Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    24 Old Beach Rd Newport, RI 02840

    For Sale
    $2,190,000

    Multi Family - Newport, RI

    Type:Multi Family
    Property size:
    5,094 SF
    Lot size:
    0.26 Acres
    Days on Market:
    37
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 24 Old Beach Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    Zoning
    R10
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    10
    Bathrooms
    7
    Parking
    10
    Patio and Porch features
    Patio, Porch
    Exterior features
    Local Historic District, Corner Lot, Out Building, Paved Driveway, Patio, Porch
    Size
    5,094 SF
    Lot size
    0.26 Acres

    Building Details

    Year built
    1850
    Number of units
    2
    Flooring type
    Hardwood, Tile, Tile - Ceramic
    Architectural style
    Other

    Gustave White Sotheby's International Realty (401) 849-3000 [email protected]

    Listing agent Daniel Cordeiro (401) 849-3000

    Listing date Oct 31, 2025

    MLS# 1392182 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

    Victorian Multi-Family Near Bellevue Avenue

    Located just off Bellevue Avenue, between Newport Harbor and the Atlantic Ocean at Easton’s Beach and Cliff Walk, this 22-room Victorian is situated on a corner lot in one of Newport’s historic neighborhoods. Built circa 1850, the property features proportions, high ceilings, and period details such as tin ceilings and decorative fireplace mantels. Currently configured as a legal 3-family used as a 2-family, the property spans over 5,000 square feet and could function as a single-family home, intergenerational family compound, or multi-family residence. The first floor covers over 2,100 square feet and provides access to the garden, stone patio, and south-facing sun porch, currently used as a 3-bedroom, 3-bath apartment. The second and third floors offer treetop views, with 7 bedrooms and 4 baths, which can be configured into bedroom suites with living areas. The property sits on a 0.255-acre lot that accommodates a backyard, freestanding office/atelier, 3-car garage, and 7 parking spaces. Newport’s attractions are located moments from the property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Food Market Clothing Store Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Newport
    State
    Rhode Island
    Longitude
    -71.306379
    Latitude
    41.486887

    Nearby Similar for Sale

    • $2,799,000
      3,488 SF

      Restored Victorian Home with Water Views

      Restored Victorian home with water views and income potential.
      104 2Nd St, Newport, RI 02840
      View Details
    • $1,950,000
      2,930 SF

      Mixed-Use Property in Desirable Location

      Updated multi-family property with commercial potential in downtown Newport.
      604 Dixon St, Newport, RI 02840
      View Details
    • $1,299,999
      2,079 SF

      Renovated Multi-Family Home with Yard

      Two-unit home with modern amenities and off-street parking.
      7 Sheffield Ave, Newport, RI 02840
      View Details
    • $1,850,000
      4,573 SF

      Restored Two-Family Home Near Broadway

      Meticulously restored two-family home with updated utilities and ample parking.
      17 Lincoln St, Newport, RI 02840
      View Details
    • $1,420,000
      Pending

      Newport Multi-Family Investment Opportunity

      Downtown Newport three-family with income potential near waterfront and attractions.
      28 Young St, Newport, RI 02840
      View Details
    • $1,195,000
      1,941 SF

      Historic Newport Multifamily Property

      Charming 19th-century sea captain's home in the Point neighborhood.
      23 Willow St, Newport, RI 02840
      View Details

    FAQs

    What type of property is this?
    Duplex - 22-room Victorian near Newport Harbor, Easton’s Beach, and Cliff Walk.
    Where is this duplex located?
    The property is located at 24 Old Beach Rd Newport, RI.
    What is the asking price?
    The asking price for this property is $2,190,000.
    What are key features of this property?
    This property features: - Prime location: Just off Bellevue Avenue, close to Newport Harbor, Easton’s Beach, Cliff Walk, and other major attractions.; - Grand Victorian with flexible layout: Can be used as a single-family, intergenerational compound, or multi-family home.; - Generous size: Over 5,000 square feet with 22 rooms.
    (401) 849-3000
    Request Owner's contact information
    24 Old Beach Rd Newport, RI 02840
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    24 Old Beach Rd
    Newport, RI 02840
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    24 Old Beach Rd Newport, RI 02840
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.