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Two-Family Residential Property

18 Ledge Road Newport, RI 02840

18 Ledge Road, Newport, RI, 02840
$7,200,000
For Sale
$7,200,000

MULTI_FAMILY - Newport, RI

Property Size3,400 SF
Lot Size1.63 Acres
Price / SF$2,117
Days on Market49

Property Features for 18 Ledge Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-60
Bedrooms
5
Bathrooms
5
Rooms
Bathroom 2, Bedroom 5, Bathroom 4, Bathroom 3, Bedroom 4, Bathroom 5, Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 2, Basement
Parking
9
Window features
Skylight(s)
Patio and Porch features
Patio
Interior features
Wall (Dry Wall), Plumbing (Copper), Plumbing (Mixed), Insulation (Ceiling), Insulation (Walls)
Exterior features
Guest House, Patio
Fireplace
1
Basement
Partial, Unfinished
Appliances
Gas Water Heater, Dishwasher, Dryer, Exhaust Fan, Range Hood, Microwave, Oven/Range, Refrigerator, Washer
Standard status
Active
Size
3,400 SF
Lot size
1.63 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
13461

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Natural Gas, Baseboard
Cooling system
Central Air
Water source
Public

Building Details

Year built
1967
Floors in Building
1
Number of units
2
Flooring type
Carpet, Hardwood
Building materials
Dry Wall, Clapboard, Wood
Additional Structures
Guest House
Listing agency Gustave White Sotheby's Realty
Listed by Quentin Warren
Added: Jun 4 Updated: Jul 16 at 3:23PM Checked: Jul 22 at 12:06AM
MLS# 1414364

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.

This offering is a legal two-family lot on 1.6299 acres at 18 Ledge Road. The property includes a three-bedroom primary residence along with a separate two-bedroom rental cottage. Together, the homes provide two distinct living units on one parcel, suited to owners who want rental income flexibility while maintaining a separate home base.

The setting is described as set back behind green grass and towering trees, located behind the southernmost bend of Bellevue Avenue in Newport, Rhode Island. The remarks further note the Atlantic Ocean is across the street, with Bailey’s Beach and the southwest terminus of the Cliff Walk referenced nearby.

For tenants or buyers seeking a residential income setup, the separate two-bedroom cottage can support a variety of occupancy needs depending on how the unit is used. The legal two-family configuration and the R-60 zoning designation provide a clear framework for residential operation within a single parcel, with both a larger main home and an additional rental unit already established.

Key Highlights

  • 1.6‑acre Ledge Road property on a legal two‑family lot with a three‑bed primary residence and a separate two‑bed rental cottage
  • Separate rental cottage for flexible ownership and income potential
  • Central air cooling and heating includes natural gas and electric baseboard

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Restaurant Bakery Cafe & Coffee Shop Restaurant Department Store Bed & Breakfast Hotel & Motel

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

FAQs

What type of property is this?
Duplex - Two-family lot offering a three-bedroom main residence and a separate two-bedroom rental cottage in Newport.
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 $7,200,000.
What are key features of this property?
This property features: 1.6‑acre Ledge Road property on a legal two‑family lot with a three‑bed primary residence and a separate two‑bed rental cottage; Separate rental cottage for flexible ownership and income potential; Central air cooling and heating includes natural gas and electric baseboard
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