned for immediate occupancy or investment success. Don’t miss the chance to add this income-producing asset to your portfolio.
New construction
$779,000
822 Atwood Ave, Cranston, RI 02920
4beds
1,819sqft
Multi Family
Built in 2026
-- sqft lot
$774,700 Zestimate®
$428/sqft
$-- HOA
What's special
Excellent exposure
- 27 days
- 715
- 33
Zillow last checked:
Listing updated:
Listed by:
Jimmy Ranieri 401-413-5620,
ERA Empire Real Estate
Source: StateWide MLS RI,MLS#: 1420573
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Shower Stall, Bath w Tub & Shower
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Electric Water Heater
- Laundry: In Unit
Features
- Wall (Cermaic), Wall (Dry Wall), Wall (Plaster), Internal Expansion, Rough Bath, Stairs, Plumbing (Mixed), Insulation (Ceiling), Insulation (Floors), Insulation (Walls)
- Flooring: Ceramic Tile, Hardwood, Vinyl
- Windows: Insulated Windows
- Basement: Full,Interior and Exterior,Unfinished,Bath/Stubbed,Storage Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,808
- Total interior livable area: 1,819 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: No Garage
Features
- Stories: 2
- Patio & porch: Porch
Lot
- Size: 6,398 Square Feet
- Features: Corner Lot, Paved
Details
- Foundation area: 900
- Parcel number: CRANM122L761U
- Zoning: C2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Ceramic, Dry Wall, Plaster, Vinyl Siding
- Foundation: Concrete Perimeter, Mixed, Slab
Condition
- New construction: Yes
- Year built: 2026
Utilities & green energy
- Electric: Circuit Breakers, Individual Meter
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Commuter Bus, Golf, Highway Access, Private School, Recreational Facilities, Restaurants, Near Shopping, Near Swimming
HOA
- Has HOA: No
Location
- Region: Cranston
Financial & listing details
- Price per square foot: $428/sqft
- Tax assessed value: $286,700
- Annual tax amount: $5,580
- Date on market: 8/14/2026
- Inclusions: Lot 761 Assessment is $286, 700 with Taxes of $3, 979.00. Lot 762 Assessment is $115, 400 with Taxes of $1, 601.00.
- Total actual rent: 6200
- Tenant pays: Heat
Estimated market value
$774,700
$736,000 - $813,000
$3,359/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Listed for sale | $779,000-13.3%$428/sqft |
Source: | ||
| 8/13/2026 | Listing removed | $899,000+87.3%$494/sqft |
Source: | ||
| 6/15/2026 | Price change | $479,900-46.6%$264/sqft |
Source: | ||
| 6/2/2026 | Listed for sale | $899,000+199.7%$494/sqft |
Source: | ||
| 2/27/2026 | Sold | $300,000+1.7%$165/sqft |
Source: | ||
| 2/5/2026 | Pending sale | $295,000$162/sqft |
Source: | ||
| 2/2/2026 | Listed for sale | $295,000$162/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,979 +2% | $286,700 |
| 2024 | $3,902 +18.1% | $286,700 +64% |
| 2023 | $3,304 +2.1% | $174,800 |
| 2022 | $3,236 +2.9% | $174,800 |
| 2021 | $3,146 +9.5% | $174,800 +26.4% |
| 2020 | $2,872 | $138,300 |
| 2019 | $2,872 +2.4% | $138,300 |
| 2018 | $2,806 +19.6% | $138,300 +35.2% |
| 2017 | $2,347 +2.2% | $102,300 |
| 2016 | $2,297 | $102,300 |
| 2015 | $2,297 +1% | $102,300 +2.7% |
| 2014 | $2,275 | $99,600 |
| 2013 | $2,275 | $99,600 |
| 2012 | $2,275 -12.3% | $99,600 -22.2% |
| 2011 | $2,593 +3.6% | $128,000 |
| 2010 | $2,504 +2.4% | $128,000 |
| 2009 | $2,446 -15.3% | $128,000 -32% |
| 2008 | $2,889 | $188,300 |
| 2007 | $2,889 | $188,300 |
Find assessor info on the county website
Monthly payment
Est. payment







