RENTED OCT 17, 2025

487 Spring St Unit 1 Newport, RI 02840

Fifth Ward Neighborhood
2 Beds
1 Bath
900 Sq Ft
2,178 Sq Ft Lot

Highlights

  • Golf Course Community
  • Furnished
  • Tennis Courts
  • Wood Flooring
  • No HOA
  • Walking Distance to Water

About This Home

As of October 2025

FURNISHED WINTER RENTAL, AVAILABLE 10/1/2025-05/31/2026| Charming first-floor apartment located in the heart of Newport's sought-after Yachting Village. Freshly painted and thoughtfully furnished, this home features efficient natural gas heat, central air conditioning, and the convenience of an in-unit washer and dryer. Step outside to your private back deck, perfect for relaxing while overlooking a shared yard adorned with vibrant blue hydrangeas. Just a short stroll to Newport's downtown shops, restaurants, and attractions, this location is ideal for enjoying all the city has to offer. Water and sewer are included in the rental rate. Please note: this property is available as a winter rental only and is not offered as a yearly or summer rental.

Last Agent to Rent the Property

Rebecca King

Gustave White Sotheby's Realty Brokerage Phone: 401-849-3000 License #RES.0035659 Listed on: 08/19/2025

Gustave White Sotheby's Realty

Last Renter's Agent

Rebecca King

Gustave White Sotheby's Realty Brokerage Phone: 401-849-3000 License #RES.0035659 Listed on: 08/19/2025

Gustave White Sotheby's Realty

Property Details

Home Type

  • Apartment

Lot Details

  • 2,178

Parking

  • No Garage

Home Design

  • Entry on the 1st floor
  • Clapboard

Interior Spaces

  • 900 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Interior Basement Entry

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Walking Distance to Water
  • 2,178 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Property Available on 10/1/25
  • Month-to-Month Lease Term
  • Assessor Parcel Number 487SPRINGST1NEWP

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Yachting Village Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Lot Details

0

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2025-10-01
  • Security Deposit: 1975.0

Listing Details

  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.05
  • Subdivision Name: Yachting Village
  • Above Grade Finished Sq Ft: 900.0
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • Building Stories: 3
  • Structure Type: Apartment
  • Attribution Contact: 401-849-3000
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Interior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower, Furnished
  • Living Area: 900.0
  • Stories: 3

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • HOA Rent Includes: Gardener, Laundry Facilities, Sewer, Trash Collection, Water
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 487SPRINGST1NEWP

Multi Family

  • Number Of Units In Community: 2

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
10/17/2025 10/17/25 Rented $1,975 0.0% --
10/17/2025 10/17/25 Under Contract -- -- --
08/19/2025 08/19/25 For Rent $1,975 +3.9% --
09/05/2024 09/05/24 Rented $1,900 0.0% --
02/21/2024 02/21/24 For Rent $1,900 0.0% --
07/11/2023 07/11/23 Rented $1,900 0.0% --
06/30/2023 06/30/23 Under Contract -- -- --
05/03/2023 05/03/23 For Rent $1,900 +2.7% --
05/26/2022 05/26/22 Rented $1,850 0.0% --
04/14/2022 04/14/22 For Rent $1,850 +8.8% --
08/19/2020 08/19/20 For Rent $1,700 0.0% --
08/19/2020 08/19/20 Rented $1,700 -- --
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Rebecca King

    Landlord's Agent in 2025

    Rebecca King

    Gustave White Sotheby's Realty

    (401) 808-9334

    7 in this area

    61 Total Sales

    Rebecca King
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1392987

State-Wide MLS
Rhode Island Newport County Newport 02840 Fifth Ward

487 Spring St Unit 1, Newport, RI

Not Listed for Sale

MultiFamily

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