$419,000

55 Homer St Unit B Newport, RI 02840

$4,976
Closing credit¹
2 beds
1 full, 1 partial
980 sqft
$428 / sqft
Condo

Property details

About 55 Homer St Unit B

Tucked away at the end of a quiet dead-end street in a private compound, this rare and affordable 2-bedroom townhouse-style condominium offers the perfect blend of privacy and convenience in Newport's desirable North End. Step inside to a sun-filled living room that flows effortlessly into an eat-in kitchen. Upstairs, you'll find two comfortable bedrooms, including a generously sized primary bedroom. This home lives like a single-family house, with the low-maintenance benefits of condo living. Enjoy the comfort of efficient gas heating, a full washer and dryer, and two assigned off-street parking spots. Outside, discover charming, landscaped front and back yards, fully fenced for privacy perfect for gardening, relaxing, or giving pets space to play. The pet-friendly community offers a neighborly feel with low monthly fees, making it a smart choice for first-time buyers, downsizers, or investors. With low monthly fees, this condo is a cost-effective choice whether you're starting out, downsizing, or looking for a solid investment property. Just minutes from downtown NAVSTA, downtown Newport, and a quick drive to the bridge.

Highlights

Home typeCondominium
HeatingBaseboard, Natural Gas
StatusActive
CoolingWall Unit(s)
Size980 sqft
Year built1989
ParkingAssigned, No Garage
MLS #1386805
WaterfrontWaterfront

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Flooring Type: Ceramic Tile, Laminate
  • Interior: Attic, Tub Shower, Cable TV
  • Fireplace: None
  • Total Bedroom Count: 2
  • Parking: Assigned, No Garage
  • Waterfront: Waterfront
  • Exterior: Deck
  • Heating: Baseboard, Natural Gas
  • Cooling: Wall Unit(s)
  • List Price: $419,000
  • Price/SqFt: $427
  • HOA Amount: $100 Monthly
  • Lot: Paved
  • Year Built: 1989
  • Stories: 2
  • Living Area: 980 SqFt
  • MLS Number: 1386805
  • MLS Name: RIS
  • Office Name: Hogan Associates Christie's
  • Office Phone: (401) 556-9563

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: 6/6/2025, 9:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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55 Homer St Unit B, Newport, RI 02840 - view of yard

$419,000

55 Homer St Unit B

$4,976

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

0.6 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

3.5 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 $51,095. The majority of Newport, RI residents have income less than $<35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

39%
<35k
39%
35k-100k
18%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

52%
Single, No Kids
19%
Single, with Kids
19%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
10%
12-17 yrs old
22%
18-34 yrs old
41%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Continuing Education CoursesContinuing Education Courses
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • BurlingtonBurlington
  • Express/Express For MenExpress/Express For Men
  • Chico'sChico's

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • QdobaQdoba
  • Bob EvansBob Evans

What do the neighbors drive?

  • DodgeDodge
  • VolkswagenVolkswagen
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • NewsNews
  • RockRock
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 55 Homer St Unit B

The listing price of 55 Homer St Unit B property is $419,000.

The property 55 Homer St Unit B is a condo located in Newport, Rhode Island, 02840.

Active Listing: 55 Homer St Unit B is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 55 Homer St Unit B 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), North Kingstown High School (GreatSchools Rating 7/10).

The property at 55 Homer St Unit B has 2 bedrooms and 1 full and 1 half bathrooms.

The property 55 Homer St Unit B is 980 SqFt (source: MLS/tax record).

The year of construction for 55 Homer St Unit B is 1989.

This home is located at 55 Homer St Unit B in Newport, RI and zip code 02840. This 980 square foot home was built in 1989. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 4, 2025 and is currently priced at $419,000.

While more than 7 listings in Newport, RI in May 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 11 were sold below. In May 2025 in Newport, RI there were 34.8% more homes for sale than in April. Listings spent 28 days on the market in May 2025, and had a median list price of $965,000 during the same period.

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

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