Nestled in one of Middletown’s most picturesque areas, this single-story bungalow offers a rare combination of privacy and location. Set on a secluded lot surrounded by mature trees, the home provides a serene retreat while still being just a short walk to Pebble Beach on Indian Avenue. A legal 2 family, this property has endless potential as a year-round residence, vacation home, or investment opportunity. Its peaceful setting and proximity to the coastline make it a unique chance to create your dream home in one of Aquidneck Island’s most desirable neighborhoods.
Sold for $867,500 on 11/07/25
Zestimate®
$867,500
40 Indian Ter, Middletown, RI 02842
4beds
2,032sqft
Multi Family
Built in 1957
-- sqft lot
$867,500 Zestimate®
$427/sqft
$4,112 Estimated rent
Home value
$867,500
$789,000 - $954,000
$4,112/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 07, 2025 at 02:31pm
Listed by:
Jennifer Pierik 401-743-3682,
Jamestown Real Estate LLC
Bought with:
Jennifer Pierik, REB.0016763
Jamestown Real Estate LLC
Source: StateWide MLS RI,MLS#: 1396167
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Shower Stall, Bath w Tub & Shower
Heating
- Oil, Forced Water
Cooling
- None
Appliances
- Included: Electric Water Heater, Dishwasher, Dryer, Exhaust Fan, Range Hood, Microwave, Oven/Range, Refrigerator, Washer
- Laundry: In Unit
Features
- Wall (Cermaic), Wall (Dry Wall), Skylight, Plumbing (Other), Insulation (Walls)
- Flooring: Ceramic Tile, Hardwood
- Windows: Skylight(s)
- Basement: Crawl Space,Bulkhead
- Attic: Attic Storage
- Number of fireplaces: 3
- Fireplace features: Brick, Wood Insert
Interior area
- Total structure area: 2,032
- Total interior livable area: 2,032 sqft
Property
Parking
- Total spaces: 6
- Parking features: No Garage
Features
- Stories: 1
- Patio & porch: Patio
- Fencing: Fenced
- Waterfront features: Walk to Salt Water
Lot
- Size: 0.51 Acres
Details
- Parcel number: MIDDM0129B00L40
- Zoning: R40
- Special conditions: Conventional/Market Value
- Other equipment: Wood Stove
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Ceramic, Dry Wall, Shingles
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1957
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Community
- Community features: Golf, Public School, Near Swimming
Location
- Region: Middletown
- Subdivision: Pebble Beach
HOA & financial
Other financial information
- Total actual rent: 1300
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Sold | $867,500-1.1%$427/sqft |
Source:  StateWide MLS RI #1396167 | ||
| 10/21/2025 | Pending sale | $877,500$432/sqft |
Source: StateWide MLS RI #1393497 | ||
| 9/30/2025 | Contingent | $877,500$432/sqft |
Source: StateWide MLS RI #1393497 | ||
| 9/15/2025 | Listed for sale | $877,500+550%$432/sqft |
Source: StateWide MLS RI #1393497 | ||
| 2/26/2021 | Listing removed | -- |
Source: Owner | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,687 | $771,500 |
| 2024 | $8,687 +45.5% | $771,500 +55.3% |
| 2023 | $5,972 | $496,800 |
Find assessor info on the county website
Neighborhood: 02842
Nearby schools
GreatSchools rating
- 5/10Joseph Gaudet AcademyGrades: 4-5Distance: 2.2 mi
- 8/10Joseph H. Gaudet SchoolGrades: 6-8Distance: 2.2 mi
- 5/10Middletown High SchoolGrades: 9-12Distance: 2.5 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$867,500
2% more+ $17,350
With Zillow Showcase(estimated)
$884,850