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Multi Family at 88 Prospect Street, Lincoln
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$679,900

88 Prospect Street
Lincoln, RI 02838
Listed by Ariadne Davis
Bedrooms
6
Bathrooms
3
Living area
N/A
Year built
1880

About this home

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!

Property details

MLS #
1423573
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
6
On market date
September 16, 2026
Stories
3
Total bathrooms
3
Garage spaces
N/A
Parking spaces
8
Lot size
0.43 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Northern Lincoln Elem.
0.65 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
498
Student:teacher ratio
14.2:1
District
Lincoln
Middle
Woonsocket Middle at Hamlet
2.64 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
618
Student:teacher ratio
13.7:1
District
Woonsocket
High
Cumberland High School
1.55 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,479
Student:teacher ratio
14.0:1
District
Cumberland

Walkability

Blended score for Lincoln's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

52
Somewhat walkable
out of 100
EPA National Walkability Index
10.0 / 20 -- Below average walkable
Nearby-amenity density
55 / 100
Restaurants & cafes16
Grocery stores0
Parks9
Schools2
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Lincoln, from live MLS data.

On the market 6 days -- 40 fewer days than Lincoln's current average of 46 days.
For reference, the median list price across 131 active listings in Lincoln right now is $549,900.

Mortgage calculator

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Est. monthly payment
$4,244/mo
$135,980 down
$543,920 loan
Principal & interest$3,528
Property tax (est.)$567
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 2 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.