8-Unit Apartment
For Sale
Contact for pricing
69 Spring St, Newport, RI 02840
Two-building multifamily offering with licensed short-term rentals, residential tenancy, and dedicated on-site parking.
Property SizeContact for details
Days on Market131
Property Features for 69 Spring St
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
8
Building Details
Buildings
2
Listing Agency:
Kirby & Kirby
(401) 324-0048
Listed By:
Molly Kirby · License #REB.0019291
Source:
Crexi
Added: Apr 24
Changed: Aug 31
Last Checked: Aug 30 at 12:30AM
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 Kirby & Kirby
Investment Insights
Based on property information with market context.
This multifamily offering comprises two apartment buildings with 8 units on Spring Street. The 69 Spring Street property includes a driveway with 4 dedicated parking spaces. The portfolio also includes city-licensed Airbnb units along with 2 established year-round residential tenants, combining short-term and conventional residential occupancy within the same offering.
The properties are positioned in Newport's tourist district, near the waterfront, historic attractions, dining, and shopping. Their Spring Street location places both buildings within an established visitor-oriented area and the city's year-round residential setting.
The properties are positioned in Newport's tourist district, near the waterfront, historic attractions, dining, and shopping. Their Spring Street location places both buildings within an established visitor-oriented area and the city's year-round residential setting.
Key Highlights
- Two‑building apartment property totaling 8 units
- 69 Spring Street includes a driveway with 4 dedicated parking spaces
- City‑licensed Airbnb units included
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
2,650
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-building multifamily offering with licensed short-term rentals, residential tenancy, and dedicated on-site parking.
Where is this apartment building located?
The property is located at 69 Spring St Newport, RI.
What are key features of this property?
This property features: Two‑building apartment property totaling 8 units; 69 Spring Street includes a driveway with 4 dedicated parking spaces; City‑licensed Airbnb units included
