$10,000 Closing Credit¹
#1375602, Listing Office: RE/MAX Results
$1,450,000 List price
5 Elliott Pl Newport, RI 02840
$10,000
Closing credit¹
8 beds
3 full
0.1 acres
Multi-Family
Property details
About 5 Elliott Pl
Nestled just off vibrant Broadway, this well-maintained 3-family home is a great opportunity in a sought-after location. The property offers two spacious 3-bedroom apartments and a beautifully updated 2-bedroom unit, all featuring modern upgrades. This home has also undergone major renovations including a newer roof, siding, windows, electrical, plumbing, and heating systems. Additional highlights include five off-street parking spaces, new EV charger, a two-car garage, and a charming deck and garden area. Boasting a strong rental history, close proximity to Broadway's restaurants and shops, convenient highway access, and it's location near the U.S. Naval War College, this turnkey property is an ideal choice for both investors and owner-occupants.
Highlights
Home typeMulti Family
HeatingNatural Gas, Hot Water, Oil
StatusActive
CoolingWindow Unit(s)
BasementYes
Lot size0.1244 Acres
Year built1870
ParkingDetached, Garage
MLS #1373599
FireplaceMasonry
Summary
- MLS Number: 1373599
- MLS Name: RIS
- Office Name: Edge Realty RI
- Office Phone: (401) 783-1007
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.
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$1,450,000
5 Elliott Pl
$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
0.4 mi
•35 Dexter St
5
Joseph Gaudet Academy
Public District 4-4
1.6 mi
•1113 Aquidneck Ave
7
Melrose Avenue School
Public District PK-4
4.0 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 $70,253. Most Newport, RI residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
25%
<35k
48%
35k-100k
24%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
52%
Single, No Kids
10%
Single, with Kids
23%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
6%
12-17 yrs old
22%
18-34 yrs old
45%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Yoga/pilates
Symphony or Opera
Where do the neighbors shop?
Nordstrom Rack
H&M
Chico's
Where do the neighbors go to eat?
Chipotle
Dominos Pizza
Boston Market
What do the neighbors drive?
Mazda
Audi
Volvo
What do the neighbors listen to?
Rock
Alternative
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Newport, RI
About 5 Elliott Pl
This home is located at 5 Elliott Pl in Newport, RI and zip code 02840. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 24, 2024 and is currently priced at $1,450,000.
While more than 2 listings in Newport, RI in February 2025 were sold above asking price, there were more than 3 listings sold at asking price, and more than 8 were sold below. The number of homes for sale in Newport, RI increased by 8.5% between January and February 2025. While the average time on the market in February 2025 was 77 days, the median list price was $909,500.
From Rocket Homes Real Estate and based on county public records data.