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Newport, RI Triplexes for Sale

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Newport Three-Family with Income Potential
$1,420,000
Pending

Newport Three-Family with Income Potential

28 Young St, Newport, RI 02840

Downtown Newport three-family with strong rental history and income growth potential.

  • Prime downtown Newport location, steps from waterfront, dining, and shops.
  • Strong rental history with immediate cash flow from three currently leased units.
  • Significant income growth potential with current rents below market value, ideal for seasonal rentals.
  • Off‑street parking for 3 cars plus a 2+ car garage with ADU potential.
  • Separate utilities for each unit, including furnaces.
Last Update: Oct 21
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Updated Multifamily Property in Newport
$1,950,000
0.08 Acres

Updated Multifamily Property in Newport

604 Dixon St, Newport, RI 02840

Updated multifamily property with commercial space in desirable downtown location.

  • Prime downtown Newport location near restaurants, shops, and the waterfront.
  • Multi‑family property with three distinct units: storefront (602 Thames), 3‑bedroom residence (604 Thames), and 2‑bedroom unit (4 Dixon St).
  • Commercial potential in the LB zone with a street‑level storefront offering excellent visibility.
  • Renovated 3‑bedroom residence (604 Thames) featuring hardwood floors, abundant natural light, and modern finishes.
  • Rare, detached, temperature‑controlled two‑car garage (462 sq ft) with new roof, doors, flooring and sheetrock.
Last Update: Nov 19
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Newport, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

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

Remodeled Three-Family Home with Garage
$799,000

Remodeled Three-Family Home with Garage

Remodeled 3-family near Fall River T Station.
15 Higgins St, Fall River, MA 02724
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Multifamily Investment Property For Sale
$699,000

Multifamily Investment Property For Sale

Well-maintained triplex with income potential near shopping and transit.
636-644 Dwelly St, Fall River, MA 02724
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Warren RI Three-Family Investment
$705,000
0.11 Acres

Warren RI Three-Family Investment

Well-maintained three-family property near downtown Warren with strong rental history.
397 Child St, Warren, RI 02885
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Warren RI Three-Family Investment
$705,000
4,352 SF

Warren RI Three-Family Investment

Three-family property with strong rental history, near downtown Warren.
397 Child St, Warren, RI 02885
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Newport, RI Triplexes Investment Opportunities Market Analysis

Explore 2 triplexes for sale in Newport, RI on our real estate platform. These investment opportunities span a total of 6,795 square feet of properties for sale, with an estimated market value of $3,370,000.

Prices for three-family homes in Newport, RI start at $1,420,000, averaging $1,685,000, and reaching up to $1,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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