$10,000 Closing Credit¹
#1373599, Listing Office: Edge Realty RI
$1,250,000 List price
11 Newport Ave Newport, RI 02840
$10,000
Closing credit¹
8 beds
3 full
0.2 acres
Multi-Family
Property details
About 11 Newport Ave
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!
Highlights
Home typeMulti Family
HeatingNatural Gas, Hot Water, Oil
StatusActive
BasementYes
Lot size0.187 Acres
Year built1890
ParkingDetached, Garage
MLS #1375602
Summary
- MLS Number: 1375602
- MLS Name: RIS
- Office Name: RE/MAX Results
- Office Phone: (401) 848-7827
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, 6:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,250,000
11 Newport Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 11, 1997 | Home Sold | $140,000 |
| Sep 20, 1991 | Home Sold | $106,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $803,300 | $6,603 |
| 2023 | $509,400 | $5,053 |
| 2022 | $509,400 | $4,895 |
| 2021 | $509,400 | $4,753 |
| 2020 | $364,100 | $3,743 |
| 2019 | $364,100 | $3,743 |
History based on county public records data.
Nearby schools
4
Claiborne Pell Elementary School
Public District PK-4
0.7 mi
•35 Dexter St
5
Joseph Gaudet Academy
Public District 4-4
2.1 mi
•1113 Aquidneck Ave
7
Melrose Avenue School
Public District PK-4
3.7 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 $65,625. The most common annual income of people living in Newport, RI is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
31%
<35k
41%
35k-100k
23%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
62%
Single, No Kids
10%
Single, with Kids
16%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
4%
12-17 yrs old
36%
18-34 yrs old
39%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Continuing Education Courses
Soccer
Symphony or Opera
Where do the neighbors shop?
Express/Express For Men
Forever 21
Chico's
Where do the neighbors go to eat?
Qdoba
Dominos Pizza
Boston Market
What do the neighbors drive?
Volkswagen
Mazda
Volvo
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Talk/Personality
All data provided by Home Junction and Claritas
Similar homes for sale
$10,000 Closing Credit¹
#1366507, Listing Office: Teri Degnan RE & Consulting
Frequently asked questions
Living in Newport, RI
About 11 Newport Ave
This home is located at 11 Newport Ave in Newport, RI and zip code 02840. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 7, 2025 and is currently priced at $1,250,000.
In February 2025 more than 2 listings in Newport, RI were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 8 were sold below. In February 2025 in Newport, RI there were 8.5% more homes for sale than in January. In February 2025, listings were on the market for 77 days. During the same period, the median list price in this real estate market was $909,500.
From Rocket Homes Real Estate and based on county public records data.