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Updated Duplex with Two-Car Garage
For Sale
$969,000

2 Bedlow Avenue, Newport, RI 02840

Two two-bedroom apartments with updated systems, off-street parking, and additional storage support flexible ownership options.

Property SizeContact for details
Days on Market99

Property Features for 2 Bedlow Avenue

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR
Multifamily Units 2

Amenities

patio area
basement storage
Baseboard
Gas
Dryer
Dishwasher
Gas Water Heater
Microwave
Oven
Range
Refrigerator
Range Hood
Tankless Water Heater
Washer
Deck, Patio, Sewer Connected

Building Details

Year Built 1920
Stories 2
Listing Agency: Hogan Associates Christie's
Listed By: Jeff Brooks · License #REB.0019912
Source: Kw
Added: Jun 3 Changed: Sep 8 Last Checked: Sep 8 at 10:04AM

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 Hogan Associates Christie's

Investment Insights

Based on property information with market context.

This 1920 duplex at 2 Bedlow Avenue contains two two-bedroom apartments and has received substantial system updates, including newer windows, roof, heating, plumbing, and electrical work. Individual units include baseboard heat, gas service, laundry appliances, kitchen appliances, and tankless water heaters. Exterior amenities include a deck, patio, off-street parking, and a detached two-car garage, while the basement provides additional storage.

The property is positioned minutes from downtown Newport, Broadway, and the Newport Bridge. It is also near Broadway restaurants, shops, and Simple Merchant. Connected sewer service and the combination of separate apartments, parking, garage space, and storage add practical flexibility for an owner-occupant or investor.

Key Highlights

  • Two 2‑bedroom apartments in a 1920 duplex
  • Updated windows, roof, heating, plumbing, and electrical systems
  • Detached two‑car garage with off‑street parking

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Nail Salon Hair Salon (Bike/Boat/Book/etc) Store Grocery & Convenience Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

759
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two two-bedroom apartments with updated systems, off-street parking, and additional storage support flexible ownership options.
Where is this duplex located?
The property is located at 2 Bedlow Avenue Newport, RI.
What is the asking price?
The asking price for this property is $969,000.
What are key features of this property?
This property features: Two 2‑bedroom apartments in a 1920 duplex; Updated windows, roof, heating, plumbing, and electrical systems; Detached two‑car garage with off‑street parking
More about this property
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