UNDER CONTRACT

Contingent

$499,000

Est. $3,379/mo —

•

1,060

sq ft

249 251 West Main Rd, Middletown, RI 02842

About this home

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 d cor 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.

Multi-familyProperty Type

1949Year Built

5,663 sq ftLot Size

$471Price/Sq.Ft.

4 spacesParking

Listed by Jeanne Allen • William Raveis Inspire

Listed by Arthur Chapman • William Raveis Inspire

Listing updated: Aug 18, 2026 at 10:18am

Redfin checked: a few seconds ago

•Source:RIS #1418769

Payment calculator

$3,379 per month

Principal and interest$2,826

Property taxes

$367

HOA dues

Home insurance

$187

Utilities

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Affordability tools

Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN SAT, 10AM TO 11:30AM
$399,000
4 beds1 bath1,472 sq ft
54 Homer St, Newport, RI 02840
OPEN SAT, 10AM TO 11:30AM
$910,000
2 beds2.5 baths2,156 sq ft
46 Travelers Ct #33, East Greenwich, RI 02818
OPEN SAT, 10AM TO 12PM
$1,705,000
4 beds2.5 baths2,509 sq ft
9 Jessica Ln, Narragansett, RI 02882
OPEN SAT, 10:30AM TO 12PM
$1,200,000
3 beds2.5 baths1,757 sq ft
23 Pell St, Newport, RI 02840
OPEN SAT, 11AM TO 1PM
$724,500
2 beds1 bath1,380 sq ft
975 Anthony Rd, Portsmouth, RI 02871
OPEN SAT, 11AM TO 1PM
$799,900
4 beds3 baths3,294 sq ft
8 Robin Dr, North Kingstown, RI 02852
OPEN SAT, 11AM TO 1PM
$589,900
2 beds1 bath1,418 sq ft
174 Ayrault Rd, East Greenwich, RI 02818
OPEN SAT, 11:30AM TO 1PM
$849,000
3 beds2.5 baths2,000 sq ft
30 Bunker Hill Xing, Portsmouth, RI 02871
OPEN SAT, 2:30PM TO 4PM
$399,900
2 beds1 bath672 sq ft
87 Potowomut Rd, East Greenwich, RI 02818
OPEN SUN, 11AM TO 1PM
$649,900
3 beds2.5 baths1,568 sq ft
34 Mount View Ave, North Kingstown, RI 02852

Around this home

Schools

K - 12
Preschool & daycare

Joseph Gaudet Academy

Public 4-5 • Assigned • 1.2mi

8/10

Joseph H. Gaudet School

Public 6-8 • Assigned • 1.2mi

7/10

Middletown High School

Public 9-12 • Assigned • 0.9mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Kitchen

Bedroom

Interior features
Storm windows
Storm door(s)
Stall shower
Cable TV

Bedrooms
Two one-bedroom units (duplex configuration)

Bathrooms
Two full bathrooms (one in each unit)

Kitchen
Oven
Range
Refrigerator

Laundry & utility
Electric water heater

Flooring
Carpet
Vinyl

Heating & cooling
Hot water heating
Oil heating

Sale and tax history for 249 251 West Main Rd

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$4,400 (+4.7%)

$216,500 + $156,700

$373,200

2024

$4,202 (+48.1%)

$216,500 + $156,700

$373,200

2023

$2,838 (+4.8%)

$123,200 + $102,200

$225,400

2022

$2,709

$123,200 + $102,200

$225,400

2021

$2,709 (−1.8%)

$123,200 + $102,200

$225,400

2020

$2,758

$107,200 + $93,200

$200,400

2018

$2,756 (+4.5%)

$107,200 + $93,200

$200,400

2016

$2,638 (+2.5%)

$80,300 + $90,800

$171,100

2015

$2,573 (+6.9%)

$80,300 + $90,800

$171,100

2014

$2,407 (+2.3%)

$72,900 + $76,900

$149,800

2013

$2,353 (+2.0%)

$72,900 + $76,900

$149,800

2012

$2,307

$72,900 + $76,900

$149,800

Public record

Public record
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

5,663 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

1,060

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,060

Year built

1949

Style

Multi-Family (2-4 Unit)

County

Newport County

APN

523472

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 22, 2026.

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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

84/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.2 hrs

5.4 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 249 251 West Main Rd

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $427,500 and $700,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $428K to $700K.

SOLD BY REDFIN AUG 13, 2026
$585,000 Last sold price
3 beds3 baths1,988 sq ft
94 Ridgewood Rd, Middletown, RI 02842
$177/sq ft
larger lot
39 years newer
SOLD JAN 9, 2026
$427,500 Last sold price
3 beds1 bath1,116 sq ft
16 King Rd, Middletown, RI 02842
$88/sq ft
9 years older
basement
SOLD SEP 16, 2026
$700,000 Last sold price
4 beds2 baths1,555 sq ft
19 Vincent St, Middletown, RI 02842
$21/sq ft
larger lot
5 years newer
SOLD DEC 12, 2025
$640,000 Last sold price
3 beds2 baths1,747 sq ft
67 Linden St, Middletown, RI 02842
$105/sq ft
larger lot
9 years newer
SOLD JUL 8, 2026
$646,000 Last sold price
3 beds2 baths1,363 sq ft
16 Cummings Rd, Newport, RI 02840
$3/sq ft
smaller lot
55 years newer
SOLD JUL 8, 2026
$700,000 Last sold price
3 beds2 baths1,364 sq ft
18 Cummings Rd, Newport, RI 02840
$42/sq ft
smaller lot
34 years older

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(401) 235-4342

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New listings for sale in 02842

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VIDEO TOUR

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$629,900

4 beds2 baths2,073 sq ft

278 Greenend Ave, Middletown, RI 02842

VIDEO TOUR

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

Open houses

Nearby open houses (10)

Around this home

Schools

Lifestyle

Property details

Sale and tax history for 249 251 West Main Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 249 251 West Main Rd

This home may not be allowing tours right now

Nearby similar homes

New listings for sale in 02842

More real estate resources