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Historic Duplex with Guest House

3 Bridge Street, Newport, RI 02840

For Sale
New
$2,950,000

Residential Income, Newport, RI

Property Size3,321 SF
Lot Size0.08 Acres
Price / SF$888.29
Days on Market3

Property Features for 3 Bridge Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R10
Bedrooms 5
Bathrooms 5
Full bathrooms 4
Half bathrooms 1
Rooms Bedroom 1, Bathroom 3, Bedroom 4, Basement, Bathroom 5, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 2, Bathroom 2, Bathroom 4
Parking 2
Parking features None
Window features Skylight(s), Insulated Windows
Patio and Porch features Patio
Interior features Wall (Dry Wall), Stairs, Wet Bar, Plumbing (Mixed), Insulation (Ceiling), Insulation (Floors), Insulation (Walls)
Exterior features Guest House, Patio
Fireplace 1
Basement Unfinished, Partial
Appliances Dishwasher, Dryer, Exhaust Fan, Disposal, Range Hood, Microwave, Oven, Range, Refrigerator, Washer, Gas Water Heater
Subdivision The Point
Lot features Local Historic District, Corner Lot, Sidewalks
Standard status Active
Size 3,321 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 18713

Utilities

Heating system Natural Gas, Forced Air, Central, Radiant
Cooling system Central Air, Ductless

Building Details

Year built 1750
Floors in Building 3
Number of units 2
Flooring type Hardwood, Tile - Ceramic
Building materials Dry Wall, Clapboard, Masonry
Additional Structures Guest House
Buildings 2
Listing Agency: Gustave White Sotheby's Realty · Sotheby's International Realty
Listed By: Rebecca King
Added: Nov 10 Changed: Nov 12 Last Checked: Nov 12 at 11:06PM
MLS# 1427170

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.

Rey
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Investment Insights

Based on property information with market context.

This Newport duplex combines a historic main residence with a separate 780-square-foot guest house. The main home retains exposed post-and-beam timbers and original fireplaces, alongside a kitchen with quartz countertops and custom cabinetry. Its upper levels include a primary suite, two additional bedrooms, a full bath, and a loft with another full bath. The guest house has exposed timbers, an atrium, a spiral staircase, a loft bedroom, a full bath, and laundry. Both buildings were comprehensively renovated in 2017, with plumbing, electrical, HVAC, and water and sewer lines updated.

The property is near Newport Harbor, Thames Street, and downtown. It occupies a 0.0814-acre lot and carries R10 zoning.

Key Highlights

  • Separate 780 SF guest house with loft bedroom, full bath, and laundry
  • Main residence includes a primary suite, two additional bedrooms, and a third‑floor loft with full bath
  • Renovated in 2017; plumbing, electrical, HVAC, and water/sewer lines updated

Property Analytics

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Open Analytics

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,160
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

Average Price Trend$/SF for Duplexes in Newport, RI

$687 Jul
$664 Aug
$703 Sep
$661 Oct

Properties on Market for Duplexes in Newport

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - A renovated historic residence pairs period details with a separate guest house and flexible multi-level living space.
Where is this duplex located?
The property is located at 3 Bridge Street Newport, RI.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Separate 780 SF guest house with loft bedroom, full bath, and laundry; Main residence includes a primary suite, two additional bedrooms, and a third‑floor loft with full bath; Renovated in 2017; plumbing, electrical, HVAC, and water/sewer lines updated
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