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    7 Restmere Ter Middletown, RI 02842

    Sponsored
    For Sale
    $900,000

    MULTI_FAMILY - Middletown, RI

    Lot size:
    0.35 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 6 at 10:06 pm

    Property Features for 7 Restmere Ter

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R10
    Rooms
    Bedroom 6, Bedroom 2, Basement, Bedroom 5, Bathroom 2, Bathroom 1, Bathroom 4, Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 4
    Bedrooms
    6
    Bathrooms
    4
    Parking
    8
    Parking features
    Garage
    Patio and Porch features
    Deck
    Interior features
    Wall (Dry Wall), Wall (Plaster), Attic, Plumbing (Copper), Plumbing (Galvanized), Plumbing (Mixed), Plumbing (PVC), Insulation (Cap), Insulation (Walls)
    Exterior features
    Deck
    Fireplace
    1
    Appliances
    Dryer, Oven/Range, Refrigerator, Washer
    Lot size
    0.35 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard, Oil
    Water source
    Public

    Building Details

    Year built
    1960
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Hardwood, Tile - Ceramic, Laminate, Vinyl
    Building materials
    Dry Wall, Plaster, Vinyl Siding

    Lila Delman Compass

    Listing agent Bill Sizeland (401) 862-0784

    Listing date Jan 4, 2026

    MLS# 1401324 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

    Spacious Middletown Home with Office

    Originally constructed as a side-by-side duplex, the property is currently configured as a spacious single-family residence with office space. The home features hardwood floors throughout the main living areas and bedrooms. Designed with two heating systems, two hot water tanks, two electrical services, and two water meters, the residence can accommodate various living arrangements. Two wood-burning fireplaces provide a cozy atmosphere, and a whole-house generator ensures continuous comfort. Currently featuring one kitchen, a second kitchen would need to be added, along with dividing walls, to convert the property back into a two-family dwelling. This setup is suitable for multi-generational living, with the option to revert to two units, as permitted by right. The finished lower level offers substantial space for diverse uses. The private, partially fenced yard provides a tranquil environment with a large deck, ideal for relaxation or entertaining. A free-standing shed is available for storing yard tools and beach equipment. Located in a quiet cul-de-sac, the home offers privacy and tranquility while remaining close to beaches, shopping, and restaurants. Its location near the War College, the base, and downtown Newport makes it desirable for those seeking a balance of peaceful living and accessibility. The lot size is 0.3534 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sisters of St. Joseph ... Association Or Organization

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Newport
    State
    Rhode Island
    Longitude
    -71.296096
    Latitude
    41.507049

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    FAQs

    What type of property is this?
    Duplex - Versatile property near beaches, shopping, and Newport.
    Where is this duplex located?
    The property is located at 7 Restmere Ter Middletown, RI.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - Prime location: Close to beaches, shopping, restaurants, War College, the base, and downtown Newport.; - Flexible living arrangements: Can be used as a spacious single-family home or converted back into a two-family dwelling (as permitted by right).; - Equipped with two of each: heating systems, hot water tanks, electrical services, and water meters.
    (401) 848-2101
    Request Owner's contact information
    7 Restmere Ter Middletown, RI 02842
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    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

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    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
    7 Restmere Ter Middletown, RI 02842
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