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    Middletown, RI
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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
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Middletown, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Six-Bedroom Multifamily Property
    Six-Bedroom Multifamily Property

    31 Gilmore Street, Providence, RI 02907

    $619,000
    2,835 sqft 0.08 AC lot

    Well-maintained six-bedroom, three-bath multifamily in Providence with recent major upgrades and flexible short-term or long-term operation.

    View details
    Renovated Mixed-Use Waterfront Building
    Renovated Mixed-Use Waterfront Building

    491 Thames Street, Newport, RI 02840

    $3,250,000
    4,800 sqft 0.06 AC lot

    High-visibility Newport property with short-term rentals and retail spaces.

    View details
    Renovated Mixed-Use Building on Thames
    Renovated Mixed-Use Building on Thames

    491 Thames Street, Newport, RI 02840

    $3,250,000

    High-visibility, renovated mixed-use building with income potential.

    View details
    Turn-Key Multifamily Investment Opportunity
    Turn-Key Multifamily Investment Opportunity

    31 Gilmore Street, Providence, RI 02907

    $640,000

    Well-maintained 6-bedroom multifamily property with income potential.

    View details

    Middletown, RI Short Term Rental Properties Market Trends and Statistics

    Explore 1 short term rental properties for sale in Middletown, RI on our real estate platform. These investment opportunities span a total of 5,144 square feet of properties for sale, with an estimated market value of $1,800,000.

    Sale prices for short term rental properties in Middletown, RI start at $1,800,000, averaging $1,800,000, and reaching up to $1,800,000 — 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 $1.8M

    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

    Retail

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