24 Arnold St

2,844 Sq. Ft.
$246 / Sq. Ft.
2,844
Sq. Ft.
$246
per Sq. Ft.

Description

Great investment! This income-generating 3-unit property offers strong rental potential with lots of amenities in the desirable Lonsdale area of Lincoln. Property features a great oversized lot with a two car garage.. a superb location walking distance to shopping plaza and elementary school. Mechanicals include fire alarm system, updated heat & electric, brand new hot water tanks, brand new driveway and updated gutters. Make extra income as there is a strong potential for an ADU; additionally there...Great investment! This income-generating 3-unit property offers strong rental potential with lots of amenities in the desirable Lonsdale area of Lincoln. Property features a great oversized lot with a two car garage.. a superb location walking distance to shopping plaza and elementary school. Mechanicals include fire alarm system, updated heat & electric, brand new hot water tanks, brand new driveway and updated gutters. Make extra income as there is a strong potential for an ADU; additionally there is space for laundry and storage, plenty of off-street parking, partially fenced and an expansive backyard. This property is designed for both owner-occupants and investors looking for steady cash flow. First floor: 2 bedroom, 1 bath layout featuring a comfortable living room, dining and Galley kitchen - ideal for families or long-term tenants. Second floor: 2 bedroom, 1 bath unit with a living room, separate dining room, and a kitchen. Third floor: 3 Bed, Living, Kitchen and a bath. Three rentable units provide steady cash flow and help offset mortgage costs or if you prefer, live in one unit while renting out the others to reduce your housing costs. Don't miss this opportunity to invest in a desirable neighborhood. Property also includes a detached 2 car garage and an enclosed porch. Lincoln has owner occupied tax exemption available. Close to highways, shopping, and Blackstone River Bike Path.
  1. Listed by Amit Anand • Brokerage DRE #REB.0017097 • Equinox Properties
    P: (401)-258-0546 equinoxproperties2007@gmail.com

Property Details for 24 Arnold Street

Architectural Style
Stacked
LISTING UPDATED: 01/25/2026 12:22 AM

Property Details for 24 Arnold Street

StatusActive
MLS #1400427
Days on Market69
Taxes$6,448 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1877
Lot Size0.25 AC / 10,890 SF
CountyProvidence County

Location

Listing Courtesy of Equinox Properties
Add your commute

Building Information for 24 Arnold Street

Stories-Residences3Year Built1877Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

$3,940 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,403

Property Taxes

$537

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 24 Arnold Street

Summary
Location and General Information
  • City: Lincoln
  • Postal City: Lincoln
  • Postal Code: 02865
  • Postal Code Plus4: 1902
  • State Or Province: RI
  • Human Modified Y N: No
Parking
  • Attached Garage Y N: No
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage Y N: Yes
  • Parking Features: Detached, Garage
  • Parking Total: 8
Taxes and HOA Information
  • Tax Annual Amount: $6,448.00
  • Tax Assessed Value: 476900
  • Tax Lot: 187
  • Tax Map Number: 12
  • Tax Year: 2025
Virtual Tour
Property
Lot Information
  • Above Grade Fin SQFT: 2844.0
  • Building Area Total: 2844.0
  • Living Area Source: Owner
  • Lot Size Acres: 0.25
  • Lot Size Area: 10890.0
  • Lot Size Square Feet: 10890.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Parcel Number: 24ARNOLDSTLINC
  • Stories Total: 0
Property and Assessments
  • New Construction Y N: No
  • Number Of Units Total: 3
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1877
Utilities
  • Electric: Amps100
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 7
  • Cooling: None
  • Cooling Y N: No
  • Door Features: Storm Doors
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Ceramic Tile, Hardwood, Laminate, Other
  • Heating: Baseboard, Gas
  • Heating Y N: Yes
  • Rooms Total: 15
  • Window Features: Storm Windows
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $1,700.00
  • Unit Type Area: 936.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $1,700.00
  • Type: TwoBedroom
  • Unit Type Area: 954.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $1,800.00
  • Type: TwoBedroom
  • Occupant Type: Vacant
  • Unit Type Area: 954.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Land Lease Y N: No

