Newport RI Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
3,483
Status:
Active
Beds:
5
Lot size:
0.26 Acres
Year built:
1890
Baths:
5.00
MLS#:
1371241

ADDITIONAL INFORMATION

Here is the ultimate 2 family Victorian home with a separate 2 level Carriage House with a large unobstructed 5 car driveway and huge fenced in back yard just off of desirable Kay St neighborhood ready for the next owner/investor. The front home offers a 1st floor open concept apartment with 2 bedrooms and 1 bathroom, cathedral ceilings, gorgeous hardwood floors throughout with access to a stunning wrap around farmers porch with newly replaced black Marvin windows that are floor to ceiling and newly installed mini splits. A beautifully updated white kitchen with stainless steel appliances and nicely updated bathroom leaves nothing untouched for the next owner. The separate second floor apartment with its grand staircase has another large and spacious 2 bedroom and 1.5 bathrooms with beautiful hardwood floors, all new black Marvin windows, and new mini splits. A nicely updated eat in kitchen with center butcher block island and huge farmers table is no problem for its generous space. A newly renovated full bathroom and half bathroom with a large laundry room is unheard of. Then you can relax on a new composite deck for your own separate enjoyment . We can then take you to a separate 2 level carriage house with 1 bedroom and 1.5 bathrooms with an updated kitchen and stainless steel appliances with hardwood floors on the first floor and new mini splits. Then the final touches were added with a stunning black aluminum roof on the Carriage House and farmers porch.

Type:
Multi-Family
Sq.Ft.:
1,796
Status:
Active
Beds:
4
Lot size:
0.13 Acres
Year built:
1900
Baths:
3.00
MLS#:
1370804
Subdivision:
Wellington, Kings Park, 5th Ward

ADDITIONAL INFORMATION

Discover the perfect location for these beautifully renovated condos, just across from Kings Park and mere steps from the ocean, the iconic Ocean Drive, and the desirable 5th Ward neighborhood of Newport. Enjoy the best of Newport living without the noise and crowds, with everything you need nearby. Units are available for individual purchase or can be combined. Unit 3A and 3B feature 1 bedroom and 1 full bath, unit 3C features 2 bedrooms, and 1 Bath. All showcase a brand-new quartz kitchen, stainless steel appliances, a washer/dryer in unit, and efficient heating/cooling mini splits. These units come furnished or unfurnished, and all include shared outdoor patio space, assigned off-street parking, and individual basement storage. HOA fee's include water, and insurance, this is an incredible opportunity. PLEASE NOTE: THESE ARE 3 INDIVIDUAL CONDOMINIUMS FOR SALE AS A PACKAGE, OR INDIVIDUALLY. SEE MLS #s 1370796, 1370798, 1370800 These condos are the ideal investment, home, or pied- -terre for long term stay, summer getaways or weekend retreats completely turnkey for your comfort!

Type:
Multi-Family
Sq.Ft.:
2,950
Status:
Active
Beds:
4
Lot size:
0.48 Acres
Year built:
1988
Baths:
4.00
MLS#:
1370346
Subdivision:
Off Bellevue

ADDITIONAL INFORMATION

Ideally located just off famed Bellevue Avenue and part of the original Snug Harbor estate, this stunning Victorian is sited on a gracious 1/2 acre grassy lot with a large back yard and plenty of off street parking. With nearly 3,000 square feet of living space in the main house this 4 bedroom 2 full and 1 half bathroom has been extensively renovated with modern kitchen and laundry room. The first floor features the gourmet kitchen with center island, living room, formal dining room, den, dining area, half bathroom, and laundry room. The dining area has French doors that open an oversized deck and fully fenced yard. The second floor has 3 bedrooms and 2 full bathrooms, the 3rd floor is an open concept space offering perfect for home office, gym or bunk room. A separate, legal apartment above the 2-car garage with private entrance offers versatility for home-office, guests or rental income. Possible space for a pool. Stroll to downtown Newport's finest shopping and dining, The Cliff Walk, The International Tennis Hall of Fame and Newport's best beaches.

