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Sold for $805,000
    • $805,000

    38 Freeborn St, Middletown, RI 02842

    6beds
    2,266sqft
    Multi Family
    Built in 1948
    -- sqft lot
    $957,800 Zestimate®
    $355/sqft
    $2,891 Estimated rent

    Home value

    $957,800

    $891,000 - $1.03M

    $2,891/mo

    Zestimate® history
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    What's special

    New gas heating systemSeparate washersFull kitchensPlenty of parking
    Investors and owner occupy buyers take note! Rare Multi-Family available on the border of Middletown and Newport. Just minutes to the shops and restaurants on Broadway (1 mile), easy access to the Pell Bridge (2 miles), Navy Base ( 2miles), just a few miles to the best beaches and so close to Middletown shopping. The two units each have 3 bedrooms and 1 full bathroom, living rooms and full kitchens. Separate washers and dryers are located in the basement along with recently installed storage cages for each unit. New gas heating system installed in 2020. Plenty of parking and a detached 2 car garage. Use one unit as your home/second home and get income from the second unit. Or use it as a great investment.

    Zillow last checked:

    Listing updated:

    Listed by:

    Wendy Heaney 401-924-2465,

    Century 21 Topsail Realty

    Bought with:

    Jeff Brooks, RES.0034174

    Hogan Associates Christie's

    Source: StateWide MLS RI,MLS#: 1342970MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Bathroom
    • Features: Bath w Tub & Shower
    Heating
    • Electric, Natural Gas, Baseboard, Gas Connected, Radiant
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater, Dishwasher, Dryer, Exhaust Fan, Oven/Range, Washer
    • Laundry: Common Area, In Building
    Features
    • Wall (Dry Wall), Plumbing (Mixed), Insulation (Unknown), Ceiling Fan(s)
    • Flooring: Ceramic Tile, Hardwood, Carpet
    • Basement: Full,Interior and Exterior,Unfinished,Laundry,Storage Space,Utility
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 2,266
    • Total interior livable area: 2,266 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Detached, Driveway
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 3
    Lot
    • Size: 5,662 Square Feet
    Details
    • Parcel number: MIDDM0108BSWL154
    • Zoning: R10
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Dry Wall, Wood
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1948

    Utilities & green energy

    • Electric: 200+ Amp Service, Circuit Breakers, Individual Meter
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Near Public Transport, Commuter Bus, Hospital, Public School, Restaurants, Schools, Near Shopping
    • Subdivision: Miantonomi
    HOA
    • Has HOA: No
    Location
    • Region: Middletown

    Financial & listing details

    • Price per square foot: $355/sqft
    • Tax assessed value: $806,800
    • Annual tax amount: $4,479
    • Date on market: 9/26/2024
    • Total actual rent: 4000

    Price history

    DateEventPrice
    10/5/2023Sold$805,000+2.7%$355/sqft
    Source: StateWide MLS RI #1342970 Report a problem
    9/13/2023Pending sale$784,000$346/sqft
    Source: StateWide MLS RI #1342970 Report a problem
    9/5/2023Listed for sale$784,000+74.2%$346/sqft
    Source: StateWide MLS RI #1342970 Report a problem
    12/6/2018Listing removed$1,900$1/sqft
    Source: Keller Williams Realty of Newport #1207073 Report a problem
    10/30/2018Price change$1,900+11.8%$1/sqft
    Source: Keller Williams Realty of Newport #1207073 Report a problem
    10/15/2018Listed for rent$1,700$1/sqft
    Source: KELLER WILLIAMS RLTY NEWPORT #1207073 Report a problem
    6/29/2018Sold$450,000+30.4%$199/sqft
    Source: Public Record Report a problem
    3/31/2014Sold$345,000-1.4%$152/sqft
    Source: Public Record Report a problem
    1/12/2014Price change$349,900-5.4%$154/sqft
    Source: William Raveis #1051619 Report a problem
    12/5/2013Price change$369,900-3.9%$163/sqft
    Source: William Raveis #1051619 Report a problem
    10/19/2013Price change$384,900-3.5%$170/sqft
    Source: William Raveis #1051619 Report a problem
    9/24/2013Listed for sale$399,000+17.4%$176/sqft
    Source: William Raveis #1051619 Report a problem
    10/23/2003Sold$340,000+141.1%$150/sqft
    Source: Public Record Report a problem
    1/14/2000Sold$141,000$62/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,085 $806,800
    2024$9,085 +102.8%$806,800 +116.5%
    2023$4,479 $372,600
    2022$4,479 $372,600
    2021$4,479 -34.6%$372,600 +16.9%
    2020$6,850 +20.2%$318,700
    2018$5,700 +24.5%$318,700 +7.3%
    2016$4,578 +2.5%$296,900
    2015$4,465 +14.3%$296,900 +22.1%
    2014$3,907 +2.3%$243,100
    2013$3,819 +2%$243,100
    2012$3,744 +15.3%$243,100
    2011$3,248 -12%$243,100 -12%
    2010$3,690 +0.9%$276,200
    2009$3,657 +8%$276,200 -10.2%
    2007$3,387 +3.9%$307,600
    2006$3,261 +3.7%$307,600 +60%
    2005$3,144 +6.5%$192,300
    2004$2,952 $192,300
    Find assessor info on the county website

    Neighborhood: 02842

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    Estimated market value
    $957,800
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    Estimated market value
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