Three-unit property in the Manville section of Lincoln. The unit mix includes one 3-bedroom apartment and two 4-bedroom apartments. Units are large and feature many updates and upgrades throughout. All three units are currently occupied on month-to-month tenancies. The exterior is vinyl sided & building has a full basement plus two living levels townhouse style. The lot is 0.12 acres. Parking includes three off-street spaces. The property is well maintained and professionally managed. P and L and rent roll are available upon request.
For sale
$549,000
54 Spring St, Manville, RI 02838
11beds
2,604sqft
Est.:
Multi Family
Built in 1890
-- sqft lot
$539,800 Zestimate®
$211/sqft
$-- HOA
What's special
Full basement
- 1 day |
- 288 |
- 34 |
Zillow last checked:
Listing updated:
Listed by:
James Luth 401-862-9078,
HERE Realty
Source: StateWide MLS RI,MLS#: 1410369
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Space Heater
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Wall (Dry Wall), Plumbing (Mixed)
- Flooring: Carpet
- Basement: Full,Interior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,604
- Total interior livable area: 2,604 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: No Garage, Driveway
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 5,157.5 Square Feet
- Features: Sidewalks
Details
- Parcel number: LINCM37L0900U
- Zoning: BL05
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Vinyl Siding
- Foundation: Stone
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Municipal
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Manville
HOA
- Has HOA: No
Location
- Region: Manville
Financial & listing details
- Price per square foot: $211/sqft
- Tax assessed value: $433,900
- Annual tax amount: $5,866
- Date on market: 4/21/2026
- Total actual rent: 4534
- Tenant pays: Heat
Estimated market value
$539,800
$513,000 - $567,000
$2,103/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/21/2026 | Listed for sale | $549,000+377.4%$211/sqft |
Source:  StateWide MLS RI #1410369 Report a problem | ||
| 7/29/2016 | Sold | $115,000-14.2%$44/sqft |
Source: Public Record Report a problem | ||
| 5/25/2001 | Sold | $134,000$51/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,866 +8.9% | $433,900 +39.7% |
| 2024 | $5,387 +5.2% | $310,500 |
| 2023 | $5,120 +0.2% | $310,500 |
| 2022 | $5,108 +3.9% | $310,500 +28.2% |
| 2021 | $4,914 +0.7% | $242,200 |
| 2020 | $4,878 +1.7% | $242,200 +12.8% |
| 2018 | $4,796 +1.9% | $214,800 |
| 2017 | $4,704 -0.8% | $214,800 -2.2% |
| 2016 | $4,743 +25.4% | $219,600 +36.7% |
| 2015 | $3,781 -0.2% | $160,700 |
| 2014 | $3,788 +0.3% | $160,700 |
| 2013 | $3,775 -13.5% | $160,700 +697.1% |
| 2012 | $4,365 | $20,160 -90% |
| 2011 | $4,365 | $201,600 |
| 2010 | $4,365 -10.1% | $201,600 -27.2% |
| 2009 | $4,857 +3.9% | $276,900 |
| 2008 | $4,674 +1.2% | $276,900 +16.9% |
| 2006 | $4,617 +7.7% | $236,900 +6% |
| 2005 | $4,285 | $223,400 |
Find assessor info on the county website
Monthly payment
Est. payment
$3,204/mo
Principal & interest
$2696
Property taxes
$508
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Climate risks
Neighborhood: Manville
Nearby schools
GreatSchools rating
- 5/10Northern Lincoln ElementaryGrades: PK-5Distance: 0.5 mi
- 7/10Lincoln Middle SchoolGrades: 6-8Distance: 4.1 mi
- 9/10Lincoln Senior High SchoolGrades: 9-12Distance: 2.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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