Pending

$549,900

128 Arnold St, Lincoln, RI 02865

6beds

3,636sqft

$3,656/mo

Get pre-qualified

Multi Family

Built in 1912

-- sqft lot

$554,300 Zestimate^®

$151/sqft

$-- HOA

What's special

Desirable corner lot

*** Calling Highest & Best offers by Monday, August 3rd by 1:00 PM *** Welcome to 128 Arnold Street, Lincoln! This spacious 3-family property offers an incredible opportunity for both owner-occupants and investors alike. Featuring 6 bedrooms, 3 full bathrooms, a detached 2-car garage, and situated on a desirable corner lot, this property has the space and potential you've been looking for. Whether you're looking to live in one unit while generating rental income from the others or add a solid multi-family investment to your portfolio, this property checks all the boxes. While it could benefit from some updates, it presents an excellent opportunity to build equity and increase value over time. Conveniently located near shopping, restaurants, schools, parks, and major highways, this property combines location, flexibility, and income-producing potential. Don't miss your chance to own a multi-family home in the highly sought-after town of Lincoln. Schedule your private showing today!

24 days

1,621

161

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Bathroom

Features: Bath w Tub & Shower

Heating

Natural Gas, Baseboard

Cooling

None

Appliances

Included: Gas Water Heater, Oven/Range, Refrigerator
Laundry: Off Site

Features

Wall (Plaster), Stairs, Plumbing (Mixed), Insulation (Unknown)
Flooring: Ceramic Tile, Hardwood, Laminate
Windows: Storm Window(s)
Basement: Full,Interior and Exterior,Unfinished,Storage Space,Utility
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 3,568
Total interior livable area: 3,636 sqft

Property

Parking

Total spaces: 4
Parking features: Detached, Driveway
Garage spaces: 2
Has uncovered spaces: Yes

Features

Stories: 3
Patio & porch: Deck
Fencing: Fenced

Lot

Size: 4,791 Square Feet
Features: Corner Lot

Details

Parcel number: LINCM10L0310U

Construction

Type & style

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

Materials

Plaster
Foundation: Concrete Perimeter

Condition

New construction: No
Year built: 1912

Utilities & green energy

Electric: 150 Amp Service
Sewer: Public Sewer
Water: Municipal

Community & HOA

Community

Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
Subdivision: Lonsdale

HOA

Has HOA: No

Location

Region: Lincoln

Financial & listing details

Price per square foot: $151/sqft
Tax assessed value: $503,300
Annual tax amount: $6,805
Date on market: 7/29/2026
Total actual rent: 0
Tenant pays: Heat

Estimated market value

$554,300

$527,000 - $582,000

$2,264/mo

Price history

Date	Event	Price
8/5/2026	Pending sale	$549,900$151/sqft
Source: StateWide MLS RI #1419144 Report a problem
7/29/2026	Listed for sale	$549,900$151/sqft
Source: StateWide MLS RI #1419144 Report a problem
7/28/2011	Listing removed	$850
Source: RentalAds.com Report a problem
5/24/2011	Listed for rent	$850
Source: RentalAds.com Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,805 +7.8%	$503,300 +38.3%
2024	$6,314 +5.2%	$363,900
2023	$6,001 +0.3%	$363,900
2022	$5,986 +28.3%	$363,900 +58.3%
2021	$4,665 +53.9%	$229,900
2020	$3,032 +2.5%	$229,900 +23.4%
2018	$2,959 -27.5%	$186,300
2017	$4,080 -0.5%	$186,300 -1.8%
2016	$4,100 +23%	$189,800 +33.9%
2015	$3,334 -0.2%	$141,700
2014	$3,340 +0.3%	$141,700
2013	$3,329 -17.3%	$141,700 +662.6%
2012	$4,023	$18,580 -90%
2011	$4,023	$185,800
2010	$4,023 -20.4%	$185,800 -35.5%
2009	$5,055 -7.9%	$288,200 -11.4%
2008	$5,491 +15%	$325,300 +32.8%
2006	$4,775 +1.6%	$245,000
2005	$4,699	$245,000