Courtesy: CARTY REALTY
401-783-0044
Turnkey Investment Opportunity in a Prime Location! This meticulously maintained 2-family home is ideally situated near the Navy Base and just minutes from Broadway and Downtown Newport. The property features a beautifully renovated first-floor unit, currently tenant-occupied, offering immediate rental income or the potential for future owner occupancy. The updated second and third floors comprise a spacious townhouse-style unit with four bedrooms, a living room, and an eat-in kitchen, and is also currently rented. Additional highlights include two off-street parking spaces, a private rear patio, separate utilities, and newer heating systems. With strong rental appeal and excellent condition throughout, this property presents a rare turnkey investment opportunity. Don't miss your chance to own this exceptional multi-family home!
Courtesy: Flagship Real Estate Advisors
401-789-2255
Outstanding one level duplex with a spacious yard. Unit A is 2 bedrooms with 2 baths, unit B has two bedrooms one bath. Both sides feature a fireplace, hardwood floors and a large kitchen. Full divided basement. The current rents are $2,500 and $2,000 or $54,000 per year . Rents could be higher with some cosmetic changes. Nice large lot provides for future expansion possibilities. Ample of parking. This is an excellent property for owner occupied or yearround rental. It's close to the Naval Station, downtown Newport and water access.
Courtesy: SERHANT.
401-382-0600
Set in one of Newport's most vibrant downtown locations, this exceptional four-family residence places you just moments from the city's top dining, shopping, and waterfront attractions. This building was comprehensively reimagined in 2022, delivering modern design while honoring elements of its historic character. The property is offered fully furnished and presents a rare turnkey investment or lifestyle opportunity. Each unit is filled with natural light and thoughtfully finished, featuring elevated ceilings, refined bathrooms with custom tile work and rain-style showers, and contemporary kitchens outfitted with stainless steel appliances, quartz surfaces, soft-close shaker cabinetry, and beautiful tile details. Restored hardwood flooring runs throughout, adding warmth and continuity to the interiors. The property is well-equipped with individual utilities, gas-fired heating systems, newer hot water tanks, air conditioning, and in-unit laundry in all residences. Outdoor spaces include rear decks and assigned off-street parking for four vehicles. Additional amenities include private unit entrances and shared basement storage. With proven rental performance across all units, this property presents multiple strategies owner occupancy with supplemental income, full investment, or future condominium conversion potential.
Courtesy: Compass
401-274-1644
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.
Courtesy: Gustave White Sotheby's Realty
401-849-3000
Steeped in Newport history, this remarkable circa-1750 property is believed by local tradition to be the first duplex in America, a rare and significant example of Colonial-era multifamily architecture. Built by brothers Joseph and William Cozzens, a hat maker and a wig maker, it retains an extraordinary collection of original period details. One of the "Operation Clapboard" original restorations, it was purchased in 1965 by the current owners, who lovingly restored it as a demonstration project, and it has appeared in many books, magazines, and newspaper articles. Distinctive among Newport Colonials, this Gambrel features 12 fireplaces with deft tile surrounds, generously scaled rooms with high ceilings, and original staircases with ornate period detail. Both sides have formal living rooms, dining rooms, and a study with built-in bookcases, plus two bedrooms and a full bath. 59 Farewell also has a finished third floor with two bedrooms and a bath. Outside, a charming secret garden enclosed on two sides by a tall paneled fence offers a private retreat, while dedicated parking on either side serves both residences. Easy access to downtown Newport and its amenities is a bonus. This is an exceptional opportunity to own a truly historic national landmark. However not in the Historic District, thus allowing the new owners flexibility with renovations. This property is being sold AS IS, pre-inspection report available.
