**Own a Piece of Cranston History in the Heart of Rolfe Square! Discover an exceptional two-building, turnkey mixed-use investment opportunity in the heart of Rolfe Square. Blending historic character with modern upgrades, this versatile property offers **11 MONTHLY RENTAL INCOME STREAMS**, flexible occupancy options, and long-term investment potential. Recently converted to high-end office space, the property features eight individual executive suites, common areas, a kitchenette, and bathroom facilities. Each suite is individually occupied, providing established rental income. The first floor also includes a separate private office renovated with high-end finishes, offering additional flexibility and the potential to be subdivided into multiple office spaces. Both buildings have undergone extensive renovations, including modern finishes, updated mechanical systems, and significant structural improvements. The versatile layout offers multiple configuration options to accommodate professional tenants, businesses, or owner-occupants. Whether you’re an investor looking to expand your portfolio or an owner-occupant seeking income-producing space, this property offers historic charm, modern improvements, and outstanding versatility in a prime Cranston location. A rare opportunity to own a piece of Cranston history while investing in its future! COMMERCIAL LIST #1425715
For sale
$1,350,000
41 Rolfe Sq, Cranston, RI 02910
5beds
5,213sqft
Multi Family
Built in 1900
-- sqft lot
$1,308,100 Zestimate®
$259/sqft
$-- HOA
What's special
High-end office spaceCommon areasBathroom facilitiesEight individual executive suitesModern finishes
- 5 days
- 333
- 9
Zillow last checked:
Listing updated:
Listed by:
Jimmy Ranieri 401-413-5620,
ERA Empire Real Estate
Source: StateWide MLS RI,MLS#: 1426014
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 2
- 1/2 bathrooms: 3
Heating
- Natural Gas, Oil, Baseboard, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Exhaust Fan, Microwave, Refrigerator, Washer, Gas Water Heater
- Laundry: In Building
Features
- Wall (Cermaic), Wall (Dry Wall), Wall (Plaster), Wall (Wood), Stairs, Plumbing (Mixed), Insulation (Unknown)
- Flooring: Ceramic Tile, Hardwood
- Windows: Insulated Windows
- Basement: Full,Interior Entry,Unfinished,Storage Space,Utility
- Has fireplace: No
Interior area
- Total structure area: 5,209
- Total interior livable area: 5,213 sqft
Video & virtual tour
Property
Parking
- Total spaces: 18
- Parking features: No Garage, Driveway
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Porch
Lot
- Size: 5,000 Square Feet
- Features: Sidewalks, Sprinklers
Details
- Parcel number: CRANM51L1850U
- Zoning: C3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Ceramic, Dry Wall, Plaster, Wood Wall(s), Masonry, Vinyl Siding
- Foundation: Brick/Mortar, Concrete Perimeter, Mixed, Slab
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers, Individual Meter
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Commuter Bus, Golf, Highway Access, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming
- Subdivision: Rolfe Square
HOA
- Has HOA: No
Location
- Region: Cranston
Financial & listing details
- Price per square foot: $259/sqft
- Tax assessed value: $457,900
- Annual tax amount: $11,469
- Date on market: 10/14/2026
- Total actual rent: 12800
Estimated market value
$1,308,100
$1.24M - $1.37M
$2,828/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/14/2026 | Listed for sale | $1,350,000+170%$259/sqft |
Source: | ||
| 5/3/2023 | Sold | $500,000+100%$96/sqft |
Source: Public Record Report a problem | ||
| 9/21/2009 | Sold | $250,000+3.3%$48/sqft |
Source: Public Record Report a problem | ||
| 5/30/2003 | Sold | $242,000$46/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,356 | $457,900 |
| 2024 | -- | $457,900 +37.2% |
| 2023 | -- | $333,700 |
| 2022 | -- | $333,700 |
| 2021 | -- | $333,700 +22.8% |
| 2020 | -- | $271,800 |
| 2019 | -- | $271,800 |
| 2018 | -- | $271,800 +6.8% |
| 2017 | -- | $254,600 |
| 2016 | -- | $254,600 |
| 2015 | -- | $254,600 +1.1% |
| 2011 | -- | $251,800 |
| 2010 | -- | $251,800 |
| 2009 | -- | $251,800 -6.7% |
| 2008 | -- | $269,800 |
| 2007 | -- | $269,800 |
| 2006 | -- | $269,800 +34.8% |
| 2004 | -- | $200,100 +12.4% |
| 2003 | -- | $178,000 |
Find assessor info on the county website
Monthly payment
Est. payment




