Welcome to 5 Valley Street in highly sought-after Lincoln — a beautifully renovated 2-family home that blends modern updates with income-producing potential. This impressive property offers 5 bedrooms and 2 full bathrooms, featuring a spacious 3-bedroom unit and a 2-bedroom unit. Both layouts are thoughtfully designed with comfortable living spaces, great natural light, and functional flow. Nearly everything has been updated, including brand-new flooring throughout. The fully renovated kitchens showcase granite countertops, updated cabinetry, and modern finishes, while both bathrooms have been completely redone with stylish fixtures and contemporary design. Each unit is turnkey and ready for immediate occupancy — ideal for an owner-occupant looking to offset a mortgage or an investor seeking strong rental demand in a prime Lincoln location. Outside, enjoy a two-car detached garage, ample parking, and a generous yard perfect for entertaining, relaxing, or added privacy. Conveniently located near local amenities, schools, and major routes, this move-in-ready property checks all the boxes.
Sold for $575,000
$575,000
5 Valley St, Lincoln, RI 02838
5beds
1,812sqft
Multi Family
Built in 1900
-- sqft lot
$579,900 Zestimate®
$317/sqft
$2,590 Estimated rent
Home value
$579,900
$516,000 - $655,000
$2,590/mo
Zestimate® history
Owner options
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$2,590/mo
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$2,590/mo
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$2,963/mo
Est. payment
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$2,963/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Matt Mandeville 401-787-3757,
eXp Realty LLC
Bought with:
The Blackstone Team
Compass
Source: StateWide MLS RI,MLS#: 1405761
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Baseboard, Forced Water
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Plumbing (Mixed), Plumbing (PVC)
- Flooring: Vinyl, Carpet
- Basement: Full,Walk-Out Access,Unfinished,Storage Space,Utility
- Has fireplace: No
Interior area
- Total structure area: 1,812
- Total interior livable area: 1,812 sqft
Property
Parking
- Total spaces: 4
- Parking features: Detached
- Garage spaces: 2
Lot
- Size: 0.29 Acres
Details
- Parcel number: LINCM36L1180U
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Shingles, Vinyl Siding
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 200+ Amp Service, Circuit Breakers
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping
Location
- Region: Lincoln
- Subdivision: Manville
HOA & financial
Other financial information
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 5/14/2026 | Listing removed | $2,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/23/2026 | Listed for rent | $2,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/17/2026 | Sold | $575,000$317/sqft |
Source:  StateWide MLS RI #1405761 Report a problem | ||
| 4/1/2026 | Pending sale | $575,000$317/sqft |
Source: StateWide MLS RI #1405761 Report a problem | ||
| 3/17/2026 | Contingent | $575,000$317/sqft |
Source: eXp Realty #1405761 Report a problem | ||
| 3/3/2026 | Listed for sale | $575,000+59.7%$317/sqft |
Source: StateWide MLS RI #1405761 Report a problem | ||
| 12/15/2025 | Sold | $360,000+148.3%$199/sqft |
Source: Public Record Report a problem | ||
| 2/16/2012 | Sold | $145,000-3.3%$80/sqft |
Source: Public Record Report a problem | ||
| 12/2/2011 | Price change | $149,900-6.3%$83/sqft |
Source: Kensington Real Estate Brokerage #71285056 Report a problem | ||
| 9/10/2011 | Listed for sale | $159,900$88/sqft |
Source: Kensington Real Estate Brokerage #71285056 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,374 +6.6% | $397,500 +36.8% |
| 2024 | $5,042 +5.2% | $290,600 |
| 2023 | $4,792 +0.3% | $290,600 |
| 2022 | $4,780 +4.4% | $290,600 +28.8% |
| 2021 | $4,577 +53.8% | $225,600 |
| 2020 | $2,975 -24.7% | $225,600 +27.6% |
| 2018 | $3,951 +2% | $176,800 |
| 2017 | $3,872 +0.6% | $176,800 -0.7% |
| 2016 | $3,847 +13.8% | $178,100 +23.9% |
| 2015 | $3,381 -0.2% | $143,700 |
| 2014 | $3,387 +0.3% | $143,700 |
| 2013 | $3,376 -15.4% | $143,700 +679.7% |
| 2012 | $3,990 | $18,430 -90% |
| 2011 | $3,990 | $184,300 |
| 2010 | $3,990 -12.3% | $184,300 -28.9% |
| 2009 | $4,548 +3.9% | $259,300 |
| 2008 | $4,377 +8.4% | $259,300 +25.1% |
| 2006 | $4,038 | $207,200 |
Find assessor info on the county website
Neighborhood: Manville
Nearby schools
GreatSchools rating
- 5/10Northern Lincoln ElementaryGrades: PK-5Distance: 0.4 mi
- 7/10Lincoln Middle SchoolGrades: 6-8Distance: 3.9 mi
- 9/10Lincoln Senior High SchoolGrades: 9-12Distance: 2.4 mi
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Estimated market value
$579,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$579,900
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