About This Home

This 3-bedroom, 2-bathroom residential multi family at 16 Wakefield Avenue in Cranston, RI is listed for $575,000 ($155 per sqft). Built in 1958, the home offers 3,712 sqft of living space on a 0.19 acres lot.

Key Features

  • Built in 1958
  • 0.19 acre lot
  • 6 parking spaces
  • Fireplace

Property Details

1 story
2 full
2-car garage
1958

Amenities

FireplaceHardwood
Listing Description

This versatile multi-family offers turnkey comfort for an owner-occupant or immediate income potential for investors. Unit one features a spacious layout with an updated kitchen, light-filled dining area and ample living room, anchored by warm hardwood floors and a decorative brick fireplace.

The main level also includes one bedroom and a large bath with double vanity, shower and tub. On the lower level, you'll find a sizeable newly finished space - currently used as the primary bedroom suite - adding valuable flexibility. Additional unfinished basement space offers excellent storage and a clear path for future expansion.

Unit two provides a well-maintained, one-level rental opportunity featuring a generous updated kitchen with dining nook, 1-2 comfortable bedrooms (one currently used as a den), and a full bath with stand-up shower. This unit is tenant-occupied, delivering the next owner reliable income from the start.

With two young tankless gas boilers, modern stainless appliances, a detached two-car garage, private backyard, and a quiet western Cranston location just a short commute to downtown Providence and area amenities, this property is definitely worth a look. This multi-family home is eligible for a special local financing program; reach out for more info or a showing today!

Monthly Cost Estimate

$3,075/mo

20% down · 6.5% · 30 years

Principal$416
Interest$2,492
Insurance$168

Estimates only. Actual payments may vary.

Location

16 Wakefield Avenue

Cranston, RI 02920

Features & Amenities

Interior Features

Wall (Cermaic)Wall (Dry Wall)StairsPlumbing (Mixed)Insulation (Unknown)

Property Details

Flooring

CarpetHardwoodTile - Ceramic

Construction

Ceramic Dry Wall Brick Clapboard Masonry Shingles

Heating

Natural GasBaseboard

Appliances

DishwasherDryerMicrowaveOvenRangeRefrigeratorWasherGas Water HeaterTankless Water Heater

Questions & Answers

This 3-bedroom, 2-bathroom residential multi family at 16 Wakefield Avenue is listed at $575,000 ($155/sqft). The estimated monthly payment is $3,076 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1958, 0.19 acre lot, 6 parking spaces, Fireplace. Interior Features: Wall (Cermaic), Wall (Dry Wall), Stairs.

This property is listed by Leslie Heller.

LH

Leslie Heller

Agent at Williams and Stuart Real Estate

Listed by Williams and Stuart Real Estate · Broker phone: (401) 942-0200 · View on Broker Site

MLS# 1427066· Source: State Wide MLS of Rhode Island, Inc.· 3 days on PropertySimple

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.

16 Wakefield Avenue, Cranston, RI 02920

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