1 Shangri-La Lane, Middletown, Rhode Island 02842
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$920,000 USD

Multi Family Home for Sale, 1 Shangri-La Lane, Middletown, Rhode Island 02842

  • MLS#
    1399313
  • Bedrooms
    4
  • Bathrooms
    2
  • Home/Lot size
    247 m² (2,655 ft²)

Listed By Residential Properties Ltd.

The Multi Family Home for Sale located at 1 Shangri-La Lane, Middletown, Rhode Island 02842 is currently for sale. 1 Shangri-La Lane, Middletown, Rhode Island 02842 is listed for $920,000. This property has 4 bedrooms, 2 bathrooms.

Date Updated : Dec 2, 2025

Property features

Property

  • Property size: 247 m² (2,655 ft²)
  • Features: Basement

Lot/Land

  • Land/Lot size: 607 m² (6,534 ft²)

Construction

  • Year built: 1944
  • Basement and foundation: UnfinishedFull Basement

Bedrooms

  • Bedrooms: 4

Bathrooms

  • Total bathrooms: 2
  • Full bathrooms: 2

Interior Features

  • Floors: HardwoodVinyl

Heating and Cooling

  • Heating system: BaseboardNatural GasElectric

Utilities

  • Other utilities: Public Sewer

Community

  • Features: Golf CourseMarina

Description

Completely renovated from top to bottom, this impressive side-by-side duplex offers a perfect balance of modern design, comfort, and versatility—ideal for both owner-occupants and savvy investors alike. Ideally located just off Boulevard, less than 3 miles from First and Second Beach and only 1 mile from downtown Newport, it’s a rare opportunity to own a fully updated property in one of Aquidneck Island’s most desirable coastal neighborhoods.

Each townhouse-style unit features two spacious bedrooms and one full bath, with open-concept layouts and brand-new full kitchens showcasing modern cabinetry, countertops, appliances, and lighting. Every surface has been refreshed with refinished hardwood floors, updated electrical and LED fixtures, and energy-efficient mini-split systems for year-round comfort.

The improvements extend to the exterior with a new front façade, new interior and exterior doors, new walkways, new entry lighting, and fresh landscaping that enhance the home’s curb appeal. Each unit also includes private patios, in-unit laundry, and full dry basements offering ample storage space.

Set on a generous corner lot, the property provides off-street parking for up to five vehicles and a spacious backyard perfect for entertaining or relaxing outdoors. Move-in ready and minutes from beaches, shops, restaurants, and downtown Newport, this turnkey duplex delivers it all—modern living, prime location, and excellent investment potential

Location

1 Shangri-La Lane, Middletown, Rhode Island 02842

1 Shangri-La Lane, Middletown, Rhode Island 02842