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247 West Main Road, 
Middletown, RI 02842

$1,249,000


5

Beds


4

Baths


2,858

Sq Ft


Multi-Family

Active

Listed by

Jeanne Allen

Arthur Chapman

William Raveis Inspire

Last updated:

August 10, 2026, 10:57 AM

MLS#

1418571

Source:

RI STATEWIDE

About This Home

247 West Main Road

Rare Multi-Property Investment Opportunity! Exceptional offering of 247 and 249-251 West Main Road featuring two contiguous properties with outstanding income and investment potential in the heart of Middletown. Whether you're looking to expand your investment portfolio, generate rental income, or occupy one residence while leasing the others, this unique property offers exceptional flexibility. Ideal for year-round rentals, furnished seasonal rentals, or short-term vacation rentals where permitted by local regulations. The prime location, just minutes from Newport, area beaches, shopping, restaurants, marinas, and Naval Station Newport, provides strong rental demand throughout the year. The property also presents an excellent opportunity for a primary residence with supplemental income or future redevelopment potential, subject to municipal approvals. Rarely do three adjacent properties become available as a single offering, creating possibilities for investors, developers, and owner-occupants alike. A truly unique opportunity to own a versatile income-producing property on Aquidneck Island with exceptional long-term appreciation potential. This single-family property is set back from road with a delightful private yard and mature shrubbery. The spacious 2 car garage and plenty of parking add exceptional value. House and duplex are also being listed separately, please see MLS #s 1418769 and 1418643.

Home Facts

Multi-Family

4 Baths

5 Bedrooms

Built in 1945

Subdivision & Development:

Two Mile Corner

Price Summary

1,249,000

$437 per Sq. Ft.

MLS #:

1418571

Last Updated:

August 10, 2026, 10:57 AM

Added:

20 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

2,858 Sq. Ft.


Structure

Structure

Building Area:

2,858 Sq. Ft.

Year Built:

1945


Lot

Lot Size (Sq. Ft):

19,166


Finances & Disclosures

Finances

Price:

$1,249,000

Price per Sq. Ft:

$437 per Sq. Ft.

MLS Logo
The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Coldwell Banker Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 State-Wide MLS, Inc. All rights reserved. Date Last Update: August 10, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.