Investors and owner occupy buyers take note! Rare Multi-Family available on the border of Middletown and Newport. Just minutes to the shops and restaurants on Broadway (1 mile), easy access to the Pell Bridge (2 miles), Navy Base ( 2miles), just a few miles to the best beaches and so close to Middletown shopping. The two units each have 3 bedrooms and 1 full bathroom, living rooms and full kitchens. Separate washers and dryers are located in the basement along with recently installed storage cages for each unit. New gas heating system installed in 2020. Plenty of parking and a detached 2 car garage. Use one unit as your home/second home and get income from the second unit. Or use it as a great investment.
Sold for $805,000 on 10/05/23
$805,000
38 Freeborn St, Middletown, RI 02842
6beds
2,266sqft
Multi Family
Built in 1948
-- sqft lot
$942,000 Zestimate®
$355/sqft
$2,755 Estimated rent
Home value
$942,000
$876,000 - $1.02M
$2,755/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 06, 2023 at 09:32am
Listed by:
Wendy Heaney 401-924-2465,
Century 21 Topsail Realty
Bought with:
Jeff Brooks, RES.0034174
Hogan Associates Christie's
Source: StateWide MLS RI,MLS#: 1342970
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Features: Bath w Tub & Shower
Heating
- Electric, Natural Gas, Baseboard, Gas Connected, Radiant
Cooling
- None
Appliances
- Included: Electric Water Heater, Dishwasher, Dryer, Exhaust Fan, Oven/Range, Washer
- Laundry: Common Area, In Building
Features
- Wall (Dry Wall), Plumbing (Mixed), Insulation (Unknown), Ceiling Fan(s)
- Flooring: Ceramic Tile, Hardwood, Carpet
- Basement: Full,Interior and Exterior,Unfinished,Laundry,Storage Space,Utility
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,266
- Total interior livable area: 2,266 sqft
Property
Parking
- Total spaces: 6
- Parking features: Detached, Driveway
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Size: 5,662 sqft
Details
- Parcel number: MIDDM0108BSWL154
- Zoning: R10
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Wood
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Electric: 200+ Amp Service, Circuit Breakers, Individual Meter
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Commuter Bus, Hospital, Public School, Restaurants, Schools, Near Shopping
Location
- Region: Middletown
- Subdivision: Miantonomi
HOA & financial
Other financial information
- Total actual rent: 4000
Price history
| Date | Event | Price |
|---|---|---|
| 10/5/2023 | Sold | $805,000+2.7%$355/sqft |
Source:  StateWide MLS RI #1342970 | ||
| 9/13/2023 | Pending sale | $784,000$346/sqft |
Source: StateWide MLS RI #1342970 | ||
| 9/5/2023 | Listed for sale | $784,000+74.2%$346/sqft |
Source: StateWide MLS RI #1342970 | ||
| 12/6/2018 | Listing removed | $1,900$1/sqft |
Source: Keller Williams Realty of Newport #1207073 | ||
| 10/30/2018 | Price change | $1,900+11.8%$1/sqft |
Source: Keller Williams Realty of Newport #1207073 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,085 | $806,800 |
| 2024 | $9,085 +102.8% | $806,800 +116.5% |
| 2023 | $4,479 | $372,600 |
Find assessor info on the county website
Neighborhood: 02842
Nearby schools
GreatSchools rating
- 6/10Aquidneck SchoolGrades: PK-3Distance: 1.1 mi
- 8/10Joseph H. Gaudet SchoolGrades: 6-8Distance: 1.5 mi
- 5/10Middletown High SchoolGrades: 9-12Distance: 1.1 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$942,000
2% more+ $18,840
With Zillow Showcase(estimated)
$960,840