Duplex Property with Rental
For Sale
$6,800,000
18 Ledge Road, Newport, RI 02840
Two residences occupy a legal two-family lot with private green space and mature trees.
Property SizeContact for details
Lot Size1.60 Acres
Days on Market87
Property Features for 18 Ledge Road
General Information
Standard status
Active
Lot size
1.60 Acres
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR, 1 x 2BR
Multifamily Units
2
Additional Details
Road Access
Yes
Amenities
Fireplace
Security System
Baseboard
Electric
Gas
Hot Water
Central Air
Dryer
Dishwasher
Exhaust Fan
Gas Water Heater
Microwave
Oven
Range
Refrigerator
Range Hood
Washer
Patio
Building Details
Year Built
1967
Buildings
2
Stories
1
Listing Agency:
Gustave White Sotheby's Realty
(401) 849-3000
Listed By:
Quentin Warren
(401) 849-3000
Source:
Kw
Added: Jun 5
Changed: Aug 28
Last Checked: Aug 29 at 5:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gustave White Sotheby's Realty
Investment Insights
Based on property information with market context.
This duplex property includes a three-bedroom primary residence and a separate two-bedroom rental cottage on a legal two-family lot. Set across 1.6 acres, the property features mature trees, open lawn, a patio, fireplace, central air, security system, and laundry and kitchen appliances. The improvements date to 1967.
Located at 18 Ledge Road in Newport, the property sits behind Bellevue Avenue near Bailey's Beach and the southwest end of the Cliff Walk. The Atlantic Ocean is directly across the street, placing the residences within a coastal residential setting with established surrounding greenery.
The combination of two separate residences, a legal two-family configuration, and substantial land area provides a defined residential income property format with additional outdoor space.
Located at 18 Ledge Road in Newport, the property sits behind Bellevue Avenue near Bailey's Beach and the southwest end of the Cliff Walk. The Atlantic Ocean is directly across the street, placing the residences within a coastal residential setting with established surrounding greenery.
The combination of two separate residences, a legal two-family configuration, and substantial land area provides a defined residential income property format with additional outdoor space.
Key Highlights
- 1.6‑acre property with a three‑bedroom primary residence
- Separate two‑bedroom rental cottage
- Legal two‑family lot
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
53
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences occupy a legal two-family lot with private green space and mature trees.
Where is this duplex located?
The property is located at 18 Ledge Road Newport, RI.
What is the asking price?
The asking price for this property is $6,800,000.
What are key features of this property?
This property features: 1.6‑acre property with a three‑bedroom primary residence; Separate two‑bedroom rental cottage; Legal two‑family lot
