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Middletown, RI Multifamily Homes & Duplexes for Sale

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  • /44

    $1,695,000

    • 4 Beds
    • 3.5 Baths
    • 2,819 Sq Ft

    60 Division St, Newport, RI 02840

    Welcome to the Charles Hammett House, a distinguished historic residence in Newport's coveted Historic Hill neighborhood. Before stepping inside, pause on the charming front stoop and enter through iconic red Dutch door into a home rich in character and modern comfort. You're greeted by a dramatic staircase with built-in light fixture and stained-glass windows. The inviting living and dining

    Michelle Drum Gustave White Sotheby's Realty

    60 Division St, Newport, RI 02840
  • /21

    $799,000 Open Sun 1PM - 3PM

    • 4 Beds
    • 4 Baths
    • 2,080 Sq Ft

    43 Garfield St, Newport, RI 02840

    Great opportunity to own a multi family home on a quiet residential street in Newport! Side by side, townhouse style units are mirror images of each other. Each unit features over 1000 sq feet per unit, 2 bedrooms and 1.5 baths. Eat in kitchen with laundry in unit. Left side has young, natural gas, heating system and ceramic tile floors in updated kitchen. Sliders lead out to private patio

    Shelley Andrade Century 21 Topsail Realty

    43 Garfield St, Newport, RI 02840
  • /43

    $895,000

    • 4 Beds
    • 2 Baths
    • 1,600 Sq Ft

    17 Dearborn St, Newport, RI 02840

    Presenting 17 Dearborn Street, The Owen Greelish House. Located just three doors from Thames Street, 17 Dearborn puts you in the center of Newport's vibrant waterfront district steps from world-class dining, boutique shopping, nightlife, and the harbor. This is a rare opportunity to own in one of the most walkable and high-demand locations in town. Currently configured as a two-unit multi-family

    Joe Fitzpatrick RE/MAX Results

    17 Dearborn St, Newport, RI 02840
  • /50

    $849,900

    • 4 Beds
    • 4 Baths
    • 2,862 Sq Ft

    223 Oliphant Ln, Middletown, RI 02842

    Listing description: A rare investment opportunity in one of Middletown's most central and convenient locations. This well-maintained two-family property sits on over 1.5 acres, offering privacy on a pastoral setting, and strong potential for owner-occupancy or rental income. Each townhouse-style unit features 2 spacious bedrooms, 1.5 bathrooms, large living rooms, private rear decks, and

    Joe Fitzpatrick RE/MAX Results

    223 Oliphant Ln, Middletown, RI 02842
  • /41

    $1,776,000

    • 5 Beds
    • 5 Baths
    • 2,448 Sq Ft

    13 Dean Ave, Newport, RI 02840

    Fully restored, and de-leaded 3 unit on oversized lot (25% building cov.) in the heart of Newport's Historic Yachting Village! Located steps to Thames Street and all Newport has to offer, this is a tremendous investment or owner occupant opportunity offering as high as a 7.2% Cap Rate--a stellar return for the area, and up to 9 PARKING SPACES. The entire home has been renovated and restored from

    The WP Group Smith and Oak Real Estate Co.

    13 Dean Ave, Newport, RI 02840
  • /39

    $894,999

    • 6 Beds
    • 2 Baths
    • 2,848 Sq Ft

    132 Maple Ave, Middletown, RI 02842

    Unlock a steady stream of income or live in first level and build equity with this turnkey two-family home located at 132 Maple Avenue in the desirable community of Middletown, Rhode Island. This fully rented property presents an exceptional opportunity for investors seeking a strong return on investment in a thriving rental market. Both units feature updated kitchens and stainless steel

    Arthur Chapman William Raveis Inspire

    132 Maple Ave, Middletown, RI 02842
  • /32

    $2,750,000

    • 6 Beds
    • 4.5 Baths
    • 4,688 Sq Ft

    33 Kay St, Newport, RI 02840

    Owned by the same family for nearly 100 years, this stately Victorian offers a wide range of development possibilities including continued use as a rental property, conversion to condominiums or restoration back to a magnificent single-family estate. The half-acre grounds front on both Kay St and Bowler Ln, offering rare space in this historic district perfect for adding a pool, pool house, or

    Leslie Hogan Hogan Associates Christie's

    33 Kay St, Newport, RI 02840
  • /25

    $584,200

    • 4 Beds
    • 2 Baths
    • 1,560 Sq Ft

    188 Greene Ln, Middletown, RI 02842

    CONTRACTORS and INVESTORS TAKE NOTICE! Fantastic opportunity and location near the Navy base with huge potential. Legal 2 family with multiple out buildings. Each unit has 2 beds, 1 bath, living room and eat in kitchen. Laundry is located in the basement. There are 2 oil tanks and 2 heating systems. Needs a complete rehab but well worth the effort. Property is being sold "AS IS" and Subject to

    Trish Gray Century 21 Topsail Realty

    188 Greene Ln, Middletown, RI 02842
  • /43

    $2,525,000

    • 5 Beds
    • 6.5 Baths
    • 3,595 Sq Ft

    12 Poplar St, Newport, RI 02840

    Welcome to Poplar Point, a beautifully renovated residence offering turnkey, modern living on an oversized lot in Newport's coveted Point neighborhood. This bright and airy home features high ceilings, gleaming hardwood floors, and an abundance of natural light throughout. The open-concept kitchen is appointed with top-of-the-line appliances, marble countertops, and a spacious walk-in pantry. The

    Lauren Mailloux Our Real Estate

    12 Poplar St, Newport, RI 02840
  • /23

    $2,350,000

    • 10 Beds
    • 7 Baths
    • 5,094 Sq Ft

    24 Old Beach Rd, Newport, RI 02840

    This grand 22-room Victorian may be your Newport dream home! Presently used as a two-family with a generous layout spanning over 5000 square feet, this property would easily blossom into a gracious single-family home, ideal intergenerational family compound, or flexible multi-family. Just off Bellevue Avenue, between Newport Harbor and the Atlantic Ocean at Easton's Beach, the Big Pond, and