Type:
Multi-Family
Sq.Ft.:
2,134
Status:
Active
Beds:
4
Lot size:
0.03 Acres
Year built:
1900
Baths:
2.00
MLS#:
1368577
Subdivision:
Bellevue

ADDITIONAL INFORMATION

Rare opportunity to own a multi-family property just steps from Bellevue Avenue and a short stroll to downtown/harbor front. Privately accessed, and recently remodeled first floor one-bedroom unit with upgraded kitchen and bathroom, including soapstone countertops, in-unit washer/dryer, and dual Liebherr refridgerators. Floors two and three combine to create a three-bedroom, one bathroom unit with potential for reconfiguration and redesign. Charming terrace with espaliers and privacy fencing provides a quiet area for reflection and relaxation. Conveniently located by the Bellevue Gardens shopping center, where you'll find a fitness studio, organic grocery store, wine shop, specialty cheese market, sushi restaurant, and more! Tennis courts, playground, and public library at the end of the street. A centrally located property, perfect for investment purposes, or multigenerational living. Two addresses: 1 King Street, and 65 Williams Street. Interior photos coming the week of Sept. 16th.

Type:
Multi-Family
Sq.Ft.:
6,330
Status:
Active
Beds:
9
Lot size:
0.17 Acres
Year built:
1849
Baths:
5.00
MLS#:
1366507
Subdivision:
Downtown

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
6,556
Status:
Active
Beds:
5
Lot size:
0.72 Acres
Year built:
1880
Baths:
4.00
MLS#:
1364772
Subdivision:
Kay/Catherine btw Greenough/Ayrault

ADDITIONAL INFORMATION

PRIME NEWPORT OASIS. Hidden in plain sight, this 31,000+ square foot property is one of the largest residential parcels in the desirable Kay/Catherine neighborhood, right off Bellevue Avenue, and a stone's throw to the Cliff Walk, Tennis Hall of Fame, Redwood Library and Newport Harbor. The property consists of 2 buildings - 40 Catherine, a 3-bedroom/2-bath house, and 42 Catherine, a charming 2-story converted barn with 2 one-bedroom apartments. 40 Catherine features a grand living room - once the office of architect George Champlin Mason with wood-burning fireplace and tall Palladian arched windows. A great outdoor deck and wonderful yard offer seamless indoor-outdoor living with room for entertaining al fresco. A private bedroom suite is on its own floor upstairs, while the main floor includes a large open kitchen/dining, separate dining/study, bathroom and the second and third bedrooms. A first floor garage offers an additional 1500+ sf of storage space or potential additional living area. 42 Catherine offers all the charm of an historic barn conversion with potential for family compound, rental income and/or guest accommodation. The first floor is just one step up, spanning over 1300 sf, with a huge great room, Dutch door, charming patio, wood-burning fireplace, open kitchen, laundry, bathroom, and first floor bedroom. The second floor is an additional one-bedroom apartment, rented to a long-term tenant through April 2025. Sublime!

Type:
Multi-Family
Sq.Ft.:
1,653
Status:
Active
Beds:
4
Lot size:
0.04 Acres
Year built:
1900
Baths:
2.00
MLS#:
1364887

ADDITIONAL INFORMATION

Discover a rare opportunity to own a thriving two-unit Airbnb in the heart of Newport's vibrant Yachting Village. This updated multi-family property is ideal for investors or those seeking a home with income potential. Whether for investment or residence, this property presents an enticing prospect in Newport's waterfront business zone. The first-floor unit is a cozy one-bedroom, one-bathroom featuring a deck and fireplace, perfect for relaxing and enjoying the coastal ambiance. The second-floor unit is a spacious three-bedroom, one-bathroom that spans two floors, offering ample space and comfort with 2 decks and a fireplace. Each unit has a washer and dryer. With brilliant Newport Harbor views and just steps away from the marinas, restaurants, and shops, this property is an ideal retreat for those seeking the best of coastal living. Don't miss out on this exceptional opportunity! No parking on site, owner rents 2 spaces nearby. Profit and loss available for interested parties.

