Redfin is joining Rocket

Discover how we're simplifying your journey home.

$2,750,000

33 Kay St Newport, RI 02840

6 beds
4 full, 1 partial
0.5 acres
Multi-Family

Property details

About 33 Kay St

Owned by the same family for nearly 100 years, this stately Victorian offers a wide range of development possibilities including continued use as a rental property, conversion to condominiums or restoration back to a magnificent single-family estate. The half-acre grounds front on both Kay St and Bowler Ln, offering rare space in this historic district perfect for adding a pool, pool house, or guest cottage. Construction of additional, freestanding dwelling units may also be possible with a special use permit and historic district approval. The 3rd floor offers an additional 1,400 sf of unfinished space with deep dormers and cathedral ceiling. Built in 1855 by Job Almy Peckham then owner of Newport's largest lumberyard 33 Kay Street is one of a trio of homes characterized by wide gables, intricate double brackets, and elegant decorative columns framing a generous entry porch. Inside, soaring ceilings, exquisite period moldings, and eight fireplaces speak to the craftsmanship and architectural sensibilities of the era. 33 Kay Street is a remarkable opportunity to own a piece of Newport's architectural heritage for investment or personal use.

Highlights

Home typeMulti Family
HeatingBaseboard, Natural Gas, Hot Water
StatusActive
BasementYes
Lot size0.5333 Acres
Year built1855
ParkingNo Garage
MLS #1385944
WaterfrontWaterfront
FireplaceMasonry

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Carpet
  • Interior: Attic, Bathtub, Permanent Attic Stairs, Storage, Skylights, Stall Shower, Tub Shower, Cable TV
  • Fireplace: Masonry
  • Total Bedroom Count: 6
  • Parking: No Garage
  • Waterfront: Waterfront
  • Exterior: Porch, Paved Driveway
  • Heating: Baseboard, Natural Gas, Hot Water
  • Cooling: None
  • List Price: $2,750,000
  • Annual Tax Amount: $16,006
  • Tax Year: 2024
  • Year Built: 1855
  • Lot Size: 0.5333 Acres
  • MLS Number: 1385944
  • MLS Name: RIS
  • Office Name: Hogan Associates Christie's
  • Office Phone: (401) 641-4608

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: 7/5/2025, 8:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

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

Tax history

YearAssessmentProperty Tax
2024$1,947,200$16,006
2023$1,347,200$13,364
2022$1,347,200$12,947
2021$1,347,200$12,569
2020$1,076,100$11,062
2019$1,076,100$11,062

History based on county public records data.

Nearby schools

4

Claiborne Pell Elementary School

Public District PK-4

1.3 mi

35 Dexter St

5

Joseph Gaudet Academy

Public District 4-4

2.5 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $75,493. Residents of Newport, RI typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically 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

Similar homes for sale

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 33 Kay St

The listing price of 33 Kay St property is $2,750,000.

The property 33 Kay St is a multi located in Newport, Rhode Island, 02840.

Active Listing: 33 Kay St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 33 Kay St 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), Rogers High School (GreatSchools Rating 3/10), Middletown High School (GreatSchools Rating 4/10), North Kingstown High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2024 is $16,006 (source: MLS/based on county public records data).

The year of construction for 33 Kay St is 1855.

This home is located at 33 Kay St in Newport, RI and zip code 02840. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 1, 2025 and is currently priced at $2,750,000.

Newport, RI housing market in June 2025 saw over 5 listings sold above listed price, more than 5 sold at listed price and over 14 sold below. The number of listings in Newport, RI increased by 23.7% between May and June 2025. In June 2025 median list price was $958,750 and the average listing age was 41 days.

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

More resources