Address
2 Stimpson Street, Middletown, RI
Price
$ 1,545,000
Property Attributes
  • MLS#1416783
  • TypeSingle Family
  • Listing Status Active Under Contract
  • CountyNewport
  • CityMiddletown
  • NeighborhoodEaston's Point
  • Zip02842
  • Style
  • Year Built1940
  • Taxes$ 16091
  • Price$ 1,545,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1767
  • Lot Size0.26 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

Located on a sunny south-facing corner lot in sought-after Easton's Point, this 4 bedroom, 2 bath home offers plenty of flexibility and lifestyle perks. Zoned as a legal two-family, it works equally well as a roomy single-family home, an income-generating rental, or a great setup for a single-level in-law suite. Already a successful short term vacation rental with an impressive history, the home has been updated with comfort and rental appeal in mind. The outdoor space stands out in the neighborhood, with a lot over 11,000 square feet ideal for relaxing and entertaining. The fenced yard has space for a future pool and custom hardscape, and there's a private patio with an outdoor pizza oven perfect for enjoying coastal sunsets with family and friends. Situated between Tuckerman Avenue and Wolcott Avenue, it's just a short distance to the ocean and ideally located between Easton's Beach and Second Beach. Only minutes from Downtown Newport, you're close to restaurants, beaches, shops, and attractions, making this a fantastic choice for both personal use and investment.

Price History
7/1/2026 Listed $1,595,000
8/10/2026 3$1,545,000

General Features

Sewer Connected
Heating Baseboard,Forced Air,Gas,Oil,Zoned
Cooling Window Unit(s)
Utilities Sewer Connected
Possession Close Through 45 Days,Immediately,Negotiable
Zoning R10
Garage Spaces 1
Construction Materials Drywall,Plaster,Vinyl Siding
Year Built 1940
Electric 150 Amp Service,Circuit Breakers,Separate Meters
View Saltwater,Water
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Walk to Water
Community Features Near Schools,Pool,Restaurant,Shopping,Tennis Court(s)
County Newport
New Construction false
Property Type Residential
Attached Garage true
Contingency Soliciting Back-up Offers
Subdivision Name Easton's Point
Garage Y/N true
Total Rooms 8
Full Baths 2
Status Active Under Contract
City Middletown
Senior Community Y/N false
Lot Size Units Square Feet
Lot Size Square Feet 11326
Land Lease Y/N false
Tax Annual Amount 16091
Virtual Tour https://tour.RiLiving.com/2-Stimpson-Street-Middletown-RI-02842
Standard Status Active Under Contract
Tax Assessed Value 1364800
Tax Lot 61
Property Sub Type Additional Single Family Residence

Interior Features

Interior Amenities Interior Steps,Stall Shower
Basement Crawl Space,Unfinished
Flooring Carpet,Ceramic Tile,Hardwood,Laminate
Total Fireplaces 1
Fireplace Features Masonry
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Total Bedrooms 4
LivingAreaSource Public Records
Total Baths 2

Exterior Features

Fencing Fenced
Parking Features Attached,Garage
Lot Features Corner Lot
Water Source Connected,Public
Total Parking 5
Lot Size Area 11326
Foundation Details Concrete Perimeter
Building Area Total 1767
Lot Size Acres 0.26
Covered Spaces 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 02842

Price
AVG $1.52M
$1.55M
Taxes
AVG $9,965
$16,091
Year Built
AVG 1972
1940