Multi Family at 57 59 Drowne Street, Cranston

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40 photos

$575,000

57 59 Drowne Street

Cranston, RI 02905

Listed by Jim DeRentis

Bedrooms

Bathrooms

Living area

N/A

Year built

1964

About this home

Wonderful two-family home in Cranston’s Edgewood neighborhood, offering two spacious apartments filled with natural light and beautiful hardwood floors. Each apartment features a generous layout with a large living/dining room, eat-in kitchen, and two well-proportioned bedrooms. The first-floor apartment has central air conditioning. Both units have been freshly painted, with additional improvements including a new roof and newer hot water tanks. Outside, a large fenced yard with a patio provides private outdoor space, while separate parking for each unit adds everyday convenience. A well-maintained property with thoughtful updates and excellent flexibility for an owner-occupant or investor.

Property details

MLS #: 1423874
Property type: Multi Family
Subdivision: Edgewood
Status: Active
Days on market: N/A
On market date: September 24, 2026
Stories: 2
Total bathrooms: 2
Garage spaces: N/A
Parking spaces: 4
Lot size: 0.1576 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary

Edward S. Rhodes School

0.52 mi away · Grades 0-5

Nearest school -- attendance-zone data not available here

4.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 296
Student:teacher ratio: 13.5:1
District: Cranston

Middle

Park View Middle School

0.6 mi away · Grades 6-8

Nearest school -- attendance-zone data not available here

5.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 680
Student:teacher ratio: 11.9:1
District: Cranston

High

W B Cooley & Acad Internationa

1.53 mi away · Grades 9-12

Nearest school -- attendance-zone data not available here

5.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 319
Student:teacher ratio: 11.4:1
District: Providence

Walkability

Blended score for Cranston's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

Highly walkable

out of 100

EPA National Walkability Index

16.7 / 20 -- Most walkable

Market position

How this listing compares to current activity in Cranston, from live MLS data.

On the market 0 days -- 33 fewer days than Cranston's current average of 33 days.

For reference, the median list price across 420 active listings in Cranston right now is $485,000.

Mortgage calculator

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Home price

Down payment

Interest rate

Loan term

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Property tax

% / yr

Home insurance

/mo

Est. monthly payment

$3,613/mo

$115,000 down

$460,000 loan

Principal & interest$2,984

Property tax (est.)$479

Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 1 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.