For sale

Price cut: $10K (6/11)

$449,500

1609 W Main Rd, Middletown, RI 02842

2beds

919sqft

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Single Family Residence

Built in 1970

0.37 Acres Lot

$430,900 Zestimate^®

$489/sqft

$-- HOA

What's special

Charming two-bedroom cottage

A Great Opportunity for Homebuyers & Investors Alike! This charming two-bedroom cottage is situated on a 15,000+ sq.ft. lot in a R10 zone and offers additional development opportunities. With a special use variance, you can build an additional duplex on the lot creating a perfect investment! This property also presents an ideal opportunity for a condominium scenario, tapping into the growing housing demand. A survey has been completed and most of the engineering work is in place to facilitate a quicker approval process. The Seller is open to some owner financing or offering assistance with the buyer's closing costs. Don't miss out on this investment opportunity!!

32 days

1,762

59

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Bathroom

Features: Ceiling Height 7 to 9 ft
Level: First
Area: 35 Square Feet
Dimensions: 5

Other

Features: Ceiling Height 7 to 9 ft
Level: First
Area: 180 Square Feet
Dimensions: 12

Other

Features: Ceiling Height 7 to 9 ft
Level: First
Area: 88 Square Feet
Dimensions: 8

Kitchen

Features: Ceiling Height 7 to 9 ft
Level: First
Area: 156 Square Feet
Dimensions: 12

Living room

Features: Ceiling Height 7 to 9 ft
Level: First
Area: 187 Square Feet
Dimensions: 17

Heating

Oil, Forced Air

Cooling

None

Appliances

Included: Electric Water Heater, Oven/Range, Refrigerator

Features

Wall (Dry Wall), Plumbing (Copper), Plumbing (Mixed), Plumbing (PVC), Insulation (Ceiling), Insulation (Floors), Insulation (Walls)
Flooring: Hardwood, Laminate
Basement: Full,Bulkhead,Unfinished,Laundry,Utility
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 919
Total interior livable area: 919 sqft
Finished area above ground: 919
Finished area below ground: 0

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Property

Parking

Total spaces: 4
Parking features: No Garage

Lot

Size: 0.37 Acres

Details

Foundation area: 825
Parcel number: MIDDM0111B00L23
Zoning: R10

Construction

Type & style

Home type: SingleFamily
Architectural style: Cottage
Property subtype: Single Family Residence

Materials

Dry Wall, Vinyl Siding
Foundation: Concrete Perimeter

Condition

New construction: No
Year built: 1970

Utilities & green energy

Electric: 100 Amp Service, Circuit Breakers
Water: Well
Utilities for property: Sewer Connected

Community & HOA

Community

Features: Near Public Transport, Golf, Highway Access, Hospital, Marina, Private School, Public School, Near Shopping, Near Swimming, Tennis
Subdivision: Bailey Brook - Oliphant

HOA

Has HOA: No

Location

Region: Middletown

Financial & listing details

Price per square foot: $489/sqft
Tax assessed value: $408,300
Annual tax amount: $3,700
Date on market: 5/11/2026
Inclusions: Duplex Allowed By Special Variance - Listing Associate is a Licensed REALTOR®

Estimated market value

$430,900

$409,000 - $452,000

$3,014/mo

Price history

Date	Event	Price
6/11/2026	Price change	$449,500-2.2%$489/sqft
Source: StateWide MLS RI #1412277 Report a problem
5/11/2026	Listed for sale	$459,500-3.3%$500/sqft
Source: StateWide MLS RI #1412277 Report a problem
5/13/2025	Listing removed	$475,000$517/sqft
Source: StateWide MLS RI #1382111 Report a problem
4/16/2025	Price change	$475,000-13.6%$517/sqft
Source: StateWide MLS RI #1382111 Report a problem
4/9/2025	Listed for sale	$549,500+69.1%$598/sqft
Source: StateWide MLS RI #1382111 Report a problem
4/8/2014	Listing removed	$1,400$2/sqft
Source: William Raveis Report a problem
2/1/2014	Listed for rent	$1,400$2/sqft
Source: William Raveis Report a problem
10/1/2013	Listing removed	$325,000$354/sqft
Source: CENTURY 21 Access America - Newport, RI #1037734 Report a problem
4/10/2013	Listed for sale	$325,000+165.3%$354/sqft
Source: CENTURY 21 Access America - Newport, RI #1037734 Report a problem
2/3/1993	Sold	$122,500$133/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,597	$408,300
2024	$4,597 +49.4%	$408,300 +59.5%
2023	$3,077	$256,000
2022	$3,077	$256,000
2021	$3,077 -1.4%	$256,000 +12.9%
2020	$3,121 +0.1%	$226,800
2018	$3,119 -10%	$226,800 +0.9%
2016	$3,465 +2.5%	$224,700
2015	$3,379 -3.5%	$224,700 +3.2%
2014	$3,500 +2.3%	$217,800
2013	$3,422 +1.5%	$217,800 -0.5%
2012	$3,370 +15.3%	$218,800
2011	$2,923 -22.5%	$218,800 -22.5%
2010	$3,773 +0.9%	$282,400
2009	$3,739 +2.5%	$282,400 -14.7%
2007	$3,647 +3.9%	$331,200
2006	$3,511 +1.7%	$331,200 +56.9%
2005	$3,451 +6.5%	$211,100
2004	$3,240	$211,100

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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