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Multi Family at 128 Arnold Street, Lincoln
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$549,900

128 Arnold Street
Lincoln, RI 02865
Listed by Kimberly Machado
Bedrooms
6
Bathrooms
3
Living area
N/A
Year built
1912

About this home

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!

Property details

MLS #
1419144
Property type
Multi Family
Subdivision
Lonsdale
Status
Active
Days on market
7
On market date
July 28, 2026
Stories
3
Total bathrooms
3
Garage spaces
2
Parking spaces
4
Lot size
0.11 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Lonsdale Elementary
0.32 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
281
Student:teacher ratio
15.6:1
District
Lincoln
MiddleCharter
Blackstone Valley Prep Jr High
1.17 mi away · Grades 7-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
283
Student:teacher ratio
9.8:1
District
Blackstone Valley Prep A RI Mayoral Academy
HighCharter
Blackstone Valley Prep High
0.97 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
403
Student:teacher ratio
12.6:1
District
Blackstone Valley Prep A RI Mayoral Academy

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).

75
Walkable
out of 100
EPA National Walkability Index
13.0 / 20 -- Above average walkable
Nearby-amenity density
90 / 100
Restaurants & cafes15
Grocery stores2
Parks18
Schools5
Transit stops20
Pharmacies2

Market position

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

On the market 7 days -- 39 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
$3,462/mo
$109,980 down
$439,920 loan
Principal & interest$2,853
Property tax (est.)$458
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 27 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.