Building Details

Year Built 1981

Tenancy Multi

Listing Agency: Del Sesto Realty Show Phone

Listed By: Joseph Del Sesto · License #REB.0016743 Show Phone

Source: Lockandkeyre

Added: Nov 2 Changed: Nov 4 Last Checked: Nov 4 at 2:22PM

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Investment Insights

Based on property information with market context.

This 4,448-square-foot multifamily property was built in 1981 and features a side-by-side, multi-unit configuration. The layout provides separate residential sections within one property.

Located in Cranston, Rhode Island, the property has access to major highways and sits within a city offering shopping, dining, parks, and recreational facilities.

Key Highlights

• 4,448‑square‑foot multifamily property
• Side‑by‑side multi‑unit configuration
• Built in 1981

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Lease Details

Multi-tenant

Tenancy

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

756

Businesses Nearby

Explore this area Business Placement

Demographics for 02920, RI

37,791

Population

15,052

Households

2.5

Avg Household Size

43

Median Age

32%

College-Educated

88%

High-School Grad

8.9 sq mi

ZIP Area

4,246

Density / Sq Mi

$79,246

Median Household Income

$51,811

Median Earnings

$1,271

Median Rent

$336,900

Median Home Value

Market

Average Price Trend$/SF for Multifamily properties in Cranston, RI

$231 Jul

$230 Aug

$288 Sep

$272 Oct

Properties on Market for Multifamily properties in Cranston

Jul

Aug

Sep

Oct

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?

Multifamily property - The residential property is arranged as adjacent multi-unit sections.

Where is this multifamily property located?

The property is located at 39 Wakefield Avenue Cranston, RI.

What is the asking price?

The asking price for this property is $544,500.

What are key features of this property?

This property features: 4,448‑square‑foot multifamily property; Side‑by‑side multi‑unit configuration; Built in 1981