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    Updated 3-Unit Waterfront Triplex
    Updated: May 14
    Updated 3-Unit Waterfront Triplex

    45 Crescent Road, Middletown, RI 02842

    $1,850,000
    2,254 sqft 0.17 AC lot
    Three‑unit property with 8 bedrooms and 6 full baths
    2,254 square feet on a 0.17‑acre lot
    Third‑floor unit includes 3 bedrooms, 3 baths, updated kitchen, updated baths, hardwood floors, A/C, and laundry
    Second‑floor residence has 3 bedrooms, 2 baths, laundry, and a wraparound deck
    All units provide access to the rooftop deck, with additional porch and deck features
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

    Mixed-Use Property with Garage
    Mixed-Use Property with Garage

    21 East Road, Tiverton, RI 02878

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

    Three legal residential units accompany a renovated retail storefront and substantial workshop space in Tiverton Four Corners.

    View details
    Updated 3-Unit Multifamily Property
    Updated 3-Unit Multifamily Property

    626 Thames Street, Newport, RI 02840

    $2,195,000
    4,165 sqft

    Three residential units include off-street parking, a detached garage, and a valid transient guest facility license.

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    Mixed-Use Retail and Residential Property
    Mixed-Use Retail and Residential Property

    21 East Road, Tiverton, RI 02878

    $1,325,000
    2,352 sqft 6.00 AC lot

    Renovated retail storefront plus three legal residential units and a 3-bay garage/workshop on two lots.

    View details
    Turnkey Updated Triplex with Garage
    Turnkey Updated Triplex with Garage

    5 Elliot Place, Newport, RI 02840

    $1,385,000

    Three-unit property with recent renovations, EV charger, 2-car garage, deck, and garden area plus five off-street parking spaces.

    View details

    Middletown, RI Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Middletown, RI on our real estate platform. These investment opportunities span a total of 2,254 square feet of properties for sale, with an estimated market value of $1,850,000.

    Sale prices for three-family homes in Middletown, RI average $1,850,000 — 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 7
    Short term rental properties 3
    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 $1.5M

    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)

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    Most Searched ZIP Codes in Middletown, RI

    • 02842

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