118 Arnold Avenue Cranston, RI $ 874,900
118 Arnold Avenue
$ 874,900
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118 Arnold Avenue

Cranston, RI, 02905
$ 874,900
Bedrooms4 Baths4.0 Sq 5,352

Monthly Estimate*

$ 5,387

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Multi-Family Home for sale in Cranston, RI

for $874,900 with 4 bedrooms and 4 full baths. This 5,352 square foot home was built in 1920 on a lot size of 0.3086.

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!

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Multi-Family Active

Price

$ 874,900

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 8,472

Style

Lot Size

0.3086

Year Built

1920

Town/City

Cranston

County/Region

Providence

MLS | Web ID

1401786

Features
General
Sewer Connected Public Sewer
Heating Baseboard Gas Hot Water
Cooling None
Utilities Sewer Connected
Possession Negotiable
Garage Spaces 2
Construction Materials Drywall Plaster Vinyl Siding
Year Built 1920
Electric 100 Amp Service Circuit Breakers Separate Meters
Levels One
Property Subtype Multi Family
Tax Year 2025
Waterfront Features Walk to Water
Community Features Highway Access Marina Near Schools Pool Public Transportation Recreation Area Restaurant Shopping Sidewalks
County Providence
Operating Expense 0
New Construction false
Property Type Residential Income
Attached Garage false
Subdivision Name Edgewood
Garage Y/N true
Total Rooms 12
Full Baths 4
Status Active
City Cranston
Senior Community Y/N false
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 13444
Land Lease Y/N false
Tax Annual Amount 8472.35
Virtual Tour https://tour.RiLiving.com/118-Arnold-Avenue-Cranston-RI-02905
Structure Type Apartment
Standard Status Active
Tax Assessed Value 610400
Tax Lot 1716
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Interior
Interior Amenities Tub Shower
Basement Full Interior Entry Unfinished
Flooring Hardwood Vinyl
Total Fireplaces 3
Fireplace Features Free Standing Masonry
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Window Features Thermal Windows
Fireplace Y/N true
Half Baths 0
Laundry Features Common Area
Total Bedrooms 4
Total Baths 4
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Exterior
Parking Features Detached Garage
Water Source Connected Public
Total Parking 10
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.
Lot Size Area 13444
Foundation Details Combination See Remarks Stone
Number of Buildings 2
Building Area Total 5352
Lot Size Acres 0.3086
Covered Spaces 2
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* Excluded Features
List By
Re/Max Revolution

Broker

Samantha@Samanthajuneteam.com

Email

Affordability Calculator

$6,093
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,387
Monthly Property Taxes
$706
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
6/6/2026$874,900 Listed Price

Map


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118 Arnold Avenue, Cranston, RI, 02905 is a Multi-Family Home for sale at $874,900 with 5,352 sqft and a lot size of 0.3086. 118 Arnold Avenue has 4 bedrooms, 4.0 baths, and was built in 1920. The property's zip code is 02905 which is in Cranston, RI