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$523,500
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Property Description
FOUR-UNIT investment opportunity in Cranston with strong potential for investors and buyers looking to build equity. The building consists of four one-bedroom units, each with similar layout and ready for updates, offering the opportunity to renovate and maximize rental income. On-site parking is also available for each unit. Major systems have been addressed, including a young roof, heating system, hot water heater, and updated electrical service. With high demand for multi-family properties, this property provides an opportunity to generate rental income and build long-term equity. Property is being sold as-is.
Full Property Details
Full Property Details for 1609 Elmwood Ave
General
- Sold For: $523,500
- Taxes: $6,127 (2025)
- Status: Closed
- Type: Multi-Family
- Source: STWMLS
- MLS ID: 1411436
- Added to Site: 50 day(s) ago
Interior
- Number of Rooms: 12
- Interior Features: Attic, Tub Shower
- Fireplace(s): None
- Appliances: Gas Water Heater, Oven, Range, Refrigerator
- Flooring: Carpet, Hardwood, Laminate
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Porch, Paved Driveway
- Porch/Patio/Deck: Porch
Parking
- Total Spaces: 5
- Parking Features: No Garage
Location
- County: Providence
- Near Highway: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas, Steam
Utilities
- Sewer: Connected
- Water: Connected
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Architectural Style: Stacked, Side By Side
- Detached/Attached: Detached
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Stories/Levels: 2
- Building Size: 2576
- Finished Total: 2,576 Sq. Ft.
- Finished Above Grnd: 2,576 Sq. Ft.
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.1713
- Lot Size (Sq. Ft.): 7,463
- Lot Size: 7463
- Lot Features: Corner Lot
- Fencing (Description): Fenced
Financial Considerations
- Tax Amount: $6,127
- Tax Year: 2025
Disclosures and Reports
- Inclusions: Unit square footage is estimated. All four units are essentially ~600 sq ft each, with a 10–15 sq ft swing.
- Property ID: 1609ELMWOODAVCRAN
- Lot Number: 404
Listed by Williams & Stuart Real Estate
Sold by Heritage Realty Group, LLC
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Schools
Schools serving 1609 Elmwood Ave
School District:Cranston School District
| Name | Grades | Distance |
|---|---|---|
Edward S. Rhodes School 160 Shaw Avenue, Cranston, RI 02905 | K-5 | 1.7 mi |
Park View Middle School 25 Park View Boulevard, Cranston, RI 02910 | 6-8 | 0.7 mi |
Cranston High School East 899 Park Avenue, Cranston, RI 02910 | 9-12 | 1.3 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 1609 Elmwood Ave
Date
Details
Price
Change
Source
6/11/2026
Sold
$523,500
-12.02%
MLS
5/05/2026
Listed
$595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1609 Elmwood Avenue, Cranston, RI 02910 (MLS# 1411436) is a Multi-Family property that was sold at $523,500 on June 11, 2026. Want to learn more about 1609 Elmwood Avenue? 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.

