Under contract

$679,900

88 Prospect St, Lincoln, RI 02838

6beds

2,345sqft

$4,939/mo

Get pre-qualified

Multi Family

Built in 1880

-- sqft lot

$-- Zestimate^®

$290/sqft

$-- HOA

What's special

Off-street parkingPlenty of outdoor spaceThoughtfully updated throughoutFresh modern feelExpansive lot

Opportunity awaits in this beautifully renovated three unit multifamily, with each unit offering two bedrooms and one full bathroom. Thoughtfully updated throughout, each unit provides comfortable and functional living space with a fresh modern feel. The first floor unit offers additional versatility with direct access to the basement, which is partially finished. This unit also features a sunroom for additional living space. This property is set on an expansive lot, providing plenty of outdoor space with off-street parking. Whether you're an investor looking to expand your portfolio or looking for an owner occupied property seeking rental income, this property offers excellent opportunity with three well appointed units and desirable additional space. Don't miss this opportunity to own a versatile and move in ready three family property!

19 days
1,188
106

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Bathroom

Features: Bath w Tub & Shower

Heating

Natural Gas, Baseboard, Space Heater

Cooling

None

Appliances

Included: Dishwasher, Microwave, Refrigerator, Electric Water Heater, Gas Water Heater
Laundry: Common Area

Features

Wall (Dry Wall), Wall (Paneled), Wall (Wood), Plumbing (Mixed), Ceiling Fan(s)
Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl, Carpet
Basement: Full,Interior and Exterior,Partially Finished,Common,Laundry,Storage Space,Utility
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 2,345
Total interior livable area: 2,345 sqft

Property

Parking

Total spaces: 8
Parking features: No Garage

Features

Stories: 3

Lot

Size: 0.43 Acres

Details

Parcel number: LINCM37L0140U

Construction

Type & style

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

Materials

Dry Wall, Paneled, Wood Wall(s), Aluminum Siding, Vinyl Siding

Condition

New construction: No
Year built: 1880

Utilities & green energy

Electric: 100 Amp Service
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Highway Access, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping

HOA

Has HOA: No

Location

Region: Lincoln

Financial & listing details

Price per square foot: $290/sqft
Tax assessed value: $488,400
Annual tax amount: $6,603
Date on market: 9/16/2026
Inclusions: Seller is in the process of obtaining lead certs. Seller will provide lead certs prior to closing. Buyer and buyers agent to perform their due diligence.
Total actual rent: 750
Tenant pays: Heat

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/28/2026	Contingent	$679,900$290/sqft
Source: StateWide MLS RI #1423573 Report a problem
9/16/2026	Listed for sale	$679,900+46.2%$290/sqft
Source: StateWide MLS RI #1423573 Report a problem
4/9/2026	Sold	$465,000+82.4%$198/sqft
Source: Public Record Report a problem
4/12/2019	Sold	$255,000-1.5%$109/sqft
Source: StateWide MLS RI #1193862 Report a problem
3/21/2019	Pending sale	$259,000$110/sqft
Source: CENTURY 21 Stachurski Agency #1193862 Report a problem
8/13/2018	Listed for sale	$259,000$110/sqft
Source: CENTURY 21 Stachurski Agency #1193862 Report a problem
6/15/2018	Listing removed	$259,000$110/sqft
Source: CENTURY 21 Stachurski Agency #1193862 Report a problem
6/14/2018	Pending sale	$259,000$110/sqft
Source: CENTURY 21 Stachurski Agency #1193862 Report a problem
6/3/2018	Listed for sale	$259,000+17.7%$110/sqft
Source: CENTURY 21 Stachurski Agency #1193862 Report a problem
10/12/2015	Listing removed	$220,000$94/sqft
Source: CENTURY 21 Stachurski Agency #1102129 Report a problem
7/13/2015	Listed for sale	$220,000-6.4%$94/sqft
Source: CENTURY 21 Stachurski Agency #1102129 Report a problem
9/24/2014	Listed for sale	$235,000+67.9%$100/sqft
Source: CENTURY 21 Stachurski Agency #1079447 Report a problem
2/9/2011	Sold	$140,000$60/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,603 -0.2%	$488,400 +28.1%
2024	$6,616 +5.2%	$381,300
2023	$6,288 +0.3%	$381,300
2022	$6,272 -5.5%	$381,300 +16.5%
2021	$6,639 +0.7%	$327,200
2020	$6,590 +1.7%	$327,200 +50.9%
2018	$6,479 +36.4%	$216,900
2017	$4,750 -15.4%	$216,900 -16.5%
2016	$5,612 +25.1%	$259,800 +36.3%
2015	$4,485 -0.2%	$190,600
2014	$4,492 +0.3%	$190,600
2013	$4,477 -0.2%	$190,600 +820.3%
2012	$4,484	$20,710 -90%
2011	$4,484	$207,100
2010	$4,484 -15.7%	$207,100 -31.7%
2009	$5,320 +3.9%	$303,300
2008	$5,120 +10.8%	$303,300 +27.9%
2006	$4,621 +1.6%	$237,100
2005	$4,548	$237,100