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    Newport, RI
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    Newport, RI Residential Income Properties for Sale

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    Colonial-Era Duplex with Fireplaces
    Updated: Sep 10
    Colonial-Era Duplex with Fireplaces

    57 Farewell Street, Newport, RI 02840

    $1,850,000
    3,848 sqft 0.18 AC lot
    1750 construction with 3,848 square feet of total property size
    Duplex layout with two bedrooms and one full bathroom on each side
    One residence includes a finished third floor with two bedrooms and a bathroom
    12 working fireplaces with original tile surrounds
    0.18‑acre parcel outside Newport’s Historic District
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    Duplex with Heated Lower Level
    Updated: Sep 12
    Duplex with Heated Lower Level

    15 Dennison Street, Newport, RI 02840

    $1,225,000
    2,656 sqft 0.07 AC lot
    Two‑family residence with 2,656 square feet
    1,175‑square‑foot lower level with radiant‑heated concrete floors
    Built in 1904 on a 0.07‑acre lot
    Three bedrooms and three bathrooms
    Original hardwood floors and antique wood wainscoting
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    Historic Stone Duplex
    Historic Stone Duplex

    2 Hazard Avenue, Newport, RI 02840

    $7,500,000
    8,660 sqft 0.64 AC lot

    Two residences include private patios, fireplaces, and exposed stonework.

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    See what stands out in Newport County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Renovated Multifamily Property
    Renovated Multifamily Property

    12 Poplar Street, Newport, RI 02840

    $1,999,000
    4,012 sqft 0.19 AC lot

    Renovated property includes a main residence, private apartment, and detached cottage.

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    Duplex with Private Gardens
    Duplex with Private Gardens

    16 Sherman Street, Newport, RI 02840

    $2,900,000
    3,600 sqft 0.10 AC lot

    Separate upper-level apartment and updated building systems support flexible residential use.

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    Renovated Two-Unit Duplex
    Renovated Two-Unit Duplex

    7 Sheffield Avenue, Newport, RI 02840

    $1,250,000
    2,079 sqft 0.11 AC lot

    Two separately metered residences offer distinct outdoor areas, updated systems, and flexible one- and two-bedroom configurations.

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    Duplex Property with Guest Cottage
    Duplex Property with Guest Cottage

    18 Ledge Road, Newport, RI 02840

    $6,800,000
    3,400 sqft 1.63 AC lot

    Two-residence property with a three-bedroom main home, separate rental cottage, and established residential improvements.

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    Colonial-Era Duplex with Fireplaces
    Colonial-Era Duplex with Fireplaces

    57 Farewell Street, Newport, RI 02840

    $1,850,000
    3,848 sqft

    Two residences feature formal entertaining rooms, period staircases, private parking, and an enclosed garden on Farewell Street.

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    8-Bedroom Duplex
    8-Bedroom Duplex

    34 Bull Street, Newport, RI 02840

    $1,860,000
    3,550 sqft 0.07 AC lot

    Flexible floor plan with three full baths and walkable access to downtown Newport.

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    Three-Level Duplex with Private Patios
    Three-Level Duplex with Private Patios

    1 Pell Street, Newport, RI 02840

    $1,800,000
    5,312 sqft 0.10 AC lot

    Side-by-side residences offer flexible layouts, private outdoor space, and separate living arrangements in Newport.

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    Duplex Property with Rental Cottage
    Duplex Property with Rental Cottage

    18 Ledge Rd, Newport, RI 02840

    $6,800,000
    3,400 sqft 1.60 AC lot

    Two residences occupy a legal two-family lot with private green space and mature trees.

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    Duplex with Original Features
    Duplex with Original Features

    33 Elm Street, Newport, RI 02840

    $1,200,000
    2,000 sqft 0.10 AC lot

    Legal two-family layout with fireplaces on both levels, an enclosed rear yard, and an updated first-floor kitchen.

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    Historic Two-Unit Townhouse
    Historic Two-Unit Townhouse

    98 John St, Newport, RI 02840

    $1,195,000
    2,458 sqft

    Distinctive two-level residence with period details, separate utilities, private patio, and flexible living arrangements.

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    Turnkey Updated Triplex with Garage
    Turnkey Updated Triplex with Garage

    5 Elliot Pl, Newport, RI 02840

    $1,385,000
    3,358 sqft

    Three-unit property with recent renovations, EV charger, 2-car garage, deck, and garden area plus five off-street parking spaces.

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    Renovated Two-Family Residence
    Renovated Two-Family Residence

    17 Dearborn Street, Newport, RI 02840

    $1,445,000
    2,100 sqft

    Recently renovated two-family home with independently metered units, private laundry, and an expansive backyard.

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    Renovated Duplex with Bridge Views
    Renovated Duplex with Bridge Views

    7 Sheffield Avenue, Newport, RI 02840

    $1,250,000
    2,079 sqft

    Two units offer separate utilities, outdoor areas, in-unit laundry, and off-street parking for four vehicles.

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    Tenant-Occupied Two-Unit Duplex with Patio
    Tenant-Occupied Two-Unit Duplex with Patio

    82 Burnside Ave, Newport, RI 02840

    $979,000
    2,004 sqft

    Duplex with tenant-occupied units, two off-street parking spaces, a private rear patio, and separate utilities.

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    Updated 3-Unit Multifamily Property
    Updated 3-Unit Multifamily Property

    626 Thames Street, Newport, RI 02840

    $2,195,000
    4,165 sqft

    Three residential units include off-street parking, a detached garage, and a valid transient guest facility license.

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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    32 Houston Avenue, Newport, RI 02840

    $1,350,000
    2,552 sqft 0.20 AC lot

    Three-family home with an updated first-floor three-bedroom unit and two one-bedroom units, with two leases in place.

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    Historic Two-Family Duplex
    Historic Two-Family Duplex

    33 Elm Street, Newport, RI 02840

    $1,200,000
    2,000 sqft

    Legal two-family residence with preserved period details, separate stairways, fireplaces, updated first-floor kitchen, yard, and off-street parking.

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    Four-Unit Apartment Building
    Four-Unit Apartment Building

    33 Halsey Street, Newport, RI 02840

    $975,000
    3,209 sqft 0.23 AC lot

    Two-story multifamily building offers four 1-bedroom, 1-bath units with off-street parking on a 0.23-acre parcel.

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    Renovated Mixed-Use Waterfront Building
    Renovated Mixed-Use Waterfront Building

    491 Thames, Newport, RI 02840

    $3,250,000
    4,800 sqft

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

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    Updated Duplex with Two-Car Garage
    Updated Duplex with Two-Car Garage

    2 Bedlow Avenue, Newport, RI 02840

    $969,000

    Two two-bedroom apartments with updated systems, off-street parking, and additional storage support flexible ownership options.

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    Side-by-Side Duplex Income Property
    Side-by-Side Duplex Income Property

    1 Pell Street, Newport, RI 02840

    $1,800,000

    Two side-by-side residences offer private patios, hardwood floors, and dedicated parking with each unit spanning three levels.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 24 Active Listings in Newport, RI, we suggest to view alternatives - similar 1 Off-Market properties to explore as potential leads.

    Newport, RI Residential Income Properties Market Trends and Statistics

    Explore 25 residential income properties for sale in Newport, RI, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 75,090 square feet of properties for sale, with an estimated market value of $55,027,000.

    Sale prices for residential income properties in Newport, RI start at $969,000, averaging $2,292,791, and reaching up to $7,500,000 — 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

    Multifamily properties 24
    Duplexes 17
    Short term rental properties 3
    Triplexes 3

    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 $2.3M

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Newport County

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