Two-Unit Duplex with
For Sale
$629,000
Pending
105 eldridge Street, Cranston, RI 02910
Residential Income, Cranston, RI
Property Size2,432 SF
Lot Size0.11 Acres
Days on Market86
Property Features for 105 eldridge Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 3, Basement, Bedroom 1
Parking
8
Interior features
Wall (Dry Wall)
Basement
Unfinished, Full
Appliances
Dishwasher, Dryer, Oven, Range, Refrigerator, Washer, Gas Water Heater
Standard status
Pending
Size
2,432 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
6436
Utilities
Heating system
Natural Gas, Baseboard
Cooling system
Window Unit(s)
Amenities
granite countertops
double parlors
sunroom
private laundry
fenced-in yard
Building Details
Year built
1928
Floors in Building
2
Number of units
2
Flooring type
Tile - Ceramic, Hardwood
Building materials
Dry Wall, Vinyl Siding
Listing Agency:
Lenox Realty Group
(401) 572-3322
Listed By:
Nicola Francis
(617) 447-9312
Added: Jul 13
Changed: Sep 26
Last Checked: Oct 6 at 1:06PM
MLS# 1417253
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This 2,432-square-foot duplex contains two generously sized residences, each with an eat-in kitchen featuring granite countertops, double parlors, a sunroom, and private laundry. Both units are lead certified. The property also includes a double-car garage, six additional parking spaces, and a fenced yard. The building was constructed in 1928, with a roof installed three years ago and siding replaced five years ago.
The home is on Eldridge Street in Cranston, within walking distance of shops and restaurants in Cranston East. Set on a 0.1079-acre lot, it combines two residential units with on-site garage and surface parking.
The home is on Eldridge Street in Cranston, within walking distance of shops and restaurants in Cranston East. Set on a 0.1079-acre lot, it combines two residential units with on-site garage and surface parking.
Key Highlights
- Two units, each with an eat‑in kitchen, granite countertops, double parlors, sunroom, and private laundry
- Both residences are lead certified
- 2,432 square feet on a 0.1079‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,494
Cap Rate
6.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$809,880
$809.9K
Cap Rate 7%
$578,486
$578.5K
Cap Rate 9%
$449,933
$449.9K
Market Conditions
NOI Build-Up for 2,432 SF
Gross rent
$61.9K $25.44/SF
− Vacancy
−$4.0K −$1.65/SF
EGI
$57.8K $23.79/SF
− OpEx
−$17.4K −$7.14/SF
NOI
$40.5K $16.65/SF
Area
Providence County, RI
Vacancy
6.50%
Lease Rate
$25.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$809,880
Cap Rate 7%
$578,486
Cap Rate 9%
$449,933
Alternative Uses
Best Use
Multifamily LT 5
$578.5K
$506.2K – $674.9K
NOI $40,494 @ 7.0% cap · market cap 6.44%
Second Best
Apartment 5plus
$459.1K
$401.7K – $535.6K
NOI $32,138 @ 7.0% cap · market cap 5.11%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,310
Businesses Nearby
Explore this area
Business Placement
Demographics for 02910, RI
21,907
Population
9,319
Households
2.4
Avg Household Size
39
Median Age
30%
College-Educated
90%
High-School Grad
3.4 sq mi
ZIP Area
6,443
Density / Sq Mi
$85,909
Median Household Income
$47,538
Median Earnings
$1,385
Median Rent
$302,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two spacious residences feature eat-in kitchens, private laundry, and separate sunrooms.
Where is this duplex located?
The property is located at 105 eldridge Street Cranston, RI.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Two units, each with an eat‑in kitchen, granite countertops, double parlors, sunroom, and private laundry; Both residences are lead certified; 2,432 square feet on a 0.1079‑acre lot
