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15 Ludlow Road Middletown, RI $ 550,000
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15 Ludlow Road
$ 550,000
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15 Ludlow Road

Middletown, RI, 02842
$ 550,000
Bedrooms5 Baths2.0 Sq 1,587

Monthly Estimate*

$ 3,386

15 Ludlow Road, Middletown, RI 02842 - Image 1
15 Ludlow Road, Middletown, RI 02842 - Image 2
15 Ludlow Road, Middletown, RI 02842 - Image 3
15 Ludlow Road, Middletown, RI 02842 - Image 4
15 Ludlow Road, Middletown, RI 02842 - Image 5
15 Ludlow Road, Middletown, RI 02842 - Image 6
15 Ludlow Road, Middletown, RI 02842 - Image 7
15 Ludlow Road, Middletown, RI 02842 - Image 8
15 Ludlow Road, Middletown, RI 02842 - Image 9
15 Ludlow Road, Middletown, RI 02842 - Image 10
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Multi-Family Home for sale in Middletown, RI

for $550,000 with 5 bedrooms and 2 full baths. This 1,587 square foot home was built in 1954 on a lot size of 0.1914.

This side-by-side duplex, situated on a desirable corner lot in a central Middletown location, offers a fantastic investment opportunity or perfect owner-occupied home. One-unit features 2 spacious bedrooms, while the other boasts 3 bedrooms, providing flexibility to accommodate different needs. Both units enjoy single-level living, making them accessible and convenient. Each side has separate gas heating and electric systems to ensure independent control and comfort. Additionally, the property includes a large shed with electricity, adding valuable storage and utility space. This well-located duplex combines practicality with great accessibility to schools, shopping, bus line and more.

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Multi-Family Active

Price

$ 550,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,100

Style

Lot Size

0.1914

Year Built

1954

Town/City

Middletown

County/Region

Newport

MLS | Web ID

1414185
Features
General
Sewer Connected Public Sewer
Heating Forced Air Gas
Cooling None
Utilities Sewer Connected
Possession Negotiable
Zoning R-20
Garage Spaces 0
Construction Materials Drywall Plaster Other
Year Built 1954
Electric 100 Amp Service Circuit Breakers
Tenant Pays Hot Water
Levels One
Property Subtype Multi Family
Tax Year 2025
Community Features Near Schools Public Transportation Shopping Sidewalks
County Newport
Operating Expense 0
New Construction false
Property Type Residential Income
Subdivision Name Commodore Perry Village
Garage Y/N false
Other Structures Outbuilding
Total Rooms 9
Full Baths 2
Status Active
City Middletown
Senior Community Y/N false
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 8336
Land Lease Y/N false
Tax Annual Amount 4100
Virtual Tour https://tour.RiLiving.com/15-Ludlow-Road-Middletown-RI-02842
Standard Status Active
Tax Assessed Value 345300
Tax Lot 70
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Interior
Interior Amenities Attic Storage Tub Shower
Basement None
Flooring Laminate Vinyl
Total Fireplaces 0
Fireplace Features None
Total Stories 1
Basement (Y/N) false
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features In Unit
Total Bedrooms 5
Total Baths 2
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Exterior
Parking Features No Garage
Lot Features Corner Lot
Water Source Public
Total Parking 4
Lot Size Area 8336
Foundation Details Slab
Number of Buildings 1
Building Area Total 1587
Lot Size Acres 0.1914
Frontage Length 175
Covered Spaces 0
Door Features Storm Door(s)
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* Excluded Features
List By
Re/Max Profnl. Newport, Inc.

Broker

dave@themccauleyduo.com

Email

Affordability Calculator

$3,728
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,386
Monthly Property Taxes
$342
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
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Pricing History
DatePricePrice ChangeDescription
6/8/2026$550,000 Listed Price

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15 Ludlow Road, Middletown, RI, 02842 is a Multi-Family Home for sale at $550,000 with 1,587 sqft and a lot size of 0.1914. 15 Ludlow Road has 5 bedrooms, 2.0 baths, and was built in 1954. The property's zip code is 02842 which is in Middletown, RI

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