About this home

Cash-flowing side-by-side duplex on a private 0.62-acre lot in Middletown with engineered 3-car garage plans already complete. Two fully separate 2-bedroom/1-bath units (approx. 840 sq ft each) currently generate $4,500/month in gross rent ($2,400 + $2,100). Live in one side and let the other cover a meaningful portion of your mortgage, or hold both as an income property. Hardwood floors, a partial unfinished basement with laundry, paved driveway, and off-street parking for four cars are already in place. What sets this listing apart is the work already done on the next improvement. A licensed engineer and architect have completed the survey, engineered site plan, and architectural drawings for a 3-car garage. Review the package immediately instead of spending months and thousands of dollars discovering whether a garage will fit. Renderings available upon request. Set back on a quiet residential lot yet minutes from Newport's beaches, restaurants, and marinas, local schools, and everyday shopping. A practical Aquidneck Island property with income in place and a defined value-add already designed.

Facts and features

Schools

• Middletown High School

  high · 9-12 · 0.8 mi

  6

• Valley Community School Middletown

  elementary · 0.6 mi

• Joseph Gaudet Academy

  elementary · 4-5 · 0.7 mi

  8

• Joseph H. Gaudet School

  middle · 6-8 · 0.7 mi

  7

• James L Maher School

  elementary · 4-12 · 0.6 mi

• Aquidneck School

  elementary · K-3 · 0.9 mi

  10

Price history

• Oct 23, 2026 · Price Changed$875,000
• Oct 14, 2026 · Price Changed$880,000
• Oct 8, 2026 · Price Changed$888,888
• Sep 24, 2026 · Listed$980,000
• Jul 6, 2012 · Listing Removed$299,900
• Jun 21, 2012 · Sold$270,000
• Apr 19, 2012 · Price Changed$299,900
• Aug 18, 2011 · Price Changed$329,999

Tax history

• 2025$8,261 tax · $700,700 assessed
• 2023$5,197 tax · $412,800 assessed
• 2022$4,962 tax · $412,800 assessed
• 2021$4,962 tax · $412,800 assessed
• 2020$4,634 tax · $336,800 assessed
• 2018$4,631 tax · $336,800 assessed
• 2016$4,038 tax · $261,900 assessed
• 2015$3,939 tax · $261,900 assessed

Home value

$961,700

• Cotality$961,700
• Quantarium$860,587
• Collateral Analytics$970,000

Where it is