Redfin is joining Rocket

Discover how we're simplifying your journey home.

$1,500,000

571 Spring St Newport, RI 02840

8 beds
3 full
0.1 acres
Multi-Family

Property details

About 571 Spring St

Don't miss this Morton Park beautiful multi-family home with large living spaces. The property provides 3 units. The first floor unit has a separate/private entrance, 3 beds/1 bath, a large living room and a spacious kitchen and dining area. The second floor unit also has 3 beds/1 bath, living room and an eat-in kitchen. These two units have high ceilings and tall windows. The third floor has a large entry, 2 bedrooms/1 bath with laundry, living room. Lovely private garden in rear. Newport attracts roughly 4 million visitors annually, which means there's a global interest in living in this historic, exciting coastal city. Close to Salve Regina University, the location is right in the heart of the city with equal access to gorgeous beaches, fabulous seafood restaurants, historic mansions, museums, fine dining, cafes, and Newport's robust sailing community.

Highlights

Home typeMulti Family
HeatingBaseboard, Forced Air, Natural Gas, Hot Water, Oil
StatusActive
BasementYes
Lot size0.13 Acres
Year built1896
ParkingNo Garage
MLS #1389848
WaterfrontWaterfront
FireplaceMarble

Summary

  • Full Bathrooms: 3
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Gas Water Heater, Microwave, Oven, Water Heater, Range, Refrigerator, Tankless Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Laminate, Vinyl
  • Interior: Stall Shower, Tub Shower
  • Fireplace: Marble
  • Total Bedroom Count: 8
  • Parking: No Garage
  • Waterfront: Waterfront
  • Heating: Baseboard, Forced Air, Natural Gas, Hot Water, Oil
  • Cooling: None
  • List Price: $1,500,000
  • Annual Tax Amount: $8,944
  • Tax Year: 2024
  • Year Built: 1896
  • Lot Size: 0.13 Acres
  • MLS Number: 1389848
  • MLS Name: RIS
  • Office Name: Residential Properties Ltd.
  • Office Phone: (401) 245-9600

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: 7/16/2025, 10:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Dec 31, 2020
Home Sold
$675,000
Dec 30, 2003
Home Sold
$495,000

Tax history

YearAssessmentProperty Tax
2024$1,088,100$8,944
2023$694,700$6,891
2022$694,700$6,676
2021$694,700$6,482
2020$637,500$6,554
2019$637,500$6,554

History based on county public records data.

Nearby schools

4

Claiborne Pell Elementary School

Public District PK-4

2.4 mi

35 Dexter St

5

Joseph Gaudet Academy

Public District 4-4

3.5 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 $78,853. Residents of Newport, RI typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

17%
<35k
54%
35k-100k
27%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

61%
Single, No Kids
7%
Single, with Kids
19%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
5%
12-17 yrs old
30%
18-34 yrs old
40%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • Yoga/pilatesYoga/pilates
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • Chico'sChico's
  • H&MH&M
  • New York & CompanyNew York & Company

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • Dominos PizzaDominos Pizza
  • QdobaQdoba

What do the neighbors drive?

  • VolvoVolvo
  • AudiAudi
  • InfinitiInfiniti

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • AlternativeAlternative
  • Active RockActive Rock
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 571 Spring St

The listing price of 571 Spring St property is $1,500,000.

The property 571 Spring St is a multi located in Newport, Rhode Island, 02840.

Active Listing: 571 Spring St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 571 Spring 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), Narragansett High School (GreatSchools Rating 8/10).

According to the records, the last property tax for 2024 is $8,944 (source: MLS/based on county public records data).

The last sale was on December 31, 2020 for $675,000 (source: MLS/tax record).

The year of construction for 571 Spring St is 1896.

This home is located at 571 Spring St in Newport, RI and zip code 02840. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 15, 2025 and is currently priced at $1,500,000.

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 inventory of homes for sale in Newport, RI between May and June 2025 increased by 23.7%. 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