73 Old Fort Road Newport, RI $ 985,000
73 Old Fort Road
$ 985,000
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73 Old Fort Road

Newport, RI, 02840
$ 985,000
Bedrooms4 Baths2.0 Sq 1,865

Monthly Estimate*

$ 6,065

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Multi-Family Home for sale in Newport, RI

for $985,000 with 4 bedrooms and 2 full baths. This 1,865 square foot home was built in 1918 on a lot size of 0.131.

Located in Newport's highly sought-after 5th Ward, this well-maintained side-by-side duplex offers exceptional convenience and desirable rental or owner-occupant potential. Just a short walk to the heart of downtown, public parks, and nearby beach access, this property delivers the best of coastal living. Each spacious townhouse-style unit features 2 bedrooms and 1 full bath, a "flex room" for potential office space or other use, and an open concept living, dining and kitchen area. The home boasts a newer roof, updated front and rear decks, and generous natural light. Sitting on a large lot, the property includes a substantial backyard, a rare find in this neighborhood, along with 1 detached garage, providing ample outdoor storage. Whether you're looking to expand your investment portfolio or enjoy living in one unit while renting the other, this duplex combines modern comfort with unbeatable walkability in one of Newport's most popular districts. A strong opportunity in a prime coastal location. This home is being sold "As Is"

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Multi-Family Pending

Price

$ 985,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,550

Style

Lot Size

0.131

Year Built

1918

Town/City

Newport

County/Region

Newport

MLS | Web ID

1400679

Features
General
Sewer Public Sewer
Heating Baseboard Electric Forced Air Gas Other Zoned Pellet Stove
Cooling None
Possession Negotiable
Zoning R10
Garage Spaces 1
Construction Materials Drywall Plaster Shingle Siding
Year Built 1918
Electric 200+ Amp Service
Property Subtype Multi Family
Tax Year 2025
Waterfront Features Walk to Water
Community Features Golf Marina Near Hospital Near Schools Pool Public Transportation Recreation Area Restaurant Shopping Tennis Court(s)
County Newport
Operating Expense 0
New Construction false
Property Type Residential Income
Attached Garage false
Subdivision Name Ruggles Ave
Garage Y/N true
Total Rooms 8
Full Baths 2
Status Pending
City Newport
Senior Community Y/N false
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 5706
Land Lease Y/N false
Tax Annual Amount 4550
Virtual Tour https://tour.RiLiving.com/73-Old-Fort-Road-Newport-RI-02840
Standard Status Pending
Tax Assessed Value 911400
Tax Lot 131
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Interior
Interior Amenities Attic Interior Steps Storage Tub Shower
Basement Exterior Entry Full Interior Entry Partially Finished
Flooring Hardwood Laminate Carpet
Total Fireplaces 0
Fireplace Features Insert
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features In Unit
Total Bedrooms 4
Total Baths 2
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Exterior
Parking Features Detached Garage
Water Source Public
Total Parking 5
Inclusions This sale excludes the personal property of the current tenants including all furniture cookware/kitchen items bathroom items etc. The sale excludes the refrigerator from #73. The sale includes all other appliances.
Lot Size Area 5706
Foundation Details Combination
Number of Buildings 2
Building Area Total 1865
Lot Size Acres 0.131
Covered Spaces 1
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* Excluded Features
List By
Residential Properties Ltd.

Broker

nhurney@residentialproperties.com

Email

Affordability Calculator

$6,444
Per Month
94%
6%
0%
Monthly Principal & Interest
$6,065
Monthly Property Taxes
$379
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
12/19/2025$985,000 -10.45% Price Down
12/10/2025$1,100,000 Listed Price

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73 Old Fort Road, Newport, RI, 02840 is a Multi-Family Home for sale at $985,000 with 1,865 sqft and a lot size of 0.131. 73 Old Fort Road has 4 bedrooms, 2.0 baths, and was built in 1918. The property's zip code is 02840 which is in Newport, RI