Welcome to 5 Valley Street in highly sought-after Lincoln — a beautifully renovated 2-family home that blends modern updates with income-producing potential. This impressive property offers 5 bedrooms and 2 full bathrooms, featuring a spacious 3-bedroom unit and a 2-bedroom unit. Both layouts are thoughtfully designed with comfortable living spaces, great natural light, and functional flow. Nearly everything has been updated, including brand-new flooring throughout. The fully renovated kitchens showcase granite countertops, updated cabinetry, and modern finishes, while both bathrooms have been completely redone with stylish fixtures and contemporary design. Each unit is turnkey and ready for immediate occupancy — ideal for an owner-occupant looking to offset a mortgage or an investor seeking strong rental demand in a prime Lincoln location. Outside, enjoy a two-car detached garage, ample parking, and a generous yard perfect for entertaining, relaxing, or added privacy. Conveniently located near local amenities, schools, and major routes, this move-in-ready property checks all the boxes.
Pending
$575,000
5 Valley St, Lincoln, RI 02838
5beds
1,812sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$573,200 Zestimate®
$317/sqft
$-- HOA
What's special
Two-car detached garageAmple parkingBrand-new flooring throughoutGranite countertopsUpdated cabinetryComfortable living spacesContemporary design
- 30 days |
- 1,925 |
- 69 |
Zillow last checked: 7 hours ago
Listing updated: April 01, 2026 at 01:37pm
Listed by:
Matt Mandeville 401-787-3757,
eXp Realty LLC
Source: StateWide MLS RI,MLS#: 1405761
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Baseboard, Forced Water
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Plumbing (Mixed), Plumbing (PVC)
- Flooring: Vinyl, Carpet
- Basement: Full,Walk-Out Access,Unfinished,Storage Space,Utility
- Has fireplace: No
Interior area
- Total structure area: 1,812
- Total interior livable area: 1,812 sqft
Property
Parking
- Total spaces: 4
- Parking features: Detached
- Garage spaces: 2
Lot
- Size: 0.29 Acres
Details
- Parcel number: LINCM36L1180U
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Shingles, Vinyl Siding
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 200+ Amp Service, Circuit Breakers
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping
- Subdivision: Manville
HOA
- Has HOA: No
Location
- Region: Lincoln
Financial & listing details
- Price per square foot: $317/sqft
- Tax assessed value: $397,500
- Annual tax amount: $5,374
- Date on market: 3/3/2026
- Total actual rent: 0
Estimated market value
$573,200
$545,000 - $602,000
$2,419/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2026 | Pending sale | $575,000$317/sqft |
Source: | ||
| 3/17/2026 | Contingent | $575,000$317/sqft |
Source: eXp Realty #1405761 Report a problem | ||
| 3/3/2026 | Listed for sale | $575,000+59.7%$317/sqft |
Source: | ||
| 12/15/2025 | Sold | $360,000+148.3%$199/sqft |
Source: Public Record Report a problem | ||
| 2/16/2012 | Sold | $145,000-3.3%$80/sqft |
Source: Public Record Report a problem | ||
| 12/2/2011 | Price change | $149,900-6.3%$83/sqft |
Source: Kensington Real Estate Brokerage #71285056 Report a problem | ||
| 9/10/2011 | Listed for sale | $159,900$88/sqft |
Source: Kensington Real Estate Brokerage #71285056 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,374 +6.6% | $397,500 +36.8% |
| 2024 | $5,042 +5.2% | $290,600 |
| 2023 | $4,792 +0.3% | $290,600 |
| 2022 | $4,780 +4.4% | $290,600 +28.8% |
| 2021 | $4,577 +53.8% | $225,600 |
| 2020 | $2,975 -24.7% | $225,600 +27.6% |
| 2018 | $3,951 +2% | $176,800 |
| 2017 | $3,872 +0.6% | $176,800 -0.7% |
| 2016 | $3,847 +13.8% | $178,100 +23.9% |
| 2015 | $3,381 -0.2% | $143,700 |
| 2014 | $3,387 +0.3% | $143,700 |
| 2013 | $3,376 -15.4% | $143,700 +679.7% |
| 2012 | $3,990 | $18,430 -90% |
| 2011 | $3,990 | $184,300 |
| 2010 | $3,990 -12.3% | $184,300 -28.9% |
| 2009 | $4,548 +3.9% | $259,300 |
| 2008 | $4,377 +8.4% | $259,300 +25.1% |
| 2006 | $4,038 | $207,200 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,497/mo
Principal & interest
$2965
Property taxes
$532
More affordability tools
Climate risks
Neighborhood: Manville
Nearby schools
GreatSchools rating
- 5/10Northern Lincoln ElementaryGrades: PK-5Distance: 0.4 mi
- 7/10Lincoln Middle SchoolGrades: 6-8Distance: 3.9 mi
- 9/10Lincoln Senior High SchoolGrades: 9-12Distance: 2.4 mi







