Calling all investors! Lots of potential in this 2-unit property. Excellent investment opportunity in the heart of Middletown! This side-by-side duplex features two one-bedroom, one-bath units, making it an ideal property for investors or owner-occupants seeking rental income. Each unit offers a functional layout with private entrances and comfortable living spaces. Perfectly situated on the Newport line, this property offers exceptional convenience to everyday amenities, including grocery stores, department stores, home décor retailers, and a wide variety of popular restaurants. Just minutes from Newport's vibrant waterfront, historic attractions, and renowned beaches, residents can enjoy the best of Aquidneck Island living. Whether heading to Second Beach, Easton's Beach, downtown Newport, or nearby parks and recreation, everything is within easy reach. With its prime location, strong rental appeal, and proximity to shopping, dining, beaches, and all that Newport has to offer, this duplex presents an outstanding opportunity for both investment and owner. Property is also being sold as a package with 247 West Main, MLS # 1418571.
Under contract
$499,000
249-251 W Main Rd, Middletown, RI 02842
2beds
1,060sqft
Multi Family
Built in 1949
-- sqft lot
$-- Zestimate®
$471/sqft
$-- HOA
What's special
Side-by-side duplexTwo one-bedroom one-bath unitsComfortable living spacesPrivate entrances
- 48 days
- 180
- 9
Zillow last checked:
Listing updated:
Listed by:
Jeanne Allen 401-864-2752,
William Raveis Inspire,
Arthur Chapman 401-640-0807,
William Raveis Inspire
Source: StateWide MLS RI,MLS#: 1418769
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Features: Bath w Shower Stall
Heating
- Oil, Forced Water
Cooling
- None
Appliances
- Included: Electric Water Heater, Oven/Range, Refrigerator
- Laundry: Off Site
Features
- Wall (Dry Wall), Plumbing (Mixed), Insulation (Ceiling), Insulation (Walls)
- Flooring: Vinyl, Carpet
- Doors: Storm Door(s)
- Windows: Storm Window(s)
- Basement: Crawl Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,060
- Total interior livable area: 1,060 sqft
Property
Parking
- Total spaces: 4
- Parking features: No Garage, Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: One Level
Features
- Stories: 1
Lot
- Size: 5,662 Square Feet
- Features: Sidewalks
Details
- Zoning: OBA
- Other equipment: Cable TV
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Masonry, Wood
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Electric: 100 Amp Service, Individual Meter
- Sewer: Public Sewer
- Water: Municipal
- Utilities for property: Sewer Connected, Water Available, Water Connected, Sewer Available
Community & HOA
Community
- Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
- Subdivision: Two Mile Corner
HOA
- Has HOA: No
Location
- Region: Middletown
Financial & listing details
- Price per square foot: $471/sqft
- Annual tax amount: $4,400
- Date on market: 7/26/2026
- Inclusions: Sellers' Lead Disclcosure
- Total actual rent: 0
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Contingent | $499,000$471/sqft |
Source:  StateWide MLS RI #1418769 Report a problem | ||
| 7/26/2026 | Listed for sale | $499,000$471/sqft |
Source: StateWide MLS RI #1418769 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 02842
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