Active
4 beds1,592 sqft

29 Sherwood Rd, Middletown, RI 02842

Multi FamilyProperty Type
0.08 acresLot Size
1970Year Built
$490/sq ftPrice per sq ft
4 carsParking Spaces

Description

Set on a quiet cul-de-sac in a highly convenient Middletown location, 29 Sherwood Road offers a versatile two-family opportunity ideal for investors, multigenerational living, or an owner-occupied arrangement with supplemental rental income. Each well-maintained unit features two bedrooms, one full bathroom, comfortable living spaces, and off-street parking. The property is located just minutes from Easton's Beach, downtown Newport, local restaurants, shopping, schools, and everyday amenities, with...Set on a quiet cul-de-sac in a highly convenient Middletown location, 29 Sherwood Road offers a versatile two-family opportunity ideal for investors, multigenerational living, or an owner-occupied arrangement with supplemental rental income. Each well-maintained unit features two bedrooms, one full bathroom, comfortable living spaces, and off-street parking. The property is located just minutes from Easton's Beach, downtown Newport, local restaurants, shopping, schools, and everyday amenities, with convenient access to the Newport Naval Station and destinations throughout Aquidneck Island. Whether used for year-round rentals, seasonal housing, or a combination of personal and income-producing use, this property offers flexibility in an area with strong rental demand. Enjoy easy access to the shoreline, Newport's celebrated dining and entertainment, and the relaxed coastal lifestyle that makes Middletown such a desirable place to live and invest.
30 days on Market
  • Listed by: Sheil Readyhough Team 401.243.7041 srteam@serhant.com Brokerage DRE #REC.0005300 • SERHANT.
  • Listed by: Johnny Sheil 401.243.7041 johnnysheil@serhant.com Brokerage DRE #REC.0005300 • SERHANT.
Last updated: 09/19/2026 12:32 AM • Source: Rhode Island Association of REALTORS®, MLS#: 1422268
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Location

Listing Courtesy of SERHANT.
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$4,800 per month

30 year fixed, 7.03% Interest

Principal and Interest

$4,163

Property Taxes

$637

HOA Dues

$0

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Property Information for 29 Sherwood Road

Property Details

  • Taxes: $7,649 / year
  • MLS Type: Residential Income / Multi Family
  • Subdivision Name: Bliss / Kay Boulevard
  • Architectural Style: Stacked

Building Information

  • Stories: 2
  • Residences: 2
  • Year Built: 1970
  • Lot Size: 0.08 AC / 3,485 SF

Summary

Location and General Information
  • City: Middletown
  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Courts
  • Postal City: Middletown
  • Postal Code: 02842
  • State Or Province: RI
  • Zoning: R10
  • Human Modified Y N: No
Parking
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 4
Taxes and HOA Information
  • Tax Annual Amount: $7,648.59
  • Tax Assessed Value: 606200
  • Tax Lot: 104
  • Tax Map Number: 109
  • Tax Year: 2025

Property

Lot Information
  • Above Grade Fin SQFT: 1592.0
  • Building Area Total: 1592.0
  • Living Area Source: Other
  • Lot Features: Cul De Sac
  • Lot Size Acres: 0.08
  • Lot Size Area: 3485.0
  • Lot Size Square Feet: 3485.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 29SHERWOODRDMDLT
  • Stories Total: 2
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: 1970
  • C L I P: 3,925,627,493
Utilities
  • Electric: Amps100, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Interior and Exterior Features

Exterior Features
  • Exterior Features: Paved Driveway
  • Fencing: Fenced
  • Foundation Details: Slab
Interior Features
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Basement: None
  • Basement Y N: No
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4
  • Cooling: None
  • Cooling Y N: No
  • Fireplace Features: None
  • Fireplace Y N: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Heating: Baseboard, Gas, Hot Water
  • Heating Y N: Yes
  • Interior Features: Stall Shower, Tub Shower
  • Laundry Features: In Unit
  • Rooms Total: 8

Multi Family

Income & Expenses Information
  • Operating Expense: $6,208.00
Unit 1 Information
  • Actual Rent: $2,500.00
  • Type: Two Bedroom
  • Unit Type Area: 796.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
Unit 2 Information
  • Actual Rent: $2,300.00
  • Type: Two Bedroom
  • Unit Type Area: 664.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1

Rental

Rental Information
  • Land Lease Y N: No

Property History for 29 Sherwood Road

DateEvent & SourcePriceAppreciation
Sep 8, 2026

Listed (Active)

Rhode Island Association of REALTORS® #1422268

$779,800—
Jul 31, 2024

Sold (Public Record)

Public Record #1537851899

$661,500

+7.8% / yr

Apr 14, 2023

Sold (Public Record)

Public Record #1509119083

$600,000

+6.9% / yr

DateEvent & SourcePrice
09/08/2026

Listed (Active)

Rhode Island Association of REALTORS® #1422268

$779,800
07/31/2024

Sold (Public Record)

Public Record #1537851899

$661,500

+7.8% / yr

04/14/2023

Sold (Public Record)

Public Record #1509119083

$600,000

+6.9% / yr

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

Public records

29 Sherwood Road

Baths

3.5

Total Finished SqFt

1,518 SqFt

Above Grade Finished SqFt

1,518 SqFt

Stories

2

Lot Size

3,485 SqFt

Style

Duplex

Schools near 29 Sherwood Road

This home is within Middletown School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 6 to 8
Public - 9 to 12
Public - 4 to 5
Rating
School
Distance
Aquidneck School
PublicPK 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.

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29 Sherwood Road is a multi-family home for sale in Middletown, RI 02842. This property was listed for sale on September 8, 2026 by SERHANT., it's currently listed at $779,800. It has been on the market for a total of 30 days and was last sold on July 31, 2024. This listing's school district is Middletown School District. Nearby schools include Aquidneck School, Joseph H. Gaudet School and Middletown High School. 29 Sherwood Road is a 4-bed, 2-bath, 1,592 sqft multi-family home built in 1970.

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 SERHANT.

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.