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    Newport, RI
    Triplex

    Newport, RI Triplexes for Sale

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    Middletown, RI Jamestown, RI Portsmouth, RI Narragansett, RI Little Compton, RI South Kingstown, RI Tiverton, RI North Kingstown, RI
    Updated 3-Unit Multifamily Property
    Updated: Aug 5
    Updated 3-Unit Multifamily Property

    626 Thames Street, Newport, RI 02840

    $2,195,000
    4,165 sqft
    Three‑unit triplex with 4,165 square feet of building area
    Off‑street parking for up to five vehicles plus a detached garage
    New roof installed in 2022
    Boiler and hot water tank replaced in 2023
    Updated electrical service
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    Turnkey Updated Triplex with Garage
    Updated: Jul 26
    Turnkey Updated Triplex with Garage

    5 Elliot Pl, Newport, RI 02840

    $1,385,000
    3,358 sqft
    3‑unit property built in 1870: two 3‑bedroom apartments plus an updated 2‑bedroom apartment
    Renovations include roof, siding, windows, electrical, plumbing, and heating systems
    Includes 5 off‑street parking spaces and a 2‑car garage
    EV charger included
    Outdoor features include a deck and garden area
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    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

    Opportunities in Nearby Cities

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

    Triplex with Two-Car Garage
    Triplex with Two-Car Garage

    48 Tuttle St, Fall River, MA 02724

    $749,900
    2,700 sqft 0.13 AC lot

    A vacant, renovated first-floor unit offers flexibility for occupancy or leasing.

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    3-Unit Triplex
    3-Unit Triplex

    1846 R S Main St R, Fall River, MA 02724

    $619,000
    3,230 sqft

    All three units are vacant, providing flexibility for new occupancy.

    View details
    Triplex with Patio
    Triplex with Patio

    132 Hope Street, Bristol, RI 02809

    $649,000
    2,945 sqft 0.07 AC lot

    Three-family residence near Walley Beach, with a patio and public sewer service.

    View details
    Historic Triplex Across from Beach
    Historic Triplex Across from Beach

    132 Hope Street, Bristol, RI 02809

    $649,000

    Three-family residence faces Walley Beach, with swimming access to Bristol Harbour and waterfront views.

    View details

    Newport, RI Triplexes Market Trends and Statistics

    Explore 2 triplexes for sale in Newport, RI on our real estate platform. These investment opportunities span a total of 7,523 square feet of properties for sale, with an estimated market value of $3,580,000.

    Sale prices for three-family homes in Newport, RI start at $1,385,000, averaging $1,790,000, and reaching up to $2,195,000 — 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 25
    Short term rental properties 6
    Triplexes 2

    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 $1.6M

    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

    Retail

    Office

    Residential Income

    How Realmo verifies these figures

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