No photos available for this listing

$1,800,000

4 James Street
Middletown, RI 02842
Listed by Teri Degnan
Bedrooms
7
Bathrooms
6
Living area
N/A
Year built
1956

About this home

ATTENTION BUYERS - GREAT OPPORTUNITY TO PURCHASE A PROPERTY AS A FAMILY COMPOUND OR FOR AN INVESTMENT - 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. Floor plans 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 maybe converted back to single-family use and is currently rented seasonally until May 2026. 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 single-family listing under MLS listing #1395808.

Property details

MLS #
1394661
Property type
Multi Family
Subdivision
Easton's Point
Status
Active
Days on market
268
On market date
N/A
Stories
3
Garage spaces
1
Lot size
0.25 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

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

Mortgage calculator

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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.