$1,675,000

Estimated payment $9,758/month

Total Views 6,836
8 Beds
3 Baths
4,234 Sq Ft
$396 Price per Sq Ft

Highlights

  • Deck
  • Balcony
  • Storm Windows
  • Wood Flooring
  • Skylights
  • 2-minute walk to Aquidneck Park

About This Home

Rare opportunity to own a well-maintained, income-producing property in a Prime Newport location. The property offers a strong year-round cash flow with a zero-vacancy history. The property has been professionally managed and maintained. Looking to the future, there is potential for an increase in both summer and winter rental income, along with the possible creation of a separate third unit/owners suite on the top floor. This spacious downtown two-family includes a single-level, three-bedroom first-floor unit. The second unit spans the second and third floors and features five bedrooms, two full bathrooms, and a deck. Additional highlights include separate utilities, newer gas heat, and a three-year-old roof. Enjoy an easy walk to restaurants, shops, the waterfront, and downtown Newport attractions.

Listing Agent

Teresa Tiernan

Compass Brokerage Phone: 401-835-0395 License #RES.0028018 Listed on: 05/23/2026

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,638

Year Built

  • Built in 1890

Lot Details

  • 1,742 Sq Ft Lot

Parking

  • No Garage

Home Design

  • Combination Foundation
  • Wood Siding
  • Plaster

Interior Spaces

  • 4,234 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Utility Room
  • Storm Windows

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Heating System
  • 200+ Amp Service
  • Gas Water Heater

Community Details

  • 2 Units
  • Downtown Subdivision

Listing and Financial Details

  • Tax Lot 205
  • Assessor Parcel Number 9ANNSTNEWP

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,638

Year Built

Built in 1890

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.04
  • Subdivision Name: Downtown
  • Above Grade Finished Sq Ft: 4234.0
  • Architectural Style: Stacked
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1890
  • Attribution Contact: 401-835-0395
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Interior Steps, Skylights, Stall Shower
  • Dining Room Type: Laundry, Utility Room
  • Stories: 3
  • Window Features: Skylight(s), Storm Window(s)

Exterior Features

  • Construction Type: Drywall, Plaster, Wood Siding
  • Exterior Features: Balcony, Deck
  • Foundation Details: Combination
  • Patio And Porch Features: Balcony, Deck

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1742.0
  • Parcel #: 9ANNSTNEWP
  • Zoning: R-10

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 8638.0
  • Tax Lot: 205
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
05/23/2026 05/23/26 For Sale $1,675,000 -- $396 / 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
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $615,000 --
Warranty Deed $615,000 --
Warranty Deed $615,000 --
Warranty Deed $540,000 --
Warranty Deed $540,000 --
Deed $310,000 --
Deed $310,000 --
Deed $440,000 --
Deed $440,000 --
Deed $285,000 --
Deed $285,000 --
Warranty Deed $130,000 --
Warranty Deed $130,000 --
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 $535,000 New Conventional
Source: Public Records

Source: State-Wide MLS

MLS Number: 1412990

State-Wide MLS

APN: NEWP-000027-000000-000205

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