$10,000 Closing Credit¹
#1364887, Listing Office: RE/MAX Results
$1,075,000 List price
1 King St Newport, RI 02840
$10,000
Closing credit¹
4 beds
2 full
0.03 acres
Multi-Family
Property details
About 1 King St
Historic charm meets investment potential in the heart of Newport! Rare opportunity to own a multi-family property just steps from Bellevue Avenue and a short stroll to downtown and the harbor. The recently remodeled first floor unit offers one bedroom, plus an upgraded kitchen and bathroom, including soapstone countertops, in-unit washer/dryer, and dual Liebherr refrigerators. Unit two spans the second and third floors of the home, offering a three-bedroom, one bathroom unit with potential for reconfiguration and redesign. The charming terrace with espaliers and privacy fencing provides a quiet area for reflection and relaxation. Conveniently located by the Bellevue Gardens shopping center, where you'll find a fitness studio, organic grocery store, wine shop, specialty cheese market, sushi restaurant, and more! Tennis courts, playground, and public library at the end of the street. A centrally located property, perfect for investment purposes, or multigenerational living. Two addresses: 1 King Street, and 65 Williams Street.
Highlights
Home typeMulti Family
HeatingNatural Gas, Hot Water
StatusActive
BasementYes
Lot size0.0333 Acres
Year built1900
ParkingNo Garage
MLS #1375236
WaterfrontWaterfront
Summary
- MLS Number: 1375236
- MLS Name: RIS
- Office Name: Mott & Chace Sotheby's Intl.
- Office Phone: (401) 789-8899
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 9:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,075,000
1 King St
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
4
Claiborne Pell Elementary School
Public District PK-4
1.7 mi
•35 Dexter St
5
Joseph Gaudet Academy
Public District 4-4
2.9 mi
•1113 Aquidneck Ave
7
Melrose Avenue School
Public District PK-4
3.8 mi
•76 Melrose Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $71,642. Residents of Newport, RI typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
23%
<35k
40%
35k-100k
30%
100k-200k
7%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
67%
Single, No Kids
3%
Single, with Kids
23%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
2%
12-17 yrs old
35%
18-34 yrs old
34%
35-64 yrs old
23%
65+ yrs old
What do the neighbors do for fun?
Yoga/pilates
Symphony or Opera
Hiking/backpacking
Where do the neighbors shop?
H&M
Chico's
Nordstrom Rack
Where do the neighbors go to eat?
Dominos Pizza
Boston Market
Chipotle
What do the neighbors drive?
Audi
Volvo
Mazda
What do the neighbors listen to?
Alternative
Talk/Personality
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Newport, RI
About 1 King St
This home is located at 1 King St in Newport, RI and zip code 02840. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 31, 2024 and is currently priced at $1,075,000.
Over 2 listings were sold over their listed price in February 2025 in Newport, RI. In the same period over 8 listings were sold below the listed price and 3 listings were sold for the listed price. In February 2025 in Newport, RI there were 8.5% more homes for sale than in January. In February 2025 median list price was $909,500 and the average listing age was 77 days.
From Rocket Homes Real Estate and based on county public records data.