$499,000

Estimated payment $3,110/month

Total Views 1,702
2 Beds
2 Baths
1,060 Sq Ft
$471 Price per Sq Ft

Highlights

  • Marina
  • Community Pool
  • Storm Windows
  • Golf Course Community
  • Tennis Courts
  • Public Transportation

About This Home

Calling all investors! Lots of potential in this 2-unit property. Excellent investment opportunity in the heart of Middletown! This side-by-side duplex features two one-bedroom, one-bath units, making it an ideal property for investors or owner-occupants seeking rental income. Each unit offers a functional layout with private entrances and comfortable living spaces. Perfectly situated on the Newport line, this property offers exceptional convenience to everyday amenities, including grocery stores, department stores, home d cor retailers, and a wide variety of popular restaurants. Just minutes from Newport's vibrant waterfront, historic attractions, and renowned beaches, residents can enjoy the best of Aquidneck Island living. Whether heading to Second Beach, Easton's Beach, downtown Newport, or nearby parks and recreation, everything is within easy reach. With its prime location, strong rental appeal, and proximity to shopping, dining, beaches, and all that Newport has to offer, this duplex presents an outstanding opportunity for both investment and owner. Property is also being sold as a package with 247 West Main, MLS # 1418571.

Listing Agent

Jeanne Allen

William Raveis Inspire License #REB.0013436 Listed on: 07/25/2026

William Raveis Inspire

Co-Listing Agent

Arthur Chapman

William Raveis Inspire License #REB.0015893

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,400

Year Built

  • Built in 1949

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 1,060 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Separate Meters
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • 5,663 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Legal Lot and Block 283 / NW
  • Assessor Parcel Number 249251WESTMAINRDMDLT

Community Details

Overview

  • 2 Units
  • Two Mile Corner Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,400

Year Built

Built in 1949

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Co List Office Mls Id: CHAP
  • Co List Office Phone: 401-846-3800
  • Inclusions: Sellers' Lead Disclcosure
  • Subdivision Name: Two Mile Corner
  • Above Grade Finished Sq Ft: 1060.0
  • Architectural Style: Side By Side
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater, Oven, Range, Refrigerator
  • Owner Pays: Hot Water
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Stall Shower, Cable TV
  • Stories: 1
  • Window Features: Storm Window(s)

Exterior Features

  • Construction Type: Drywall, Masonry, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Separate Meters
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Available, Sewer Connected, Water Available
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5663.0
  • Parcel #: 249251WESTMAINRDMDLT
  • Zoning: OBA

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4400.0
  • Tax Block: NW
  • Tax Lot: 283
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,400 $373,200 $216,500 $156,700
2024 $4,202 $373,200 $216,500 $156,700
2023 $2,838 $225,400 $123,200 $102,200
2022 $2,709 $225,400 $123,200 $102,200
2021 $2,709 $225,400 $123,200 $102,200
2020 $2,758 $200,400 $107,200 $93,200
2018 $2,756 $200,400 $107,200 $93,200
2016 $2,638 $171,100 $80,300 $90,800
2015 $2,573 $171,100 $80,300 $90,800
2014 $2,407 $149,800 $72,900 $76,900
2013 $2,353 $149,800 $72,900 $76,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/25/2026 07/25/26 For Sale $499,000 0.0% $471 / Sq Ft
08/03/2015 08/03/15 Rented $950 0.0% --
07/04/2015 07/04/15 Under Contract -- -- --
05/14/2015 05/14/15 For Rent $950 -- --
Source: State-Wide MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Source: State-Wide MLS

MLS Number: 1418769

State-Wide MLS

APN: MIDD-000108-N000000W-000284

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