Courtesy: REMAX Revolution
401-921-5011
Multi-Unit Opportunity: The Point, Newport. A rare opportunity to acquire a fully restored 3 unit property in the coveted Point neighborhood. The property has undergone an extensive top-to-bottom renovation and modernization while preserving the character and charm. Each unit features 2 beds and 1 bath. Since 2023, the current owner has invested substantially in both building systems and finishes, including opened floorplans, updated electrical service, heating and cooling improvements, insulation, sound attenuation between units, roofing, plumbing upgrades, reclaimed hardwood flooring, in-unit laundry, and extensive exterior restoration. The property offers three thoughtfully designed residences: First-floor residence with direct access to the shared garden and patio. Second-floor residence with private entrance. Third-floor residence featuring dramatic ceilings and charm. Unfinished basement with storage and large assigned lockers for each unit. There is one off street parking space that will be sold separately. Outside, residents enjoy professionally designed shared grounds including dining, seating, and garden spaces. Whether purchased as a high-quality investment property, a multigenerational compound, or a future condominium conversion, 17 Willow presents a unique combination of historic character, modern infrastructure, and exceptional location within walking distance of Newport Harbor, downtown shops, restaurants, and waterfront amenities.
Courtesy: Keller Williams Coastal
401-845-9200
Ideally located in the heart of Newport's Kay/Broadway neighborhood, this two-family property offers the perfect blend of location, flexibility, and investment potential. Just off vibrant Broadway and within close walking distance to Thames Street, shops, restaurants and the Newport Harbor, the setting delivers the quintessential Newport lifestyle with unmatched convenience. The first-floor unit is in solid condition, making it ideal for an owner-occupant or immediate rental income. The second-floor unit presents a valuable opportunity for renovation making it perfect for adding equity and maximizing returns. Both units have hardwood flooring. Whether you're seeking a primary residence with supplemental income, a vacation retreat, or a strategic investment, this property offers exceptional upside in a prime, walkable location. Don't miss the opportunity to unlock the full potential of this Newport gem. Sold "AS IS".
Courtesy: Gustave White Sotheby's Realty
401-849-3000
Offered for the first time in 50 years, this remarkable 1.6-acre Ledge Road property features a three-bed primary residence and a separate two-bed rental cottage in all, a legal two-family lot with noteworthy flexibility in a tried-and-true upscale residential Newport neighborhood. Tucked into a private expanse of green grass and towering trees behind the iconic southernmost bend of Bellevue Avenue, Tree Haven enjoys endless possibility in a locale that will never lose its coveted status among Newport's premiere addresses. A stone's throw from Bailey's Beach and the southwest terminus of the Cliff Walk, the Atlantic Ocean beckons from across the street. This listing radiates privacy, sophistication and temperament, a once-in-a-lifetime opportunity.
Courtesy: Hogan Associates Christie's
401-845-9500
Exceptional North End two-family just minutes from downtown, Broadway, and the Newport Bridge. Enjoy walkability to neighborhood favorites like Simple Merchant and Broadway's restaurants and shops. This well-maintained property features two 2-bedroom apartments with significant updates including newer windows, roof, heating, plumbing, and electrical systems. Off-street parking, a detached two-car garage, patio area, and generous basement storage add to the appeal. Ideal for owner-occupants, investors, or those seeking flexible living arrangements with income potential. A rare opportunity to own in-town Newport real estate. Call today for a private showing.
Courtesy: REMAX Revolution
401-921-5011
Two-family gem with unlimited potential - this diamond in the rough is a rare find steps from the iconic Cliff Walk and minutes from shopping, dining and neighborhood amenities. Solid bones, new gas heating system in 2024 as well as new unit 2 appliances and flexible layout offer endless possibilities for owner-occupiers, investors, or someone ready to renovate and unlock significant value. Each unit features bright, airy rooms and classic architectural details waiting to be refreshed; imagine modern kitchens, spa-inspired baths, and thoughtful finishes that maximize rental income or create a luxurious two-family retreat. Off-street parking, a private yard, and proximity to waterfront complete the package. Bring your vision and tools - this property is poised for transformation into a standout coastal residence or high-return investment in one of the area's most desirable locations. Don't miss the chance to make this diamond shine. This property is being sold as-is.
