$920,000
$30K PRICE DROP

1 Shangri-La Ln Middletown, RI 02842

Estimated payment $5,745/month

Total Views 6,096
4 Beds
2 Baths
2,655 Sq Ft
$347 Price per Sq Ft

Highlights

  • Marina
  • Wood Flooring
  • Ductless Heating Or Cooling System
  • Golf Course Community
  • Tennis Courts
  • 4-minute walk to Vernon Park

About This Home

Completely renovated from top to bottom, this impressive side-by-side duplex offers a perfect balance of modern design, comfort, and versatility ideal for both owner-occupants and savvy investors alike. Ideally located just off Boulevard, less than 3 miles from First and Second Beach and only 1 mile from downtown Newport, it's a rare opportunity to own a fully updated property in one of Aquidneck Island's most desirable coastal neighborhoods. Each townhouse-style unit features two spacious bedrooms and one full bath, with open-concept layouts and brand-new full kitchens showcasing modern cabinetry, countertops, appliances, and lighting. Every surface has been refreshed with refinished hardwood floors, updated electrical and LED fixtures, and energy-efficient mini-split systems for year-round comfort. The improvements extend to the exterior with a new front fa ade, new interior and exterior doors, new walkways, new entry lighting, and fresh landscaping that enhance the home's curb appeal. Each unit also includes private patios, in-unit laundry, and full dry basements offering ample storage space. Set on a generous corner lot, the property provides off-street parking for up to five vehicles and a spacious backyard perfect for entertaining or relaxing outdoors. Move-in ready and minutes from beaches, shops, restaurants, and downtown Newport, this turnkey duplex delivers it all modern living, prime location, and excellent investment potential

Listing Agent

Natalie Hurney

Residential Properties Ltd. License #RES.0048599 Listed on: 11/06/2025

Residential Properties Ltd.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Parking

  • No Garage

Home Design

  • Combination Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,655 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Laundry in unit

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • 200+ Amp Service
  • Gas Water Heater

Additional Features

  • 6,534 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 13SHANGRI-LALANEMDLT

Community Details

Overview

  • 2 Units
  • Fenner Ave Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Subdivision Name: Fenner Ave
  • Above Grade Finished Sq Ft: 2655.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Interior Steps, Stall Shower
  • Dining Room Type: Storage Room
  • Stories: 2

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Foundation Details: Combination

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: In Unit
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Ductless, Electric, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Separate Meters
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 13SHANGRI-LALANEMDLT
  • Zoning: R10

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 19

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2025 12/01/25 Price Changed $920,000 -3.2% $347 / Sq Ft
11/06/2025 11/06/25 For Sale $950,000 +46.2% $358 / Sq Ft
08/21/2025 08/21/25 Sold $650,000 -7.1% $245 / Sq Ft View Prior Sale
07/23/2025 07/23/25 Pending -- -- --
07/23/2025 07/23/25 For Sale $700,000 -- $264 / Sq Ft
Source: State-Wide MLS

Source: State-Wide MLS

MLS Number: 1399313

State-Wide MLS