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Licensed Short-Term Rental Home
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57 Tuckerman Avenue, Middletown, RI 02842

2018 custom-built home operates as a licensed short-term rental and offers ocean views from all three levels.

Property Size3,907 SF
Price / SF$1,227
Days on Market178

Property Features for 57 Tuckerman Avenue

General Information

Standard status Active
Size 3,907 SF
Total Parking Spaces 6
Property subtype Hospitality, Special Purpose
Occupancy 40%
Investment Type Owner/User
Net Operating Income $131,627

Additional Details

Business Included Yes

Building Details

Year Built 2018
Stories 3
Tenancy Single
Listing Agency: Domain Properties
Listed By: Kelly Moran · License #REB0018812
Source: Crexi
Added: May 5 Changed: Oct 25 Last Checked: Oct 28 at 7:33AM

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 Domain Properties

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Investment Insights

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Built in 2018, this custom coastal retreat is offered fully furnished and set up as a licensed short-term rental. The main level features an expansive great room with dual living areas, a chef’s kitchen with premium Wolf appliances, and direct flow to outdoor living. A private first-floor in-law suite adds separation for guests or multi-generational living. Upstairs there are three bedrooms, including an ocean-facing primary suite with balcony. The third-floor great room offers vaulted ceilings with skylights, a kitchenette, a half bath, and dual balconies.

Outside, the elevated patio includes custom masonry with a gas fire pit, outdoor kitchen, and shower. Additional highlights include off-street parking for up to six vehicles, phantom screens, central vacuum, and ADT security.

The property is positioned just 7 houses from Easton’s Beach access point, with summer bookings in place. Remarks also note the license was grandfathered in under prior zoning.

Key Highlights

  • 2018 custom‑built home with ocean views from all three levels
  • Licensed short‑term rental with summer bookings in place (grandfathered under prior zoning)
  • Ocean‑facing primary suite with balcony plus 2 additional upstairs bedrooms

Property Analytics

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Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

149
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
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - 2018 custom-built home operates as a licensed short-term rental and offers ocean views from all three levels.
Where is this short term rental property located?
The property is located at 57 Tuckerman Avenue Middletown, RI.
What is the asking price?
The asking price for this property is $4,795,000.
What are key features of this property?
This property features: 2018 custom‑built home with ocean views from all three levels; Licensed short‑term rental with summer bookings in place (grandfathered under prior zoning); Ocean‑facing primary suite with balcony plus 2 additional upstairs bedrooms
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