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28 Ludlow Road Middletown, RI $ 590,000
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28 Ludlow Road
$ 590,000
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28 Ludlow Road

Middletown, RI, 02842
$ 590,000
Bedrooms5 Baths2.0 Sq 1,587

Monthly Estimate*

$ 3,725

28 Ludlow Road, Middletown, RI 02842 - Image 1
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Multi-Family Home for sale in Middletown, RI

for $590,000 with 5 bedrooms and 2 full baths. This 1,587 square foot home was built in 1954 on a lot size of 0.17.

Great opportunity for affordable property on Aquidneck Island. Side by Side 2 family. 3 bedroom in Unit B is just about move in ready. Fresh paint, wide pine floors, easy layout with open kitchen and laundry area. Private backyard area with storage shed and deck. Unit A is two bedroom and it is ready for your own ideas on the best way to show its potential. Endless possibilities to open it up to single family living, or live in one side and gain income from the other. Exterior is easy care vinyl siding and the roof is less than 10 years old. Both units have their own front gated yards and private spaces outside. Shared driveway for two cars total, or dedicate the parking to one of the units as street parking is easily accessible.

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Multi-Family Active

Price

$ 590,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,133

Style

Lot Size

0.17

Year Built

1954

Town/City

Middletown

County/Region

Newport

MLS | Web ID

1419887
Features
General
Sewer Connected Public Sewer
Heating Forced Air Gas
Cooling None
Utilities Sewer Connected
Possession Close Through 45 Days
Zoning R20
Garage Spaces 0
Construction Materials Drywall Vinyl Siding
Year Built 1954
Electric 100 Amp Service
Levels One
Property Subtype Multi Family
Tax Year 2025
Community Features Highway Access Near Schools Public Transportation Restaurant Shopping Sidewalks
County Newport
Operating Expense 18000
New Construction false
Property Type Residential Income
Subdivision Name Buck Rd.
Garage Y/N false
Total Rooms 11
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 7405
Land Lease Y/N false
Tax Annual Amount 4133
Virtual Tour https://tour.RiLiving.com/28-Ludlow-Road-Middletown-RI-02842
Standard Status Active
Tax Assessed Value 350700
Tax Lot 61
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Interior
Interior Amenities Attic Tub Shower
Basement None
Flooring Other Vinyl Wood
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
Exterior Amenities Paved Driveway
Fencing Fenced
Parking Features No Garage
Water Source Connected Public
Total Parking 2
Lot Size Area 7405
Foundation Details Slab
Number of Buildings 1
Building Area Total 1587
Lot Size Acres 0.17
Frontage Length 100
Covered Spaces 0
Door Features Storm Door(s)
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* Excluded Features
List By
First Resort, Llc

Broker

Patrick@patricksri.com

Email

Affordability Calculator

$4,070
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,725
Monthly Property Taxes
$344
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/5/2026$590,000 Listed Price

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28 Ludlow Road, Middletown, RI, 02842 is a Multi-Family Home for sale at $590,000 with 1,587 sqft and a lot size of 0.17. 28 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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