74 Third Street Newport, RI $ 1,400,000
74 Third Street
$ 1,400,000
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74 Third Street

Newport, RI, 02840
$ 1,400,000
Bedrooms5 Baths3.0 Sq 2,313

Monthly Estimate*

$ 8,620

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Multi-Family Home for sale in Newport, RI

for $1,400,000 with 5 bedrooms and 3 full baths. This 2,313 square foot home was built in 1900 on a lot size of 0.0517.

Create your coastal dream home in one of Newport's most charming neighborhoods. Located in Historic Point, the property includes a 2-unit main residence, easily convertible into a single-family home, as well as a bonus converted-barn outbuilding to customize and adapt into guest quarters, a creative studio, a home office, or whatever your heart desires. The main house's first level is a 1-bedroom unit including a bonus room, usable as an office or smaller guest space, a full bath, eat-in kitchen, and living room. The second and third floor make up the home's second unit with 4 bedrooms total (2 per floor) and 2 full baths (one per floor). Discover the second floor's welcoming living room, dining room, kitchen, and laundry, along with the third floor's sweet private deck. With period details and a layout equally suited for open-concept or private quarters, this house has the flexibility to truly become your home. With one off-street parking spot and a mature perennial garden featured on Newport's Secret Garden Tour, you can enjoy a beautiful world of your own but best of all, you'll be unbelievably close to the heart of Newport, including the waterfront, Battery Park, Broadway restaurants, and downtown shopping.

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Multi-Family Active

Price

$ 1,400,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 7,558

Style

Lot Size

0.0517

Year Built

1900

Town/City

Newport

County/Region

Newport

MLS | Web ID

1385762

Features
General
Sewer Connected
Heating Gas Hot Water
Cooling Ductless Wall Unit(s)
Utilities Sewer Connected
Possession Close Through 45 Days Negotiable
Garage Spaces 0
Patio/Porch Features Deck Patio
Construction Materials Drywall Plaster Clapboard Masonry
Year Built 1900
Electric Separate Meters
Tenant Pays Hot Water
Property Subtype Multi Family
Tax Year 2024
Business Type Other
Waterfront Features Walk to Water
Community Features Golf Highway Access Marina Near Hospital Near Schools Public Transportation Recreation Area Restaurant Shopping Tennis Court(s) Sidewalks
County Newport
Operating Expense 18000
New Construction false
Property Type Residential Income
Subdivision Name The Point
Garage Y/N false
Other Structures Guest House Outbuilding
Total Rooms 11
Full Baths 3
Status Active
City Newport
Green Location Public Transportation Walkability
Senior Community Y/N false
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 2250
Land Lease Y/N false
Tax Annual Amount 7558
Virtual Tour https://youtu.be/U6hGvVrsLXI
Standard Status Active
Tax Assessed Value 1084400
Tax Lot 012
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Interior
Interior Amenities Bathtub Dry Bar Interior Steps Skylights Tub Shower Cable TV
Basement Exterior Entry Full Interior Entry Unfinished
Flooring Ceramic Tile Hardwood Laminate Wood Carpet
Total Fireplaces 0
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Window Features Skylight(s)
Fireplace Y/N false
Half Baths 0
Laundry Features Common Area
Total Bedrooms 5
Total Baths 3
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Exterior
Exterior Amenities Deck Patio
Parking Features No Garage
Water Source Connected Multiple Meters
Total Parking 2
Lot Size Area 2250
Foundation Details Stone
Number of Buildings 2
Building Area Total 2313
Lot Size Acres 0.0517
Covered Spaces 0
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* Excluded Features
List By
Residential Properties Ltd.

Broker

mferris@residentialproperties.com

Email

Affordability Calculator

$9,250
Per Month
93%
7%
0%
Monthly Principal & Interest
$8,620
Monthly Property Taxes
$630
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
7/24/2025$1,400,000 -6.67% Price Down
6/6/2025$1,500,000 Listed Price

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74 Third Street, Newport, RI, 02840 is a Multi-Family Home for sale at $1,400,000 with 2,313 sqft and a lot size of 0.0517. 74 Third Street has 5 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 02840 which is in Newport, RI