11 Newport Avenue

Newport, RI 02840

$1,250,000
Price
8
Beds
3,435 Sq. Ft.
$364 / Sq. Ft.
3,435
Sq. Ft.
$364
per Sq. Ft.

Description

This well-maintained, large 3-family home is set back off the street, offering a peaceful and private setting for tenants and guests. Each unit has separate utilities, ensuring maximum privacy and convenience. The property features two staircases for easy access, large bedrooms that provide ample living space, and laundry in units for added convenience. Situated in a prime location, this property is just a short walk to the revitalized Broadway, which offers a variety of shops, restaurants, and entertainment...This well-maintained, large 3-family home is set back off the street, offering a peaceful and private setting for tenants and guests. Each unit has separate utilities, ensuring maximum privacy and convenience. The property features two staircases for easy access, large bedrooms that provide ample living space, and laundry in units for added convenience. Situated in a prime location, this property is just a short walk to the revitalized Broadway, which offers a variety of shops, restaurants, and entertainment options. Plus, with easy access to and from Newport and convenient off-street parking, you're never far from all that the area has to offer. Whether you're an investor looking for a solid income property or an owner-occupant seeking a spacious home with rental income potential, this property is an excellent opportunity! Don't miss your chance to own this versatile property!
  1. Listed by Fitzpatrick Team • Brokerage DRE #REB.0019593 • RE/MAX Results
    P: (401)-848-7827 justine@resultswithremax.com

Amenities

  • Basement
  • Detached Parking
  • Dishwasher
  • Electric Oven
  • Full Basement
  • Garage
  • Gas Heat
  • Hardwood Floors
LISTING UPDATED: 01/18/2025 12:32 AM

Property Details for 11 Newport Avenue

StatusActive
MLS #1375602
Days on Market14
Taxes$6,603 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1890
Lot Size0.19 AC / 8,144 SF
CountyNewport County

Building Information for 11 Newport Avenue

Stories3Residences3Year Built1890Building Size-Lot Size0.19 AC / 8,144 SF

Property Information for 11 Newport Avenue

Summary
Location and General Information
  • City: Newport
  • Community Features: Near Hospital, Near Schools, Public Transportation, Shopping
  • Postal City: Newport
  • Postal Code: 02840
  • Postal Code Plus4: 7618
  • State Or Province: RI
  • Zoning: R10
  • Human Modified Y N: No
Parking
  • Attached Garage Y N: No
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage Y N: Yes
  • Parking Features: Detached, Garage
  • Parking Total: 8
Taxes and HOA Information
  • Tax Annual Amount: $6,603.00
  • Tax Assessed Value: 803300
  • Tax Lot: 201
  • Tax Map Number: 14
  • Tax Year: 2024
Property
Lot Information
  • Above Grade Fin SQFT: 3435.0
  • Building Area Total: 3435.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.187
  • Lot Size Area: 8144.0
  • Lot Size Square Feet: 8144.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 11NEWPORTAVNEWP
  • Stories Total: 3
  • Structure Type: Apartment
Property and Assessments
  • New Construction Y N: No
  • Number Of Units Total: 3
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1890
  • C L I P: 9,034,948,398
Utilities
  • Electric: Amps100
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Foundation Details: Combination
Interior Features
  • Appliances: Dishwasher, Electric Water Heater, Oven, Range
  • Basement: Full, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 8
  • Cooling: None
  • Cooling Y N: No
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Hardwood
  • Heating: Gas, Hot Water, Oil
  • Heating Y N: Yes
  • Interior Features: Stall Shower, Tub Shower
  • Laundry Features: In Unit
  • Rooms Total: 14
Multi Family
Income & Expenses Information
  • Operating Expense: $15,000.00
Unit 1 Information
  • Actual Rent: $1,650.00
  • Unit Type Area: 640.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $2,750.00
  • Unit Type Area: 1300.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $3,000.00
  • Occupant Type: Vacant
  • Unit Type Area: 1256.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No
  • Tenant Pays: Hot Water

Property History for 11 Newport Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11 Newport Avenue

Taxable ValueLand$148,400Additions$361,000Total$509,400
Tax Record2023$5,053 ($421 / month)
Home Facts
Baths3Total Finished SqFt3,221 SqFtAbove Grade Finished SqFt3,221 SqFtStories3Lot Size8,146 SqFtStyleTriplexYear Built1890Year Renovated1987ZoningR10CountyNEWPORTAPNNEWP M:014 B:0201

Schools near 11 Newport Avenue

This home is within Newport School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - PK to 4
Public - 9 to 12
Rating
School
Distance
Frank E. Thompson Middle School
Public5 to 8

Rogers High School
Public9 to 12

Pell Elementary School
PublicPK to 4

Newport Area Career Tech Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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11 Newport Avenue is a multi-family home for sale in Newport, RI 02840. This property was listed for sale on January 7, 2025 by RE/MAX Results, it's currently listed at $1,250,000. It has been on the market for a total of 14 days and was last sold on May 7, 2018. This listing's school district is Newport School District. Nearby schools include Frank E. Thompson Middle School, Rogers High School and Pell Elementary School. 11 Newport Avenue is a 8-bed, 3-bath, 3,435 sqft multi-family home built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Results

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.