This two family home would make a great investment opportunity, or first home for a buyer wanted to collect income from a second unit. One unit has two beds and one bath, the other has three beds and one bath. Off-street parking, good sized fenced-in yard, gas heating systems, laundry in units, and low maintenance vinyl siding on the exterior. Centrally located in the heart of Middletown, with easy access to the Base, and downtown Newport. Don't miss out on this great opportunity to buy a multi-family on Aquidneck Island!
Multi-familyProperty Type
1954Year Built
7,405 sq ftLot Size
$268Price/Sq.Ft.
4 spacesParking
Listed by Fitzpatrick Team• RE/MAX Profnl. Newport, Inc.
Bought with Harbor to Hill Real Estate Team• Warner Realty Group
Upgraded multifamily in Middletown, spacious two and three bedrooms units; move in condition, new roof, fenced yard, washer and dryer rooms, great for investors or owner occupied. 100 % financing for qualified buyers, call for details!!!
Year
Property tax
Land + Additions
Assessment*
2025
$4,314 (+4.7%)
$150,800 + $215,100
$365,900
2024
$4,120 (+53.6%)
$150,800 + $215,100
$365,900
2023
$2,682 (+4.8%)
$97,300 + $115,700
$213,000
2022
$2,560
$97,300 + $115,700
$213,000
2021
$2,560 (−2.3%)
$97,300 + $115,700
$213,000
2020
$2,619
$84,600 + $105,700
$190,300
2018
$2,617 (−4.6%)
$84,600 + $105,700
$190,300
2016
$2,742 (+2.5%)
$72,500 + $105,300
$177,800
2015
$2,674 (−3.8%)
$72,500 + $105,300
$177,800
2014
$2,780 (+2.3%)
$79,000 + $94,000
$173,000
2013
$2,718 (+2.0%)
$79,000 + $94,000
$173,000
2012
$2,664
$79,000 + $94,000
$173,000
Tax history for 18 Woolsey Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,314 (+4.7%)
$150,800 + $215,100
$365,900
2024
$4,120 (+53.6%)
$150,800 + $215,100
$365,900
2023
$2,682 (+4.8%)
$97,300 + $115,700
$213,000
2022
$2,560
$97,300 + $115,700
$213,000
2021
$2,560 (−2.3%)
$97,300 + $115,700
$213,000
2020
$2,619
$84,600 + $105,700
$190,300
2018
$2,617 (−4.6%)
$84,600 + $105,700
$190,300
2016
$2,742 (+2.5%)
$72,500 + $105,300
$177,800
2015
$2,674 (−3.8%)
$72,500 + $105,300
$177,800
2014
$2,780 (+2.3%)
$79,000 + $94,000
$173,000
2013
$2,718 (+2.0%)
$79,000 + $94,000
$173,000
2012
$2,664
$79,000 + $94,000
$173,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
5
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
7,405 Sq. Ft.
Year renovated
—
Sq. Ft.
1,587
Year built
1954
Style
Multi-Family (2-4 Unit)
County
Newport County
APN
92501
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): 4
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 2
Room Information
# of Rooms (Total): 9
Laundry Information
Features: In Unit
Equipment
Satellite Dish
Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
Interior Features
Flooring: Vinyl
Other Features: Bathtub
Multi Unit Information
# Of Units Total: 2
# Of Buildings: 1
Exterior
Building Information
Stories (Total): 1
Construction Details: Drywall, Vinyl Siding
Lot Information
Lot Size Area: 7,405
Lot Size Acres: 0.17
Property Information
Above Grade Finished Area: 1,587
Financial
Assessments and Fees
Assessed Value: $213,000
Tax Information
Annual Tax Amount: $2,560
Tax Year: 2021
Rental Information
Tenant Pays: Hot Water
Utilities
Utility Information
Utilities: Sewer Connected
Sewer: Connected, Public Sewer
Water Source: Connected, Public
Heating & Cooling
Has Heating
Heating: Forced Air, Gas
Location
Community Information
Community Features: Near Schools, Public Transportation
Public facts
Beds: 5
Baths: 2.0
Sq. Ft.: 1,587
Stories: 1.0
Lot Size: 7,405 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1954
Year Renovated: —
County: Newport County
APN: 92501
Home facts updated by county records on Jun 22, 2026
Around this home
Schools
Forest Avenue School
Public K-3 • Assigned • 0.4mi
8/10
Joseph H. Gaudet School
Public 6-8 • Assigned • 0.8mi
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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