Date
Details
Price
Change
Source
5/13/2026
Listed
$609,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$609,000 Just Listed
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Property Description
4-family in Cranston offering a strong value-add opportunity for investors or experienced buyers. The property features a desirable unit mix with two 1-bedroom units on the first floor, a spacious 3-bedroom unit on the second floor, and a 2-bedroom unit on the third floor. Recent improvements include remodeled kitchens in Units 1R and 2F, newer vinyl siding, replacement windows, and upgraded mechanicals. Interior conditions vary, with select units recently updated while others offer additional upside through cosmetic improvements and rent optimization. Ideal opportunity for investors seeking cash flow, forced appreciation, or long-term portfolio growth in a strong Cranston rental market. Property offers multiple income streams with clear value-add potential. Property is being sold as-is. Seller will not perform repairs or upgrades beyond any basic safety items deemed necessary for closing. Sale is subject to seller obtaining suitable housing. Seller may also consider a short-term rent-back period after closing if mutually agreeable. Conservative Estimates for Market Rents: 1F Rear Studio $1,550 | 1F Front 1BR $1,750 | 2F 3BR $2,150 | 3F 3BR $2,050 Estimated Gross Annual Income Potential: $90,000.00
Full Property Details
Full Property Details for 41 Washington Ave
General
- Price: $609,000
- Taxes: $5,442 (2026)
- Status: Active
- Type: Multi-Family
- Source: STWMLS
- MLS ID: 1412357
- Updated: 5/14/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 15
- Interior Features: Attic, Tub Shower
- Fireplace(s): None
- Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Common Area
Exterior
- Exterior Features: Porch, Paved Driveway
- Porch/Patio/Deck: Porch
Parking
- Total Spaces: 4
- Parking Features: No Garage
Location
- County: Providence
- Subdivision: Arlington
- Near Highway: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Forced Air, Gas
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected, Public
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Architectural Style: Stacked
- Detached/Attached: Detached
- Construction: Drywall, Plaster, Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Interior Entry, Unfinished
- Windows: Thermal Windows
- Doors: Storm Door(s)
- Stories/Levels: 3
- Building Size: 5025
- Finished Total: 5,025 Sq. Ft.
- Finished Above Grnd: 5,025 Sq. Ft.
- Year Built: 1920
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Lot Size (Acres): 0.1263
- Lot Size (Sq. Ft.): 5,500
- Lot Size: 5500
- Sidewalks: Yes
- Lot Features: Corner Lot
Financial Considerations
- Operating Expenses: $8,000
- Tax Amount: $5,442
- Tax Year: 2026
- Terms: Lease Back
Disclosures and Reports
- Property ID: 41WASHINGTONAVCRAN
- Block: 2
- Lot Number: 74
Listed by Re/Max One
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Listing agent
— 41 Washington Ave —
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Schools
Schools serving 41 Washington Ave
School District:Cranston School District
| Name | Grades | Distance |
|---|---|---|
Gladstone Street School 50 Gladstone Street, Cranston, RI 02920 | PK-5 | 0.5 mi |
Hugh B. Bain Middle School 135 Gansett Avenue, Cranston, RI 02910 | 6-8 | 1.2 mi |
Cranston High School East 899 Park Avenue, Cranston, RI 02910 | 9-12 | 1.5 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 41 Washington Ave
Tax History
Tax History for 41 Washington Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,442
2%
$392,100
—
2024
$5,336
14%
$392,100
58%
2023
$4,676
2%
$247,400
—
2022
$4,579
3%
$247,400
—
2021
$4,453
-3%
$247,400
12%
2020
$4,601
—
$221,500
—
2019
$4,601
10%
$221,500
22%
2017
$4,170
2%
$181,800
—
2016
$4,081
—
$181,800
—
2015
$4,081
-12%
$181,800
-10%
2014
$4,630
—
$202,700
—
2013
$4,630
—
$202,700
—
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 41 Washington Ave
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41 Washington Avenue, Cranston, RI 02920 (MLS# 1412357) is a Multi-Family property with 4 units containing 8 bedrooms and 4 full bathrooms. 41 Washington Avenue is currently listed for $609,000 and was received on May 13, 2026. Want to learn more about 41 Washington 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.