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Off market
  • $532,800

    242 Terrace Ave, Cranston, RI 02920

    4beds
    2,372sqft
    MultiFamily
    Built in 1879
    -- sqft lot
    $532,800 Zestimate®
    $225/sqft
    $2,681 Estimated rent

    Home value

    $532,800

    $501,000 - $570,000

    $2,681/mo

    Zestimate® history
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    Owner options

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    $2,681/mo

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    $2,681/mo

    Rent Zestimate®

    Refinance and save

    $2,772/mo

    Est. payment

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    $2,772/mo

    Est. payment

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    What's special

    IMPROVED AND RELISTED!!! 9/22 UPDATE: Seller has replaced 10 windows and several light fixtures. This freshly painted Laurel Hill / Arlington two-family is move-in ready and has so much to offer! Buy this as an owner occupant, rent out the first floor and live comfortably in the town-house style second/third floor unit, which offers two bedrooms and a full bathroom on the 2nd floor and 4-5 additional rooms, plus a half bath on the third floor! Or, buy it as an investor and subdivide the generously sized lot and build on it! Seller has indicated that the finished basement was previously used as a barber shop. Buyers due diligence to confirm feasibility. This property also boasts low-maintenance vinyl siding, hardwood floors and a new heating system.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Other, Gas
    Appliances
    • Laundry: In Building
    Features
    • Basement: Partially finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,372 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 0.27 Acres
    Details
    • Parcel number: CRANM71L400U

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1879

    Utilities & green energy

    • Electric: 100 Amps
    • Sewer: Connected

    Community & neighborhood

    Location
    • Region: Cranston

    Other

    Other facts
    • Electric: 100 Amps
    • Exterior: Vinyl Siding
    • FinishedFloor: Hardwood, Ceramic
    • BasementFinish: Unfinished
    • HeatingFuel: Gas
    • HeatPaidBy: Tenant
    • BasementType: Full
    • HotWater: Gas
    • Near: Bus, Commuter Bus, Highway Access, Public School, Shopping, Schools, Recreational Facilities
    • BasementAccess: Interior Only
    • Interior: Stairs, Attic Stairs
    • Wall: Dry Wall, Plaster
    • Laundry: In Building
    • Type: Up/Down
    • LotDescription: Paved Driveway, Corner
    • Plumbing: Mixed
    • PropertyType: 2-4 Units Multi Family
    • Sewer: Connected
    • FoundationType: Unknown
    • SubsidizedHousing: 0
    • Equipment: Ceiling Fan
    • UnderConstruction: 0
    • WaterSupply: Connected
    • BasementRoomsType: Common
    • HeatingSystem: Baseboard, Gas Connected
    • Insulation: Unknown
    • ApxHeatCost: Undetermined
    • TimeShareYN: 0

    Price history

    DateEventPrice
    6/24/2022Sold$365,000+37.7%$154/sqft
    Source: Public Record
    11/27/2019Sold$265,000$112/sqft
    Source: StateWide MLS RI #1236966
    9/22/2019Price change$265,000+1.9%$112/sqft
    Source: William Raveis Chapman Enstone #1236966
    8/26/2019Listed for sale$260,000-1%$110/sqft
    Source: William Raveis Chapman Enstone #1230633
    10/31/2008Sold$262,500+64.2%$111/sqft
    Source: Public Record

    Public tax history

    YearProperty taxesTax assessment
    2025$5,576 +2%$401,700
    2024$5,467 +6.6%$401,700 +48.1%
    2023$5,128 +2.1%$271,300

    Find assessor info on the county website

    Neighborhood: 02920

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $532,800
    2% more+ $10,656
    With Zillow Showcase(estimated)
    $543,456