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 fa ade, 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
- RI
- Middletown
- 02842
- 1 Shangri La Lane 3
- MLS# 1399313
- Date Listed11/06/2025
- Days on Realty 4 Days
- Bedrooms 4
- Bathrooms 2 Full baths
- Lot Size 0.15 acres (6,534 sq. ft)
- Sewer Public Sewer
- Subdivision Fenner Ave
- Property Type Multi Family
- County Newport
- Year Built 1944
- Water Public
- Square Feet 2,655 sq. ft
- Price Per Sq. Ft $357.82
Interior Features
- Appliances Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator
- Flooring Hardwood, Vinyl
- Cooling Ductless
- Heating Natural Gas, Baseboard, Ductless, Electric
Exterior / Lot Features
- Roof -
- Lot Size Acres 0.15
- Lot Size SQFT 6,534.00
- Lot Features -
Financial Considerations
Nearby Schools
Source: School Digger
Claiborne Pell Elementary School
Public • PK - 4 • Serves this home
0.6 mi
Distance
Frank E. Thompson Middle School
Public • 5 - 8 • Serves this home
1.66 mi
Distance
Public • 9 - 12 • Serves this home
1.73 mi
Distance
Claiborne Pell Elementary School
Public • PK - 4 • Serves this home
0.6 mi
Distance
Public • PK - 3
1.36 mi
Distance
Public • PK - PK
1.65 mi
Distance
Public • PK - 4
6.2 mi
Distance
Frank E. Thompson Middle School
Public • 5 - 8 • Serves this home
1.66 mi
Distance
Public • 6 - 8
2.1 mi
Distance
Public • 4 - 5
2.1 mi
Distance
Public • 5 - 8
5.8 mi
Distance
Public • 5 - 8
6.2 mi
Distance
Public • 9 - 12 • Serves this home
1.73 mi
Distance
Newport Area Career And Technical Center
Public • 9 - 12
3.77 mi
Distance
Public • 9 - 12
3.77 mi
Distance
Private • 09 - 12
2.48 mi
Distance
Sales & Tax History
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
|---|---|---|---|---|---|---|
| 1 OCEAN HEIGHTS Road | Listing | 5 | 6 | Oct 28, 2025 | $3,150,000 | Mar 21, 2024 | $4,311,559 |
| 5 Aquidneck Court | 3 | 3 | Oct 28, 2025 | $3,200,000 | Nov 10, 2025 | - |
| 28 Maple Avenue | Listing | 3 | 4 | Oct 28, 2025 | $1,600,000 | Mar 21, 2024 | $2,208,534 |
| 203 Coggeshall Avenue | 3 | 4 | Oct 28, 2025 | $3,000,000 | Nov 10, 2025 | - |
| 320 HARRISON Avenue | Listing | 5 | 9 | Sep 23, 2025 | $13,250,000 | Dec 28, 2020 | $2,143,000 |
| 807 Union Street | 3 | 2 | Oct 28, 2025 | $675,000 | Nov 10, 2025 | - |
| 7 Beach Street | Listing | 4 | 4 | Oct 28, 2025 | $4,465,000 | Feb 23, 2024 | $1,034,149 |
| 171 Beacon Avenue | Listing | 3 | 2 | Oct 28, 2025 | $795,000 | Mar 21, 2024 | $760,780 |
| 246 Gibbs Avenue | Listing | 4 | 4 | Oct 28, 2025 | $1,800,000 | Mar 21, 2024 | $1,299,095 |
| 68 Kay Street | Listing | 6 | 5 | Sep 30, 2025 | $1,900,000 | Mar 21, 2024 | $1,696,425 |
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 16,315 | 16,326 | 85,887 | 335,858,263 |
| Population Density | 1,298 | 1,284 | 839 | 95 |
| People per Household | 2.3 | 2.3 | 2.3 | 2.6 |
| Median Age | 45.1 | 45.1 | 45.5 | 39.1 |
| Median Income | $77,223 | $77,253 | $84,536 | $66,222 |
| Average Income | $42,117 | $42,094 | $49,569 | $35,475 |
| Cost of Living Index | 99 | 99 | 99 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 22.6°F | 22.6°F | 22.6°F | 22.6°F |
| July Avg. High Temp | 77.6°F | 77.6°F | 77.6°F | 86.2°F |
| Annual Precipitation | 46" | 46" | 46" | 38" |
62/100
Somewhat Walkable
Walk Score ®
33/100
Some Transit
Transit Score ®
49/100
Bikable
Bike Score ®
Overview
Some errands can be accomplished on foot. A few nearby public transportation options. Minimal bike infrastructure.Transit Summary
3 nearby routes: 3 bus, 0 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 27/100, Transit Score: 6/100, Bike Score: 35/100.
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Frequently Asked Questions for 1 Shangri La Lane 3
Source: Realty.com
1 Shangri La Lane 3, Middletown, RI 02842 is a Multi Family, Residential Income property listed for $950,000 The property is 2655 sq. ft with 4 bedrooms and 2 bathrooms
Realty.com has 21 photos of 1 Shangri La Lane 3.
Our records indicate that 1 Shangri La Lane 3 was built in 1944.
The full address for this home is 1 Shangri La Lane 3, Middletown, RI 02842.
1 Shangri La Lane 3 has been listed on Realty.com since Thu November 06, 2025
Some errands can be accomplished on foot. A few nearby public transportation options. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 27/100, Transit Score: 6/100, Bike Score: 35/100.
There are 3 schools assigned to this home. Check out the schools near 1 Shangri La Lane 3. Claiborne Pell Elementary School (Grades: PK - 4), Frank E. Thompson Middle School (Grades: 5 - 8), Middletown High School (Grades: 9 - 12)
Listing provided courtesy of:
Residential Properties Ltd.
(tel: 401-619-5622)
Listing agent:
Natalie Hurney
(tel: 401-640-1936)
(#49622)
This content last refreshed on 2025-11-10 18:21:13. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 1 Shangri La Lane 3, Middletown, RI 02842 : MLS# 1399313