New Listing
$575,000
 $3,087 est/mo Sourced by Back At You

16 Wakefield Avenue,Cranston, RI 02920

Cranston, RI 02920

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Description

This versatile multi-family offers turnkey comfort for an owner-occupant or immediate income potential for investors. Unit one features a spacious layout with an updated kitchen, light-filled dining area and ample living room, anchored by warm hardwood floors and a decorative brick fireplace. The main level also includes one bedroom and a large bath with double vanity, shower and tub. On the lower level, you'll find a sizeable newly finished space - currently used as the primary bedroom suite - adding valuable flexibility. Additional unfinished basement space offers excellent storage and a clear path for future expansion. Unit two provides a well-maintained, one-level rental opportunity featuring a generous updated kitchen with dining nook, 1-2 comfortable bedrooms (one currently used as a den), and a full bath with stand-up shower. This unit is tenant-occupied, delivering the next owner reliable income from the start. With two young tankless gas boilers, modern stainless appliances, a detached two-car garage, private backyard, and a quiet western Cranston location just a short commute to downtown Providence and area amenities, this property is definitely worth a look. This multi-family home is eligible for a special local financing program; reach out for more info or a showing today!

Details

MLS #1427066
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1958
Days On Site6
Listing Provided ByWilliams & Stuart Real Estate | Leslie Heller

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet3,712
Garage2
BasementY
Story(s)1
Units2
Building(s)1
ZoningB1
Acreage0.19

Interior

Rooms Total7
HeatingNatural Gas, Baseboard, Forced Water, Individual Control
Heating Yes / NoYes
CoolingNone
Cooling Yes / NoNo
AppliancesDishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Gas Water Heater, Tankless Water Heater
Interior FeaturesWall (Cermaic), Wall (Dry Wall), Stairs, Plumbing (Mixed), Insulation (Unknown)
Fireplace Yes / NoYes
Fireplaces Total2
Fireplace FeaturesBrick
Laundry FeaturesIn Unit

Exterior

Foundation DetailsConcrete Perimeter
Lot FeaturesFenced, Paved Driveway
Community FeaturesBus, Highway Access, Restaurants, Schools
Construction MaterialsCeramic, Dry Wall, Brick, Clapboard, Masonry, Shingles

Parking

Attached Garage Yes / NoNo
Garage Yes / NoYes
Parking FeaturesDetached

Utilities

UtilitiesSewer Connected, Water Connected
SewerIn Fee, Public
Electric100 Amp Service, 200+ Amp Service, Individual Meter

Location

Community FeaturesBus, Highway Access, Restaurants, Schools

Taxes

Tax Annual Amount5259
Tax Assessed Value378900
Tax Lot2404
Tax Year2025

Area Information

StateRI
CountyProvidence
CityCranston
Zip Code02920
AreaProvidence
Listing VS Median (in 02920)
Price:
$575,000
low | high
Med:
$468,500
68.521739130435% of Average
sqft:
3,712
low | high
Med:
1,604
100% of Average
$ / sqft:
$155
low | high
Med:
$324
59.318191985683% of Average
On site:
6
low | high
Med:
38
15.789473684211% of Average
Sourced by Back At You

Market Activity 02920

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The information is being provided by Rhode Island Association of REALTORS®. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Rhode Island Association of REALTORS®. All Rights Reserved.

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Learn More About This Property

StateRI
CountyProvidence
CityCranston
Zip Code02920
AreaProvidence
Listing VS Median (in 02920)
Price:
$575,000
low | high
Med:
$468,500
68.521739130435% of Average
sqft:
3,712
low | high
Med:
1,604
100% of Average
$ / sqft:
$155
low | high
Med:
$324
59.318191985683% of Average
On site:
6
low | high
Med:
38
15.789473684211% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $431K - $718K
sqft: 2,500 - 4,500
Nearby Listings Property ImageNearby Listings Details
39 41 Wakefield Avenue Property Photo 1
$544,500
39 41 Wakefield Avenue
Cranston, RI 02920
Listing Updated: October 31, 2026 at 11:13:16 AM PDT
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