$950,000
SOLD APR 25, 2025

1 King St Newport, RI 02840

Historic Hill Neighborhood
4 Beds
2 Baths
2,134 Sq Ft
1,450 Sq Ft Lot

Recently Sold

$445 Per Sq Ft

16% Below List Price

77 Days on Market

Highlights

  • Marina
  • Corner Lot
  • Walking Distance to Water
  • Wood Flooring
  • Tennis Courts
  • 3-minute walk to Aquidneck Park

About This Home

As of April 2025

Historic charm meets investment potential in the heart of Newport! Rare opportunity to own a multi-family property just steps from Bellevue Avenue and a short stroll to downtown and the harbor. The recently remodeled first floor unit offers one bedroom, plus an upgraded kitchen and bathroom, including soapstone countertops, in-unit washer/dryer, and dual Liebherr refrigerators. Unit two spans the second and third floors of the home, offering a three-bedroom, one bathroom unit with potential for reconfiguration and redesign. The charming terrace with espaliers and privacy fencing provides a quiet area for reflection and relaxation. Conveniently located by the Bellevue Gardens shopping center, where you'll find a fitness studio, organic grocery store, wine shop, specialty cheese market, sushi restaurant, and more! Tennis courts, playground, and public library at the end of the street. A centrally located property, perfect for investment purposes, or multigenerational living. Two addresses: 1 King Street, and 65 Williams Street.

Last Agent to Sell the Property

Lahna Son-Cundy

Mott & Chace Sotheby's Intl. License #RES.0047029 Listed on: 12/30/2024

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Dave Hackett

Mott & Chace Sotheby's Intl. License #RES.0042066

Mott & Chace Sotheby's Intl.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,622

Year Built

  • Built in 1900

Lot Details

  • 1,450 Sq Ft Lot
  • Fenced
  • Corner Lot

Parking

  • No Garage

Home Design

  • Clapboard
  • Plaster

Interior Spaces

  • 2,134 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Walking Distance to Water

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 1KINGSTNEWP

Community Details

Overview

  • 2 Units
  • Bellevue Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,622

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0333
  • Inclusions: Owners have used property within the family; no rental history available.
  • Subdivision Name: Bellevue
  • Above Grade Finished Sq Ft: 2134.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Skylights, Stall Shower, Tub Shower
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Other

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1450.0
  • Parcel #: 1KINGSTNEWP
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6622.0
  • Tax Lot: 101
  • Tax Map Number: 28
  • Tax Year: 2024

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Sold $950,000 -11.6% $445 / Sq Ft
03/17/2025 03/17/25 Pending -- -- --
02/19/2025 02/19/25 Price Changed $1,075,000 -4.4% $504 / Sq Ft
12/30/2024 12/30/24 For Sale $1,125,000 -- $527 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2025

    Lahna Son-Cundy

    Mott & Chace Sotheby's Intl.

    (401) 662-2833

    1 in this area

    27 Total Sales

    Lahna Son-Cundy
    Section Image
  • Dave Hackett

    Buyer's Agent in 2025

    Dave Hackett

    Mott & Chace Sotheby's Intl.

    (401) 500-0057

    2 in this area

    79 Total Sales

    Dave Hackett
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1375236

State-Wide MLS
Rhode Island Newport County Newport 02840 Historic Hill

1 King St, Newport, RI

This home is located at 1 King St, Newport, RI 02840 and is currently priced at $950,000, approximately $445 per square foot. This property was built in 1900. 1 King St is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

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