Triplex with Private
For Sale
$7,500,000
2 Hazard Avenue, Newport, RI 02840
MULTI_FAMILY - Newport, RI
Property Size8,660 SF
Lot Size0.64 Acres
Price / SF$866.05
Days on Market26
Property Features for 2 Hazard Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R60
Bedrooms
13
Bathrooms
11
Full bathrooms
10
Half bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bedroom 11, Bedroom 1, Bedroom 5, Bathroom 4, Bedroom 3, Basement, Bedroom 8, Bathroom 12, Bathroom 5, Bathroom 6, Bedroom 4, Bedroom 12, Bedroom 6, Bathroom 7, Bathroom 3, Bathroom 11, Bathroom 2, Bedroom 10, Bedroom 7, Bathroom 9, Bathroom 8, Bathroom 10, Bedroom 13, Bedroom 9
Parking
6
Parking features
None
Patio and Porch features
Porch, Patio
Interior features
Wall (Dry Wall), Wall (Wood), Stairs, Plumbing (Mixed), Insulation (Unknown)
Exterior features
Patio, Porch
Fireplace
1
Basement
Storage Space, Partial, Unfinished
Appliances
Gas Water Heater, Dishwasher, Dryer, Exhaust Fan, Microwave, Oven/Range, Refrigerator, Washer
Subdivision
Bellevue/Coggeshall
Lot features
Local Historic District, Corner Lot
Standard status
Active
Size
8,660 SF
Lot size
0.64 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
38765
Utilities
Heating system
Forced Air, Zoned, Natural Gas, Steam
Cooling system
Central Air
Water source
Public
Building Details
Year built
1885
Floors in Building
2
Number of units
3
Flooring type
Hardwood, Tile - Ceramic
Building materials
Dry Wall, Wood Wall(s), Masonry, Wood
Listing Agency:
Gustave White Sotheby's Realty · Sotheby's International Realty
(401) 849-3000
Listed By:
Tina Wiley
(401) 447-9609
Added: Jul 8
Changed: Aug 1
Last Checked: Aug 2 at 9:06AM
MLS# 1417110
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Triplex property consisting of three four-bedroom residences in a landmark stone carriage house originally built in 1885. The homes were transformed from stable and staff quarters and each residence offers its own architectural character, with classic finishes and decor. Interior details include soaring 12-foot ceilings, exposed stonework and beams, and floor-to-ceiling sliding barn doors. A fireplace is present, and the property includes forced air heat with zoned natural gas and steam systems, plus central air cooling. Kitchens and laundry appliances are included, and the exterior features include a porch and patios.
The property is sited on a 0.639-acre lot and comprises 8,660 square feet. Water is supplied by public water, and the zoning is R60. Parking is listed as none.
The layout provides flexibility for a multigenerational setup or for combining two residences into a larger home while maintaining a separate unit for guests, staff, or rental use.
The property is sited on a 0.639-acre lot and comprises 8,660 square feet. Water is supplied by public water, and the zoning is R60. Parking is listed as none.
The layout provides flexibility for a multigenerational setup or for combining two residences into a larger home while maintaining a separate unit for guests, staff, or rental use.
Key Highlights
- 0.639‑acre lot and 8,660 SF triplex set in Newport, RI
- Zoned R60
- Three four‑bedroom residences within a stone carriage house
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
398
Businesses Nearby
Explore this area
Business Placement
Demographics for 02840, RI
23,902
Population
13,515
Households
1.8
Avg Household Size
40
Median Age
55%
College-Educated
95%
High-School Grad
7.3 sq mi
ZIP Area
3,274
Density / Sq Mi
$83,515
Median Household Income
$41,228
Median Earnings
$1,610
Median Rent
$669,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Zoned R60 triplex featuring three four-bedroom residences with private patios, central air, and soaring 12-foot ceilings.
Where is this triplex located?
The property is located at 2 Hazard Avenue Newport, RI.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: 0.639‑acre lot and 8,660 SF triplex set in Newport, RI; Zoned R60; Three four‑bedroom residences within a stone carriage house
