$1,800,000
- 7 Beds
- 4.5 Baths
- 5,312 Sq Ft
1 Pell St, Newport, RI 02840
Teri Degnan Teri Degnan RE & Consulting
$1,800,000
1 Pell St, Newport, RI 02840
Teri Degnan Teri Degnan RE & Consulting
$1,275,000
98 John St, Newport, RI 02840
Tina Wiley Gustave White Sotheby's Realty
$1,400,000
5 Elliot Place, Newport, RI 02840
Alex Nunes Serhant New England
$1,350,000
32 Houston Ave, Newport, RI 02840
Tyler Bernadyn RE/MAX Results
$1,200,000
629 Thames St, Newport, RI 02840
Slocum Home Team eXp Realty
$1,400,000
74 Third St, Newport, RI 02840
Marisa Ferris Residential Properties Ltd.
$2,200,000
130 Spring St Unit 132, Newport, RI 02840
Teri Degnan Teri Degnan RE & Consulting
$1,595,000
19 Third St, Newport, RI 02840
Richard Grosvenor BHHS Commonwealth Real Estate
$1,195,000 Open Sun 12PM - 1:30PM
16 Dean Ave, Newport, RI 02840
Shiv Patel Edge Realty RI
$1,775,000
2 Perry St, Newport, RI 02840
Mike Sweeney Gustave White Sotheby's Realty
$2,350,000
12 Poplar St, Newport, RI 02840
Lauren Mailloux Our Real Estate
$995,000
15 Kilburn Ct, Newport, RI 02840
Shiv Patel Edge Realty RI
$2,099,000
13 Sherman St, Newport, RI 02840
Tammy Bass Serhant New England
$830,000
1 Shangri-La Ln, Middletown, RI 02842
Natalie Hurney Residential Properties Ltd.
Newport, RI, located on Aquidneck Island, is a coastal city with a rich history dating back to 1639. Known for its Gilded Age mansions and walkable waterfront shopping and dining district, Newport attracts residents and visitors alike with its historic architecture, food, beaches, museums, and big events. The city is renowned as the "sailing capital of the world," offering multiple boat access points on Narragansett Bay. Homes in Newport range from 17th-century Colonials to modern additions, including Cape Cods and Victorians, with some larger properties converted into condos. The Newport Mansions along Bellevue Avenue are a significant attraction, with some open for public tours. The 3.5-mile Cliff Walk trail provides scenic ocean views and passes by many historic properties. High-end shopping and dining are concentrated around Thames Street, Spring Street, and Broadway, with notable attractions like the Newport Art Museum, Audrain Auto Museum, and the International Tennis Hall of Fame nearby. Easton Beach, also known as First Beach, offers swimming and amenities, though seaweed can occasionally be an issue. Battery Park is a popular spot for sunset views. Newport hosts numerous events, including the St. Patrick's Day Parade, Folk Festival, and the renowned Newport Jazz Festival at Fort Adams State Park. The city is served by the Newport Public Schools system, with a new high school building set to open in 2025. Highly rated private schools include St. George's School and St. Michael's Country Day School. Salve Regina University and the U.S. Naval War College are also located here. Transportation options include bus service provided by RIPTA, bridges, and seasonal ferry service. Flooding can be a concern in certain areas during storm surges.
On average, homes in Newport, RI sell after 63 days on the market compared to the national average of 57 days. The median sale price for homes in Newport, RI over the last 12 months is $1,177,500, up 29% from the median home sale price over the previous 12 months.
In Newport, there are currently 14 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $830,000 to $2,350,000, there's a range to accomodate every budget. As of May, 2026 the median home price in Newport is $1,250,000, while the average sale price is $1,722,964, offering insights into the local housing market. On average, multi-family homes spend 63 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Newport, RI.