132 Maple Avenue, Middletown, RI 02842 - Photo 1

1/1

$855,000

Sold
Closed
Multi-Family
2 Units
6 Total Beds
0.38 Acres

1/1

Property Description

Unlock a steady stream of income or live in first level and build equity with this turnkey two-family home located at 132 Maple Avenue in the desirable community of Middletown, Rhode Island. This fully rented property presents an exceptional opportunity for investors seeking a strong return on investment in a thriving rental market. Both units feature updated kitchens and stainless steel appliances, updated bathrooms with beautifully tiled showers, and in-unit laundry facilities for tenant convenience. Each unit enjoys its own private driveway, and tenants have access to the oversized yard, offering valuable outdoor living space. The upper unit also benefits from a back deck. Ideal location just minutes from beautiful beaches, schools, shopping, downtown Newport, and the Naval Station, making it highly attractive to a wide range of renters, including military personnel and academics.

Full Property Details

Full Property Details for 132 Maple Ave

General

Sold For: $855,000
Taxes: $8,520 (2024)
Status: Closed
Type: Multi-Family
Source: STWMLS
MLS ID: 1389582
Added to Site: 235 day(s) ago

Interior

Number of Rooms: 10
Interior Features: Attic, Stall Shower, Tub Shower, Cable TV
Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
Flooring: Ceramic Tile, Laminate

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 6

Other Rooms

Laundry: In Unit

Additional Information

Tennis: Yes

Exterior

Exterior Features: Deck
Porch/Patio/Deck: Deck

Parking

Total Spaces: 4
Parking Features: No Garage

Location

County: Newport
Subdivision: Two Mile Corner/US Naval Base
Near Highway: Yes

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Ductless, Heat Pump, Central Air Conditioning
Heating Type: Forced Air, Gas

Utilities

Sewer: Connected, Public Sewer
Water: Connected, Public
Utility Description: Sewer Connected

Structural Information

# Buildings: 1
Detached/Attached: Detached
Construction: Drywall, Plaster, Vinyl Siding
Basement Desc.: None, Unfinished
Windows: Storm Window(s)
Stories/Levels: 2
Building Size: 2848
Finished Total: 2,848 Sq. Ft.
Finished Above Grnd: 2,848 Sq. Ft.
Year Built: 1980

Lot Features

Lot Size (Acres): 0.38
Lot Size (Sq. Ft.): 16,553
Lot Size: 16553

Financial Considerations

Tax Amount: $8,520
Tax Year: 2024

Disclosures and Reports

Property ID: 132MAPLEAVMDLT
Lot Number: 25A

Listed by William Raveis Inspire
Sold by Slocum

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— 132 Maple Ave —

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Schools

Schools serving 132 Maple Ave

School District:Middletown School District

Name	Grades	Distance
Joseph Gaudet Academy 1113 Aquidneck Avenue, Middletown, RI 02842	4-	1.4 mi
Aquidneck School 70 Reservoir Road, Middletown, RI 02842	PK-3	1.9 mi
Joseph H. Gaudet School 1113 Aquidneck Avenue, Middletown, RI 02842	5-8	1.4 mi
Middletown High School 130 Valley Road, Middletown, RI 02842	9-12	1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 132 Maple Ave

Date

Details

Price

Change

Source

9/23/2025

Sold

$855,000

-4.47%

MLS

7/28/2025

Price Reduced

$894,999

-0.56%

MLS

7/10/2025

Listed

$899,999

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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132 Maple Avenue, Middletown, RI 02842 (MLS# 1389582) is a Multi-Family property that was sold at $855,000 on September 23, 2025. Want to learn more about 132 Maple Avenue? Do you have questions about finding other Multi-Family real estate for sale in Middletown? You can browse all Middletown real estate or contact a Coldwell Banker agent to request more information.

132 Maple Ave Middletown, RI 02842