Multi Family at 1340 Cranston Street, Cranston
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28 photos

$724,900

1340 Cranston Street
Cranston, RI 02920
Listed by Brandan Burke
Bedrooms
5
Bathrooms
5
Living area
N/A
Year built
1930

About this home

Excellent opportunity to own a versatile three-family property featuring a recently renovated and vacant first-floor unit. The first floor offers a spacious kitchen with tons of cabinet space, generously sized bedrooms, and two full bathrooms, providing the next owner with the flexibility to occupy the unit or lease it at their discretion. Unit 2 features a unique cottage-style setup with a dining room, two full bathrooms, and a rooftop deck for additional outdoor space. The side unit has also been recently renovated, adding to the property's appeal. The units feature separate gas and electric utilities, with additional income potential from the vacant unit and room for future rental growth. Conveniently located just a short drive from Downtown Providence, this property offers a compelling combination of immediate income, vacancy, updated units, and long-term potential for an owner-occupant or investor.

Property details

MLS #
1421970
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
13
On market date
September 9, 2026
Stories
3
Total bathrooms
5
Garage spaces
N/A
Parking spaces
4
Lot size
0.17 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Arlington School
0.27 mi away · Grades -1-5
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
207
Student:teacher ratio
12.9:1
District
Cranston
Middle
Hugh B. Bain Middle School
0.34 mi away · Grades 6-8
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
574
Student:teacher ratio
12.5:1
District
Cranston
High
Cranston High School East
1.15 mi away · Grades 9-12
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
1,540
Student:teacher ratio
12.4:1
District
Cranston

Walkability

Blended score for Cranston's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

95
Highly walkable
out of 100
EPA National Walkability Index
18.2 / 20 -- Most walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores10
Parks11
Schools14
Transit stops20
Pharmacies3

Market position

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

On the market 13 days -- 21 fewer days than Cranston's current average of 34 days.
For reference, the median list price across 386 active listings in Cranston right now is $482,450.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$4,515/mo
$144,980 down
$579,920 loan
Principal & interest$3,761
Property tax (est.)$604
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 2 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.