18

Newport, RI Multifamily Homes & Duplexes for Sale

Section Image
  • /48

    $750,000 Open Sat 1PM - 3PM

    • 5 Beds
    • 2 Baths
    • 2,150 Sq Ft

    26 Atlantic St, Newport, RI 02840

    Affordable multi family in the Newport's Fifth Ward neighborhood. Perfect fit for a first time owner occupant or investors alike. Property is in move in condition but ready for your improvements. Both are two bedrooms units, with a basement and back yard. Parking is on street. Don't miss out on this opportunity in this coveted neighborhood!

    Joe Fitzpatrick RE/MAX Results

    26 Atlantic St, Newport, RI 02840
  • /43

    $2,195,000

    • 5 Beds
    • 6.5 Baths
    • 3,595 Sq Ft

    12 Poplar St, Newport, RI 02840

    Welcome to Poplar Point, a beautifully renovated residence offering turnkey, modern living on an oversized lot in Newport's coveted Point neighborhood. This bright and airy home features high ceilings, gleaming hardwood floors, and an abundance of natural light throughout. The open-concept kitchen is appointed with top-of-the-line appliances, marble countertops, and a spacious walk-in pantry. The

    Lauren Mailloux Our Real Estate

    12 Poplar St, Newport, RI 02840
  • /2

    $625,000

    • 4 Beds
    • 4 Baths
    • 2,392 Sq Ft

    19 Princeton St Unit 21, Newport, RI 02840

    Nestled on a peaceful dead-end street, this duplex offers exceptional convenience just minutes from downtown, local beaches, and the Newport Bridge. With off-street parking, a brand-new furnace, and a recently installed roof. Home offers strong potential but does need work,is being sold as-is and subject to probate approval. Whether you're an investor looking for your next project or a buyer

    Michelle Blake RE/MAX Profnl. Newport, Inc.

    19 Princeton St Unit 21, Newport, RI 02840
  • /37

    $1,450,000

    • 8 Beds
    • 3 Baths
    • 3,358 Sq Ft

    5 Elliot Place, Newport, RI 02840

    Excellent investment opportunity in Newport's sought-after Upper Broadway neighborhood. This well-maintained Victorian three-family offers over 3,300 sq. ft. of living space and blends historic character with smart updates, including a newer roof, siding, windows, and utilities. Each unit features high ceilings, great natural light, and strong rental potential. Flexible options to occupy one unit

    Alex Nunes Serhant Rhode Island

    5 Elliot Place, Newport, RI 02840
  • /50

    $1,950,000

    • 5 Beds
    • 3.5 Baths
    • 2,930 Sq Ft

    604 Thames & 4 Dixon St, Newport, RI 02840

    Discover a rare offering in one of Newport's most desirable downtown locations. This thoughtfully updated multi-family property includes three distinct spaces across connected addresses: 602 Thames Street, 604 Thames Street, and 4 Dixon Street - combining residential versatility with commercial potential in the LB zone. The street-level storefront at 602 Thames offers excellent visibility and

    Jessica Chase Gustave White Sotheby's Realty

    604 Thames & 4 Dixon St, Newport, RI 02840
  • /50

    $1,345,000

    • 6 Beds
    • 4 Baths
    • 2,875 Sq Ft

    21 Slocum St, Newport, RI 02840

    Classic Newport two-family just off Bellevue Avenue and moments to downtown, Cliff Walk, and beaches. This versatile property offers an ideal live/rent or pure investment opportunity with off-street parking and a detached two-car garage. Unit 1 is a spacious 4-bedroom, 2-bath rental with a scheduled rent increase effective January 1, 2026 bring instant income stability to your portfolio. The

    Chad Kritzas HomeSmart Professionals

    21 Slocum St, Newport, RI 02840
  • /48

    $2,795,000

    • 6 Beds
    • 6 Baths
    • 3,902 Sq Ft

    112 Harrison Ave, Newport, RI 02840

    Welcome to an exceptional opportunity on Harrison Avenue, in Newport's highly coveted Beacon Hill neighborhood set just a short distance from both the New York Yacht Club and Ida Lewis Yacht Club, with King Park and the harbor front just beyond. Showcasing quintessential New England design, this shingle-style residence has recently undergone substantial upgrades in 2025, including new exterior

    Tammy Bass Serhant Rhode Island

    112 Harrison Ave, Newport, RI 02840
  • /50

    $1,299,999

    • 3 Beds
    • 3 Baths
    • 2,079 Sq Ft

    7 Sheffield Ave, Newport, RI 02840

    Thoughtfully renovated two-unit multi-family home with an oversized yard, perfect for various living arrangements or investment opportunities. This property has excellent curb appeal and offers a modern living with air conditioning, stunning sawn-face white oak and hickory floors throughout and in-unit laundry facilities as well as newly added off-street parking.The upper unit is a

    Karin Jackson Lila Delman Compass

    7 Sheffield Ave, Newport, RI 02840
  • /43

    $1,100,000

    • 4 Beds
    • 2 Baths
    • 2,680 Sq Ft

    1 Arnold Ave, Newport, RI 02840

    Don't miss this multi-family gem! Classic Newport elegance is to be found in this large, two family home. The home is replete with lovingly retained period touches, including beautiful wood molding and solid wood doors, claw-foot bathtubs, and built-in cabinetry. Both units have balconies where one can enjoy morning coffee or an evening glass of wine. The ground floor unit has a large living room

    Stephen Larson RE/MAX Profnl. Newport, Inc.

