$1,774,500
SOLD OCT 6, 2023 RENTED FEB 18, 2025
6 Beds
6 Baths
3,432 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$517 Per Sq Ft

11% Below List Price

132 Days on Market

Highlights

  • Beach Access
  • Attic
  • Tennis Courts
  • Wood Flooring
  • 2 Fireplaces
  • Window Unit Cooling System

About This Home

As of October 2023

Presenting 7-9 Clay Street, a stunning two-family home nestled between the magnificent mansions of Bellevue Avenue in Historic Newport, Rhode Island. Built in 1987, this stately residence boasts an unbeatable location within walking distance to downtown, Cliff Walk, Salve Regina, and First Beach. Each unit offers three levels of spacious living. With 3 bedrooms, 2 full bathrooms, and a half bathroom, there is ample room for comfortable, open-space living. The kitchens and bathrooms have been recently updated, showcasing modern finishes and amenities. The property provides an array of desirable features, including parking for 6-8 cars, private backyard space for each side of the home, in-unit laundry, and a fresh exterior paint job. These additional perks add convenience and enhance the overall appeal of this classically inspired New England home. Whether you are an owner-occupant, investor, or second-home buyer, this property presents an ideal opportunity. With its potential for a luxury condo conversion, it opens doors to endless possibilities. Don't miss out on the chance to own this turnkey two-family in one of Rhode Island's most sought-after locations.

Last Agent to Sell the Property

Joe Fitzpatrick

RE/MAX Results Listed on: 05/19/2023

RE/MAX Results

Last Buyer's Agent

Stacie Mills

Vanderbilt International Prop. License #REB.0016561

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,712

Year Built

  • Built in 1987

Lot Details

  • 10,019 Sq Ft Lot

Home Design

  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 3,432 Sq Ft Home
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 8 Parking Spaces
  • No Garage

Outdoor Features

  • Beach Access
  • Walking Distance to Water

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 230
  • Assessor Parcel Number 79CLAYSTNEWP

Community Details

Overview

  • 2 Units
  • Bellevue Subdivision

Amenities

  • Shops

Recreation

  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,712

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Inclusions: Leases in place for Sept 2023-May 2024 academic term.
  • Subdivision Name: Bellevue
  • Above Grade Finished Sq Ft: 3432.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1987
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Drywall, Clapboard
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Forced Air, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10019.0
  • Parcel #: 79CLAYSTNEWP
  • Zoning: R60
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 9712.0
  • Tax Lot: 230
  • Tax Year: 2023

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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
02/18/2025 02/18/25 Rented $18,000 0.0% --
11/25/2024 11/25/24 For Rent $18,000 0.0% --
10/06/2023 10/06/23 Sold $1,774,500 -1.4% $517 / Sq Ft
08/21/2023 08/21/23 Price Changed $1,799,000 -7.7% $524 / Sq Ft
07/22/2023 07/22/23 Price Changed $1,950,000 -2.5% $568 / Sq Ft
05/26/2023 05/26/23 For Sale $1,999,000 -- $582 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1335903

State-Wide MLS