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4 James Street Middletown, RI 02842

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For Sale
$1,800,000

MULTI_FAMILY - Middletown, RI

Lot size:
0.25 Acres
Added:
Sep 23, 2025
Days on Market:
215
Last Refresh:
Apr 25 at 6:06 pm

Property Features for 4 James Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
6
Rooms
Bedroom 2, Bathroom 3, Bathroom 5, Bedroom 1, Bathroom 2, Basement, Bedroom 6, Bathroom 1, Bedroom 5, Bathroom 6, Bedroom 7, Bedroom 3, Bedroom 4, Bathroom 4
Parking
9
Patio and Porch features
Deck, Porch
Interior features
Wall (Dry Wall), Wall (Plaster), Insulation (Unknown)
Exterior features
Deck, Porch
Fireplace
1
Appliances
Electric Water Heater
Standard status
Active
Lot size
0.25 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
12644

Utilities

Heating system
Central, Oil, Forced Air
Cooling system
Central Air
Water source
Public

Building Details

Year built
1956
Floors in Building
3
Number of units
2
Flooring type
Vinyl, Laminate, Hardwood
Building materials
Dry Wall, Plaster

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Listing Contact
Teri Degnan

Listing agent Teri Degnan

Listing office Teri Degnan Re & Consulting 38 Bellevue Avenue, Suite F, Newport, RI

Listing date Sep 23, 2025

MLS# 1394661 Listing URL

Copyright © 2026 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

Turnkey Two-Family Home Near Beach

This turnkey two-family home, situated on Easton's Point within walking distance to the beach, presents an opportunity for use as a family compound or investment property. The property features 8 bedrooms, including 2 ensuite bedrooms, and 6 bathrooms. Upgrades include central A/C, two kitchens, updated flooring, and two laundry areas with washers and dryers. All furniture is included in the sale. Additional features are an attached garage, a deck, a private and flat backyard, and parking space for at least 8 cars. The floor plans allow for flexibility in customizing the size of each rental unit or splitting the space according to preference for personal use and a rental unit. A large unfinished basement provides storage space and may allow for the addition of a finished living space or rec room. The property, which sits on a 0.25-acre lot, may be converted back to single-family use. The property is currently rented seasonally until May 2026, with no bookings beyond that date. There is a current short term rental registration, and Airbnb summer rentals have been successful.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Restaurant Dental Office Building Supply Gym & Fitness Center Accounting Firm Daycare Center Kitchen & Bath Showroom Big Box & Wholesale Store Department Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Middletown
County
Newport
State
Rhode Island
Longitude
-71.275249
Latitude
41.486482

FAQs

What type of property is this?
Duplex - Updated two-family home near the beach, ideal for investment.
Where is this duplex located?
The property is located at 4 James Street Middletown, RI.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Turnkey, fully furnished two‑family home on Easton's Point, walking distance to the beach.; Investment opportunity with successful short‑term rental history and registration.; Eight bedrooms (two ensuite) and six updated bathrooms.
More about this property
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