About This Home

This 2-bedroom, 2-bathroom residential multi family at 249 W Main Road in Middletown, RI is listed for $499,000 ($471 per sqft). Built in 1949, the home offers 1,060 sqft of living space on a 0.13 acres lot.

Key Features

  • Built in 1949
  • 0.13 acre lot
  • 4 parking spaces

Property Details

1 story
2 full
4 spaces
1949
Listing Description

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 decor 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.

Monthly Cost Estimate

$2,669/mo

20% down · 6.5% · 30 years

Principal$361
Interest$2,162
Insurance$146

Estimates only. Actual payments may vary.

Location

249 W Main Road

Middletown, RI 02842

Two Mile Corner

Features & Amenities

Interior Features

Wall (Dry Wall)Plumbing (Mixed)Insulation (Ceiling)Insulation (Walls)

Property Details

Flooring

CarpetVinyl

Construction

Dry Wall Masonry Wood

Parking

None

Heating

Oil

Appliances

Electric Water HeaterOven/RangeRefrigerator

Questions & Answers

This 2-bedroom, 2-bathroom residential multi family at 249 W Main Road is listed at $499,000 ($471/sqft). The estimated monthly payment is $2,669 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1949, 0.13 acre lot, 4 parking spaces. Interior Features: Wall (Dry Wall), Plumbing (Mixed), Insulation (Ceiling).

This property is listed by Jeanne Allen and can be reached at 4018642752.

JA

Jeanne Allen

Agent at William Raveis Inspire

(401) 864-2752

Listed by William Raveis Inspire · View on Broker Site

MLS# 1418769· Source: listhub· 2 days on market

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

249 W Main Road, Middletown, RI 02842

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