74 Valley Road
Middletown, RI, 02842 $ 675,000
Baths0.0 Sq 1,739 Monthly Estimate*
$ 4,156
Studio for $675,000. This 1,739 square foot home was built in 1950 on a lot size of 0.23.
Rare opportunity to own a truly versatile property in one of Middletown's most desirable locations! This charming Cape-style home has been successfully operated as a thriving dental practice for many years and offers exceptional potential for homeowners, investors, entrepreneurs, and professionals alike. Zoned Limited Business, the property provides a flexible floor plan ideal for a home-based business, professional office, investment property, or residential use. The main level offers multiple rooms that can easily accommodate office, business, or residential needs, while the upper level presents the opportunity for a private residence or income-producing rental unit. A spacious parking lot accommodating approximately 12 vehicles, ample off-street parking, and a manageable yard further enhance the property's appeal. Ideally situated just minutes from Middletown's beautiful beaches, Downtown Newport, the Newport Bridge, and all the shopping, dining, entertainment, and amenities Aquidneck Island has to offer, this location combines convenience with coastal charm. Whether you're seeking a live-work setup, investment opportunity, business location, or a unique place to call home, this special property delivers unmatched flexibility and value. Opportunities like this are exceptionally rare. Don't miss your chance to own a property that offers homeownership, investment, and business potential all in one unbeatable location. Call today to schedule your private showing!
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FeaturesGeneralSewer Connected PublicSewer
Heating Baseboard HotWater
Cooling CentralAir
Utilities ElectricityAvailable NaturalGasNotAvailable SewerConnected
Possession Negotiable
Zoning OBA
Construction Materials Frame
Year Built 1950
Electric Amps100 CircuitBreakers
Stories Count 2
Levels Two
Property Subtype Commercial
Tax Year 2025
Business Type Accounting Agriculture AdministrativeAndSupport Commercial ConstructionContractor Decorator Dental Electronics Financial HealthServices Landscaping Medical Mixed Music ProfessionalOffice Photographer Printing ProfessionalService RealEstate Rental Residential
Community Features Golf Marina NearHospital NearSchools Pool PublicTransportation RecreationArea Restaurant Shopping TennisCourts
County Newport
New Construction false
Property Type CommercialSale
Possible Use MedicalDental MixedUse Office Other Residential Retail SingleFamily
Status Active
City Middletown
Number Of Units Total 1
Lot Size Units SquareFeet
Lot Size Square Feet 10019
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 8091
Lease Considered Y/N false
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 595400
Tax Lot 119
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InteriorTotal Stories 2
Air Conditioning Y/N true
Heating Y/N true
Laundry Features CommonArea
Total Baths 0
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ExteriorWater Source Connected
Total Parking 12
Lot Size Area 10019
Foundation Details SeeRemarks
Number of Buildings 1
Building Area Total 1739
Lot Size Acres 0.23
Road Surface Type Paved
Road Frontage Type CityStreet
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* Excluded FeaturesList ByCastle Keep Realty Corp.Broker
Cesar@Castlekeeprealtynpt.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,156
- Monthly Property Taxes
- $674
- 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.
Learn more about how to save NearbySingle family listings in Middletown, RI
Average List Price $1,521,049
Percent of Sale Price 125%
About Middletown, RI 16,354 Population
-6% Since 2002
$ 65,207 Median Income
44.62 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/12/2026 | $675,000 | | Listed Price |