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    23 Willow St Newport, RI 02840

    Sponsored
    For Sale
    Under Contract
    $1,195,000

    MULTI_FAMILY - Newport, RI

    Lot size:
    0.06 Acres
    Days on Market:
    15
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 23 Willow St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    R10
    Rooms
    Bedroom 2, Basement, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 3, Bathroom 1, Bathroom 2
    Bedrooms
    5
    Bathrooms
    3
    Parking
    2
    Parking features
    Garage
    Interior features
    Wall (Plaster), Insulation (Unknown)
    Fireplace
    1
    Appliances
    Gas Water Heater, Dryer, Oven/Range, Refrigerator, Washer
    Lot size
    0.06 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas

    Building Details

    Year built
    1830
    Floors in Building
    3
    Number of units
    2
    Flooring type
    Hardwood, Pine
    Building materials
    Plaster, Shingles, Wood

    Lila Delman Compass

    Listing agent Parker Sizeland (401) 862-7428

    Listing date Dec 22, 2025

    MLS# 1394429 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

    Historic Newport Multifamily Property

    Located in The Point neighborhood of Newport, Rhode Island, the property at 23 Willow Street is a 19th-century sea captain's home. The property is a multifamily residential building with two units. Unit 1 features 1 bedroom and 1 full bathroom, while Unit 2 offers 4 bedrooms and 2 full bathrooms. Architectural details include original wide-plank wood floors. The property includes a secret garden with a Belgian-block patio and a 2-car driveway. The lot size is 0.0574 acres. The property is located one block from the harbor, near St. John's church, and close to America's Cup Avenue and Newport Shipyard. Rhode Island Monthly Magazine voted Willow Street as one of the best streets to live on in the entire state. Storer Park and the Pell Bridge are nearby. The property is offered in "As Is" condition.
    Property Profile Insight Report 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 Daycare Center Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Newport
    State
    Rhode Island
    Longitude
    -71.31993
    Latitude
    41.494136

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    FAQs

    What type of property is this?
    Duplex - Charming 19th-century sea captain's home in The Point neighborhood.
    Where is this duplex located?
    The property is located at 23 Willow St Newport, RI.
    What is the asking price?
    The asking price for this property is $1,195,000.
    What are key features of this property?
    This property features: - Prime location in The Point, one block from the harbor.; - Historical significance as a 19th-century sea captain's home.; - Unique property: Unit 1 (1 bed, 1 bath) and Unit 2 (4 beds, 2 baths).
    (401) 848-2101
    Request Owner's contact information
    23 Willow St Newport, RI 02840
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    Newport, RI 02840
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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
    23 Willow St Newport, RI 02840
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