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401 Old River Road, Lincoln, RI 02838

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For Sale
Sale Pending

$550,000

7 beds • 2 baths • 2,578 sqft

Estimated Payment

$ 3,363 /mo. †

6.63% APR for 30 yrs.
$6,532 in taxes
Change Loan Terms

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

  • $213.34
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Welcome to this inviting two-family property, ideal for owner-occupants and investors alike. The first-floor apartment is vacant and move-in ready, offering immediate potential for personal use or rental income, while the second floor is currently rented at market rate, ensuring immediate cash flow, the second unit also has the Lead Conformance Certificate in place, offering peace of mind and legal compliance right off the bat for savvy buyers. Both units are meticulously maintained, featuring three spacious bedrooms in Unit 1 and four bedrooms in Unit 2. The interiors boast refinished hardwood floors, fresh paint, and stylish wood-stained finishes that reduce lead-based paint concerns. The first floor charms with a unique kitchen featuring a vaulted ceiling and access to a private balcony, perfect for enjoying outdoor moments. Located in a sought-after school district, just steps from a local park, and within a 15-minute drive to Providence, this property combines convenience with a desirable neighborhood feel. Don t miss the opportunity to invest in a well-maintained, income-producing home with standout features and an ideal location.
MLS# 1371341

Courtesy Of EXP REALTY LLC

(888) 315-3445

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck, Porch, Attic
  • Appliances
    Dishwasher, Dryer, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Hardwood, Tile, Tile - Ceramic
  • Lot Size
    0.2 Acres

Map and Directions

Directions to 401 Old River Road, Lincoln, RI 02838

Home seller CENTURY 21 The Seyboth Team

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 The Seyboth Team

(401) 477-0124
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $2,819
  • Property Taxes
    $544
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $3,363

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

Schools

Northern Lincoln Elementary School

Grades PK-5 Public School

Manville, RI 02838 0.6 miles
315 new river rd

499 total students
13:1 Student teacher ratio

School Rating: C

School Details

Lincoln Middle School

Grades 6-8 Public School

Lincoln, RI 02865 4.1 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 2.6 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
John J. Mclaughlin Cumberland 1 miles Public KG-5 B
Blackstone Valley Preparatory Element 1.2 miles Public KG-4 C
Cumberland High School 1.6 miles Public 9-12 B
Bernon Heights School 2.1 miles Public KG-5 C
Mount St Charles Academy 2.1 miles Private 6-12
Grade Woonsocket Catholic Regional 2.4 miles Private PK-8
Good Shepherd Catholic School 2.4 miles Private PK-8
Woonsocket Career An Tech Center 2.4 miles Public 9-12
Woonsocket High School 2.5 miles Public 9-12 D-
Leo A. Savoie School 2.5 miles Public KG-5 C+
Woonsocket Middle At Hamlet 2.7 miles Public 6-8 D
Globe Park School 2.8 miles Public PK-5 D-
Woonsocket Middle @ Villa Nova 2.8 miles Public 6-8 D
North Cumberland Middle School 2.8 miles Public 6-8 A
Cumberland Preschool Center 3 miles Public PK
Ashton School 3 miles Public KG-5 A
Hillside Alternative Program 3 miles Private 1-12
Action Based Enterprises School 3 miles Private 1-8

John J. Mclaughlin Cumberland

Distance: 1 miles

Type Public

Grades: KG-5

B

Blackstone Valley Preparatory Element

Distance: 1.2 miles

Type Public

Grades: KG-4

C

Cumberland High School

Distance: 1.6 miles

Type Public

Grades: 9-12

B

Bernon Heights School

Distance: 2.1 miles

Type Public

Grades: KG-5

C

Mount St Charles Academy

Distance: 2.1 miles

Type Private

Grades: 6-12

Grade Woonsocket Catholic Regional

Distance: 2.4 miles

Type Private

Grades: PK-8

Good Shepherd Catholic School

Distance: 2.4 miles

Type Private

Grades: PK-8

Woonsocket Career An Tech Center

Distance: 2.4 miles

Type Public

Grades: 9-12

Woonsocket High School

Distance: 2.5 miles

Type Public

Grades: 9-12

D-

Leo A. Savoie School

Distance: 2.5 miles

Type Public

Grades: KG-5

C+

Woonsocket Middle At Hamlet

Distance: 2.7 miles

Type Public

Grades: 6-8

D

Globe Park School

Distance: 2.8 miles

Type Public

Grades: PK-5

D-

Woonsocket Middle @ Villa Nova

Distance: 2.8 miles

Type Public

Grades: 6-8

D

North Cumberland Middle School

Distance: 2.8 miles

Type Public

Grades: 6-8

A

Cumberland Preschool Center

Distance: 3 miles

Type Public

Grades: PK

Ashton School

Distance: 3 miles

Type Public

Grades: KG-5

A

Hillside Alternative Program

Distance: 3 miles

Type Private

Grades: 1-12

Action Based Enterprises School

Distance: 3 miles

Type Private

Grades: 1-8

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 02838

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Lincoln, RI 02838

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

82° July
Hottest Average Month
17° January
Coldest Average Month
1,595 Total Households in Area
-2.8% Increase in population since the year 2010
42.2%
of households
have children
27 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 02838

Lincoln, RI 02838 has a population of 3,850 people in 1,595 households with a median age of 40.6 years old.

-2.8%
Decrease in population
since the year 2010
Population is Trending down
1,639
Total households as of 2010
3%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 40.6 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 82%
Hispanic 8%
Black 4%
Asian 3%
Other 3%
Native American <1%
The most prevalent ethnicity is White at 82%, followed by Hispanic at 8%, Black at 4%, and Asian at 3%.

Economics
for Lincoln, RI 02838

2,639 /sq mi
Population Density
$80,240 /yr
Median Household Income
$427,000
Median Sales Price
27 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 $50-74,999k representing 29.03% of the households.

Transportation to Work

  • Drive 91%
  • Work from Home 8%
  • Public Transit 1%
  • Walk or Bike 0%

Occupancy by Type

Rented 878 52%
Owned 717 42%
Vacant 94 6%

White vs Blue Collar Jobs







White Collar 76%
Blue Collar 24%

Family & Education Facts
for Lincoln, RI 02838

40.6 Median Age

Average Household Size

2.3
persons per
household

38.9%

Married Households

Community Population By Education

High School Graduate 36%
Bachelors Degree 21%
Some College 14%
Graduate Degree 11%
Associates Degree 9%
Some High School 9%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 35.74% 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)
42.2% of households have children

Weather
for Lincoln, RI 02838

The weather for this area ranges from a high of 82° F in July to a low of 17° F in January

82° July
Hottest Average Month
17° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
17°
36°
Feb
19°
38°
Mar
27°
47°
Apr
36°
57°
May
46°
69°
Jun
55°
77°
Jul
61°
82°
Aug
60°
80°
Sep
52°
73°
Oct
41°
62°
Nov
33°
51°
Dec
22°
40°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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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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