Seller's Agent in 2025
Arthur Chapman
William Raveis Inspire
(401) 640-0807
5 in this area
61 Total Sales
132 Maple Ave Middletown, RI 02842
6
Beds
2
Baths
2,848
Sq Ft
0.38
Acres
Highlights
- Marina
- Deck
- Tennis Courts
- Golf Course Community
- Attic
- Storm Windows
About This Home
As of September 2025Unlock 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 appliances, updated bathrooms with beautifully tiled showers, and in-unit laundry facilities for tenant convenience. Each unit enjoys its own private driveway, and tenants have access to the oversized yard, offering valuable outdoor living space. The upper unit also benefits from a back deck. Ideal location just minutes from beautiful beaches, schools, shopping, downtown Newport, and the Naval Station, making it highly attractive to a wide range of renters, including military personnel and academics.
Last Agent to Sell the Property
William Raveis Inspire License #REB.0015893 Listed on: 07/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,520
Year Built
- Built in 1980
Home Design
- Slab Foundation
- Vinyl Siding
- Plaster
Interior Spaces
- 2,848 Sq Ft Home
- 2-Story Property
- Storm Windows
- Attic
- Unfinished Basement
Kitchen
- Oven
- Range with Range Hood
- Dishwasher
- Disposal
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 4 Parking Spaces
- No Garage
Utilities
- Ductless Heating Or Cooling System
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Heat Pump System
- 200+ Amp Service
- Gas Water Heater
- Cable TV Available
Additional Features
- Deck
- 0.38 Acre Lot
- Property near a hospital
Listing and Financial Details
- Tax Lot 25A
- Assessor Parcel Number 132MAPLEAVMDLT
Community Details
Overview
- 2 Units
- Two Mile Corner/Us Naval Base Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 10, 2025
Closed on
Sep 22, 2025
Sold by
Park St Reantal Prop Llc
Bought by
Koen Claire and Hohman Benjamin J
Seller's Agent
Arthur Chapman
William Raveis Inspire
Buyer's Agent
Slocum Home Team
eXp Realty
List Price
$899,999
Sold Price
$855,000
Premium/Discount to List
-$44,999
-5%
Views
50
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.46%
Original Mortgage
$812,250
Outstanding Balance
$812,250
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$81,678
Purchase Details
Closed on
Nov 1, 2022
Sold by
132-134 Maple Ave Llc
Bought by
Park St Rental Prop Llc
Purchase Details
Listed on
Sep 1, 2021
Closed on
Jan 15, 2022
Sold by
Wong Noble S
Bought by
132-134 Maple Ave Llc
Seller's Agent
David McCauley
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Olivia White
The Hennessy Group
List Price
$598,500
Sold Price
$500,000
Premium/Discount to List
-$98,500
-16.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.98%
Original Mortgage
$375,000
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Sep 1, 2021
Closed on
Nov 19, 2021
Sold by
Kluth Frank J and Kluth Uirike G
Bought by
Wong Noble S and Beaujean Nicolas
Seller's Agent
David McCauley
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Olivia White
The Hennessy Group
List Price
$598,500
Sold Price
$500,000
Premium/Discount to List
-$98,500
-16.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $855,000 | -- | |
| Warranty Deed | $760,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $500,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $812,250 | New Conventional | |
| Previous Owner | $375,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/23/2025 09/23/25 | Sold | $855,000 | -4.5% | $300 / Sq Ft | |
| 07/28/2025 07/28/25 | Price Changed | $894,999 | -0.6% | $314 / Sq Ft | |
| 07/10/2025 07/10/25 | For Sale | $899,999 | +17.2% | $316 / Sq Ft | |
| 01/11/2023 01/11/23 | Sold | $768,000 | -9.6% | $239 / Sq Ft | View Prior Sale |
| 10/20/2022 10/20/22 | Price Changed | $849,999 | -8.1% | $264 / Sq Ft | |
| 10/08/2022 10/08/22 | For Sale | $925,000 | 0.0% | $288 / Sq Ft | |
| 08/24/2022 08/24/22 | Rented | $2,200 | 0.0% | -- | |
| 08/12/2022 08/12/22 | Price Changed | $2,200 | -21.4% | $2 / Sq Ft | |
| 08/03/2022 08/03/22 | For Rent | $2,800 | 0.0% | -- | |
| 11/19/2021 11/19/21 | Sold | $500,000 | -16.5% | $156 / Sq Ft | View Prior Sale |
| 10/20/2021 10/20/21 | Pending | -- | -- | -- | |
| 09/01/2021 09/01/21 | For Sale | $598,500 | -- | $186 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,520 | $756,700 | $327,300 | $429,400 |
| 2023 | $4,526 | $359,500 | $169,000 | $190,500 |
| 2022 | $4,321 | $359,500 | $169,000 | $190,500 |
| 2021 | $4,321 | $359,500 | $169,000 | $190,500 |
| 2020 | $3,945 | $286,700 | $101,000 | $185,700 |
| 2018 | $3,942 | $286,700 | $101,000 | $185,700 |
| 2016 | $4,953 | $321,200 | $130,900 | $190,300 |
| 2015 | $4,831 | $321,200 | $130,900 | $190,300 |
| 2014 | $4,432 | $275,800 | $119,000 | $156,800 |
| 2013 | $4,333 | $275,800 | $119,000 | $156,800 |
Source: Public Records
Agents Affiliated with this Home
-
Arthur Chapman
-
Slocum Home Team
Buyer's Agent in 2025
Slocum Home Team
eXp Realty
(401) 593-1129
5 in this area
767 Total Sales
-
Olivia White
O
Seller's Agent in 2023
Olivia White
The Hennessy Group
(401) 490-1139
2 in this area
15 Total Sales
-
Alisha Juzapavicus
Seller's Agent in 2022
Alisha Juzapavicus
Warner Realty Group
(631) 338-1771
4 in this area
37 Total Sales
-
David McCauley
Seller's Agent in 2021
David McCauley
RE/MAX Profnl. Newport, Inc.
(401) 862-6206
30 in this area
69 Total Sales
-
Dawn McCauley
Seller Co-Listing Agent in 2021
Dawn McCauley
RE/MAX Profnl. Newport, Inc.
(401) 864-6348
29 in this area
75 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1389582
APN: MIDD-000108-N000000W-000025A
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