$1,595,000

224 Gibbs Ave Newport, RI 02840

$10,000
Closing credit¹
3 beds
3 full, 1 partial
1,893 sqft
0.10 acres
$843 / sqft
House

Property details

About 224 Gibbs Ave

Turnkey 3-Bed, 3.5-Bath Home in the Heart of Newport, RI Located on sought-after Gibbs Avenue, this fully renovated single-family home offers the perfect blend of classic Newport charm and modern convenience. Featuring 3 spacious bedrooms each with its own ensuite bath this thoughtfully designed home includes a first-floor bedroom suite with an office, ideal for guests or single-level living as well as a cozy den between the two bedrooms on the second floor. Enjoy easy living with a move-in ready, turnkey layout that includes a stylish open-concept kitchen, hardwood and engineered floors, and updated systems throughout. Relax on the inviting front porch, entertain on the back deck, or unwind in the beautifully landscaped front yard. Additional highlights include a detached garage and a low-maintenance lot, making this a perfect option for downsizers seeking comfort and quality without compromise. Walking distance to Easton's pond, downtown Newport and Broadway. Don't miss this rare opportunity to own a turnkey gem in one of Newport's most desirable neighborhoods.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size1,893 sqft
BasementYes
Lot size0.1 Acres
Year built1925
ParkingDetached, Garage, Garage Door Opener
MLS #1384438
WaterfrontWaterfront
FireplaceGas

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Tankless Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Interior: Bathtub, Cathedral Ceiling(s), High Ceilings, Stall Shower, Tub Shower, Vaulted Ceiling(s), Cable TV
  • Fireplace: Gas
  • Total Bedroom Count: 3
  • Attached Garage: No
  • Parking: Detached, Garage, Garage Door Opener
  • Waterfront: Waterfront
  • Exterior: Deck, Porch
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • List Price: $1,595,000
  • Price/SqFt: $842
  • HOA Amount: $0
  • Annual Tax Amount: $10,651
  • Tax Year: 2024
  • Year Built: 1925
  • Stories: 2
  • Living Area: 1,893 SqFt
  • Lot Size: 0.1 Acres
  • MLS Number: 1384438
  • MLS Name: RIS
  • Office Name: Hogan Associates Christie's
  • Office Phone: (401) 662-1962

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: 5/23/2025, 5:20:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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224 Gibbs Ave, Newport, RI 02840 - view of front facade featuring covered porch, a standing seam roof, metal roof, and a fenced front yard

$1,595,000

224 Gibbs Ave

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$1,295,800$10,651
2023$844,100$8,373
2022$844,100$8,112
2021$844,100$7,875
2020$697,200$7,167
2019$697,200$7,167

History based on county public records data.

Nearby schools

4

Claiborne Pell Elementary School

Public District PK-4

1.0 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

4.1 mi

76 Melrose Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $75,493. The most common annual income of people living in Newport, RI is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

27%
<35k
35%
35k-100k
31%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

58%
Single, No Kids
6%
Single, with Kids
25%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
5%
12-17 yrs old
18%
18-34 yrs old
46%
35-64 yrs old
22%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • Hiking/backpackingHiking/backpacking
  • Yoga/pilatesYoga/pilates

Where do the neighbors shop?

  • Chico'sChico's
  • Nordstrom RackNordstrom Rack
  • H&MH&M

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • ChipotleChipotle
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • VolvoVolvo
  • MazdaMazda
  • AudiAudi

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • RockRock
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Newport, RI

Newport's transportation infrastructure supports both private and public transit options, with a network of roads and bridges connecting the city to the rest of Rhode Island and beyond. Public transportation services are available, providing connections to key areas within the city and to neighboring communities. The city is also bike-friendly, with several designated paths and lanes. For those without a vehicle, ride-sharing services are a popular choice for getting around.

The community benefits from a robust educational system, with a number of public and private schools providing a range of educational opportunities. Healthcare services are comprehensive, with local hospitals and clinics offering a variety of medical care options. Newport's public library system serves as a valuable resource for residents, and the city's array of shops and restaurants reflects the local culture, with an emphasis on seafood and coastal cuisine.

Newport is celebrated for its vibrant history and maritime culture, with the community taking pride in its well-preserved architecture and famous seaside attractions. The city's character is further enriched by annual events such as the Newport Jazz Festival and the Newport International Boat Show, which draw visitors from around the world and contribute to the area's lively atmosphere.

Newport's housing market is characterized by a blend of historic charm and modern luxury, with a significant presence of colonial and Victorian-style homes that reflect the city's rich history. The housing landscape is diverse, offering a mix of single-family homes, apartments, and townhouses. While the majority of homes are owner-occupied, there is also a substantial rental market catering to the city's seasonal population and year-round residents alike.

About 224 Gibbs Ave

The listing price of 224 Gibbs Ave property is $1,595,000.

The property 224 Gibbs Ave is a house located in Newport, Rhode Island, 02840.

Active Listing: 224 Gibbs Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 224 Gibbs Ave are: Claiborne Pell Elementary School (GreatSchools Rating 4/10), Joseph Gaudet Academy (GreatSchools Rating 5/10), Melrose Avenue School (GreatSchools Rating 7/10), Frank E. Thompson Middle School (GreatSchools Rating 3/10), Joseph H. Gaudet School (GreatSchools Rating 8/10), Lawn Avenue School (GreatSchools Rating 8/10), Middletown High School (GreatSchools Rating 4/10), Rogers High School (GreatSchools Rating 3/10), Portsmouth High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2024 is $10,651 (source: MLS/based on county public records data).

The property at 224 Gibbs Ave has 3 bedrooms and 3 full and 1 half bathrooms.

The property 224 Gibbs Ave is 1,893 SqFt (source: MLS/tax record).

The year of construction for 224 Gibbs Ave is 1925.

This home is located at 224 Gibbs Ave in Newport, RI and zip code 02840. This 1,893 square foot home, which was built in 1925, sits on a 0.10 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 13, 2025 and is currently priced at $1,595,000.

While more than 2 listings in Newport, RI in April 2025 were sold above asking price, there were more than 4 listings sold at asking price, and more than 12 were sold below. The inventory of homes for sale in Newport, RI between March and April 2025 increased by 40.6%. In April 2025 median list price was $925,000 and the average listing age was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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