Tenant in place through Dec. 2014. Pays total of $1500 for both units plus utilities. Steady income producer w/ low maintenance vinyl siding. Roof replaced in 2006. Off street parking. Each unit has laundry hookups. Convenient location.
Multi-familyProperty Type
1954Year Built
7,405 sq ftLot Size
$126Price/Sq.Ft.
2 spacesParking
Listed by Bill Sizeland• RE/MAX Profnl. Newport, Inc.
NEW VINYL SIDING AND WINDOWS IN 2005. NEW PAINT AND CARPETS IN SIDE A. GREAT INVESTMENT PROPERTY. CENTRAL LOCATION. UNITS RENTED FOR $1950 MONTHLY INCOME. TAXES ARE ESTIMATED.
Year
Property tax
Land + Additions
Assessment*
2025
$3,811 (+4.7%)
$150,800 + $172,400
$323,200
2024
$3,639 (+38.4%)
$150,800 + $172,400
$323,200
2023
$2,630 (+4.7%)
$97,300 + $111,600
$208,900
2022
$2,511
$97,300 + $111,600
$208,900
2021
$2,511 (−2.1%)
$97,300 + $111,600
$208,900
2020
$2,566
$84,600 + $101,900
$186,500
2018
$2,564 (−2.8%)
$84,600 + $101,900
$186,500
2016
$2,637 (+2.5%)
$72,500 + $98,500
$171,000
2015
$2,572 (−4.4%)
$72,500 + $98,500
$171,000
2014
$2,690 (+2.3%)
$79,000 + $88,400
$167,400
2013
$2,630 (+2.0%)
$79,000 + $88,400
$167,400
2012
$2,578
$79,000 + $88,400
$167,400
Tax history for 11 Ludlow Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,811 (+4.7%)
$150,800 + $172,400
$323,200
2024
$3,639 (+38.4%)
$150,800 + $172,400
$323,200
2023
$2,630 (+4.7%)
$97,300 + $111,600
$208,900
2022
$2,511
$97,300 + $111,600
$208,900
2021
$2,511 (−2.1%)
$97,300 + $111,600
$208,900
2020
$2,566
$84,600 + $101,900
$186,500
2018
$2,564 (−2.8%)
$84,600 + $101,900
$186,500
2016
$2,637 (+2.5%)
$72,500 + $98,500
$171,000
2015
$2,572 (−4.4%)
$72,500 + $98,500
$171,000
2014
$2,690 (+2.3%)
$79,000 + $88,400
$167,400
2013
$2,630 (+2.0%)
$79,000 + $88,400
$167,400
2012
$2,578
$79,000 + $88,400
$167,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
7,405 Sq. Ft.
Year renovated
—
Sq. Ft.
1,426
Year built
1954
Style
Multi-Family (2-4 Unit)
County
Newport County
APN
89197
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 2026.
Property details
Parking
Parking
Features: No Garage
# of Parking (Total): 2
Interior
Bathroom Information
# of Full Bathrooms: 2
Room Information
# of Rooms (Total): 8
Laundry Information
Features: In Unit
Equipment
Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
Interior Features
Window Features: Thermal Windows
Door Features: Storm Door(s)
Flooring: Carpet, Vinyl
Multi Unit Information
# Of Units Total: 2
# Of Buildings: 1
Exterior
Building Information
Stories (Total): 1
Construction Details: Drywall, Vinyl Siding
Exterior Features
Exterior Features: Paved Driveway
Other Structures: Outbuilding
Lot Information
Lot Size Area: 7,405
Lot Size Acres: 0.17
Zoning: R20
Property Information
Above Grade Finished Area: 1,426
Foundation Details: Slab
Financial
Assessments and Fees
Assessed Value: $167,400
Tax Information
Annual Tax Amount: $2,630
Tax Year: 2013
Utilities
Utility Information
Utilities: Sewer Connected
Sewer: Connected
Water Source: Connected
Heating & Cooling
Has Heating
Heating: Forced Air, Gas
Location
Community Information
Community Features: Highway Access, Near Schools, Public Transportation, Shopping
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,426
Stories: 1.0
Lot Size: 7,405 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1954
Year Renovated: —
County: Newport County
APN: 89197
Home facts updated by county records on Jun 22, 2026
Around this home
Schools
Forest Avenue School
Public K-3 • Assigned • 0.3mi
8/10
Joseph H. Gaudet School
Public 6-8 • Assigned • 0.7mi
7/10
Middletown High School
Public 9-12 • Assigned • 0.5mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 90° expected this year, 17 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Middletown, RI • 02842
Average low and high temperatures (°F)
36
24
37
25
48
34
56
42
64
52
76
61
79
67
77
63
72
59
64
51
54
41
41
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 4.6 hours in December, which is comparable to the
U.S. average for solar exposure.
9 hrs
4.6 hrs
JuneDecember
Provided by Shadowmap
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