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!
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.
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.
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.
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.
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
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.
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.
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
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!
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.

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.