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148 Arnold Street, Lincoln, RI 02865

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For Sale
Sale Pending

$499,000

4 beds • 2 baths • 2,016 sqft

Estimated Payment

$ 3,025 /mo. †

6.76% APR for 30 yrs.
$5,198 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $247.52
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Attention owner occupants and investors. Welcome to this fantastic and unique 2-family home located in the highly desirable town of Lincoln, RI! Perfectly situated just minutes from Front Street's charming shops and restaurants, as well as the Lincoln Mall, 146 access, and Lincoln Park. This property offers convenience and comfort. Each unit features 2 bedrooms and 1 bathroom, ideal for multi-generational living or investment. The main floor boasts a spacious living room, perfect for entertaining or relaxing. Outdoors, you'll find a fenced-in backyard that s perfect for enjoying the seasons, along with off-street parking for added convenience. Don t miss this opportunity to own a versatile property in one of Rhode Island s most sought-after towns!
MLS# 1376876

Courtesy Of RE/MAX PREFERRED

(401) 353-2200

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dishwasher, Dryer, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Hardwood, Tile, Tile - Ceramic
  • Heating System
    Baseboard
  • Lot Size
    0.11 Acres

Map and Directions

Directions to 148 Arnold Street, Lincoln, RI 02865

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $2,592
  • Property Taxes
    $433
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $3,025

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Lonsdale Elementary School

Grades KG-5 Public School

Lincoln, RI 02865 0.3 miles
270 river rd

279 total students
15:1 Student teacher ratio

School Rating: B

School Details

Lincoln Middle School

Grades 6-8 Public School

Lincoln, RI 02865 3.1 miles
152 jenckes hill rd

769 total students
16:1 Student teacher ratio

School Rating: B-

School Details

Lincoln Senior High School

Grades 9-12 Public School

Lincoln, RI 02865 3 miles
135 old river rd

957 total students
13:1 Student teacher ratio

School Rating: B+

School Details
Other Nearby Schools Distance Type Grades School Rating
The Spurwink School 0.6 miles Private 1-12
Saylesville Elementary School 0.8 miles Public KG-5 B-
B.f. Norton Elementary School 1 miles Public KG-5 B
Blackstone Valley Preparatory High School 1 miles Public 9-12 C
Blackstone Valley Preparatory 1.1 miles Public KG-4 C-
Blackstone Valley Preparatory E. 2 1.2 miles Public KG-4 A-
Blackstone Valley Preparatory Jr High School 1.2 miles Public 7-8 C+
Ella Risk School 1.3 miles Public KG-4 D
Blackstone Valley Preparatory Upper E 1.3 miles Public 5-6 C-
Raices Dual Language Academy 1.4 miles Public PK-6 D
Veterans Memorial Elementary School 1.4 miles Public KG-4 C+
Segue Inst For Learning 1.4 miles Public 3-8 C-
Joseph L. Mccourt Middle School 1.4 miles Public 6-8 B
Calcutt Middle School 1.5 miles Public 5-8 F
G. Harold Hunt School 1.5 miles Public PK
The Learning Community 1.6 miles Public KG-8 C
Central Falls Sr High School 1.7 miles Public 9-12 D
Garvin Memorial 1.8 miles Public KG-5 B+
M. Virginia Cunningham Elementary School 2.1 miles Public KG-5 D+

The Spurwink School

Distance: 0.6 miles

Type Private

Grades: 1-12

Saylesville Elementary School

Distance: 0.8 miles

Type Public

Grades: KG-5

B-

B.f. Norton Elementary School

Distance: 1 miles

Type Public

Grades: KG-5

B

Blackstone Valley Preparatory High School

Distance: 1 miles

Type Public

Grades: 9-12

C

Blackstone Valley Preparatory

Distance: 1.1 miles

Type Public

Grades: KG-4

C-

Blackstone Valley Preparatory E. 2

Distance: 1.2 miles

Type Public

Grades: KG-4

A-

Blackstone Valley Preparatory Jr High School

Distance: 1.2 miles

Type Public

Grades: 7-8

C+

Ella Risk School

Distance: 1.3 miles

Type Public

Grades: KG-4

D

Blackstone Valley Preparatory Upper E

Distance: 1.3 miles

Type Public

Grades: 5-6

C-

Raices Dual Language Academy

Distance: 1.4 miles

Type Public

Grades: PK-6

D

Veterans Memorial Elementary School

Distance: 1.4 miles

Type Public

Grades: KG-4

C+

Segue Inst For Learning

Distance: 1.4 miles

Type Public

Grades: 3-8

C-

Joseph L. Mccourt Middle School

Distance: 1.4 miles

Type Public

Grades: 6-8

B

Calcutt Middle School

Distance: 1.5 miles

Type Public

Grades: 5-8

F

G. Harold Hunt School

Distance: 1.5 miles

Type Public

Grades: PK

The Learning Community

Distance: 1.6 miles

Type Public

Grades: KG-8

C

Central Falls Sr High School

Distance: 1.7 miles

Type Public

Grades: 9-12

D

Garvin Memorial

Distance: 1.8 miles

Type Public

Grades: KG-5

B+

M. Virginia Cunningham Elementary School

Distance: 2.1 miles

Type Public

Grades: KG-5

D+

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Lincoln, RI 02865

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Lincoln, RI 02865

This community’s employment is highest in the administrative support and sales industries. The area’s overall household expenses are above the national average.

81° July
Hottest Average Month
19° January
Coldest Average Month
7,284 Total Households in Area
-0.1% Increase in population since the year 2010
30.3%
of households
have children
25 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Lincoln, RI 02865

Lincoln, RI 02865 has a population of 18,505 people in 7,284 households with a median age of 43.3 years old.

-0.1%
Decrease in population
since the year 2010
Population is Trending down
7,427
Total households as of 2010
2.8%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 43.3 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 82%
Hispanic 7%
Asian 5%
Other 3%
Black 2%
Native American <1%
The most prevalent ethnicity is White at 82%, followed by Hispanic at 7%, Asian at 5%, and Other at 3%.

Economics
for Lincoln, RI 02865

1,065 /sq mi
Population Density
$108,536 /yr
Median Household Income
$485,000
Median Sales Price
25 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $100-124,999k representing 17.41% of the households.

Transportation to Work

  • Drive 90%
  • Work from Home 7%
  • Walk or Bike 1%
  • Public Transit 1%

Occupancy by Type

Owned 5,397 71%
Rented 1,887 25%
Vacant 318 4%

White vs Blue Collar Jobs







White Collar 84%
Blue Collar 16%

Family & Education Facts
for Lincoln, RI 02865

43.3 Median Age

Average Household Size

2.5
persons per
household

51.7%

Married Households

Community Population By Education

Bachelors Degree 29%
High School Graduate 23%
Graduate Degree 18%
Some College 14%
Some High School 8%
Associates Degree 8%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 28.94% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
30.3% of households have children

Weather
for Lincoln, RI 02865

The weather for this area ranges from a high of 81° F in July to a low of 19° F in January

81° July
Hottest Average Month
19° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
19°
36°
Feb
20°
38°
Mar
28°
46°
Apr
37°
57°
May
47°
68°
Jun
56°
76°
Jul
62°
81°
Aug
61°
80°
Sep
53°
73°
Oct
42°
62°
Nov
34°
51°
Dec
24°
40°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Lincoln, RI 02865!
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Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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