Rare opportunity to own a versatile 3-bedroom, 1.5-bath Cape-style home in one of Middletown's most desirable locations! This unique property has been successfully operated as a thriving dental practice for many years while maintaining the charm and character of a traditional single-family residence. With Limited Business zoning, the possibilities are endless for homeowners, investors, entrepreneurs, and professionals seeking a flexible live-work opportunity. The home's adaptable floor plan offers the perfect setup for a home office, professional practice, or business operation while still providing comfortable residential living. The second level can serve as private living quarters, guest space, or potential rental income opportunity. Whether you're looking for a primary residence with workspace, an investment property, or a location for your business, this property provides exceptional flexibility.
Downtown Middletown, located between Newport’s Broadway corridor and the Sakonnet River shoreline, is a commercial and residential Newport East neighborhood with a strip-mall spine and pockets of older village fabric. The neighborhood’s character concentrates around West Main Road (RI-114) near Coddington Highway, where plazas, diners, and everyday storefronts line the traffic hum. Local pillars include Sweet Berry Farm, Newport Vineyards, and the Norman Bird Sanctuary, each shaping the area’s weekend rhythm. Architecture shifts from mid-century ranches and capes to newer townhome clusters set back from the road. Side streets feel quieter, with small parks and school grounds breaking up the blocks. Coastal geography stays close, with marsh edges and bikeable lanes leading toward beaches and trails.
Provided by Walk Score and Local Logic
Offer insights
74 Valley · $675,000
$686K and above
75% chance or better to win
Why $686K+ is a strong offer
DAYS ON MARKET
51 days
The average home goes pending in 37 days.
SALE-TO-LIST
99.4%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Living
Interior features
Insulated windows
Security system
6 total rooms
Bedrooms
Master bedroom on the second floor with hardwood flooring
Second bedroom on the second floor with hardwood flooring
Bathrooms
One full bathroom on the second floor
One half bathroom on the first floor
Kitchen
Range
Refrigerator
Water heater
Laundry & utility
Washer and dryer included
Washer and dryer hookups in basement
Laundry located in basement
Flooring
Hardwood
Wood
Carpet
Heating & cooling
Oil baseboard heating
Central air conditioning
Has heating and cooling
Exterior features
Balcony
Rain gutters
Storage
Ocean frontage within 1–2 miles to public beach
Paved roads
Home design
Single family residence
Attached property
Parking
Paved driveway with assigned open parking
12 open parking spaces (total 12 spaces)
Security
Security system
Construction
Frame construction
Concrete perimeter foundation
Asphalt/composition shingle roof
Built (year per public records)
Utilities
Public water
Public sewer
Electric: 110 volts
Gas available for oven
HOA & community
Community amenities include public transportation, shopping, pool, tennis courts, park, walk/jog trails, golf, medical facility, laundromat, bike path, conservation area, highway access, house of worship, marina, private and public schools, T-Station, and university
Electricity and solar
View estimated energy costs and solar savings for this home
Rare opportunity to own a versatile 3-bedroom, 1.5-bath Cape-style home in one of Middletown's most desirable locations! This unique property has been successfully operated as a thriving dental practice for many years while maintaining the charm and character of a traditional single-family residence. With Limited Business zoning, the possibilities are endless for homeowners, investors, entrepreneurs, and professionals seeking a flexible live-work opportunity. The home's adaptable floor plan offers the perfect setup for a home office, professional practice, or business operation while still providing comfortable residential living. The second level can serve as private living quarters, guest space, or potential rental income opportunity. Whether you're looking for a primary residence with workspace, an investment property, or a location for your business, this property provides exceptional flexibility. Outside, you'll find ample off-street parking, including a parking lot accommodating approximately 12 vehicles, along with a manageable yard for easy maintenance. Ideally located just minutes from Middletown's beautiful beaches, Downtown Newport, the Newport Bridge, local restaurants, shopping, marinas, and all the amenities Aquidneck Island has to offer, this property combines convenience, visibility, and coastal living. Don't miss this unique offering schedule your private showing today!
RIS #1399379
Jun 4, 2026
Listing Removed
—
May 1, 2026
Price Changed
$675,000
$388/sq ft
Apr 4, 2026
Price Changed
$695,000
$400/sq ft
Nov 4, 2025
Listed
$725,000
$417/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Single Family Residential
County
Newport County
APN
74VALLEYRDMDLT
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Nov 4, 2025.
Climate risks
Flood Factor
We're working on getting current and accurate flood risk information for this home.
Fire Factor
We're working on getting current and accurate fire risk information for this home.
6/10 Heat Factor
7 hot days expected this year, 17 days in 30 years
Wind Factor
We're working on getting current and accurate wind risk information for this home.
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
90/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 74 Valley
$662,271
$13K under list price of $675K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $585K to $750K.