$1,800,000

4 James St Middletown, RI 02842

Estimated payment $10,522/month

Total Views 8,286
7 Beds
6 Baths
5,144 Sq Ft
$350 Price per Sq Ft

Highlights

  • Deck
  • 1 Fireplace
  • 1 Car Attached Garage
  • Wood Flooring
  • Porch
  • Storage Room

About This Home

ATTENTION BUYERS - GREAT OPPORTUNITY TO PURCHASE A PROPERTY AS A FAMILY COMPOUND OR FOR AN INVESTMENT - Turnkey two-family home has been completely upgraded and sits on Easton's Point within walking distance to the beach! You'll find 8 bedrooms (2 are ensuite) and 6 bathrooms with everything updated - bathrooms, central A/C, two kitchens, floors, two laundry washers/dryers, with all furniture included in the sale. Other highlights include an attached garage, deck, private and flat backyard, and parking for at least 8 cars. Floor plans allow for flexibility of customizing the size of each rental unit or splitting the space to your configuration preference for personal use and a rental unit. A large unfinished basement provides tons of storage space which may allow the adding of a finished living space/rec room. The property maybe converted back to single-family use and is currently rented seasonally until May 2026. No bookings exist beyond May 2026; Airbnb summer rentals have been highly successful. Note: this listing is also shown as a single-family listing under MLS listing #1395808.

Listing Agent

Teri Degnan

Teri Degnan RE & Consulting License #REC.0015615 Listed on: 09/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,644

Year Built

  • Built in 1956

Lot Details

  • 0.25 Acre Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 5,144 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Storage Room
  • Laundry in unit
  • Utility Room
  • Storm Doors

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 4JAMESSTMDLT

Community Details

Overview

  • 2 Units
  • Easton's Point Subdivision

Building Details

  • Operating Expense $52,478

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,644

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Subdivision Name: Easton's Point
  • Above Grade Finished Sq Ft: 5144.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1956
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater, Water Heater
  • Has Basement: Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 7
  • Door Features: Storm Door(s)
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate, Vinyl
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3

Exterior Features

  • Construction Type: Drywall, Plaster
  • Exterior Features: Deck, Porch
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 9.0

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 4JAMESSTMDLT

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 52478.0

Tax Info

  • Tax Annual Amount: 12644.0
  • Tax Lot: 31
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $17,652 $1,497,200 $919,400 $577,800
2024 $16,858 $1,497,200 $919,400 $577,800
2023 $10,428 $828,300 $541,100 $287,200
2022 $9,956 $828,300 $541,100 $287,200
2021 $9,689 $806,100 $541,100 $265,000
2020 $9,280 $674,400 $430,900 $243,500
2018 $10,458 $760,600 $517,100 $243,500
2016 $9,281 $601,900 $373,500 $228,400
2015 $9,053 $601,900 $373,500 $228,400
2014 $8,959 $557,500 $357,400 $200,100
2013 $8,758 $557,500 $357,400 $200,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2025 09/23/25 For Sale $1,800,000 +203.5% $350 / Sq Ft
09/12/2018 09/12/18 Sold $593,000 -31.1% $115 / Sq Ft View Prior Sale
08/13/2018 08/13/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $860,600 -- $167 / Sq Ft
Source: State-Wide MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $593,000 --
Warranty Deed $186,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $127,000 No Value Available
Previous Owner $138,000 No Value Available
Previous Owner $138,770 No Value Available
Previous Owner $136,500 No Value Available
Source: Public Records

Source: State-Wide MLS

MLS Number: 1394661

State-Wide MLS

APN: MIDD-000122-000000-000031