Pending

$549,900

117 Chestnut St, Lincoln, RI 02838

4beds

1,872sqft

$3,876/mo

Get pre-qualified

Multi Family

Built in 1880

-- sqft lot

$-- Zestimate^®

$294/sqft

$-- HOA

What's special

Generous room sizesLarge bathroomsBright living spacesTwo spacious units

A great investment opportunity in Lincoln, this well-maintained two-family offers two spacious units and several recent improvements. Both units were updated in 2019–2020 and feature bright living spaces, generous room sizes and large bathrooms. The first floor is currently vacant and ready for owner occupancy or rental, and both units have been insulated through RISE for improved energy efficiency. Outside, a large backyard provides plenty of usable space, with ample off-street parking for up to 12 cars. With a vacant unit and many important improvements in place, this is a great opportunity to step into an investment property with income potential from the start.

38 days
193
11

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Bathroom

Features: Bath w Tub & Shower

Heating

Electric, Natural Gas, Baseboard, Forced Water

Cooling

None

Appliances

Included: Gas Water Heater, Oven/Range, Refrigerator
Laundry: In Unit

Features

Wall (Plaster), Plumbing (Mixed), Insulation (Ceiling), Insulation (Unknown), Insulation (Walls), Ceiling Fan(s)
Flooring: Vinyl, Carpet
Basement: Full,Interior and Exterior,Unfinished,Storage Space,Utility
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 1,872
Total interior livable area: 1,872 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 12
Parking features: No Garage, Driveway
Has uncovered spaces: Yes

Features

Stories: 2
Patio & porch: Porch
Fencing: Fenced

Lot

Size: 0.25 Acres
Features: Corner Lot

Details

Parcel number: LINCM35L0260U
Zoning: RL9

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Plaster, Other Siding
Foundation: Brick/Mortar

Condition

New construction: No
Year built: 1880

Utilities & green energy

Electric: 100 Amp Service, Circuit Breakers
Water: Public
Utilities for property: Sewer Connected, Water Connected

Community & HOA

Community

Features: Near Public Transport, Golf, Highway Access, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping
Subdivision: Manville

HOA

Has HOA: No

Location

Region: Lincoln

Financial & listing details

Price per square foot: $294/sqft
Tax assessed value: $327,400
Annual tax amount: $4,577
Date on market: 8/31/2026
Inclusions: The exterior foundation is in the process of being painted. Photos do not reflect this change.
Total actual rent: 1850
Tenant pays: Heat

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/24/2026	Pending sale	$549,900$294/sqft
Source: StateWide MLS RI #1421954 Report a problem
9/14/2026	Contingent	$549,900$294/sqft
Source: StateWide MLS RI #1421954 Report a problem
8/31/2026	Listed for sale	$549,900+243.7%$294/sqft
Source: StateWide MLS RI #1421954 Report a problem
10/30/2023	Listing removed	--
Source: Zillow Rentals Report a problem
9/28/2023	Listed for rent	$1,750$1/sqft
Source: Zillow Rentals Report a problem
7/21/2023	Listing removed	--
Source: Zillow Rentals Report a problem
6/22/2023	Listed for rent	$1,750$1/sqft
Source: Zillow Rentals Report a problem
9/23/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
9/20/2022	Listed for rent	$1,750$1/sqft
Source: Zillow Rental Manager Report a problem
9/9/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
8/9/2022	Listed for rent	$1,750$1/sqft
Source: Zillow Rental Manager Report a problem
9/6/2019	Sold	$160,000+4.2%$85/sqft
Source: StateWide MLS RI #1225089 Report a problem
6/8/2001	Sold	$153,500$82/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,426 +2.2%	$327,400 +31.1%
2024	$4,332 +5.2%	$249,700
2023	$4,118 +0.2%	$249,700
2022	$4,108 +0.3%	$249,700 +23.7%
2021	$4,095 +0.8%	$201,800
2020	$4,064 +10.9%	$201,800 +23%
2018	$3,665 +2%	$164,000
2017	$3,592 +0.6%	$164,000 -0.8%
2016	$3,570 +18.6%	$165,300 +29.2%
2015	$3,009 -0.2%	$127,900
2014	$3,015 +0.4%	$127,900
2013	$3,004 -10.8%	$127,900 +722.5%
2012	$3,367	$15,550 -90%
2011	$3,367	$155,500
2010	$3,367 -18.7%	$155,500 -34.1%
2009	$4,139 +3.9%	$236,000
2008	$3,984 +12.6%	$236,000 +30%
2006	$3,539 +1.6%	$181,600
2005	$3,483	$181,600