Active
5 beds1,587 sqft$372/sqft
28 Ludlow Rd, Middletown, RI 02842
Est: $3,343/moGet pre-approved
Multi FamilyProperty Type
7,405 sq ftLot Size
1954Year Built
$372/sq ftPrice per sq ft
2 carsParking Spaces

Description

Great opportunity for affordable property on Aquidneck Island. Side by Side 2 family. 3 bedroom in Unit B is just about move in ready. Fresh paint, wide pine floors, easy layout with open kitchen and laundry area. Private backyard area with storage shed and deck. Unit A is two bedroom and it is ready for your own ideas on the best way to show its potential. Endless possibilities to open it up to single family living, or live in one side and gain income from the other. Exterior is easy care vinyl...Great opportunity for affordable property on Aquidneck Island. Side by Side 2 family. 3 bedroom in Unit B is just about move in ready. Fresh paint, wide pine floors, easy layout with open kitchen and laundry area. Private backyard area with storage shed and deck. Unit A is two bedroom and it is ready for your own ideas on the best way to show its potential. Endless possibilities to open it up to single family living, or live in one side and gain income from the other. Exterior is easy care vinyl siding and the roof is less than 10 years old. Both units have their own front gated yards and private spaces outside. Shared driveway for two cars total, or dedicate the parking to one of the units as street parking is easily accessible.
29 days on Market
  • Listed by: Patrick McGrath 401.849.8020 Patrick@patricksri.com Brokerage DRE #REC.0018932 • First Resort, LLC
Last updated: 08/16/2026 12:32 AM • Source: Rhode Island Association of REALTORS®, MLS#: 1419887

Location

Listing Courtesy of First Resort, LLC
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Payment Calculator

$3,343 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,999

Property Taxes

$344

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 28 Ludlow Road

Property Details
  • Taxes: $4,133 / year
  • MLS Type: Residential Income / Multi Family
  • Subdivision Name: Buck Rd.
  • Architectural Style: Side By Side
Building Information
  • Stories: 1
  • Residences: 2
  • Year Built: 1954
  • Lot Size: 0.17 AC / 7,405 SF
Summary
Location and General Information
  • City: Middletown
  • Community Features: Highway Access, Near Schools, Public Transportation, Restaurant, Shopping, Sidewalks
  • Postal City: Middletown
  • Postal Code: 02842
  • State Or Province: RI
  • Zoning: R20
  • Human Modified Y N: No
Parking
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 2
Taxes and HOA Information
  • Tax Annual Amount: $4,133.00
  • Tax Assessed Value: 350700
  • Tax Block: NE
  • Tax Lot: 61
  • Tax Map Number: 107
  • Tax Year: 2025
Virtual Tour
Property
Lot Information
  • Above Grade Fin SQFT: 1587.0
  • Building Area Total: 1587.0
  • Frontage Length: 100
  • Living Area Source: Public Records
  • Lot Size Acres: 0.17
  • Lot Size Area: 7405.0
  • Lot Size Square Feet: 7405.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 28LUDLOWRDMDLT
  • Stories Total: 1
Property and Assessments
  • New Construction Y N: No
  • Number Of Units Total: 2
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community Y N: No
  • Year Built: 1954
  • C L I P: 4,712,013,254
Utilities
  • Electric: Amps100
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Paved Driveway
  • Fencing: Fenced
  • Foundation Details: Slab
Interior Features
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Basement: None
  • Basement Y N: No
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 5
  • Cooling: None
  • Cooling Y N: No
  • Door Features: Storm Doors
  • Fireplace Features: None
  • Fireplace Y N: No
  • Flooring: Other, Vinyl, Wood
  • Heating: Forced Air, Gas
  • Heating Y N: Yes
  • Interior Features: Attic, Tub Shower
  • Laundry Features: In Unit
  • Levels: One
  • Rooms Total: 11
Multi Family
Income & Expenses Information
  • Operating Expense: $18,000.00
Unit 1 Information
  • Actual Rent: $1,200.00
  • Description: Move in
  • Type: Three Bedroom
  • Occupant Type: Vacant
  • Unit Type Area: 874.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
Unit 2 Information
  • Actual Rent: $1,200.00
  • Description: Needs to be finished
  • Type: Two Bedroom
  • Occupant Type: Vacant
  • Unit Type Area: 713.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
Rental
Rental Information
  • Land Lease Y N: No

Property History for 28 Ludlow Road

DateEvent & SourcePriceAppreciation
Aug 5, 2026

Listed (Active)

Rhode Island Association of REALTORS® #1419887

$590,000
May 26, 2016

Sold (Public Record)

Public Record #572074242

$220,000

-2.5% / yr

Aug 16, 2007

Sold (Public Record)

Public Record #225546995

$275,000

+14.2% / yr

DateEvent & SourcePrice
08/05/2026

Listed (Active)

Rhode Island Association of REALTORS® #1419887

$590,000
05/26/2016

Sold (Public Record)

Public Record #572074242

$220,000

-2.5% / yr

08/16/2007

Sold (Public Record)

Public Record #225546995

$275,000

+14.2% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 28 Ludlow Road

Taxable ValueLand$150,800Additions$199,900Total$350,700
Tax Record2025$4,135 ($345 / month)
Home Facts
Baths2Total Finished SqFt1,587 SqFtAbove Grade Finished SqFt1,587 SqFtStories1Lot Size7,405 SqFtStyleDuplexYear Built1954Year Renovated1954ZoningR20CountyNEWPORTAPNMIDD M:0107 B:NE L:61

Schools near 28 Ludlow Road

This home is within Middletown School District.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 6 to 8
Public - 9 to 12
Public - 4 to 5
Rating
School
Distance
Forest Avenue School
PublicK to 3

Joseph H. Gaudet School
Public6 to 8

Middletown High School
Public9 to 12

Joseph Gaudet Academy
Public4 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

28 Ludlow Road is a multi-family home for sale in Middletown, RI 02842. This property was listed for sale on August 5, 2026 by First Resort, LLC, it's currently listed at $590,000. It has been on the market for a total of 29 days and was last sold on May 26, 2016. This listing's school district is Middletown School District. Nearby schools include Forest Avenue School, Joseph H. Gaudet School and Middletown High School. 28 Ludlow Road is a 5-bed, 2-bath, 1,587 sqft multi-family home built in 1954.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of First Resort, LLC

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.