Courtesy: Edge Realty RI
401-783-1007
Just off upper Broadway, this home features 3 units, two spacious 3-bedroom apartments and an updated 2-bedroom apartment, all featuring modern upgrades. Recent renovations include a roof, siding, windows, electrical, plumbing, and heating systems. 5 off-street parking spaces, EV charger, a 2-car garage, deck and garden area. Strong rental history, within close proximity to Broadway's restaurants and shops, the U.S. Naval War College, and convenient highway access. A great turnkey property for investors or owner-occupants.
Courtesy: SERHANT.
401-382-0600
Welcome to 13 Tilley Ave, Newport, RI, a rare opportunity for first-time homebuyers to own a renovated 2-family property while generating rental income to help offset your mortgage. This well-maintained property features two townhouse-style apartments, each with private entrances, separate utilities, separate driveways, and private basements, offering privacy and flexibility for both owners and tenants. Recent updates include modern kitchens and bathrooms, new 200 amp electrical with electric heating and cooling systems, and thoughtful renovations throughout, making this a true move-in-ready investment. Additional features include a 2-car garage, backyard, and ample off-street parking. Whether you're looking to live in one unit and rent the other, build long-term wealth through real estate, or explore future condo conversion potential, this property offers exceptional value and proximity.
Courtesy: William Raveis Inspire
401-846-3800
Located in one of Newport's most desirable and walkable neighborhoods, this well-maintained 8-bedroom, 3-bath property offers an outstanding opportunity for investors and owner-occupants alike. Just steps from Newport's vibrant downtown, renowned restaurants, waterfront attractions, and local amenities, the location is second to none. This spacious home features eight bedrooms, three full baths, and a flexible floor plan with strong income-producing potential. Meticulously cared for over the years, the property combines classic Newport charm with the convenience of being within walking distance of everything the city has to offer. Whether you're seeking a high-performing investment property, seasonal rental opportunity, multi-generational residence, or a combination of personal use and rental income, this versatile property presents endless possibilities in a highly sought-after market. Enjoy the best of coastal living in the heart of Newport where historic charm, beautiful waterfronts, world-class dining, and year-round attractions are right outside your door.
Courtesy: Lila Delman Compass
401-848-2101
Thoughtfully renovated two-unit multi-family home with an oversized yard, perfect for various living arrangements or investment opportunities. This property has excellent curb appeal and offers a modern living with air conditioning, stunning sawn-face white oak and hickory floors throughout and in-unit laundry facilities as well as newly added off-street parking. The upper unit is a two-bedroom, two-bathroom duplex featuring two spacious decks with breathtaking bridge views with a true primary oasis on the upper level. The first-floor unit features one bedroom, one bathroom, and a versatile office space with views of the back yard. Each unit boasts separate outdoor spaces, ensuring privacy and comfort. Enjoy the convenience of off-street parking for four vehicles, making urban living hassle-free. The home is equipped with efficient separate heat/ac as well as separate water meters for each unit. A large full basement provides ample storage space with easy exterior access. Situated close to the vibrant Newport scene and the Navy base, this property is a perfect fit for owner-occupants, multi-generational living setups, or investors seeking a valuable addition to their portfolio. Current leases in place until Dec 31,2026
Courtesy: Compass
401-364-3388
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.
Courtesy: RE/MAX Results
401-848-7827
Dream of living in The Point? 19 & 19 Third Street present an opportunity to own two Victorian cottages in one of Newport's most beloved and historic neighborhoods. Known as the Baxter and Gladding houses, these mid-19th century residences blend original architectural character with thoughtful modern updates, and a flexible living arrangement suited for multi-generational living, guest accommodations, investment potential, or a refined in-town compound. The two single-family homes are connected by a breezeway, and each cottage enjoys its own sense of privacy with separate front entry. Interiors feature hardwood floors, updated kitchens, custom window shutters, and period specific details that define this part of town. Modern improvements include 2x high-efficiency Navien heating systems, Mitsubishi mini-splits, updated utilities, and separate services for each residence. Two blocks from Newport Harbor, and a short walk to America's Cup Avenue, Thames Street, the Newport Shipyard, waterfront parks, and the city's best features, the location offers an exceptional walkable lifestyle immersed in the charm and maritime character that define the Historic Point. The Point has the largest collection of Colonial Homes in the world, and walking around this neighborhood is like taking a trip back in time. This is a legal multi-family property with a layout that easily accommodates a variety of uses. Truly a unique offering where prime location, flexibility, and coastal living converge.
