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    Middletown, RI
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    Middletown, RI Multifamily Properties for Sale

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    Turnkey Two-Family Home Near Beach
    Updated: Sep 23, 2025
    Turnkey Two-Family Home Near Beach

    4 James Street, Middletown, RI 02842

    $1,800,000
    5,144 sqft 0.25 AC lot
    Turnkey two‑family home with 8 bedrooms and 6 bathrooms; 2 bedrooms are ensuite
    Central A/C and forced‑air heating with an electric water heater
    Two kitchens, plus laundry with two washer/dryer sets included
    Attached garage, deck, and a private, flat backyard
    Parking for at least 8 cars; property includes an unfinished basement with storage potential
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    This listing looks promising.

    Here's a quick look at some key insights for

    4 James Street, Middletown, RI 02842

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    • Est. Cap Rate

      4.8%
      NOI ÷ price

    • Est. NOI

      $86K
      Annual

    • Price @ 7% Cap

      $1.23M
      Suggested

    • Property Type

      Duplex
      Built 1956
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    Updated Multi-Family Near Easton Beach
    Updated: May 14
    Updated Multi-Family Near Easton Beach

    45 Crescent Road, Middletown, RI 02842

    $1,900,000
    2,254 sqft 0.17 AC lot
    Fully updated 3‑family home (year built 1930) with 8 bedrooms and 6 full baths
    3rd‑floor unit: 3 bedrooms, 3 full baths, updated kitchen and baths, laundry, hardwood floors
    Second‑floor unit: 3 bedrooms, 2 full baths, includes a wraparound deck
    Rooftop deck access for all units and a porch/deck exterior
    All units include laundry; appliances include dishwasher, microwave, refrigerator, washer, dryer, and electric water heater
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    Side-by-Side Duplex with Shed
    Side-by-Side Duplex with Shed

    15 Ludlow Road, Middletown, RI 02842

    $550,000
    1,587 sqft 0.19 AC lot

    Corner-lot duplex with separate utilities offers flexible 2- and 3-bedroom single-level living.

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    Remodeled Two-Family Home, Middletown
    Remodeled Two-Family Home, Middletown

    188 Greene Lane, Middletown, RI 02842

    $699,000
    2,536 sqft 0.31 AC lot

    Fully remodeled two-family home in Middletown, near beaches and Newport.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 4 Active listings in Middletown, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Village Property with Retail
    Mixed-Use Village Property with Retail

    21 East Road, Tiverton, RI 02878

    $1,325,000
    5,769 sqft 5.71 AC lot

    Mixed-use offering with three residential units, a renovated retail storefront, and a newly sided 3-bay garage/workshop.

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    Renovated Multi-Family Home with Yard
    Renovated Multi-Family Home with Yard

    7 Sheffield Avenue, Newport, RI 02840

    $1,299,999
    2,079 sqft 0.11 AC lot

    Two-unit home with yard, modern amenities, and off-street parking.

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    Updated Two-Family Residence
    Updated Two-Family Residence

    2 Bedlow Avenue, Newport, RI 02840

    $999,000
    2,016 sqft 0.09 AC lot

    Well-maintained two-family with substantial system updates, off-street parking, and a detached two-car garage for flexible income potential.

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    Equestrian Estate with Indoor Riding Arena
    Equestrian Estate with Indoor Riding Arena

    3622 Main Road, Tiverton, RI 02878

    $2,500,000
    4,876 sqft 32.00 AC lot

    32-acre equestrian estate with three barns, 44 stalls, and an indoor riding arena.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Two-Family Home with Detached Garage
    Two-Family Home with Detached Garage

    39 Halsey Avenue, Southampton, NY 11968

    $2,300,000
    0.33 AC lot

    Vacant two-family residence on a 0.33-acre lot with a detached two-bay car garage and long driveway.

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    Expansive Land Parcel in Holmes
    Expansive Land Parcel in Holmes

    545 Grape Hollow Road, Holmes, NY 12531

    $750,000
    2,480 sqft 75.32 AC lot

    75+ acre land parcel with garage near I-84.

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    Residential Development Land with Ranch
    Residential Development Land with Ranch

    358 Roller Coaster Road, Laconia, NH 03246

    $1,195,000
    40.59 AC lot

    Surveyed for future subdivision of multiple home lots, with a 1998 2-bed, 2-bath ranch on site.

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    89 Acres Vacant Land Catskill
    89 Acres Vacant Land Catskill

    300 Game Farm Road, Catskill, NY 12414

    $899,900
    89.06 AC lot

    89 acres of vacant land near Catskill Game Farm.

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    Off-Market Properties in Middletown, RI

    Consider similar Off-Market properties in Middletown, RI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    861 Aquidneck Ave
    Multifamily properties

    861 Aquidneck Ave, Middletown, RI 02842

    Value Estimation by Request
    View details
    113 Fenner Ave Fenner Ave
    Churches & religious facilities

    113 Fenner Ave Fenner Ave, Middletown, RI 02842

    Value Estimation by Request
    View details

    Middletown, RI Multifamily Properties Market Trends and Statistics

    Explore 6 multifamily properties for sale in Middletown, RI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 11,521 square feet of properties for sale, with an estimated market value of $4,949,000.

    Sale prices for multifamily properties in Middletown, RI start at $550,000, averaging $1,237,250, and reaching up to $1,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 3
    Apartment buildings 1
    Short term rental properties 1
    Triplexes 1

    Demographics Overview

    Population 17K
    Population Growth (5Y) +5.8%
    Median Household Income $97,650
    College Educated 70.2%

    High-Yield Neighborhoods for Investment

    Identify Middletown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    02842 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 1.30%
    Property Tax per SF $15.53 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Newport County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Newport County

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