    Daniel Cordeiro Gustave White Sotheby's Realty

    24 Old Beach Rd, Newport, RI 02840
  • /50

    $1,400,000

    • 5 Beds
    • 3 Baths
    • 2,313 Sq Ft

    74 Third St, Newport, RI 02840

    Create your coastal dream home in one of Newport's most charming neighborhoods. Located in Historic Point, the property includes a 2-unit main residence, easily convertible into a single-family home, as well as a bonus converted-barn outbuilding to customize and adapt into guest quarters, a creative studio, a home office, or whatever your heart desires. The main house's first level is a 1-bedroom

    Marisa Ferris Residential Properties Ltd.

    74 Third St, Newport, RI 02840
  • /47

    $875,000

    • 4 Beds
    • 2.5 Baths
    • 1,600 Sq Ft

    12 Callender Ave, Newport, RI 02840

    This quintessential Newport colonial, circa 1853, is a highly limited and sought after multi-family home located just steps from Newport's most desirable restaurants, art galleries, and shops in the Off-Broadway neighborhood. This multi-family home is comprised of 2 living units - a PERFECT setup. Fabulous rental history. The home also could be easily converted back to a single-family home.

    Debra Jobin RE/MAX River's Edge - Bristol

    12 Callender Ave, Newport, RI 02840
  • /50

    $2,999,000 Open Sat 10:30AM - 12PM

    • 5 Beds
    • 4.5 Baths
    • 3,488 Sq Ft

    104 Second St, Newport, RI 02840

    Elegance reimagined! This beautifully restored Victorian home, located in the distinguished Point neighborhood has direct water views of Narragansett Bay, Rose Island, and Newport Bridge. Sited on a corner lot with off-street parking, dedicated green space, and thoughtfully designed landscaping, the grounds offer a perfect setting for outdoor entertainment and relaxation. The interior of the home

    Karin Jackson Lila Delman Compass

    104 Second St, Newport, RI 02840
  • /34

    $1,590,000

    • 5 Beds
    • 3 Baths
    • 2,285 Sq Ft

    33 Marsh St, Newport, RI 02840

    Located in Newport's historic Point neighborhood, this meticulously maintained condominium building offers two independent units, each blending historic charm and modern updates. Ideal for investors or those seeking a unique living space, the property is just a short distance from the harbor and local attractions. The first-floor unit features one spacious bedroom, and a light-filled flex space

    Lahna Son-Cundy Mott & Chace Sotheby's Intl.

    33 Marsh St, Newport, RI 02840
  • /50

    $1,250,000

    • 4 Beds
    • 2 Baths
    • 2,079 Sq Ft

    576 E Main Rd, Middletown, RI 02842

    Two homes being sold together! Both homes were built in 1940 with quality construction and an appreciation for detailed craftsmanship as evidenced with the flooring and trim work. The back house located at 578 East Main Road has been the family home for decades. Comprised of two bedrooms, first floor laundry, and dedicated dining and living rooms, the sweetness of this home is idyllic. The front

    Karin Jackson Lila Delman Compass

    576 E Main Rd, Middletown, RI 02842
  • /47

    $2,200,000

    • 9 Beds
    • 5 Baths
    • 6,330 Sq Ft

    130 Spring St Unit 132, Newport, RI 02840

    130-132 Spring St is a classic historic Newport building in the heart of downtown with two 1st floor retail spaces combined and 4 residential apartments upstairs. The building is fully occupied and has 5 parking space. Use is versatile since it is located in a general business zone. Kitchens and baths have been updated, the building exterior was just painted in August 2024. Two of the units

    Teri Degnan Teri Degnan RE & Consulting

    130 Spring St Unit 132, Newport, RI 02840

Why Live in Middletown

Middletown, Rhode Island, centrally located on Aquidneck Island, offers a blend of rural charm and convenient access to nearby Newport and Portsmouth. Residents enjoy proximity to popular beaches and local farms, with East and West Main Roads providing easy commutes to Newport's attractions. The community features modern homes with a classic New England feel, including Colonial Revivals, Dutch Colonials, ranch-style homes, bilevels, and split levels, mostly built between the midcentury and early 2000s. Outdoor activities are plentiful, with scenic spots like Bishop’s Rock and Pebble Beach offering stunning views, and Albro Woods connecting to the Sakonnet Greenway Trail. Middletown is close to Easton’s Beach, Second Beach, and Third Beach, as well as the Cliff Walk in Newport, which offers panoramic views of Easton Bay. The area is served by highly rated schools such as The Pennfield School, Joseph H. Gaudet School, and Middletown High School. West Main Road is the central shopping hub, featuring both chain stores like Stop & Shop, Aldi, and Home Depot, and local businesses such as Foodlove Market, The French Confection, and International Pocket Café. Middletown also boasts local farms and vineyards, including Simmons Farm, Sweet Berry Farm, and Newport Vineyards. Newport State Airport is nearby, with Rhode Island T.F. Green International Airport 30 miles north. The town is well-connected, with routes to Providence and Massachusetts, making it a practical choice for commuters.

Home Trends in Middletown, RI

Housing Trends

Median Sale Price
$358,000
Median Single Family Sale Price
$358,000
Median 2 Bedroom Sale Price
$690,000
Average Price Per Sq Ft
$294
Number of Homes for Sale
1
Last 12 months Home Sales
33
Months of Supply
0.40
Median List Price
$450,000
Median Change From 1st List Price
14%
Median Home Sale Price YoY Change
139%
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