Great opportunity for owner occupant and investor alike. This income-generating 3-unit property offers strong rental potential in the desirable Lonsdale area of Lincoln. Great location: walking distance to Lincoln Shopping Center plaza, close to highways and Blackstone River Bike Path. Situated on an oversized lot featuring a spacious yard, off-street parking for six vehicles, and a detached two-car garage—ideal for additional rental income, a workshop, or tenant storage. Updated heat & electric, brand new hot water tanks, updated gutters and brand-new driveway. Dry basement for laundry and storage. However, property interior is dated and needs updating. Earn sweat equity, live in one unit while updating the others. Two units are rented currently.
Sold for $640,000
$640,000
24 Arnold St, Lincoln, RI 02865
7beds
2,844sqft
Multi Family
Built in 1877
-- sqft lot
$622,800 Zestimate®
$225/sqft
$2,119 Estimated rent
Home value
$622,800
$592,000 - $654,000
$2,119/mo
Zestimate® history
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$3,298/mo
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List your homeWhat's special
Detached two-car garageSpacious yardBrand-new drivewayUpdated heat and electricUpdated guttersOversized lot
Zillow last checked:
Listing updated:
Listed by:
Amit Anand 401-258-0546,
Equinox Properties
Bought with:
Nichole Lavender, RES.0043918
Re/Max Real Estate Center
Source: StateWide MLS RI,MLS#: 1404565
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Baseboard
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Flooring: Ceramic Tile, Hardwood, Laminate, Other
- Doors: Storm Door(s)
- Windows: Storm Window(s)
- Basement: Full,Interior and Exterior,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,844
- Total interior livable area: 2,844 sqft
Property
Parking
- Total spaces: 8
- Parking features: Detached
- Garage spaces: 2
Lot
- Size: 0.25 Acres
Details
- Parcel number: LINCM12L1870U
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Clapboard
Condition
- New construction: No
- Year built: 1877
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Municipal
Community & neighborhood
Location
- Region: Lincoln
HOA & financial
Other financial information
- Total actual rent: 5200
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Sold | $640,000+0%$225/sqft |
Source:  StateWide MLS RI #1404565 Report a problem | ||
| 4/22/2026 | Pending sale | $639,900$225/sqft |
Source: StateWide MLS RI #1404565 Report a problem | ||
| 4/10/2026 | Contingent | $639,900$225/sqft |
Source: StateWide MLS RI #1404565 Report a problem | ||
| 4/2/2026 | Listed for sale | $639,900$225/sqft |
Source: StateWide MLS RI #1404565 Report a problem | ||
| 3/24/2026 | Contingent | $639,900$225/sqft |
Source: StateWide MLS RI #1404565 Report a problem | ||
| 3/13/2026 | Price change | $639,900-1.5%$225/sqft |
Source: StateWide MLS RI #1404565 Report a problem | ||
| 2/27/2026 | Price change | $649,900-4.2%$229/sqft |
Source: StateWide MLS RI #1404565 Report a problem | ||
| 2/9/2026 | Listed for sale | $678,500-2.8%$239/sqft |
Source: StateWide MLS RI #1404565 Report a problem | ||
| 2/7/2026 | Listing removed | $698,210$246/sqft |
Source: StateWide MLS RI #1400427 Report a problem | ||
| 1/13/2026 | Price change | $698,210-2.9%$246/sqft |
Source: StateWide MLS RI #1400427 Report a problem | ||
| 11/19/2025 | Listed for sale | $719,000+79.8%$253/sqft |
Source: StateWide MLS RI #1400427 Report a problem | ||
| 2/9/2023 | Sold | $400,000-13%$141/sqft |
Source: StateWide MLS RI #1327639 Report a problem | ||
| 2/9/2023 | Pending sale | $459,900$162/sqft |
Source:  RE/MAX International #1327639 Report a problem | ||
| 2/9/2023 | Listing removed | -- |
Source: RE/MAX International Report a problem | ||
| 1/17/2023 | Pending sale | $459,900$162/sqft |
Source: StateWide MLS RI #1327639 Report a problem | ||
| 1/13/2023 | Price change | $459,900-5.2%$162/sqft |
Source: StateWide MLS RI #1327639 Report a problem | ||
| 1/11/2023 | Price change | $484,900-7.6%$170/sqft |
Source: StateWide MLS RI #1327639 Report a problem | ||
| 1/6/2023 | Listed for sale | $524,900+72.1%$185/sqft |
Source: StateWide MLS RI #1327639 Report a problem | ||
| 4/14/2005 | Sold | $305,000$107/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,448 +9.6% | $476,900 +40.6% |
| 2024 | $5,885 +5.2% | $339,200 |
| 2023 | $5,593 +0.2% | $339,200 |
| 2022 | $5,580 +6% | $339,200 +30.7% |
| 2021 | $5,265 +53.8% | $259,500 |
| 2020 | $3,422 +2.5% | $259,500 +25.5% |
| 2018 | $3,340 -26.2% | $206,700 |
| 2017 | $4,527 +0.5% | $206,700 -0.9% |
| 2016 | $4,506 +11.5% | $208,600 +21.5% |
| 2015 | $4,040 -0.2% | $171,700 |
| 2014 | $4,047 +0.3% | $171,700 |
| 2013 | $4,033 -4% | $171,700 +784.6% |
| 2012 | $4,202 | $19,410 -90% |
| 2011 | $4,202 | $194,100 |
| 2010 | $4,202 -14.5% | $194,100 -30.7% |
| 2009 | $4,915 +3.9% | $280,200 |
| 2008 | $4,730 +3.8% | $280,200 +19.9% |
| 2006 | $4,555 +1.6% | $233,700 |
| 2005 | $4,482 | $233,700 |
Find assessor info on the county website
Neighborhood: 02865
Nearby schools
GreatSchools rating
- 5/10Lonsdale Elementary SchoolGrades: K-5Distance: 0.4 mi
- 7/10Lincoln Middle SchoolGrades: 6-8Distance: 3.4 mi
- 9/10Lincoln Senior High SchoolGrades: 9-12Distance: 3 mi
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Estimated market value
$622,800
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Estimated market value
$622,800
- Rhode Island
- Providence County
- Lincoln
- 02865
- 24 Arnold St
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