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5 Elliot Place Newport, RI $ 1,425,000
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$ 1,425,000 Get more info
5 Elliot Place
$ 1,425,000
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5 Elliot Place

Newport, RI, 02840
$ 1,425,000
Bedrooms8 Baths3.0 Sq 3,358

Monthly Estimate*

$ 8,774

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Multi-Family Home for sale in Newport, RI

for $1,425,000 with 8 bedrooms and 3 full baths. This 3,358 square foot home was built in 1870 on a lot size of 0.124.

Excellent investment opportunity in Newport's sought-after Upper Broadway neighborhood. This well-maintained Victorian three-family offers over 3,300 sq. ft. of living space and blends historic character with smart updates, including a newer roof, siding, windows, and utilities. Each unit features high ceilings, great natural light, and strong rental potential. Flexible options to occupy one unit or lease all three. Prime location within walking distance to Broadway's restaurants, caf s, and shops. A rare chance to own a solid, income-producing property in one of Newport's most desirable markets.

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Multi-Family Active

Price

$ 1,425,000

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 7,370

Style

Lot Size

0.124

Year Built

1870

Town/City

Newport

County/Region

Newport

MLS | Web ID

1399953
Features
General
Sewer Public Sewer
Heating Baseboard Gas Oil
Cooling Window Unit(s)
Possession Negotiable
Zoning R10
Garage Spaces 2
Construction Materials Clapboard
Year Built 1870
Electric 200+ Amp Service
Property Subtype Multi Family
Tax Year 2025
Community Features Highway Access Near Hospital Near Schools Public Transportation Restaurant Shopping Tennis Court(s)
County Newport
Operating Expense 0
New Construction false
Property Type Residential Income
Attached Garage false
Subdivision Name North End/Broadway
Garage Y/N true
Total Rooms 18
Full Baths 3
Status Active
City Newport
Senior Community Y/N false
Number Of Units Total 3
Lot Size Units Square Feet
Lot Size Square Feet 5401
Land Lease Y/N false
Tax Annual Amount 7370
Virtual Tour https://tour.RiLiving.com/5-Elliot-Place-Newport-RI-02840
Standard Status Active
Tax Assessed Value 848300
Tax Lot 130
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Interior
Interior Amenities Tub Shower Furnished
Basement Exterior Entry Full Interior Entry Unfinished
Flooring Hardwood
Furnished Y/N Furnished
Total Fireplaces 3
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 0
Laundry Features Common Area In Unit
Total Bedrooms 8
Total Baths 3
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Exterior
Exterior Amenities Paved Driveway
Parking Features Detached Garage
Water Source Public
Total Parking 6
Lot Size Area 5401
Number of Buildings 2
Building Area Total 3358
Lot Size Acres 0.124
Covered Spaces 2
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* Excluded Features
List By
Serhant Rhode Island

Broker

alexnunes@serhant.com

Email

Affordability Calculator

$9,388
Per Month
93%
7%
0%
Monthly Principal & Interest
$8,774
Monthly Property Taxes
$614
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
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Pricing History
DatePricePrice ChangeDescription
2/27/2026$1,425,000 -1.72% Price Down
11/12/2025$1,450,000 Listed Price

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5 Elliot Place, Newport, RI, 02840 is a Multi-Family Home for sale at $1,425,000 with 3,358 sqft and a lot size of 0.124. 5 Elliot Place has 8 bedrooms, 3.0 baths, and was built in 1870. The property's zip code is 02840 which is in Newport, RI

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