For sale

$590,000

28 Ludlow Rd, Middletown, RI 02842

5beds

1,587sqft

$3,666/mo

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Multi Family

Built in 1954

-- sqft lot

$570,200 Zestimate^®

$372/sqft

$-- HOA

What's special

Laundry areaPrivate backyard areaStorage shedFresh paintPrivate spaces outsideOpen kitchenFront gated yards

Great opportunity for affordable property on Aquidneck Island. Side by Side 2 family. 3 bedroom in Unit B is just about move in ready. Fresh paint, wide pine floors, easy layout with open kitchen and laundry area. Private backyard area with storage shed and deck. Unit A is two bedroom and it is ready for your own ideas on the best way to show its potential. Endless possibilities to open it up to single family living, or live in one side and gain income from the other. Exterior is easy care vinyl siding and the roof is less than 10 years old. Both units have their own front gated yards and private spaces outside. Shared driveway for two cars total, or dedicate the parking to one of the units as street parking is easily accessible.

9 days

908

31

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Bathroom

Features: Bath w Tub & Shower

Heating

Natural Gas, Forced Air

Cooling

None

Appliances

Included: Gas Water Heater, Oven/Range, Refrigerator, Washer
Laundry: In Unit

Features

Wall (Dry Wall), Plumbing (Copper), Plumbing (Mixed), Plumbing (PEX), Plumbing (PVC), Insulation (Unknown)
Flooring: Other, Wood, Vinyl
Doors: Storm Door(s)
Basement: None
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 1,587
Total interior livable area: 1,587 sqft

Video & virtual tour

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Property

Parking

Total spaces: 2
Parking features: No Garage, Driveway
Has uncovered spaces: Yes

Accessibility

Accessibility features: One Level

Features

Stories: 1
Fencing: Fenced

Lot

Size: 7,405 Square Feet
Features: Sidewalks

Details

Parcel number: MIDDM0107BNEL61
Zoning: R20

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Dry Wall, Vinyl Siding
Foundation: Slab

Condition

New construction: No
Year built: 1954

Utilities & green energy

Electric: 100 Amp Service
Sewer: Public Sewer
Water: Municipal
Utilities for property: Sewer Connected, Water Connected

Community & HOA

Community

Features: Near Public Transport, Highway Access, Public School, Restaurants, Schools, Near Shopping
Subdivision: Buck Rd.

HOA

Has HOA: No

Location

Region: Middletown

Financial & listing details

Price per square foot: $372/sqft
Tax assessed value: $350,700
Annual tax amount: $4,133
Date on market: 8/5/2026
Total actual rent: 2400

Estimated market value

$570,200

$542,000 - $599,000

$2,899/mo

Price history

Date	Event	Price
8/5/2026	Listed for sale	$590,000+168.2%$372/sqft
Source: StateWide MLS RI #1419887 Report a problem
5/27/2016	Sold	$220,000-20%$139/sqft
Source: Public Record Report a problem
8/16/2007	Sold	$275,000+259.5%$173/sqft
Source: Public Record Report a problem
12/15/1997	Sold	$76,500$48/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,949	$350,700
2024	$3,949 +51.6%	$350,700 +61.8%
2023	$2,605	$216,700
2022	$2,605	$216,700
2021	$2,605 -2.2%	$216,700 +11.9%
2020	$2,664 +0.1%	$193,600
2018	$2,662 -3.7%	$193,600 +8%
2016	$2,765 +2.5%	$179,300
2015	$2,697 -3.9%	$179,300 +2.7%
2014	$2,806 +2.3%	$174,600
2013	$2,743 +2%	$174,600
2012	$2,689 +15.3%	$174,600
2011	$2,333 -19.4%	$174,600 -19.4%
2010	$2,895 +0.9%	$216,700
2009	$2,869 +8.2%	$216,700 -10%
2007	$2,652 +3.8%	$240,900
2006	$2,554 +10.8%	$240,900 +70.9%
2005	$2,305 +6.5%	$141,000
2004	$2,164	$141,000