8-Bedroom Duplex with Four-Bay
New
For Sale
$2,600,000
27 Elm Street, Newport, RI 02840
Residential Income, Newport, RI
Property Size2,918 SF
Lot Size0.17 Acres
Price / SF$891.02
Days on Market4
Property Features for 27 Elm Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R10
Bedrooms
8
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Basement, Bedroom 8, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 6, Bedroom 7, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 2
Parking
10
Interior features
Wall (Dry Wall), Wall (Plaster), Attic, Insulation (Unknown)
Basement
Unfinished, Full
Appliances
Electric Water Heater
Subdivision
The Point
Lot features
Local Historic District, Sidewalks
Standard status
Active
Size
2,918 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
9991
Utilities
Heating system
Oil
Water source
Public
Building Details
Year built
1857
Floors in Building
3
Number of units
2
Flooring type
Hardwood, Vinyl
Building materials
Dry Wall, Plaster, Clapboard, Shingles
Listing Agency:
Hogan Associates Christie's
(401) 680-6588
Listed By:
Jesse Ross · License #RES.0045691
(401) 954-8738
Added: Oct 30
Changed: Nov 1
Last Checked: Nov 2 at 3:06PM
MLS# 1427366
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.
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Investment Insights
Based on property information with market context.
This 1857 duplex contains 2,918 square feet across three floors and is configured as two legal units with 8 bedrooms and 3 full bathrooms. The 0.173-acre lot includes a four-bay garage and driveway parking for approximately eight vehicles. The building requires a complete renovation. R10 zoning is listed for the property.
The property is located on The Point in Newport, a few blocks from downtown, the Newport Shipyard, the harbor, shops, and restaurants. The Newport Bridge is also accessible from the area.
The property is located on The Point in Newport, a few blocks from downtown, the Newport Shipyard, the harbor, shops, and restaurants. The Newport Bridge is also accessible from the area.
Key Highlights
- Two legal units across three floors
- 2,918 square feet with 8 bedrooms and 3 full bathrooms
- 0.173‑acre lot
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,791
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two legal residences occupy three floors, with a large driveway and room for about eight vehicles.
Where is this duplex located?
The property is located at 27 Elm Street Newport, RI.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Two legal units across three floors; 2,918 square feet with 8 bedrooms and 3 full bathrooms; 0.173‑acre lot
