440 Broadway Newport, RI 02840
Estimated payment $7,334/month
Highlights
- Wood Flooring
- Corner Lot
- Storage
- Attic
- 2 Car Detached Garage
- Heating System Uses Oil
About This Home
Rare mixed-use investment opportunity in the heart of Newport's thriving Broadway district. Positioned on a highly visible corner lot, 440 Broadway offers a compelling combination of commercial and residential income potential in one of the city's most desirable and walkable neighborhoods. The property features a fully built-out professional office space on the first floor, currently occupied by a well established dental practice with three exam rooms, laboratory, private office, reception area, waiting room, bathroom, and storage. The dental business is not included in the sale of the real estate and will be sold separately. The second-floor residential unit consists of a bright and spacious two-bedroom, one-bath apartment with hardwood floors, high ceilings, abundant natural light, and a private deck. The residential component provides additional income potential and strong rental appeal in Newport's historically supply-constrained housing market. Additional features include a detached two-car garage, two additional off-street parking spaces, private yard, full basement, and walk-up attic offering valuable storage and operational flexibility. The corner-lot location provides excellent visibility, accessibility, and long-term investment appeal. Whether added to an existing portfolio or acquired as a strategic owner-user investment, 440 Broadway presents a unique opportunity to own a versatile mixed-use asset in one of Newport's most established commercial corridors.
Listing Agent
Compass Brokerage Phone: 608-628-9283 License #RES.0045282 Listed on: 06/18/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,530
Year Built
- Built in 1935
Lot Details
- 5,009 Sq Ft Lot
- Corner Lot
Parking
- 2 Car Detached Garage
Home Design
- Clapboard
Interior Spaces
- 2,164 Sq Ft Home
- 2-Story Property
- Storage
- Permanent Attic Stairs
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Utilities
- No Cooling
- Heating System Uses Oil
- Radiant Heating System
- 200+ Amp Service
- Oil Water Heater
Community Details
- 2 Buildings
- 2 Units
- Broadway Subdivision
Listing and Financial Details
- Tax Lot 438
- Assessor Parcel Number 440BROADWAYNEWP
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,530 | $770,200 | $218,800 | $551,400 |
| 2024 | -- | $770,200 | $218,800 | $551,400 |
| 2023 | $0 | $561,800 | $172,800 | $389,000 |
| 2022 | $0 | $561,800 | $172,800 | $389,000 |
| 2021 | $0 | $561,800 | $172,800 | $389,000 |
| 2020 | $0 | $484,200 | $154,700 | $329,500 |
| 2019 | $0 | $484,200 | $154,700 | $329,500 |
| 2018 | $0 | $484,200 | $154,700 | $329,500 |
| 2017 | $0 | $447,600 | $40,000 | $407,600 |
| 2016 | -- | $447,600 | $40,000 | $407,600 |
| 2015 | -- | $447,600 | $40,000 | $407,600 |
| 2014 | -- | $414,300 | $32,000 | $382,300 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/18/2026 06/18/26 | For Sale | $1,275,000 | -- | $589 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Deed | $530,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $328,450 | Commercial | |
| Previous Owner | $359,650 | Commercial | |
| Previous Owner | $64,350 | Commercial |
Source: State-Wide MLS
MLS Number: 1415571
APN: NEWP-000007-000000-000438
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