247 W Main Road, Middletown, RI 02842

bedrooms 5
bathrooms 4
|Other
AUD $1,792,315
USD $1,249,000
Published on: 27 Jul 2026
Last updated on: 27 Sep 2026
247 W Main Road, Middletown, RI 02842
247 W Main Road, Middletown, RI 02842
247 W Main Road, Middletown, RI 02842
+37
247 W Main Road, Middletown, RI 02842
  • 37
Property ID: 110109536875
Translate to English

Residential Income, Middletown, RI

247 W Main Road, Middletown, RI 02842
Rare Multi-Property Investment Opportunity! Exceptional offering of 247 and 249-251 West Main Road featuring two contiguous properties with outstanding income and investment potential in the heart of Middletown. Whether you're looking to expand your investment portfolio, generate rental income, or occupy one residence while leasing the others, this unique property offers exceptional flexibility. Ideal for year-round rentals, furnished seasonal rentals, or short-term vacation rentals where permitted by local regulations. The prime location, just minutes from Newport, area beaches, shopping, restaurants, marinas, and Naval Station Newport, provides strong rental demand throughout the year. The property also presents an excellent opportunity for a primary residence with supplemental income or future redevelopment potential, subject to municipal approvals. Rarely do three adjacent properties become available as a single offering, creating possibilities for investors, developers, and owner-occupants alike. A truly unique opportunity to own a versatile income-producing property on Aquidneck Island with exceptional long-term appreciation potential. This single-family property is set back from road with a delightful private yard and mature shrubbery. The spacious 2 car garage and plenty of parking add exceptional value. House and duplex are also being listed separately, please see MLS #s 1418769 and 1418643.

Property Details

Basic Info

Property Type
Other
Listing Status
Pending
Land Size
1,780.62 m2
Building Size
265.52 m2
Year Built
1945
Rooms
5 bedroom(s), 4 bathroom(s)
Num Floors
1
County
Newport
Provider
State Wide MLS of Rhode Island, Inc.
Subdivision
Two Mile Corner
Brokerage Office Name
William Raveis
Brokerage Office Phone
(401) 207-3329
Neighbourhoods
Two Mile Corner
Address
247 W Main Road, Middletown, RI 02842

Tax History

YearTax amount
2025USD $10178AUD $14,605*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.com.au nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.com.au recommends that you independently verify any information before relying on it.

Contact Agent
Jeanne Allen
William Raveis Inspire
268 Bellevue Ave , Newport, RI 02840
Get in touch
Report this page

Contact Agent

Contact Agent

Email enquiry to William Raveis Inspire

Jeanne Allen
268 Bellevue Ave , Newport, RI 02840
What's your enquiry about?
      By clicking "Submit", you accept our Privacy Policy and acknowledge that as the agent for this property is located overseas, your information may not be handled in accordance with the privacy laws applicable to this website.

      Property ID: 110109536875

      Original Property ID: 3yd-SWMLSRI-1418571
      Data provided by State Wide MLS of Rhode Island, Inc., MLS #: 1418571
      * THIS SERVICE MAY CONTAIN TRANSLATIONS POWERED BY GOOGLE. GOOGLE DISCLAIMS ALL WARRANTIES RELATED TO THE TRANSLATIONS, EXPRESS OR IMPLIED, INCLUDING ANY WARRANTIES OF ACCURACY, RELIABILITY, AND ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT.
      Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.