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$499,000 Just Listed
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Property Description
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. Also being sold as a package with 247 West Main Road MLS #1418856.
Full Property Details
Full Property Details for 249 W Main Rd
General
- Price: $499,000
- Taxes: $4,400 (2025)
- Status: Active
- Type: Office
- Source: STWMLS
- MLS ID: 1418880
- Updated: 7/26/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Barber/Beauty, Professional/Office, Professional Ser
Interior
- Furnishings: Unfurnished
Additional Information
- Tennis: Yes
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)
Parking
- Total Spaces: 4
Location
- County: Newport
- Subdivision: Two Mile Corner
- Near Highway: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
Utilities
- Sewer: Connected
- Water: Connected, Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Natural Gas Not Available, Municipal Utilities, Water Connected, Sewer Available, Sewer Connected, Water Available
Structural Information
- # Buildings: 1
- Architectural Style: Side By Side
- Structure Type: Apartment
- Detached/Attached: Attached
- Construction: Masonry
- Basement Desc.: Crawlspace
- Stories/Levels: 1
- Year Built: 1949
Lot Features
- Lot Size (Sq. Ft.): 5,663
- Lot Size: 5663
- Sidewalks: Yes
- Potential Use: Mixed Use, Office, Other, Residential
Financial Considerations
- Tax Amount: $4,400
- Tax Year: 2025
Disclosures and Reports
- Property ID: 249251WESTMAINRDMDLT
- Block: NW
- Lot Number: 283
Listed by William Raveis Inspire
Get Pre-Approved Today
Schools
Schools serving 249 W Main Rd
School District:Middletown School District
| Name | Grades | Distance |
|---|---|---|
Joseph Gaudet Academy 1113 Aquidneck Avenue, Middletown, RI 02842 | 4- | 1.2 mi |
Aquidneck School 70 Reservoir Road, Middletown, RI 02842 | PK-3 | 1.5 mi |
Joseph H. Gaudet School 1113 Aquidneck Avenue, Middletown, RI 02842 | 5-8 | 1.2 mi |
Middletown High School 130 Valley Road, Middletown, RI 02842 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 249 W Main Rd
Date
Details
Price
Change
Source
7/25/2026
Listed
$499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 249 W Main Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,400
5%
$373,200
—
2024
$4,202
48%
$373,200
66%
2023
$2,838
5%
$225,400
—
2022
$2,709
—
$225,400
—
2021
$2,709
-2%
$225,400
12%
2020
$2,758
—
$200,400
—
2018
$2,756
4%
$200,400
17%
2016
$2,638
3%
$171,100
—
2015
$2,573
7%
$171,100
14%
2014
$2,407
2%
$149,800
—
2013
$2,353
—
$149,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 249 W Main Rd
249 West Main Road, Middletown, RI 02842 (MLS# 1418880) is a Office property. 249 West Main Road is currently listed for $499,000 and was received on July 25, 2026. Want to learn more about 249 West Main Road? Do you have questions about finding other Office real estate for sale in Middletown? You can browse all Middletown real estate or contact a Coldwell Banker agent to request more information.

