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Historic Duplex with Rooftop Deck
For Sale
$1,625,000

28 John Street, Newport, RI 02840

A third-floor apartment has its own kitchen and may also serve as a fourth bedroom.

Property SizeContact for details
Days on Market202

Property Features for 28 John Street

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Amenities

ductless A/C
rooftop deck
private fenced bluestone patio
Fireplace
Security System
Baseboard
Gas
Hot Water
Zoned
Ductless
Window Unit(s)
Dryer
Dishwasher
Disposal
Gas Water Heater
Microwave
Oven
Range
Refrigerator
Range Hood
Water Heater
Washer
Deck, Patio, Porch, Sewer Connected

Building Details

Year Built 1837
Buildings 1
Construction Colonial
Listed By: Connor Dowd · License #REB
Source: Kw
Added: Mar 19 Changed: Oct 6 Last Checked: Oct 5 at 4:15PM

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 Connor Dowd

Investment Insights

Based on property information with market context.

Built in 1837, this Colonial property combines a main residence with a legal third-floor apartment. The first level has an open living, dining, and kitchen arrangement, plus a den and powder room. Ductless air conditioning has been added. On the second floor are a primary suite with two closets and a private bath, two additional bedrooms, and a full bath. The upper-level studio includes a kitchen and rooftop deck with harbor views; it can also function as a fourth bedroom. Architectural plans are available for combining the apartment with the main house.

A fenced bluestone patio connects to the kitchen and dining area. The property is within walking distance of Newport restaurants, shops, and waterfront attractions, with beaches and the Cliff Walk nearby.

Key Highlights

  • Legal third‑floor apartment with kitchen
  • Built in 1837
  • Rooftop deck with harbor views

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Daycare Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Electrical 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

2,548
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - A third-floor apartment has its own kitchen and may also serve as a fourth bedroom.
Where is this duplex located?
The property is located at 28 John Street Newport, RI.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: Legal third‑floor apartment with kitchen; Built in 1837; Rooftop deck with harbor views
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