Courtesy: REMAX Revolution
401-921-5011
Historic home in the Point Neighborhood, Newport, RI. Property has 3 bedrooms and four full baths with approximately 2,243 square feet. The lot size is 4,791 with a yard large and gardens. Being sold "as is" as part of an estate. House is ready to move in. The first floor has a side entry landing, large dining room, eat-in ktichen, handicapped accessible bath, and formal living room. The second floor has two bedrooms, both with ensuites. The primary has an oversized closet and laundry. The third floor, accessible by a staircase off the side entry can be made private. This floor is a legal apartment with living area, kitchen, small dining area, bath with tub/shower and large bedroom. A full, unfinished basement is accessible by both a bulk head and the interior. A large expansive yard, with mature plants is a gem in the Point. Currently set up with two off street parking spaces this could easiy be expanded. Two blocks from Washington Street, walk to water, walk to restaurants, walk to downtown, this location offers easy access on and off island with al the charms and benefits of the Point neighborhood.
Courtesy: RE/MAX Results
401-848-7827
Rare three-family home in Newport's Fifth Ward set on an oversized 8,500+ square foot lot, just six doors from King Park and Newport Harbor. A short walk brings you to Thames Street, downtown, and some of the area's best dining, shops, beaches, NYYC, Ida Lewis YC, and more. One of Newport's most walkable and desirable coastal neighborhoods. The property features an updated first-floor three-bedroom unit with in-unit laundry, along with two well-maintained one-bedroom units on the second and third floors. Two of the three units currently have leases in place, offering immediate income with flexibility moving forward. Whether maintained as a multi-family investment, repositioned to increase rental potential, or converted into a larger single-family residence, the property offers multiple paths depending on your goals. The expansive lot provides ample off-street parking and presents additional opportunity for outdoor improvements, a garage, or future expansion. A strong offering in a PRIME location, with both current income and long-term upside.
Courtesy: Gustave White Sotheby's Realty
401-849-3000
Historic Hill Townhouse just steps to Bellevue Avenue and two blocks to Newport Harbor. Located on a quiet tree-lined street, this property is configured as two units. Both units feature tall ceilings, hardwood floors, stained-glass windows, and large sunny rooms. The first floor unit offers a spacious living area with large windows kitchen, a large bedroom and a full bath and laundry. The second-floor unit has two full floors of living space. An eat-in kitchen with pantry, as well as south facing living/dining area, one large bedroom, and bath with a beautiful claw foot deep soaking tub/shower. The second floor of this unit has an additional 4 bedrooms and full bath. Other amenities include a laundry area and private fenced-in brick patio with mature landscaping. The basement is completely waterproofed, dry and provides ample space for storage. Both units are on separate utilities. Enjoy Newport's museums, mansions, galleries, fine dining, shopping and historic Cliff Walk. Great rental history. Also listed as a Single Family MLS#1409174
Courtesy: Our Real Estate
401-835-7778
Welcome to Poplar Point, a beautifully renovated residence set on an oversized lot in Newport's coveted Point neighborhood offering rare space, flexibility, and refined coastal living. The bright main home features high ceilings, hardwood floors, and abundant natural light. The kitchen is appointed with top-of-the-line appliances, marble countertops, and a walk-in pantry, opening to comfortable living and dining spaces and a desirable first-floor primary suite with en-suite bath, walk-in closet, and enclosed front porch. Upstairs are three additional bedrooms, three full bathrooms, and a second living area, while the third-floor cupola offers flexible space for an office, guest room, or fitness area. The property includes multiple distinct living spaces, including a private apartment with its own entrance, as well as 12 1/2 Poplar Street, a detached one-bedroom, one-bath cottage with its own heating, electric, and water line that has been successfully rented for years and is equally suited as a guest house, studio, or home office. A very large basement provides exceptional storage and utility space. Set on one of the larger lots in The Point with beautifully landscaped grounds and generous off-street parking, the property offers a rare opportunity to spread out, entertain, and enjoy Newport's coastal lifestyle just moments from the harbor, waterfront parks, and downtown.
