INNOVATE Real Estate
Multi Family at 128 Arnold Street, Lincoln
Multi Family at 128 Arnold Street, Lincoln, photo 2 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 3 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 4 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 5 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 6 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 7 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 8 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 9 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 10 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 11 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 12 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 13 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 14 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 15 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 16 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 17 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 18 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 19 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 20 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 21 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 22 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 23 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 24 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 25 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 26 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 27 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 28 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 29 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 30 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 31 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 32 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 33 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 34 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 35 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 36 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 37 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 38 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 39 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 40 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 41 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 42 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 43 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 44 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 45 of 46
Multi Family at 128 Arnold Street, Lincoln, photo 46 of 46
46 photos

$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
Rhode Island Association of REALTORS
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

Get directions →
Loading map…

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

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, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 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
Google Places 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 -- 35 fewer days than Lincoln's current average of 42 days.
For reference, the median list price across 180 active listings in Lincoln right now is $512,460.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$3,462/mo
$109,980 down
$439,920 loan
Principal & interest$2,853
Property tax (est.)$458
Home insurance (est.)$150

Similar homes you might like

209 River Road, Lincoln RI 02865
$559,000
209 River Road, Lincoln RI 02865
Lincoln, 02865
4 bd·1 ba·1,872 sqft
18 days on market
Listed by Debra Blanchet
209 River Road
New
$559,000
209 River Road
Lincoln, 02865
4 bd·2 ba
0 days on market
Listed by Blanchet Group
77 79 Main Street
$649,900
77 79 Main Street
Lincoln, 02802
5 bd·3 ba
15 days on market
Listed by Lisa LaMontagne-Beausoleil
16 Binford Street
$575,000
16 Binford Street
Lincoln, 02865
4 bd·2 ba
5 days on market
Listed by Slocum Home Team
No photo
New
$629,000
105 107 Winter Street
Lincoln, 02838
4 bd·2 ba
0 days on market
Listed by Brendan Duckworth

Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated August 29, 2026.

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.