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17 - 21 Warren Avenue Middletown

$2,100,000
8 6 3,700 sq ft

The Property

Prime Investment Opportunity – Three Single-Family Homes on One Lot in Middletown, RI!

Nestled just minutes from Newport and the beautiful beaches, this unique property offers three single-family homes on one lot, providing endless possibilities and grand fathered short term rental permits! Currently utilized as summer Airbnb rentals and winter leases with strong income on the back two houses, this versatile setup is ideal for a variety of uses—whether you’re looking for an income-producing property, a family compound, or an owner-occupied residence with additional rental income. Each home boasts its own charm, offering comfortable living spaces, amenities, and plenty of privacy. The front house was built in 2020 with upscale finishes (which has not been rented).

Great opportunity in a vibrant neighborhood.

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Listing Details

MLS Number

1374680

Lot Size:

0.22 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished
  • Golf
  • Hospital
  • Marina
  • Private School
  • Public School
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Tennis
  • Patio
  • Porch
  • Heating: Electric, Natural Gas, Forced Water, Heat Pump
  • Heating Fuel: Electric, Natural Gas, Forced Water, Heat Pump
  • Garage: 1
  • Laundry
  • Year Built: 1970
  • Water Amenities: Walk to Salt Water

See more features

Market Trends for Multi Family
in Middletown

  • Overview
    Homes for Sale Today3-66.7% decrease in inventory
    New on Market *1100% increase in new listings
    Avg. Asking Price/Sq.Ft. *$567.57$221 increase in List Price/Sq.Ft.
    Avg. Sale Price *$1,345,000$222,500 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *92.76%3.6% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$509.47$218 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *14671 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Hogan Associates Christie's

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