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Updated 3-Unit Triplex
For Sale
$1,850,000

45 Crescent Rd, Middletown, RI 02842

Renovated three-family property with multiple decks, rooftop access, laundry, and off-street parking.

Property Size2,254 SF
Price / SF$820.76
Days on Market44

Property Features for 45 Crescent Rd

General Information

Standard status Active
Size 2,254 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 3BR/3BA, 1 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units 3

Amenities

roof top deck
laundry
hardwood floors
a/c
wraparound deck

Building Details

Year Built 1930
Buildings 1
Listing Agency: RE/MAX Real Estate Center
Listed By: Kenny Farrow
Source: Alpernandmesenbourg
Added: Jul 20 Changed: Aug 30 Last Checked: Aug 31 at 7:09PM

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 RE/MAX Real Estate Center

Investment Insights

Based on property information with market context.

This 2,254-square-foot triplex contains three residential units with a combined total of 8 bedrooms and 6 full baths. The third-floor residence includes 3 bedrooms, 3 full baths, an updated kitchen, updated bathrooms, laundry, hardwood floors, and air conditioning. The second-floor unit offers 3 bedrooms, 2 full baths, and a wraparound deck, while the first-floor unit includes 2 bedrooms and 1 full bath. Each unit has laundry, and residents can access the rooftop deck.

The property is located at 45 Crescent Rd in Middletown, RI, within immediate proximity to Easton Beach. Additional features include off-street parking and extensive interior and exterior updates, creating a move-in-ready coastal residential property.

Key Highlights

  • 2,254‑square‑foot triplex with 3 residential units
  • 8 bedrooms and 6 full baths across the property
  • Third‑floor unit includes 3 bedrooms, 3 full baths, updated kitchen and baths, laundry, hardwood floors, and A/C

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Building Supply HVAC Service Law Firm Parking Lot & Garage Kitchen & Bath Showroom

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

171
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?
Triplex - Renovated three-family property with multiple decks, rooftop access, laundry, and off-street parking.
Where is this triplex located?
The property is located at 45 Crescent Rd Middletown, RI.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 2,254‑square‑foot triplex with 3 residential units; 8 bedrooms and 6 full baths across the property; Third‑floor unit includes 3 bedrooms, 3 full baths, updated kitchen and baths, laundry, hardwood floors, and A/C
More about this property
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