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Upgraded Two-Family Duplex Near Beach
For Sale
$1,800,000

4 James Street, Middletown, RI 02842

Fully updated property with furnished interiors, private outdoor space, and seasonal rental use.

Property SizeContact for details
Days on Market377

Property Features for 4 James Street

General Information

Standard status Active
Total Parking Spaces 8
Property subtype Multi-family
Lease Term []

Amenities

attached garage
deck
private backyard
central air conditioning
two kitchens
two laundry washers/dryers
large unfinished basement

Building Details

Year Built 1956
Buildings 1
Tenancy Multi
Listing Agency: Teri Degnan RE & Consulting
Listed By: Teri Degnan
Source: Teridegnan
Added: Aug 1, 2025 Changed: Aug 11 Last Checked: Aug 11 at 9:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Teri Degnan RE & Consulting

Investment Insights

Based on property information with market context.

This fully upgraded two-family duplex on Easton's Point offers 8 bedrooms, including 2 ensuite bedrooms, and 6 bathrooms. The property includes two kitchens, central A/C, updated floors and bathrooms, two laundry washers/dryers, and furniture included in the sale. An attached garage, deck, private flat backyard, and parking for at least 8 cars add practical functionality. A large unfinished basement provides storage and may allow for finished living space or a recreation room.

The property is within walking distance to the beach and is currently rented seasonally until May 2026. It has a current short-term rental registration, and Airbnb summer rentals are permitted within the property's existing rental use. No bookings exist beyond May 2026.

Floor plans allow flexibility to customize the size of each rental unit, configure the property for personal use and a rental unit, or convert it back to single-family use.

Key Highlights

  • Fully upgraded two‑family duplex with 8 bedrooms and 6 bathrooms
  • 2 ensuite bedrooms, 2 kitchens, central A/C, and 2 laundry washers/dryers
  • Furniture included; attached garage, deck, private flat backyard, and parking for at least 8 cars

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Parking Lot & Garage Building Supply HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

126
Businesses Nearby

Demographics for 02842, RI

17,115
Population
8,255
Households
2.1
Avg Household Size
43
Median Age
49%
College-Educated
96%
High-School Grad
12.5 sq mi
ZIP Area
1,369
Density / Sq Mi
$97,650
Median Household Income
$47,307
Median Earnings
$1,906
Median Rent
$536,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Fully updated property with furnished interiors, private outdoor space, and seasonal rental use.
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: Fully upgraded two‑family duplex with 8 bedrooms and 6 bathrooms; 2 ensuite bedrooms, 2 kitchens, central A/C, and 2 laundry washers/dryers; Furniture included; attached garage, deck, private flat backyard, and parking for at least 8 cars
More about this property
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