Newport, RI Multifamily Properties for Sale

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Middletown, RI Jamestown, RI Narragansett, RI

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Newport Multifamily Investment Opportunity

$1,960,000

3,550 SF

Newport Multifamily Investment Opportunity

34 Bull Street, Newport, RI 02840

Well-maintained 8-bedroom property in desirable, walkable Newport neighborhood.

Prime location: Steps from Newport's downtown, restaurants, and waterfront attractions.
High income potential: Flexible floor plan ideal for investment property or seasonal rentals.
Eight bedrooms & three baths: Spacious layout suitable for multi‑generational living or rental income.
Walkable neighborhood: Located in a desirable and walkable area of Newport.
Well‑maintained: Meticulously cared for property combining classic charm with modern convenience.

Updated: May 26

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$999,000

2,016 SF

Updated Two-Family Residence

2 Bedlow Avenue, Newport, RI 02840

Well-maintained two-family with substantial system updates, off-street parking, and a detached two-car garage for flexible income potential.

Two‑family home built in 1920 with two 2‑bedroom apartments
Significant updates reported: newer windows, roof, heating, plumbing, and electrical systems
Natural gas baseboard heat plus tankless gas water heater and gas water heater
Hardwood and ceramic tile flooring, skylights, and an attic
Exterior features include balcony and patio

Updated: Jun 2

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$1,299,999

2,079 SF

Renovated Multi-Family Home with Yard

Two-unit home with yard, modern amenities, and off-street parking.

7 Sheffield Avenue, Newport, RI 02840

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Newport Two-Family Investment Opportunity

$749,999

1,795 SF

Newport Two-Family Investment Opportunity

Two-family property in Newport's Kay/Broadway neighborhood, close to amenities.

8 Mann Avenue, Newport, RI 02840

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$799,000

3,854 SF

Newport Multifamily Investment Opportunity

Multifamily property near Broadway shops, restaurants, and Newport Bridge.

19 Vernon Avenue, Newport, RI 02840

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$1,275,000

2,458 SF

Historic Hill Townhouse, Newport

Two-unit property near Bellevue Avenue and Newport Harbor.

98 John Street, Newport, RI 02840

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$3,250,000

4,800 SF

Renovated Mixed-Use Waterfront Building

High-visibility Newport property with short-term rentals and retail spaces.

491 Thames Street, Newport, RI 02840

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Newport Multifamily Home with Income Potential

$1,800,000

5,312 SF

Newport Multifamily Home with Income Potential

Two-family home in Newport, ideal for rental income or multi-generational living.

1 Pell Street, Newport, RI 02840

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Newport Multifamily with Conversion Potential

$1,400,000

2,313 SF

Newport Multifamily with Conversion Potential

Two-unit residence with a converted barn in historic Newport.

74 Third Street, Newport, RI 02840

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$1,775,000

2,372 SF

Mixed-Use Property in Prime Location

Mixed-use property with office spaces and residential units in Newport.

2 Perry Street, Newport, RI 2840

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$2,200,000

6,330 SF

Historic Newport Mixed-Use Building

Classic building with retail and residential units in downtown Newport.

130 Spring Street, Newport, RI 02840

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$1,775,000

Mixed-Use Property in Prime Location

Well-maintained mixed-use property with office and residential units.

2 Perry Street, Newport, RI 2840

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$3,250,000

Renovated Mixed-Use Building on Thames

High-visibility, renovated mixed-use building with income potential.

491 Thames Street, Newport, RI 2840

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$3,250,000

4,800 SF

Renovated Mixed-Use Waterfront Building

High-visibility, renovated mixed-use building with income potential in Newport.

491 Thames, Newport, RI 2840

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Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 14 Active listings in Newport, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Waterfront Duplex with Expansion Potential

$1,099,000

4,552 SF

Waterfront Duplex with Expansion Potential

Rare waterfront duplex with expansion potential and stunning river views.

38 Aquidneck Avenue, Portsmouth, RI 02871

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$1,900,000

2,254 SF

Updated Multi-Family Near Easton Beach

Updated 3-unit property near Easton Beach, ideal for investment.

45 Crescent Road, Middletown, RI 02842

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$1,800,000

5,144 SF

Turnkey Two-Family Home Near Beach

Updated two-family home near Easton's Point, walking distance to beach.

4 James Street, Middletown, RI 02842

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$1,300,000

2,010 SF

Waterfront Duplex with River Views

Two-family property with potential for expansion and waterfront living.

38 Aquidneck Ave, Portsmouth, RI 2871

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$899,999

3,216 SF

Two-Family Home with Additional Lot

Spacious two-family home with vacant lot in Dorchester.

68, 70-72 Clarkson St, Boston, MA 02125

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Southampton Village Multifamily Opportunity

$2,300,000

0.33 Acres

Southampton Village Multifamily Opportunity

Two-family home in the heart of Southampton Village.

39 Halsey Avenue, Southampton, NY 11968

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$750,000

2,480 SF

Expansive Land Parcel in Holmes

75+ acre land parcel with garage near I-84.

545 Grape Hollow Road, Holmes, NY 12531

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$95,000

4.96 Acres

Newport Land with Development Potential

4.96 acres in Newport with Sugar River and rail trail access.

Lot 45 Parkview Street, Newport, NH 03773

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Off-Market Properties in Newport, RI

Consider similar Off-Market properties in Newport, RI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Lifestyle centers

Value Estimation by Request

130 Or 2, Newport, RI 02840

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Newport, RI Multifamily Properties Investment Opportunities Market Analysis

Explore 15 multifamily properties for sale in Newport, RI, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 42,243 square feet of properties for sale, with an estimated market value of $21,533,998.

Sale prices for multifamily properties in Newport, RI start at $749,999, averaging $1,794,499, and reaching up to $3,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Demographics Overview

Population 25K

Population Growth (5Y) -5.8%

Median Household Income $83,515

College Educated 81.9%

High-Yield Neighborhoods for Investment

Identify Newport submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
02840	$1.9M

Taxes & Financing

Tax Rate (average for all types) 1.47%

Property Tax per SF $6.96 per sq ft

Tax Rate vs County Average 0.18 pp above county avg

Average Loan-to-Value 65.0%

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Newport, RI Multifamily Properties for Sale

Newport Multifamily Investment Opportunity

Well-maintained 8-bedroom property in desirable, walkable Newport neighborhood.

Updated Two-Family Residence

Well-maintained two-family with substantial system updates, off-street parking, and a detached two-car garage for flexible income potential.

Renovated Multi-Family Home with Yard

Newport Two-Family Investment Opportunity

Newport Multifamily Investment Opportunity

Historic Hill Townhouse, Newport

Renovated Mixed-Use Waterfront Building

Newport Multifamily Home with Income Potential

Newport Multifamily with Conversion Potential

Mixed-Use Property in Prime Location

Historic Newport Mixed-Use Building

Mixed-Use Property in Prime Location

Renovated Mixed-Use Building on Thames

Renovated Mixed-Use Waterfront Building

Opportunities in Nearby Cities

Waterfront Duplex with Expansion Potential

Updated Multi-Family Near Easton Beach

Turnkey Two-Family Home Near Beach

Waterfront Duplex with River Views

Potential Development Sites for Consideration

Two-Family Home with Additional Lot

Southampton Village Multifamily Opportunity

Expansive Land Parcel in Holmes

Newport Land with Development Potential

Off-Market Properties in Newport, RI

130 Or 2, Newport, RI 02840

Newport, RI Multifamily Properties Investment Opportunities Market Analysis

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

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