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$805,000 -$20,000 (-2.42%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • 2 Units
  • 6 Total Beds
  • 0.2755 Acres
  • Updated 1 day ago
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Exceptional Two-Family Investment Opportunity with Two Additional Lots! Don't miss this rare opportunity to own a well-maintained two-family home being sold with two additional lots. Each unit features 3 bedrooms and 1 full bathroom, with functional floor plans, spacious living areas, and abundant natural light. Recent updates include fresh interior paint, new carpeting in select areas, and new oil tanks installed in 2025, providing added value and peace of mind. A charming front porch offers the perfect place to relax, while a large storage shed with a roll-up door and concrete floor provides excellent space for equipment, tools, or additional storage. Conveniently located near shopping, restaurants, schools, parks, public transportation, and major commuter routes, this property combines comfort, convenience, and long-term potential. The sale includes two additional lots. Buyers and buyers' agents must conduct their own due diligence regarding lot size, boundaries, zoning, buildability, permitted uses, utilities, and any other matters relating to the additional parcels. The seller makes no representations or warranties regarding the development potential or permitted uses of the lots. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this property presents a unique opportunity with added land value. Schedule your private showing today!

Full Property Details for 16 Colony St

General

  • Price: $805,000
  • Taxes: $4,877 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: STWMLS
  • MLS ID: 1419430
  • Updated: 9/25/2026
  • Added to Site: 55 day(s) ago

Interior

  • Number of Rooms: 10
  • Interior Features: Interior Steps, Tub Shower
  • Fireplace(s): None
  • Appliances: Dryer, Dishwasher, Disposal, Oven, Range, Refrigerator, Tankless Water Heater, Water Heater, Washer
  • Flooring: Carpet, Ceramic Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 6

Other Rooms

  • Laundry: Common Area

Additional Information

  • Security/Safety: Security System Owned

Exterior

  • Porch/Patio/Deck: Porch, Screened

Parking

  • Total Spaces: 2
  • Parking Features: No Garage

Location

  • County: Providence
  • Subdivision: Western Cranston
  • Near Highway: Yes

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard, Hot Water, Oil

Utilities

  • Sewer: Connected
  • Water: Connected
  • Utility Description: Sewer Connected

Structural Information

  • # Buildings: 1
  • Architectural Style: Stacked
  • Detached/Attached: Detached
  • Construction: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Full, Interior Entry, Unfinished
  • Stories/Levels: 2
  • Building Size: 1666
  • Finished Total: 1,666 Sq. Ft.
  • Finished Above Grnd: 1,666 Sq. Ft.
  • Year Built: 1924

Additional Structures

  • Other Structures: Outbuilding

Lot Features

  • Lot Size (Acres): 0.2755
  • Lot Size (Sq. Ft.): 12,000
  • Lot Size: 12000
  • Lot Features: Multiple lots
  • Fencing (Description): Fenced

Financial Considerations

  • Tax Amount: $4,877
  • Tax Year: 2025
  • Tenant Pays: Hot Water

Disclosures and Reports

  • Inclusions: Taxes, Assessment and Lot Sq Footage reflect all 3 lots.
  • Property ID: 16COLONYSTCRAN
  • Lot Number: 177017711772

Listed by REMAX Revolution

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Listing agents

— 16 Colony St —

  • REMAX Revolution

  • REMAX Revolution

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 16 Colony St

School District:Cranston School District
NameGradesDistance
Stone Hill School
21 Village Avenue, Cranston, RI 02920
PK-50.4 mi
Western Hills Middle School
400 Phenix Avenue, Cranston, RI 02920
6-81.3 mi
Cranston High School West
80 Metropolitan Avenue, Cranston, RI 02920
9-121.5 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 16 Colony St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/25/2026
Price Reduced
$805,000
-2.42%
MLS
9/22/2026
Price Reduced
$825,000
—
MLS
8/18/2026
Price Reduced
$825,000
-2.94%
MLS
8/03/2026
Listed
$850,000
—
MLS
Get Price Alerts and Save Property
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 for 16 Colony St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,589
2%
$330,600
—
2024
$4,499
7%
$330,600
48%
2023
$4,213
2%
$222,900
—
2022
$4,126
3%
$222,900
—
2021
$4,012
3%
$222,900
19%
2020
$3,896
—
$187,600
—
2019
$3,896
2%
$187,600
13%
2017
$3,817
2%
$166,400
—
2016
$3,736
—
$166,400
—
2015
$3,736
4%
$166,400
6%
2014
$3,590
—
$157,200
—
2013
$3,590
—
$157,200
—
View All
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 for 16 Colony St

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NMLS#: 1598647

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Listed by REMAX Revolution

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16 Colony Street, Cranston, RI 02920 (MLS# 1419430) is a Multi-Family property with 2 units containing 6 bedrooms and 2 full bathrooms. 16 Colony Street is currently listed for $805,000 and was received on August 03, 2026. Want to learn more about 16 Colony Street? Do you have questions about finding other Multi-Family real estate for sale in Cranston? You can browse all Cranston real estate or contact a Coldwell Banker agent to request more information.

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