$1,275,000

440 Broadway Newport, RI 02840

Estimated payment $7,334/month

2 Beds
1.5 Baths
2,164 Sq Ft
$589 Price per Sq Ft

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

Stefanie Carr

Compass Brokerage Phone: 608-628-9283 License #RES.0045282 Listed on: 06/18/2026

Compass

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,530

Year Built

Built in 1935

Lot Details

5,009 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.115
  • Subdivision Name: Broadway
  • Above Grade Finished Sq Ft: 2164.0
  • Architectural Style: Stacked
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1935
  • Attribution Contact: 608-628-9283
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Oil Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Attic, Interior Steps, Permanent Attic Stairs, Storage
  • Stories: 2

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Clapboard

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Radiant
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5009.0
  • Parcel #: 440BROADWAYNEWP
  • Zoning: R10

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5530.0
  • Tax Lot: 438
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: State-Wide MLS

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 --
Source: Public Records

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: Public Records

Source: State-Wide MLS

MLS Number: 1415571

State-Wide MLS

APN: NEWP-000007-000000-000438

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