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$874,900 Just Listed
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Property Description
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!
Full Property Details
Full Property Details for 118 Arnold Ave
General
- Price: $874,900
- Taxes: $8,472 (2025)
- Status: Active
- Type: Apartment
- Source: STWMLS
- MLS ID: 1401786
- Updated: 6/6/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 12
- Interior Features: Tub Shower
- Fireplace: Yes
- Number of Fireplaces: 3
- Fireplace(s): Free Standing, Masonry
- Appliances: Common Water Heater, Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
- Flooring: Hardwood, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Common Area
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 10
- Parking Features: Detached, Garage
Location
- County: Providence
- Subdivision: Edgewood
- Near Highway: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Gas, Hot Water
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected, Public
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 2
- Architectural Style: Stacked
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Drywall, Plaster, Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Interior Entry, Unfinished
- Windows: Thermal Windows
- Stories/Levels: 2
- Building Size: 5352
- Finished Total: 5,352 Sq. Ft.
- Finished Above Grnd: 5,352 Sq. Ft.
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.3086
- Lot Size (Sq. Ft.): 13,444
- Lot Size: 13444
- Sidewalks: Yes
Water Features
- Water Front Desc.: Walk to Water
Financial Considerations
- Tax Amount: $8,472.35
- Tax Year: 2025
- Owner Pays: Hot Water
Disclosures and Reports
- 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.
- Property ID: 118ARNOLDAVCRAN
- Block: 3
- Lot Number: 1716
Listed by RE/MAX Revolution
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Schools
Schools serving 118 Arnold Ave
School District:Cranston School District
| Name | Grades | Distance |
|---|---|---|
Edward S. Rhodes School 160 Shaw Avenue, Cranston, RI 02905 | K-5 | 0.2 mi |
Park View Middle School 25 Park View Boulevard, Cranston, RI 02910 | 6-8 | 1.1 mi |
Cranston High School East 899 Park Avenue, Cranston, RI 02910 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 118 Arnold Ave
Date
Details
Price
Change
Source
6/06/2026
Listed
$874,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 118 Arnold Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,472
2%
$610,400
—
2024
$8,308
-3%
$610,400
34%
2023
$8,581
2%
$454,000
—
2022
$8,404
3%
$454,000
—
2021
$8,172
-7%
$454,000
8%
2020
$8,752
—
$421,400
—
2019
$8,752
-2%
$421,400
9%
2017
$8,901
2%
$388,000
—
2016
$8,711
—
$388,000
—
2015
$8,711
-6%
$388,000
-4%
2014
$9,239
—
$404,500
—
2013
$9,239
—
$404,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 118 Arnold Ave
118 Arnold Avenue, Cranston, RI 02905 (MLS# 1401786) is a Apartment property with 4 bedrooms and 4 full bathrooms. 118 Arnold Avenue is currently listed for $874,900 and was received on June 06, 2026. Want to learn more about 118 Arnold Avenue? Do you have questions about finding other Apartment real estate for sale in Cranston? You can browse all Cranston real estate or contact a Coldwell Banker agent to request more information.

