Single Family Residence at 4 James Street, Middletown
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$1,800,000

4 James Street
Middletown, RI 02842
Listed by Teri Degnan
Bedrooms
7
Bathrooms
6
Living area
5,144 sqft
Year built
1956

About this home

ATTENTION BUYERS - GREAT OPPORTUNITY TO PURCHASE A PROPERTY AS A FAMILY COMPOUND OR OWNER OCCUPIED WITH A SEPEARATE RENTAL UNIT OR INLAW APARTMENT – This property is currently a two-family but can maybe converted back to a single family. Turnkey two-family home has been completely upgraded and sits on Easton's Point within walking distance to the beach! You'll find 8 bedrooms (2 are ensuite) and 6 bathrooms with everything updated - bathrooms, central A/C, two kitchens, floors, two laundry washers/dryers, with all furniture included in the sale. Other highlights include an attached garage, deck, private and flat backyard, and parking for at least 8 cars. Floorplans allow for flexibility of customizing the size of each rental unit or splitting the space to your configuration preference for personal use and a rental unit. A large unfinished basement provides tons of storage space which may allow the adding of a finished living space/rec room. The property is currently seasonally rented until May 2026 and no bookings exist beyond May 2026. There is a current short term rental(SRT) registration and Airbnb summer rentals have been highly successful. Note: this listing is also shown as a multifamily listing under MLS listing #1394661.

Highlights

Fireplace

Property details

MLS #
1395808
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
268
On market date
September 23, 2025
Stories
N/A
Total bathrooms
6
Garage spaces
1
Parking spaces
9
Lot size
0.25 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Aquidneck School
0.77 mi away · Grades -1-3
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
308
Student:teacher ratio
12.8:1
District
Middletown
Middle
Frank E. Thompson Middle
1.9 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
565
Student:teacher ratio
9.7:1
District
Newport
High
Middletown High School
2.26 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
620
Student:teacher ratio
11.9:1
District
Middletown

Walkability

Blended score for Middletown's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

56
Somewhat walkable
out of 100
EPA National Walkability Index
8.8 / 20 -- Below average walkable
Google Places amenity density
73 / 100
Restaurants & cafes11
Grocery stores1
Parks12
Schools4
Transit stops9
Pharmacies0

Market position

How this listing compares to current activity in Middletown, from live MLS data.

On the market 268 days -- 184 more days than Middletown's current average of 84 days.
For reference, the median list price across 203 active listings in Middletown right now is $22,500.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$10,990/mo
$360,000 down
$1,440,000 loan
Principal & interest$9,340
Property tax (est.)$1,500
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated June 18, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.