$1,100,000

73 Old Fort Rd Unit 75 Newport, RI 02840

Fifth Ward Neighborhood

Estimated payment $6,165/month

Total Views 454
4 Beds
2 Baths
1,865 Sq Ft
$590 Price per Sq Ft

Highlights

  • Hot Property
  • Golf Course Community
  • Attic
  • Marina
  • Wood Flooring
  • Tennis Courts

About This Home

Located in Newport's highly sought-after 5th Ward, this well-maintained side-by-side duplex offers exceptional convenience and desirable rental or owner-occupant potential. Just a short walk to the heart of downtown, public parks, and nearby beach access, this property delivers the best of coastal living. Each spacious townhouse-style unit features 2 bedrooms and 1 full bath, a "flex room" for potential office space or other use, and an open concept living, dining and kitchen area. The home boasts a newer roof, updated front and rear decks, and generous natural light. Sitting on a large lot, the property includes a substantial backyard, a rare find in this neighborhood, along with 1 detached garage, providing ample outdoor storage. Whether you're looking to expand your investment portfolio or enjoy living in one unit while renting the other, this duplex combines modern comfort with unbeatable walkability in one of Newport's most popular districts. A strong opportunity in a prime coastal location. This home is being sold "As Is"

Listing Agent

Natalie Hurney

Residential Properties Ltd. License #RES.0048599 Listed on: 12/10/2025

Residential Properties Ltd.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,550

Year Built

  • Built in 1918

Parking

  • 1 Car Detached Garage

Home Design

  • Combination Foundation
  • Shingle Siding
  • Plaster

Interior Spaces

  • 1,865 Sq Ft Home
  • 2-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Utility Room
  • Dishwasher
  • Attic

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

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

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Gas
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • 200+ Amp Service
  • Gas Water Heater

Additional Features

  • Walking Distance to Water
  • 5,706 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 131
  • Assessor Parcel Number 7375OLDFORTRDNEWP

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Ruggles Ave Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,550

Year Built

Built in 1918

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.131
  • Inclusions: This sale excludes the personal property of the current tenants, including all furniture, cookware/kitchen items, bathroom items, etc. The sale excludes the refrigerator from #73. The sale includes all other appliances.
  • Subdivision Name: Ruggles Ave
  • Above Grade Finished Sq Ft: 1865.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1918
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Insert
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Carpet
  • Interior Amenities: Attic, Interior Steps, Storage, Tub Shower
  • Dining Room Type: Bedroom, Laundry, Utility Room
  • Stories: 2

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding
  • Foundation Details: Combination

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Forced Air, Gas, Other, Zoned, Pellet Stove
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5706.0
  • Parcel #: 7375OLDFORTRDNEWP
  • Zoning: R10

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4550.0
  • Tax Lot: 131
  • Tax Year: 2025

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $6,544 $911,400 $443,200 $468,200
2024 $6,352 $911,400 $443,200 $468,200
2023 $5,836 $588,300 $289,700 $298,600
2022 $5,654 $588,300 $289,700 $298,600
2021 $5,489 $588,300 $289,700 $298,600
2020 $4,499 $437,600 $230,000 $207,600
2019 $4,499 $437,600 $230,000 $207,600
2018 $4,372 $437,600 $230,000 $207,600
2017 $3,881 $346,200 $164,600 $181,600
2016 $3,784 $346,200 $164,600 $181,600
2015 $3,694 $346,200 $164,600 $181,600
2014 $3,649 $302,600 $139,900 $162,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2025 12/10/25 For Sale $1,100,000 -- $590 / Sq Ft
Source: State-Wide MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $293,275 No Value Available
Previous Owner $296,257 No Value Available
Previous Owner $270,000 No Value Available
Source: Public Records

Source: State-Wide MLS

MLS Number: 1400679

State-Wide MLS

APN: NEWP-000041-000000-000131