For sale

$1,400,000

58 Allston Ave, Middletown, RI 02842

4beds

2,142sqft

$9,073/mo

Get pre-qualified

Single Family Residence

Built in 1979

6,298 Square Feet Lot

$-- Zestimate^®

$654/sqft

$-- HOA

What's special

58 Allston Avenue, Middletown, RI 02842 — A rare, fully licensed and turn key short term rental investment in coveted Easton’s Point. This legal 5 bedroom, 3 bath single family home is a proven income producer, generating approximately $94,000 in annual gross revenue, and is being offered fully furnished with all furniture, fixtures, decorations, linens, kitchenware, and guest amenities included so the new owner can continue STR operations immediately. The “Coastal Charm Beach House” enjoys a prime location in the Easton’s Point neighborhood—just a short walk to Sachuest Beach(2nd Beach), Easton’s Beach (First Beach) and the Newport Cliff Walk, and only about 2–2.5 miles to downtown Newport’s restaurants, shops, and waterfront attractions. This balance of beach access and proximity to downtown makes it especially appealing to summer visitors, event guests, and year round travelers seeking a classic Newport area experience.

68 days
262
8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Bedroom 1

Level: First

Bedroom 2

Level: Second

Bedroom 3

Level: Second

Bedroom 4

Level: Second

Bathroom

Level: Second

Bathroom

Level: Second

Bathroom

Level: First

Dining area

Level: First

Kitchen

Level: First

Living room

Level: First

Heating

Oil, Baseboard, Central Air, Forced Air, Forced Water, Zoned

Cooling

Ductless

Appliances

Included: Electric Water Heater, Solar Hot Water, Dishwasher, Dryer, Range Hood, Microwave, Oven/Range, Refrigerator, Washer

Features

Wall (Plaster), Plumbing (Copper), Insulation (Ceiling), Insulation (Walls)
Flooring: Ceramic Tile, Laminate, Carpet
Windows: Insulated Windows
Basement: Full,Interior Entry,Finished,Bath/Stubbed,Bedroom(s),Common,Laundry,Storage Space,Utility
Number of fireplaces: 1
Fireplace features: Brick

Interior area

Total structure area: 1,242
Total interior livable area: 2,142 sqft
Finished area above ground: 1,242
Finished area below ground: 900

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 5
Parking features: Integral
Attached garage spaces: 1

Features

Waterfront features: Walk to Fresh Water, Walk to Salt Water

Lot

Size: 6,298 Square Feet

Details

Parcel number: MIDDM0115BSEL257
Zoning: RES
Other equipment: Cable TV, Coal Stove

Construction

Type & style

Home type: SingleFamily
Architectural style: Raised Ranch
Property subtype: Single Family Residence

Materials

Plaster, Clapboard
Foundation: Concrete Perimeter

Condition

New construction: No
Year built: 1979

Utilities & green energy

Electric: 100 Amp Service
Sewer: Assessment to Seller
Water: Assessment Seller, Municipal

Community & HOA

Community

Features: Near Public Transport, Commuter Bus, Golf, Hospital, Marina, Private School, Public School, Recreational Facilities, Schools, Near Shopping, Near Swimming, Tennis
Subdivision: Easton's Point

HOA

Has HOA: No

Location

Region: Middletown

Financial & listing details

Price per square foot: $654/sqft
Tax assessed value: $847,400
Annual tax amount: $9,991
Date on market: 7/31/2026
Inclusions: Current rental website - https://www.coastalcharmbeachhouse.com/

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/31/2026	Listed for sale	$1,400,000+150.4%$654/sqft
Source: StateWide MLS RI #1418714 Report a problem
11/9/2021	Listing removed	--
Source: Zillow Rental Manager Report a problem
9/20/2021	Listed for rent	$2,500-16.4%$1/sqft
Source: Zillow Rental Manager Report a problem
1/22/2021	Listing removed	--
Source: Local MLS Report a problem
1/4/2021	Listed for rent	$2,990-0.3%$1/sqft
Source: StateWide MLS RI #1272618 Report a problem
12/27/2020	Listing removed	--
Source: Zillow Rental Manager Report a problem
12/21/2020	Listed for rent	$3,000$1/sqft
Source: Owner Report a problem
11/20/2020	Price change	$559,000-3.5%$261/sqft
Source: BHHS Commonwealth Real Estate #1270470 Report a problem
11/3/2020	Price change	$579,000-3.5%$270/sqft
Source: BHHS Commonwealth Real Estate #1270470 Report a problem
10/23/2020	Listed for sale	$599,900+103.4%$280/sqft
Source: BHHS Commonwealth Real Estate #1267859 Report a problem
2/25/2004	Sold	$295,000$138/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,542	$847,400
2024	$9,542 +57.7%	$847,400 +68.4%
2023	$6,050	$503,300
2022	$6,050	$503,300
2021	$6,050 -3.6%	$503,300 +39.8%
2020	$6,274 +3.7%	$360,000
2018	$6,052 +41.8%	$360,000 +30.1%
2016	$4,268 +2.5%	$276,800
2015	$4,163 +0.7%	$276,800 +7.6%
2014	$4,133 +2.3%	$257,200
2013	$4,041 +2%	$257,200
2012	$3,961 +15.3%	$257,200
2011	$3,436 -15.7%	$257,200 -15.7%
2010	$4,077 +0.9%	$305,200
2009	$4,041 -2.6%	$305,200 -19%
2007	$4,147 +3.9%	$376,700
2006	$3,993 +11.5%	$376,700 +71.9%
2005	$3,582 +6.5%	$219,100
2004	$3,363	$219,100