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Two-Family Duplex with Balconies
For Sale
Under Contract
$549,000

43 Pearl Street, Lincoln, RI 02838

Residential Income, Lincoln, RI

Property Size4,480 SF
Lot Size0.11 Acres
Price / SF$122.54
Days on Market47

Property Features for 43 Pearl Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RG7
Bedrooms 9
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 6, Bedroom 5, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 8, Bathroom 3, Bedroom 2, Bedroom 7, Basement, Bedroom 3, Bedroom 9, Bathroom 2
Parking 4
Parking features None
Interior features Wall (Dry Wall), Wall (Paneled), Wall (Wood), Stairs, Plumbing (Mixed), Insulation (Unknown)
Exterior features Balcony
Basement Partial, Unfinished
Appliances Gas Water Heater, Dishwasher, Dryer, Exhaust Fan, Microwave, Oven/Range, Refrigerator, Washer
Lot features Paved Driveway
Standard status Active Under Contract
Size 4,480 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4820

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Oil, Baseboard, Electric (Heating)
Water source Public

Amenities

private balcony
shared basement laundry
shed with electricity

Building Details

Year built 1900
Floors in Building 3
Number of units 2
Flooring type Hardwood, Vinyl, Laminate, Carpet
Building materials Dry Wall, Paneled, Wood Wall(s), Shingles, Vinyl Siding, Wood
Listing Agency: Residential Properties Ltd.
Listed By: The Homestead Group
Added: Jul 14 Changed: Aug 27 Last Checked: Aug 29 at 7:06PM
MLS# 1417720

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This two-family duplex contains 4,480 square feet on a 0.11-acre lot. The first-floor residence provides a possible three-bedroom layout, one full bathroom, and a private balcony. The upper residence occupies the second and third floors and offers potential for as many as six bedrooms, two full bathrooms, and a separate balcony. The exterior combines wood shingles with vinyl siding, while interior finishes include hardwood, carpet, vinyl, and laminate flooring.

A shared basement includes a washer and dryer, and an electrically serviced shed adds separate storage space. The property is equipped with a new 2026 boiler, gas water heating, dishwashers, ranges, refrigerators, microwaves, and exhaust fans. Public water and public sewer serve the property, which is zoned RG7 and located near shopping, dining, parks, and major highway access.

Key Highlights

  • 4,480‑square‑foot duplex on a 0.11‑acre lot
  • First‑floor unit with potential for up to 3 bedrooms and 1 full bathroom
  • Second- and third‑floor unit with potential for up to 6 bedrooms and 2 full bathrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Dental Office Electrical Service Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

212
Businesses Nearby

Demographics for 02838, RI

3,801
Population
1,546
Households
2.5
Avg Household Size
38
Median Age
49%
College-Educated
91%
High-School Grad
1.4 sq mi
ZIP Area
2,715
Density / Sq Mi
$82,075
Median Household Income
$51,989
Median Earnings
$1,311
Median Rent
$327,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-level income property with flexible bedroom layouts, shared laundry, and public water and sewer service.
Where is this duplex located?
The property is located at 43 Pearl Street Lincoln, RI.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 4,480‑square‑foot duplex on a 0.11‑acre lot; First‑floor unit with potential for up to 3 bedrooms and 1 full bathroom; Second- and third‑floor unit with potential for up to 6 bedrooms and 2 full bathrooms
More about this property
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