Active
7 beds5,144 sqft$350/sqft
4 James St, Middletown, RI 02842
Est: $10,203/moGet pre-approved
Multi FamilyProperty Type
0.25 acresLot Size
1956Year Built
$350/sq ftPrice per sq ft
9 carsParking Spaces

Description

ATTENTION BUYERS - GREAT OPPORTUNITY TO PURCHASE A PROPERTY AS A FAMILY COMPOUND OR FOR AN INVESTMENT - Turnkey two-family home has been completely upgraded and sits on Easton's Point within walking distance to the beach! You'll find 8 bedrooms (2 are ensuite) and 6 bathrooms with everything updated - bathrooms, central A/C, two kitchens, floors, two laundry washers/dryers, with all furniture included in the sale. Other highlights include an attached garage, deck, private and flat backyard, and parking...ATTENTION BUYERS - GREAT OPPORTUNITY TO PURCHASE A PROPERTY AS A FAMILY COMPOUND OR FOR AN INVESTMENT - Turnkey two-family home has been completely upgraded and sits on Easton's Point within walking distance to the beach! You'll find 8 bedrooms (2 are ensuite) and 6 bathrooms with everything updated - bathrooms, central A/C, two kitchens, floors, two laundry washers/dryers, with all furniture included in the sale. Other highlights include an attached garage, deck, private and flat backyard, and parking for at least 8 cars. Floor plans allow for flexibility of customizing the size of each rental unit or splitting the space to your configuration preference for personal use and a rental unit. A large unfinished basement provides tons of storage space which may allow the adding of a finished living space/rec room. The property maybe converted back to single-family use and is currently rented seasonally until May 2026. No bookings exist beyond May 2026. There is a current short term rental(SRT) registration and Airbnb summer rentals have been highly successful. Note: this listing is also shown as a single-family listing under MLS listing #1395808.
351 days on Market
  • Listed by: Teri Degnan 401.474.9191 teri@teridegnan.com Brokerage DRE #REC.0015615 • Teri Degnan RE & Consulting
Last updated: 06/18/2026 12:13 PM • Source: Rhode Island Association of REALTORS®, MLS#: 1394661

Location

Listing Courtesy of Teri Degnan RE & Consulting
Add your commute

Payment Calculator

$10,203 per month

30 year fixed, 6.55% Interest

Principal and Interest

$9,149

Property Taxes

$1,054

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 4 James Street

Property Details
  • Taxes: $12,644 / year
  • MLS Type: Residential Income / Multi Family
  • Subdivision Name: Easton's Point
  • Architectural Style: Side By Side
Building Information
  • Stories: 3
  • Residences: 2
  • Year Built: 1956
  • Lot Size: 0.25 AC / 10,890 SF
Summary
Location and General Information
  • City: Middletown
  • Postal City: Middletown
  • Postal Code: 02842
  • Postal Code Plus4: 5932
  • State Or Province: RI
  • Human Modified Y N: Yes
Parking
  • Attached Garage Y N: Yes
  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage Y N: Yes
  • Parking Features: Attached, Garage
  • Parking Total: 9
Taxes and HOA Information
  • Tax Annual Amount: $12,644.00
  • Tax Assessed Value: 828300
  • Tax Lot: 31
  • Tax Map Number: 122
  • Tax Year: 2024
Property
Lot Information
  • Above Grade Fin SQFT: 5144.0
  • Building Area Total: 5144.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.25
  • Lot Size Area: 10890.0
  • Lot Size Square Feet: 10890.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 4JAMESSTMDLT
  • Stories Total: 3
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: 1956
  • C L I P: 6,077,070,589
Utilities
  • Electric: Amps200Or More, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Deck, Porch
  • Foundation Details: Concrete Perimeter
Interior Features
  • Appliances: Electric Water Heater, Water Heater
  • Basement: Interior Entry, Partial, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 6
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 7
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Door Features: Storm Doors
  • Fireplaces Total: 1
  • Fireplace Y N: Yes
  • Flooring: Hardwood, Laminate, Vinyl
  • Heating: Forced Air, Oil
  • Heating Y N: Yes
  • Laundry Features: Common Area, In Unit
  • Patio And Porch Features: Deck, Porch
  • Rooms Total: 12
Multi Family
Income & Expenses Information
  • Operating Expense: $52,478.00
Unit 1 Information
  • Actual Rent: $3,600.00
  • Unit Type Area: 1050.0
  • Baths Total: 2
  • Beds Total: 3
  • Num of Full Baths: 2
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $3,900.00
  • Unit Type Area: 1920.0
  • Baths Total: 4
  • Beds Total: 4
  • Num of Full Baths: 4
  • Num of Half Baths: 0
Rental
Rental Information
  • Land Lease Y N: No

