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Updated Two-Family Residence
For Sale
$620,000

160 Richard Street, Cranston, RI 02910

Move-in-ready duplex offers two updated units with in-home laundry and ample off-street parking.

Property SizeContact for details
Days on Market77

Property Features for 160 Richard Street

General Information

Standard status Active
Property subtype Multi-family

Additional Details

Highway Access Yes
Multifamily Units 2

Building Details

Year Built 1920
Listing Agency: My Dream Home Realty
Listed By: Marisela Vasquez
Source: Residentialproperties
Added: Jun 15 Changed: Aug 27 Last Checked: Aug 29 at 10:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of My Dream Home Realty

Investment Insights

Based on property information with market context.

This beautifully updated two-family residence provides two spacious units, each featuring 2 bedrooms and 2 full bathrooms. The home includes a washer and dryer located in the basement for added convenience, and the interior has been tastefully updated throughout. Set on a corner lot, the property also offers outdoor space along with a private yard and ample off-street parking.

Located at 160 Richard Street in Cranston, the home is positioned near everyday conveniences including schools, shopping, restaurants, parks, and public transportation. It also offers proximity to major highways, supporting practical commuting and access for residents.

The layout is well suited to a range of buyers, including owner-occupants looking to live in one unit while using rental income from the other, as well as investors seeking a move-in-ready property with updated finishes. With two full bathrooms per unit and basement laundry, the day-to-day functionality supports long-term livability, while the corner-lot setting and parking make the property easier to manage and more convenient for tenants.

Key Highlights

  • Updated two‑family home built in 1920 at 160 Richard Street, Cranston, RI
  • Duplex features two spacious units, each with 2 bedrooms and 2 full bathrooms
  • In‑unit convenience: washer and dryer provided in the basement

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Travel Agency Carpet & Flooring Store Veterinary Clinic Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,039
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Move-in-ready duplex offers two updated units with in-home laundry and ample off-street parking.
Where is this duplex located?
The property is located at 160 Richard Street Cranston, RI.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: Updated two‑family home built in 1920 at 160 Richard Street, Cranston, RI; Duplex features two spacious units, each with 2 bedrooms and 2 full bathrooms; In‑unit convenience: washer and dryer provided in the basement
More about this property
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