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    Newport, RI
    Quadplex

    Newport, RI Quadplexes for Sale

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    Updated Kitchens and Baths Quadplex
    Updated: Sep 11, 2024
    Updated Kitchens and Baths Quadplex

    130 Spring Street, Newport, RI 02840

    $2,050,000
    6,330 sqft 0.17 AC lot
    Two combined first‑floor retail spaces plus four upstairs residential apartments
    Fully occupied building
    0.17‑acre lot and 6,330 SF total area
    Built in 1849 with hardwood flooring
    Renovated kitchens and baths; exterior painted August 2024
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Newport, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Four-Family Residential Income Property
    Four-Family Residential Income Property

    72 Tower Street, Fall River, MA 02724

    $749,900
    3,050 sqft

    Well-maintained 4-unit property with turn-key units, ample off-street parking, and a detached garage with workshop space.

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    Quadplex with Four 1-Bedroom Units
    Quadplex with Four 1-Bedroom Units

    44 Newell Street, West Warwick, RI 02893

    $699,900
    2,960 sqft 0.09 AC lot

    Brick quadplex with four 1-bedroom, 1-bath apartments, separate entrances, and shared basement laundry.

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    4-Unit Residential Income Property
    4-Unit Residential Income Property

    731 Bay St, Fall River, MA 02724

    $529,000
    2,239 sqft

    Income-producing property with three 1-bedroom units and one 2-bedroom unit currently vacant, plus ample off-street parking.

    View details
    Brick 4-Family Income Property
    Brick 4-Family Income Property

    44 Newell Street, West Warwick, RI 02893

    $699,900
    2,960 sqft

    Well-maintained brick 4-family featuring four 1-bedroom, 1-bath units with separate entrances and shared basement laundry.

    View details

    Newport, RI Quadplexes Market Trends and Statistics

    Explore 1 quadplexes for sale in Newport, RI on our real estate platform. These investment opportunities span a total of 6,330 square feet of properties for sale, with an estimated market value of $2,050,000.

    Sale prices for four-unit buildings in Newport, RI average $2,050,000 — 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

    Commercial property segments ranked by active listings on the market

    Duplexes 14
    Short term rental properties 5
    Triplexes 4
    Quadplexes 1

    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 average listing prices of real estate assets

    Neighborhood Average Price
    02840 $2.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.47%
    Property Tax per SF $6.96 per SF
    Tax Rate vs County Average 0.18 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Newport County

    New Delisted

    Total CRE Inventory on Market (SF)

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