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    1 Shangri-La Ln Middletown, RI 02842

    New
    For Sale
    $920,000

    Multi Family - Middletown, RI

    Type:Multi Family
    Property size:
    2,655 SF
    Lot size:
    0.15 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 1 Shangri-La Ln

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    Zoning
    R10
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    2
    Interior features
    Wall (dry Wall), Wall (plaster), Stairs, Plumbing (mixed), Insulation (unknown)
    Appliances
    Dishwasher, Microwave, Range, Refrigerator, Washer
    Size
    2,655 SF
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Baseboard, Electric (Heating)

    Building Details

    Year built
    1944
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Hardwood, Vinyl
    Building materials
    Plaster, Vinyl Siding
    Architectural style
    Other

    Residential Properties Ltd. (401) 439-7705 [email protected]

    Listing agent Natalie Hurney (401) 619-5622

    Listing date Dec 1, 2025

    MLS# 1399313 Listing URL

    Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Duplex Near Newport

    This completely renovated side-by-side duplex offers modern design, comfort, and versatility, making it suitable for owner-occupants and investors. Located off Boulevard, it is less than 3 miles from First and Second Beach and 1 mile from downtown Newport, in a desirable coastal neighborhood of Aquidneck Island. Each townhouse-style unit includes two bedrooms and one full bath, with open-concept layouts and new full kitchens featuring modern cabinetry, countertops, appliances, and lighting. The property has refinished hardwood floors, updated electrical and LED fixtures, and energy-efficient mini-split systems. Exterior improvements include a new front façade, new interior and exterior doors, new walkways, new entry lighting, and landscaping. Each unit has private patios, in-unit laundry, and full dry basements for storage. Situated on a corner lot, the property provides off-street parking for up to five vehicles and a backyard. This turnkey duplex is move-in ready and near beaches, shops, restaurants, and downtown Newport.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Middletown
    County
    Newport
    State
    Rhode Island
    Longitude
    -71.297727
    Latitude
    41.503648

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    FAQs

    What type of property is this?
    Duplex - Completely renovated duplex in Middletown, close to beaches and Newport.
    Where is this duplex located?
    The property is located at 1 Shangri-La Ln Middletown, RI.
    What is the asking price?
    The asking price for this property is $920,000.
    What are key features of this property?
    This property features: - Completely renovated duplex with modern design and finishes.; - Prime location: close to beaches, downtown Newport, shops, and restaurants.; - Two townhouse-style units, each with 2 bedrooms, 1 bath, open-concept layout, and new kitchen.
    (401) 619-5622
    Request Owner's contact information
    1 Shangri-La Ln Middletown, RI 02842
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Shangri-La Ln Middletown, RI 02842
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