    1 Arnold Ave, Newport, RI 02840
  • /47

    $1,195,000

    • 5 Beds
    • 3 Baths
    • 1,941 Sq Ft

    23 Willow St, Newport, RI 02840

    Experience the allure of Newport's historical charm at 23 Willow Street, where a storied 19th-century sea captain's home awaits. Rhode Island Monthly Magazine voted Willow Street as one of the best streets to live on in the entire state. This majestic property in The Point neighborhood offers a rare opportunity to own a piece of Rhode Island's rich maritime heritage. Unit 1 consists of 1 bedroom

    William Parker Sizeland Lila Delman Compass

    23 Willow St, Newport, RI 02840
  • /34

    $1,955,000

    • 8 Beds
    • 3 Baths
    • 3,550 Sq Ft

    34 Bull St, Newport, RI 02840

    Perfect location walking distance to town, shops and beach. Updated features, ready to move in or invest this charming Victorian has a great rental history.

    Sondra Banford Coldwell Banker Realty

    34 Bull St, Newport, RI 02840
  • /43

    $2,195,000

    • 9 Beds
    • 3.5 Baths
    • 3,600 Sq Ft

    42 Mann Ave, Newport, RI 02840

    Walking distance to town, this updated home is in the perfect location. A quiet neighborhood just blocks from the Viking Hotel allows for easy access to town, shops, restaurants and beaches. Each unit has a charming personality, with features such as hard wood flooring, white kitchen cabinetry, quartz counters, decks, a large laundry room and there is even an outdoor shower. The long driveway

    Sondra Banford Coldwell Banker Realty

    42 Mann Ave, Newport, RI 02840
  • /49

    $1,800,000

    • 7 Beds
    • 4.5 Baths
    • 5,312 Sq Ft

    1 Pell St, Newport, RI 02840

    Tucked off Kay St, this side by side two family home is a perfect fit for rental income, multi-generational living or guest accommodations. Each unit spans 3 levels, includes it's own private patio and features hardwood floors throughout.The exterior has been freshly painted and welcomes you with a charming front porch and one parking spot for each unit. Left Side Residence (4 Bedrooms, 2

    Teri Degnan Teri Degnan RE & Consulting

    1 Pell St, Newport, RI 02840
  • /24

    $2,190,000

    • 10 Beds
    • 7 Baths
    • 5,094 Sq Ft

    24 Old Beach Rd, Newport, RI 02840

    Best location. This grand 22-room Victorian may be your Newport dream home! A legal 3-family used as a 2-family with a generous layout spanning over 5,000 square feet, this property would work as a gracious single-family home, ideal intergenerational family compound, or flexible multi-family. Just off Bellevue Avenue, between Newport Harbor and the Atlantic Ocean at Easton's Beach, the Big Pond,

    Daniel Cordeiro Gustave White Sotheby's Realty

    24 Old Beach Rd, Newport, RI 02840
  • /32

    $2,499,000

    • 6 Beds
    • 4.5 Baths
    • 4,688 Sq Ft

    33 Kay St, Newport, RI 02840

    Owned by the same family for nearly 100 years, this stately Victorian offers a wide range of development possibilities including continued use as a rental property, conversion to condominiums or restoration back to a magnificent single-family estate. The half-acre grounds front on both Kay St and Bowler Ln, offering rare space in this historic district perfect for adding a pool, pool house, or

    Leslie Hogan Hogan Associates Christie's

    33 Kay St, Newport, RI 02840
  • /50

    $1,400,000

    • 5 Beds
    • 3 Baths
    • 2,313 Sq Ft

    74 Third St, Newport, RI 02840

    Create your coastal dream home in one of Newport's most charming neighborhoods. Located in Historic Point, the property includes a 2-unit main residence, easily convertible into a single-family home, as well as a bonus converted-barn outbuilding to customize and adapt into guest quarters, a creative studio, a home office, or whatever your heart desires. The main house's first level is a 1-bedroom

    Marisa Ferris Residential Properties Ltd.

    74 Third St, Newport, RI 02840
  • /47

    $2,200,000

    • 9 Beds
    • 5 Baths
    • 6,330 Sq Ft

    130 Spring St Unit 132, Newport, RI 02840

    130-132 Spring St is a classic historic Newport building in the heart of downtown with two 1st floor retail spaces combined and 4 residential apartments upstairs. The building is fully occupied and has 5 parking space. Use is versatile since it is located in a general business zone. Kitchens and baths have been updated, the building exterior was just painted in August 2024. Two of the units are

    Teri Degnan Teri Degnan RE & Consulting

    130 Spring St Unit 132, Newport, RI 02840
  • /21

    $920,000

    • 4 Beds
    • 2 Baths
    • 2,655 Sq Ft

    1 Shangri-La Ln, Middletown, RI 02842

    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

    Natalie Hurney Residential Properties Ltd.

    1 Shangri-La Ln, Middletown, RI 02842

Why Live in Newport

Since it was settled in 1639 at the southern point of Aquidneck Island, Newport has grown from a coastal commercial hub into a leisure- and tourism-focused city with over 25,000 residents. Today, it’s best known for its palatial Gilded Age mansions ...

Home Trends in Newport, RI

Housing Trends

Median Sale Price
$1,045,000
Median Single Family Sale Price
$1,400,000
Median Townhouse Sale Price
$2,200,000
Median 2 Bedroom Sale Price
$850,000
Median 1 Bedroom Sale Price
$541,000
Average Price Per Sq Ft
$779
Number of Homes for Sale
52
Last 12 months Home Sales
236
Months of Supply
2.60
Median List Price
$1,275,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
19%
How to Buy a Home How to Finance a Home How to Sell a Home