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74 Third Street Newport, RI 02840

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For Sale
$1,400,000

MULTI_FAMILY - Newport, RI

Lot size:
0.05 Acres
Added:
May 24, 2025
Days on Market:
315
Last Refresh:
Apr 3 at 6:06 am

Property Features for 74 Third Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Rooms
Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 3, Basement, Bathroom 2, Bedroom 4, Bedroom 5, Bedroom 2
Parking
2
Parking features
Garage
Patio and Porch features
Deck, Patio
Interior features
Wall (Dry Wall), Wall (Plaster), Dry Bar, Skylight, Stairs, Plumbing (Mixed), Insulation (Ceiling), Insulation (Floors), Insulation (Walls)
Exterior features
Deck, Guest House, Patio
Appliances
Gas Water Heater, Dishwasher, Dryer, Exhaust Fan, Disposal, Range Hood, Microwave, Oven/Range, Refrigerator, Washer
Standard status
Active
Lot size
0.05 Acres

Taxes and HOA fees

TaxYear
2024
TaxAnnualAmount
7558

Utilities

Heating system
Natural Gas
Cooling system
Ductless, Wall Unit(s)

Building Details

Year built
1900
Floors in Building
3
Number of units
2
Flooring type
Carpet, Pine, Laminate, Tile - Ceramic, Hardwood
Building materials
Dry Wall, Plaster, Clapboard, Masonry
Additional Structures
Guest House

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Listing Contact
Marisa Ferris

Listing agent Marisa Ferris

Listing office Residential Properties Ltd. 181 Bellevue Avenue, Suite 10, RI

Listing date May 24, 2025

MLS# 1385762

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.


Overview

Newport Multifamily with Conversion Potential

Located in Newport's Historic Point neighborhood, this property features a two-unit main residence that can be converted into a single-family home. A converted barn outbuilding offers customization options for guest quarters, a creative studio, or a home office. The first level of the main house is a one-bedroom unit with a bonus room suitable for an office or small guest space, a full bath, an eat-in kitchen, and a living room. The second and third floors comprise the second unit, featuring four bedrooms (two per floor) and two full baths (one per floor). The second floor includes a living room, dining room, kitchen, and laundry area, while the third floor has a private deck. The property's layout and period details allow for either an open-concept or private quarters. The property has one off-street parking spot and a mature perennial garden. The location provides proximity to the waterfront, Battery Park, Broadway restaurants, and downtown shopping.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Newport
County
Newport
State
Rhode Island
Longitude
-71.3193928
Latitude
41.4970676

FAQs

What type of property is this?
Duplex - Two-unit residence with a converted barn in Historic Point.
Where is this duplex located?
The property is located at 74 Third Street Newport, RI.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Prime location in Historic Point, close to Newport's waterfront, Battery Park, Broadway restaurants, and downtown shopping.; Two‑unit main residence easily convertible to a single‑family home, offering flexible living arrangements.; Bonus converted‑barn outbuilding adaptable for guest quarters, studio, or home office.
More about this property
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