Property History for 4 James Street

DateEvent & SourcePriceAppreciation
Sep 23, 2025

Listed (Active)

Rhode Island Association of REALTORS® #1395808

$1,800,000
Sep 23, 2025

Listed (Active)

Rhode Island Association of REALTORS® #1394661

$1,800,000
Jan 17, 2024

Permanently Off Market

Rhode Island Association of REALTORS® #1345895

DateEvent & SourcePrice
09/23/2025

Listed (Active)

Rhode Island Association of REALTORS® #1395808

$1,800,000
09/23/2025

Listed (Active)

Rhode Island Association of REALTORS® #1394661

$1,800,000
01/17/2024

Permanently Off Market

Rhode Island Association of REALTORS® #1345895

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

Public Records for 4 James Street

Taxable ValueLand$919,400Additions$577,800Total$1,497,200
Tax Record2025$17,652 ($1,471 / month)
Home Facts
Baths4Total Finished SqFt2,936 SqFtAbove Grade Finished SqFt2,936 SqFtUnfinished Basement SqFt1,300 SqFtStories2Lot Size10,890 SqFtStyleDuplexYear Built1956Year Renovated1956ZoningR20CountyNEWPORTAPNMIDD M:0122 B:00 L:31

Schools near 4 James Street

This home is within Middletown School District.
Rating
School
Type
Grades
Distance
Public - 4 to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 3
Rating
School
Distance
Joseph Gaudet Academy
Public4 to 5

Joseph H. Gaudet School
Public6 to 8

Middletown High School
Public9 to 12

Forest Avenue School
PublicK to 3

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

New listings in 02842

$599,000 | 7 Namquid Drive, Middletown, RI 02842
1/57
Compass Coming SoonOpen: 9/12 09:00AM - 11:00AM

$599,000

3
Bedrooms
1,433
Square Feet
0.25
Acres
$2,495,000 | 19 Briarwood Avenue, Middletown, RI 02842
1/48
Virtual TourNew

$2,495,000

7
Bedrooms
4,300
Square Feet
0.27
Acres
$779,800 | 29 Sherwood Road, Middletown, RI 02842
1/36

$779,800

4
Bedrooms
1,592
Square Feet
0.08
Acres
$415,000 | 55 John Clarke Road, Unit 23, Middletown, RI 02842
1/27

$415,000

Unavailable
Bedrooms
1,022
Square Feet
$4,250,000 | 14 Kay Boulevard, Middletown, RI 02842
1/50
Open: 9/13 12:00PM - 01:30PM

$4,250,000

7
Bedrooms
6,200
Square Feet
0.34
Acres
$675,000 | 74 Valley Road, Middletown, RI 02842
1/48

$675,000

3
Bedrooms
1,739
Square Feet
0.23
Acres
$899,900 | 5 North Drive, Middletown, RI 02842
1/48

$899,900

4
Bedrooms
2,119
Square Feet
0.47
Acres
$849,000 | 222 Peckham Avenue, Middletown, RI 02842
1/27

$849,000

2
Bedrooms
952
Square Feet
0.33
Acres
$1,500,000 | 20 Samson Lane, Middletown, RI 02842
1/50

$1,500,000

5
Bedrooms
3,112
Square Feet
0.47
Acres

4 James Street is a multi-family home for sale in Middletown, RI 02842. This property was listed for sale on September 23, 2025 by Teri Degnan RE & Consulting, it's currently listed at $1,800,000. It has been on the market for a total of 351 days and was last sold on September 12, 2018. This listing's school district is Middletown School District. Nearby schools include Joseph Gaudet Academy, Joseph H. Gaudet School and Middletown High School. 4 James Street is a 7-bed, 6-bath, 5,144 sqft multi-family home built in 1956.

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 Teri Degnan RE & Consulting

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.