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    161 South Clarendon St Cranston, RI 02910

    Picture of Apartment buildings at South Clarendon St 161, Cranston, RI
    Pending
    For Sale
    $699,900

    Commercial - Cranston, RI

    Days on Market:
    19
    Last Refresh:
    Dec 5 at 8:06 am

    Property Features for 161 South Clarendon St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Parking
    5
    Exterior features
    Free Standing

    Building Details

    Year built
    1920
    Architectural style
    Other

    Davelen, Inc., dba RE/MAX Professionals (401) 884-6050 [email protected]

    Listing agent Robert Rinn (401) 884-6050

    Listing date Nov 17, 2025

    MLS# 1394304 Listing URL

    Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cranston Multi-Unit Investment Opportunity

    This six-unit residential building is located in the Auburn neighborhood of Cranston, Rhode Island. The property features a mix of four one-bedroom units and two two-bedroom units. Each unit has separate utilities. On-site amenities include off-street parking and laundry facilities. This property is an investor special.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cranston
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.428322
    Latitude
    41.776032

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    FAQs

    What type of property is this?
    Apartment building - Six-unit residential building in Cranston's Auburn neighborhood, ideal for investors.
    Where is this apartment building located?
    The property is located at 161 South Clarendon St Cranston, RI.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: - 6 Unit residential building - Investor Special; - Separate utilities; - Off-street parking available
    (401) 884-6050
    Request Owner's contact information
    161 South Clarendon St Cranston, RI 02910
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    Cranston, RI 02910
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    161 South Clarendon St Cranston, RI 02910
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