Type:
Multi-Family
Sq.Ft.:
5,922
Status:
Active
Beds:
5
Lot size:
1.43 Acres
Year built:
1890
Baths:
4.00
MLS#:
1351070
Subdivision:
Beacon Hill - Ft. Adams - Ocean Dr

ADDITIONAL INFORMATION

Full Cry was originally built as the carriage house for Roslyn , which was designed by William Ralph Emerson. Sited on 1.43 acres and a legal two-family, this expansive home is awaiting her next steward. In its current layout, the main residence consists of 4 bedrooms, 3 bathrooms, and a large, 1,794 SF garage that can house around 7 cars. The apartment has it's own private entrance, 1-2 bedrooms, a large kitchen and a nice size living room. Situated on a mostly wooded parcel with rock outcroppings, it's the perfect place to relax and listen to the birds. Steeped in history, this home still has remnants of the original horse stalls, beautiful wooden walls where the tack room once was, and many original doors. While set on it's own little oasis, it's only 0.5 miles to the harbor, area yacht clubs, and a short bike ride to town. Truly an historic gem.

Type:
Multi-Family
Sq.Ft.:
9,193
Status:
Active
Beds:
8
Lot size:
0.68 Acres
Year built:
1890
Baths:
5.00
MLS#:
1350539
Subdivision:
Coggeshall

ADDITIONAL INFORMATION

The Whitney Carriage House . Historic Newport Carriage House for the former Whitney Mansion built for the Payne Whitney family by architect Christoper Gould. The Grand Tudor is sited on nearly 3/4 acre lot just off Bellevue Avenue with spectacular views of Almy Pond and Ocean Drive. The U-Shaped layout consists of a center courtyard and at the back of the building, a beautifully manicured lawn. Two parallel wings, north wing running east-west and south wing running east-west are centered by an octagonal cupola. The property was converted to several residential apartments in 1953 and current zoning of record is 4-dwelling units. Also listed as single family- please see MLS#1348165

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Andrea Conner, License REC.0018633, Xome Inc., License REC.0018633, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.



Newport Real Estate

The median home value in Newport, RI is $1,000,000. This is higher than the county median home value of $646,400. The national median home value is $338,100. The average price of homes sold in Newport, RI is $1,000,000. Approximately 35.56% of Newport homes are owned, compared to 41.25% rented, while 23.19% are vacant. Newport real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Newport real estate agent to arrange a tour today!

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.

Newport Weather

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.

Newport Real Estate Market Conditions

  • Median sales price

    $1,000,000
    16% change since last quarter
  • # Active listings

    79
    30-day change

Newport Schools and Demographics

Education near Newport, RI

Metric City County
High School Graduates 95.08 94.4
College Degree - 2 year 4.8 7.36
College Degree - 4 year 54.81 50.67
Graduate Degree 18.03 15.38
Expenditures per Student 21,824 21,824
Students per Teacher 11.8 11.8

Elementary Schools near Newport, RI

School Grades Students P/T Ratio ZIP
Aquidneck School PK - 03 386 16.2 02842
Claiborne PELL Elementary PK - 04 890 17.2 02840
Forest Avenue School KG - 03 339 17.5 02842
Jamestown School-Melrose PK - 04 293 13.1 02835
Kingston Hill Academy KG - 05 188 19.1 02874
Wilbur and McMahon Schools KG - 08 248 10.2 02837

Middle Schools near Newport, RI

School Grades Students P/T Ratio ZIP
Frank E. Thompson Middle 05 - 08 574 13.1 02840
Jamestown School-Lawn 05 - 08 204 10.3 02835
Joseph Gaudet Academy 04 - 04 168 17.7 02842
Joseph H. Gaudet School 05 - 08 706 15.7 02842

High Schools near Newport, RI

School Grades Students P/T Ratio ZIP
Middletown High School 09 - 12 653 14.5 02842
Rogers High School 09 - 12 568 13 02840

Ungraded Schools near Newport, RI

School Grades Students P/T Ratio ZIP
Newport Area Career Tech Center UG - UG 0 0 02840

Demographics near Newport, RI

Metric City County
Neighborhood Type Suburban
Population 25,322 85,525
Population Density 3,304 835
Median Age 35.2 45.6
People per Household 2.2 2.3
Median Household Income 77,092 90,435
Average Income per Capita 48,803 52,030