Property History for 24 Arnold Street

DateEvent & SourcePriceAppreciation
Jan 13, 2026

Price Change

Rhode Island Association of REALTORS® #1400427

$698,210
Nov 18, 2025

Listed (Active)

Rhode Island Association of REALTORS® #1400427

$719,000
Feb 9, 2023

Sold

Rhode Island Association of REALTORS® #1327639

$400,000
Feb 8, 2023

Sold (Public Record)

Public Record #1505420592

$400,000

+1.5% / yr

Jan 17, 2023

Contract Signed

Rhode Island Association of REALTORS® #1327639

Jan 6, 2023

Listed (Active)

Rhode Island Association of REALTORS® #1327639

$524,900
Apr 14, 2005

Sold (Public Record)

Public Record #171158068

$305,000
Apr 14, 2005

Sold

Rhode Island Association of REALTORS® #532701

$305,000
Feb 16, 2005

Contract Signed

Rhode Island Association of REALTORS® #532701

Feb 11, 2005

Listed (Active)

Rhode Island Association of REALTORS® #532701

$305,000
Nov 17, 2000

Sold

Rhode Island Association of REALTORS® #014136

$125,600
Sep 20, 2000

Contract Signed

Rhode Island Association of REALTORS® #014136

Sep 9, 2000

Listed (Active)

Rhode Island Association of REALTORS® #014136

$129,000
DateEvent & SourcePrice
01/13/2026

Price Change

Rhode Island Association of REALTORS® #1400427

$698,210
11/18/2025

Listed (Active)

Rhode Island Association of REALTORS® #1400427

$719,000
02/09/2023

Sold

Rhode Island Association of REALTORS® #1327639

$400,000
02/08/2023

Sold (Public Record)

Public Record #1505420592

$400,000

+1.5% / yr

01/17/2023

Contract Signed

Rhode Island Association of REALTORS® #1327639

01/06/2023

Listed (Active)

Rhode Island Association of REALTORS® #1327639

$524,900
04/14/2005

Sold (Public Record)

Public Record #171158068

$305,000
04/14/2005

Sold

Rhode Island Association of REALTORS® #532701

$305,000
02/16/2005

Contract Signed

Rhode Island Association of REALTORS® #532701

02/11/2005

Listed (Active)

Rhode Island Association of REALTORS® #532701

$305,000
11/17/2000

Sold

Rhode Island Association of REALTORS® #014136

$125,600
09/20/2000

Contract Signed

Rhode Island Association of REALTORS® #014136

09/09/2000

Listed (Active)

Rhode Island Association of REALTORS® #014136

$129,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 24 Arnold Street

Taxable ValueLand$163,900Additions$313,000Total$476,900
Tax Record2025$6,448 ($537 / month)
Home Facts
Baths2Total Finished SqFt2,329 SqFtAbove Grade Finished SqFt2,329 SqFtStories2Lot Size10,716 SqFtStyleMulti-Family Dwelling (2-4)Year Built1877ZoningRG7CountyPROVIDENCEAPNLINC M:12 L:187.0 U:

Schools near 24 Arnold Street

This home is within Lincoln School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Lonsdale Elementary School
PublicK to 5

Lincoln Middle School
Public6 to 8

Lincoln Senior High School
Public9 to 12

Saylesville Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

24 Arnold Street is a multi-family home for sale in Lincoln, RI 02865. This property was listed for sale on November 18, 2025 by Equinox Properties, it's currently listed at $698,210. It has been on the market for a total of 69 days and was last sold on February 9, 2023. This listing's school district is Lincoln School District. Nearby schools include Lonsdale Elementary School, Lincoln Middle School and Lincoln Senior High School. 24 Arnold Street is a 7-bed, 3-bath, 2,844 sqft multi-family home built in 1877.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Equinox Properties

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.