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    17 Meikle Ave Newport, RI 02840

    Under Contract
    For Sale
    $825,000

    Multi Family - Newport, RI

    Type:Multi Family
    Property size:
    1,575 SF
    Lot size:
    0.03 Acres
    Days on Market:
    20
    Last Refresh:
    Dec 7 at 11:06 pm

    Property Features for 17 Meikle Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active Under Contract
    Window features
    Skylight(s)
    Zoning
    R10
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    2
    Patio and Porch features
    Porch
    Interior features
    Wall (dry Wall), Attic Storage, Skylight, Stairs, Plumbing (mixed), Insulation (unknown)
    Exterior features
    Sidewalks, Porch
    Appliances
    Dishwasher, Dryer, Range, Refrigerator, Washer
    Size
    1,575 SF
    Lot size
    0.03 Acres

    Utilities

    Heating system
    Baseboard, Zoned (Heating)

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Carpet, Hardwood, Laminate, Tile, Tile - Ceramic
    Building materials
    Vinyl Siding
    Architectural style
    Other

    Lila Delman Compass

    Listing agent Newport Living Group (401) 848-2101

    Listing date Nov 18, 2025

    MLS# 1398585 Listing URL

    Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Newport Two-Family Cottage with Vacant Lot

    This two-family property, located in Newport’s Fifth Ward neighborhood, is being sold as a package with the abutting vacant lot. Unit 1 features a three-bedroom, 1.5-bath layout with an updated kitchen. A breakfast nook includes sliding doors leading to the outside. The living room features tall ceilings and southern natural light. A rear mudroom provides direct basement access to the laundry areas, utilities, and extra storage. Unit 2 offers a loft-style setup. The property has been maintained with vinyl siding and vinyl insert replacement windows, asphalt roof shingles, and gas heat. Each unit has separate utilities. The vacant lot provides additional potential. The property is located near downtown and the harbor. It is being sold 'as is'. The property size is 1575 square feet and the lot size is 0.03 acres.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Newport
    State
    Rhode Island
    Longitude
    -71.312843
    Latitude
    41.471668

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    FAQs

    What type of property is this?
    Duplex - Charming two-family with vacant lot in Newport's Fifth Ward.
    Where is this duplex located?
    The property is located at 17 Meikle Ave Newport, RI.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: - Includes abutting vacant lot, offering significant potential.; - Two-family townhouse-style residence in Newport's desirable Fifth Ward, near Morton Park.; - Unit 1: **Spacious three bedroom, 1.5 bath layout with updated kitchen.**
    (401) 848-2101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    17 Meikle Ave Newport, RI 02840
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