Nestled in one of Middletown’s most picturesque areas, this single-story bungalow offers a rare combination of privacy and location. Set on a secluded lot surrounded by mature trees, the home provides a serene retreat while still being just a short walk to Pebble Beach on Indian Avenue. A legal 2 family, this property has endless potential as a year-round residence, vacation home, or investment opportunity. Its peaceful setting and proximity to the coastline make it a unique chance to create your dream home in one of Aquidneck Island’s most desirable neighborhoods.
Sold for $867,500
$867,500
40 Indian Ter, Middletown, RI 02842
4beds
2,032sqft
Multi Family
Built in 1957
-- sqft lot
$876,700 Zestimate®
$427/sqft
$3,622 Estimated rent
Home value
$876,700
$719,000 - $1.08M
$3,622/mo
Zestimate® history
Loading...
Owner options
List your home for rent
$3,622/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
Learn more$3,622/mo
Rent Zestimate®
Refinance and save
$4,210/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
See today's rates$4,210/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: November 07, 2025 at 02:31pm
Listed by:
Jennifer Pierik 401-743-3682,
Jamestown Real Estate LLC
Bought with:
Jennifer Pierik, REB.0016763
Jamestown Real Estate LLC
Source: StateWide MLS RI,MLS#: 1396167
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Shower Stall, Bath w Tub & Shower
Heating
- Oil, Forced Water
Cooling
- None
Appliances
- Included: Electric Water Heater, Dishwasher, Dryer, Exhaust Fan, Range Hood, Microwave, Oven/Range, Refrigerator, Washer
- Laundry: In Unit
Features
- Wall (Cermaic), Wall (Dry Wall), Skylight, Plumbing (Other), Insulation (Walls)
- Flooring: Ceramic Tile, Hardwood
- Windows: Skylight(s)
- Basement: Crawl Space,Bulkhead
- Attic: Attic Storage
- Number of fireplaces: 3
- Fireplace features: Brick, Wood Insert
Interior area
- Total structure area: 2,032
- Total interior livable area: 2,032 sqft
Property
Parking
- Total spaces: 6
- Parking features: No Garage
Features
- Stories: 1
- Patio & porch: Patio
- Fencing: Fenced
- Waterfront features: Walk to Salt Water
Lot
- Size: 0.51 Acres
Details
- Parcel number: MIDDM0129B00L40
- Zoning: R40
- Special conditions: Conventional/Market Value
- Other equipment: Wood Stove
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Ceramic, Dry Wall, Shingles
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1957
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Community
- Community features: Golf, Public School, Near Swimming
Location
- Region: Middletown
- Subdivision: Pebble Beach
HOA & financial
Other financial information
- Total actual rent: 1300
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Sold | $867,500-1.1%$427/sqft |
Source:  StateWide MLS RI #1396167 Report a problem | ||
| 10/21/2025 | Pending sale | $877,500$432/sqft |
Source: StateWide MLS RI #1393497 Report a problem | ||
| 9/30/2025 | Contingent | $877,500$432/sqft |
Source: StateWide MLS RI #1393497 Report a problem | ||
| 9/15/2025 | Listed for sale | $877,500+550%$432/sqft |
Source: StateWide MLS RI #1393497 Report a problem | ||
| 2/26/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,687 | $771,500 |
| 2024 | $8,687 +45.5% | $771,500 +55.3% |
| 2023 | $5,972 | $496,800 |
Find assessor info on the county website
Neighborhood: 02842
Nearby schools
GreatSchools rating
- 8/10Joseph Gaudet AcademyGrades: 4-5Distance: 2.2 mi
- 6/10Joseph H. Gaudet SchoolGrades: 6-8Distance: 2.2 mi
- 6/10Middletown High SchoolGrades: 9-12Distance: 2.5 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$876,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$876,700
- Rhode Island
- Newport County
- Middletown
- 02842
- 40 Indian Ter