$10,000 Closing Credit¹
#1375602, Listing Office: RE/MAX Results
$2,200,000 List price
130 Spring St Newport, RI 02840
$10,000
Closing credit¹
9 beds
5 full
0.2 acres
Multi-Family
Property details
About 130 Spring St
130-132 Spring St is a classic historic Newport building in the heart of downtown with two 1st floor retail spaces combined and 4 residential apartments upstairs. The building is fully occupied and has 5 parking space. Use is versatile since it is located in a general business zone. Kitchens and baths have been updated, the building exterior was just painted in August 2024. Two of the units are turnkey with furnishings too. Strong rental history and also a solid candidate for a condo conversion. Steps away from all the bustling activity.
Highlights
Home typeMulti Family
HeatingCentral, Electric, Forced Air, Natural Gas, Other, Space Heater(s), Zoned
StatusActive
CoolingNone, Wall Unit(s), Central Air
Lot size0.17 Acres
Year built1849
ParkingNo Garage
MLS #1366507
Summary
- MLS Number: 1366507
- MLS Name: RIS
- Office Name: Teri Degnan RE & Consulting
- Office Phone: (401) 619-8222
- Office Email: teri@teridegnan.com
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: 4/17/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,200,000
130 Spring St
$10,000
closing credit¹
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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
1.5 mi
•35 Dexter St
5
Joseph Gaudet Academy
Public District 4-4
2.8 mi
•1113 Aquidneck Ave
7
Melrose Avenue School
Public District PK-4
3.6 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 $61,111. The most common annual income of people living in Newport, RI is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
30%
<35k
48%
35k-100k
16%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
70%
Single, No Kids
4%
Single, with Kids
19%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
2%
12-17 yrs old
31%
18-34 yrs old
44%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Yoga/pilates
Symphony or Opera
Continuing Education Courses
Where do the neighbors shop?
H&M
Chico's
Express/Express For Men
Where do the neighbors go to eat?
Dominos Pizza
Boston Market
Qdoba
What do the neighbors drive?
Audi
Volvo
Volkswagen
What do the neighbors listen to?
Alternative
Talk/Personality
Urban Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Newport, RI
About 130 Spring St
This home is located at 130 Spring St in Newport, RI and zip code 02840. Features: 9 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $2,200,000.
In March 2025 more than 3 listings in Newport, RI were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 6 were sold below. Between February and March 2025, Newport, RI real estate market has seen increase in the number of listings by 4.5%. Listings spent 35 days on the market in March 2025, and had a median list price of $914,750 during the same period.
From Rocket Homes Real Estate and based on county public records data.