Courtesy: Teri Degnan RE & Consulting
401-619-8222
Tucked off Kay St, this side by side two family home is a perfect fit for rental income, multi-generational living or guest accommodations. Each unit spans 3 levels, includes it's own private patio and features hardwood floors throughout. The exterior has been freshly painted and welcomes you with a charming front porch and one parking spot for each unit. Left Side Residence (4 Bedrooms, 2 Bathrooms) The first floor includes a spacious living room with pocket doors, separate dining room, compact functional kitchen with patio access. The second level offers 3 bedrooms and a full bath with walk-in shower. On the third level, a quaint bedroom is paired with a large bathroom featuring a soaking tub. Right Side Residence (3 Bedrooms, 2 Bathrooms) The first floor features a living room with pocket doors, an open kitchen and dining area and access with patio access and a half bath. The second level offers 2 bedrooms, a beautifully tiled bathroom with walk-in shower. One of the bedrooms has an attached sun room, ideal as a sitting area, dressing room or playroom. The third level boasts a large bedroom with a walk-in closet and a bathroom with a soaking tub, making it ideal as a primary suite. With abundant space, flexibility and functionality, these units are ready to accommodate a range of lifestyles. Don't miss this opportunity to own a piece of picturesque Newport situated close to Bellevue Ave and the vibrant Broadway district!
Courtesy: Residential Properties Ltd.
401-619-5622
Create your coastal dream home in one of Newport's most charming neighborhoods. Located in Historic Point, the property includes a 2-unit main residence, easily convertible into a single-family home, as well as a bonus converted-barn outbuilding to customize and adapt into guest quarters, a creative studio, a home office, or whatever your heart desires. The main house's first level is a 1-bedroom unit including a bonus room, usable as an office or smaller guest space, a full bath, eat-in kitchen, and living room. The second and third floor make up the home's second unit with 4 bedrooms total (2 per floor) and 2 full baths (one per floor). Discover the second floor's welcoming living room, dining room, kitchen, and laundry, along with the third floor's sweet private deck. With period details and a layout equally suited for open-concept or private quarters, this house has the flexibility to truly become your home. With one off-street parking spot and a mature perennial garden featured on Newport's Secret Garden Tour, you can enjoy a beautiful world of your own but best of all, you'll be unbelievably close to the heart of Newport, including the waterfront, Battery Park, Broadway restaurants, and downtown shopping.
Courtesy: Teri Degnan RE & Consulting
401-619-8222
130-132 Spring St is a classic historic Newport building in the heart of downtown with two 1st floor retail spaces combined and 4 residential apartments upstairs. The building is fully occupied and has 5 parking space. Use is versatile since it is located in a general business zone. Kitchens and baths have been updated, the building exterior was just painted in August 2024. Two of the units are turnkey with furnishings too. Strong rental history and also a solid candidate for a condo conversion. Steps away from all the bustling activity.
Newport is located in Rhode Island. Newport, Rhode Island has a population of 25,322. Newport is less family-centric than the surrounding county with 21.09% of the households containing married families with children. The county average for households married with children is 27.01%.
The median household income in Newport, Rhode Island is $77,092. The median household income for the surrounding county is $90,435 compared to the national median of $69,021. The median age of people living in Newport is 35.2 years.
The average high temperature in July is 79.9 degrees, with an average low temperature in January of 22.9 degrees. The average rainfall is approximately 47.8 inches per year, with 30.5 inches of snow per year.
