$1,600,000

85 Mill St Newport, RI 02840

$10,000
Closing credit¹
6 beds
4 full
0.06 acres
Multi-Family

Property details

About 85 Mill St

Own a piece of true Newport history here in the Historic Hill with a full three family with over 2,700SF of living space a parking space and a yard. Well maintained home includes 6 bedrooms and 4 bathrooms across three separated living areas. Generating solid income with excellent upside or the potential to become your dream Newport estate. As in town as you can get with the Old Stone Mill, Viking Hotel & Trinity Church all within 500 feet. Downtown restaurants, Bellevue shopping, Newport's history and charm are all within a short morning stroll. A truly great Newport investment.

Highlights

Home typeMulti Family
HeatingBaseboard, Natural Gas, Oil
StatusActive
CoolingWindow Unit(s)
BasementYes
Lot size0.0646 Acres
Year built1890
ParkingNo Garage
MLS #1383583
WaterfrontWaterfront

Summary

  • Full Bathrooms: 4
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Tub Shower
  • Total Bedroom Count: 6
  • Parking: No Garage
  • Waterfront: Waterfront
  • Heating: Baseboard, Natural Gas, Oil
  • Cooling: Window Unit(s)
  • List Price: $1,600,000
  • Annual Tax Amount: $7,512
  • Tax Year: 2024
  • Year Built: 1890
  • Lot Size: 0.0646 Acres
  • MLS Number: 1383583
  • MLS Name: RIS
  • Office Name: Hogan Associates Christie's
  • Office Phone: (401) 484-7368

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: 6/12/2025, 6:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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85 Mill St, Newport, RI 02840 - view of front of property

$1,600,000

85 Mill St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 29, 2017
Home Sold
$765,000

Tax history

YearAssessmentProperty Tax
2024$913,900$7,512
2023$578,000$5,734
2022$578,000$5,555
2021$578,000$5,393
2020$549,200$5,646
2019$528,500$8,149

History based on county public records data.

Nearby schools

4

Claiborne Pell Elementary School

Public District PK-4

1.6 mi

35 Dexter St

5

Joseph Gaudet Academy

Public District 4-4

2.8 mi

1113 Aquidneck Ave

7

Melrose Avenue School

Public District PK-4

3.7 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 $71,642. The majority of Newport, RI residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

23%
<35k
40%
35k-100k
30%
100k-200k
7%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

67%
Single, No Kids
3%
Single, with Kids
23%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
2%
12-17 yrs old
35%
18-34 yrs old
34%
35-64 yrs old
23%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

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

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • Boston MarketBoston Market
  • ChipotleChipotle

What do the neighbors drive?

  • AudiAudi
  • VolvoVolvo
  • MazdaMazda

What do the neighbors listen to?

  • AlternativeAlternative
  • Talk/PersonalityTalk/Personality
  • 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 85 Mill St

The listing price of 85 Mill St property is $1,600,000.

The property 85 Mill St is a multi located in Newport, Rhode Island, 02840.

Active Listing: 85 Mill St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 85 Mill 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 $7,512 (source: MLS/based on county public records data).

The last sale was on September 29, 2017 for $765,000 (source: MLS/tax record).

The year of construction for 85 Mill St is 1890.

This home is located at 85 Mill St in Newport, RI and zip code 02840. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 7, 2025 and is currently priced at $1,600,000.

Over 7 listings were sold over their listed price in May 2025 in Newport, RI. In the same period over 11 listings were sold below the listed price and 0 listings were sold for the listed price. The number of listings in Newport, RI increased by 34.8% between April and May 2025. In May 2025, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $965,000.

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

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