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Overview

  • Updated On:
  • August 12, 2025
  • 3
  • Bathrooms
  • 8
  • Rooms
  • 4
  • Bedrooms
  • 2 ac
  • Property Lot Size

223 Oliphant Lane, Middletown, Residential Income

$ 849,900
223 Oliphant Lane,

Description

A rare investment opportunity in one of Middletown’s most central and convenient locations. This well-maintained two-family property sits on over 1.5 acres, offering privacy on a pastoral setting, and strong potential for owner-occupancy or rental income. Each townhouse-style unit features 2 spacious bedrooms, 1.5 bathrooms, large living rooms, private rear decks, and generous unfinished basements with bulkheads, perfect for storage or future finishing. At 1,431 square feet per unit, the layout offers functional, comfortable living space with separate utilities. Tenants pay for heat, electricity, and Wi-Fi. Public sewer is connected, and the property is serviced by a private well. With leases in place through September 30, 2025, you have the flexibility to plan future occupancy or improvements. Set back from the road with ample parking and positioned between East and West Main Road, this is an ideal location for those seeking proximity to Middletown’s amenities while enjoying a serene setting. Don’t miss this rare duplex opportunity or potential condo conversion in the heart of Aquidneck Island.

Property Id : 662853
Price: $ 849,900
Property Lot Size: 2 ac
Rooms: 8
Bedrooms: 4
Bathrooms: 3
Basement: Full,Interior and Exterior,Unfinished
Bathrooms Full: 2
Bathrooms Half: 2
Building Area Total (sqft): 2862
Community Features: Golf,Hospital,Marina,Private School,Public School,Recreational Facilities,Restaurants,Schools
Construction Materials: Dry Wall,Clapboard,Shingles
Cooling: None
Parking Total: 8
Electric: 200 Amps,Circuit Breakers
Fireplace Features: Brick
Fireplaces Total: 2
Flooring: Ceramic Tile,Hardwood,Laminate,Vinyl
Foundation Details: Concrete Perimeter
Garage Spaces: 0
Heating: Natural Gas,Oil,Baseboard,Forced Water,Zoned
Laundry Features: In Unit
MLS Listing #: 1390637
Living Area Source: Public Records
Living Area Units: Square Feet
Lot Features: Paved Driveway
Lot Size SQFT: 68825
MLS Status: Pending
Number Of Units Total: 2
Parking Features: No Garage
Bathroom Features: Bath w Tub & Shower
Sewer: Connected
State: RI
Street Name: Oliphant
Street Number: 223
StreetNumberNumeric: 223
Street Suffix: Lane
Structure Type: Side/Side
Annual Taxes: 9156
Water Source: Private,Well
Year Built: 1987
Address: 223 Oliphant Lane
State/County:
Zip: 02842
Country: US
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Other Features
Attic
Dishwasher
Dryer
Gas Water Heater
Has Fireplace
Has Heating System
Insulation (Unknown)
Open Parking
Oven/Range
Plumbing (Mixed)
Property Attached
Refrigerator
Stairs
Wall (Dry Wall)
Washer
$ 5,030.20
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,967.83
Thu 28 Aug
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DISCLAIMER TEXT: 223 Oliphant Lane | 662853 : IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2024 State-Wide Multiple Listing Service. All rights reserved.

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