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    Four-Unit Multifamily Property in Cranston
    Updated: Apr 13
    Four-Unit Multifamily Property in Cranston

    80 Phenix Avenue, Cranston, RI 02920

    $949,900
    5,489 sqft 0.73 AC lot
    Rare legal 4‑unit property on a large 3/4 acre private lot.
    Unit 1 is completely renovated with 2 beds, 1 bath, laundry, fireplace, and a beautiful outdoor patio.
    Potential for additional buildable lot(s) or condo conversion.
    Features a 3‑car garage plus a separate storage garage and ample parking space.
    Property includes a full unfinished basement with fireplace.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Cranston, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Four-Unit Mixed-Use Property
    Four-Unit Mixed-Use Property

    460 Smithfield Avenue, Pawtucket, RI 02860

    $965,000
    4,968 sqft 0.06 AC lot

    Renovated four-unit mixed-use building with an accessible medical office and modern residential units, plus basement storage.

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    Historic Four-Unit Victorian
    Historic Four-Unit Victorian

    123 Elmwood Avenue, Providence, RI 02907

    $775,000
    5,826 sqft 0.10 AC lot

    Four-unit Italianate Victorian with updated mechanicals, mini-split air, and wood floors, near downtown Providence.

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    Renovated Four-Unit Mixed-Use Property
    Renovated Four-Unit Mixed-Use Property

    460 Smithfield Avenue, Pawtucket, RI 02860

    $965,000
    0.06 AC lot

    Fully renovated four-unit building with first-floor medical office and upgraded residential units.

    View details
    Providence Multifamily Investment Opportunity
    Providence Multifamily Investment Opportunity

    146 Althea Street, Providence, RI 02907

    $689,900
    4,800 sqft 0.09 AC lot

    Well-maintained four-family property in Providence, offering steady rental income.

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    Cranston, RI Quadplexes Market Trends and Statistics

    Explore 1 quadplexes for sale in Cranston, RI on our real estate platform. These investment opportunities span a total of 5,489 square feet of properties for sale, with an estimated market value of $949,900.

    Sale prices for four-unit buildings in Cranston, RI start at $949,900, averaging $949,900, and reaching up to $949,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 15
    Triplexes 4
    Apartment buildings 1
    Quadplexes 1

    Demographics Overview

    Population 129K
    Population Growth (5Y) +1.0%
    Median Household Income $74,487
    College Educated 43.9%

    High-Yield Neighborhoods for Investment

    Identify Cranston submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    02920 $949.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.76%
    Property Tax per SF $26.05 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Providence County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Cranston fall within the 100,000+ square foot range.

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