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Listed price in listed location currency (USD).
$825,000
$849,900

448

MLS® 1390637

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $9,156
Lot Size 1.58 acres
Approx. Age 1987
MLS® Number 1390637

Property Address: 223 Oliphant Ln, Middletown, RI, 02842-4665

Average square foot calculated using Size range provided by listing agent.

Description

A rare investment opportunity in one of Middletown's most central and convenient locations. This well-maintained two-family property sits on over 1.5 acres, offering privacy on a pastoral setting, and strong potential for owner-occupancy or rental income. Each townhouse-style unit features 2 spacious bedrooms, 1.5 bathrooms, large living rooms, private rear decks, and generous unfinished basements with bulkheads, perfect for storage or future finishing. At 1, 431 square feet per unit, the layout offers functional, comfortable living space with separate utilities. Tenants pay for heat, electricity, and Wi-Fi. Public sewer is connected, and the property is serviced by a private well. With leases in place through September 30, 2025, you have the flexibility to plan future occupancy or improvements. Set back from the road with ample parking and positioned between East and West Main Road, this is an ideal location for those seeking proximity to Middletown's amenities while enjoying a serene setting. Don't miss this rare duplex opportunity or potential condo conversion in the heart of Aquidneck Island.
MLS® Number1390637
Laundry LevelIn Unit
Central VacNo
FireplaceNo
Acreage1.58
Exterior
GarageNo
Approx. Age1987
BasementExterior Entry, Full, Interior Entry, Unfinished
DrivewayNo Garage
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

Aug 6, 2025End Date
$825,000Sold Price

Sold

Jul 24, 2025List Date
$849,900List Price
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Commute

Starting Address
Destination Address
223 Oliphant Ln, Middletown, RI

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