32 Houston Avenue Newport, RI $ 1,395,000
32 Houston Avenue
$ 1,395,000
Recently Listed
Open House 2/22 11am - 1pm
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32 Houston Avenue

Newport, RI, 02840
$ 1,395,000
Bedrooms5 Baths3.0 Sq 2,552

Monthly Estimate*

$ 8,589

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Multi-Family Home for sale in Newport, RI

for $1,395,000 with 5 bedrooms and 3 full baths. This 2,552 square foot home was built in 1880 on a lot size of 0.1952.

Located in Newport's beloved Fifth Ward, this three-family property sits on an 8,000+ square foot lot just steps from the harbor and King Park. Enjoy easy access to downtown, waterfront, bars, restaurants, shops and nearby beaches, all from one of the city's most walkable neighborhoods. The first-floor unit is a recently updated three-bedroom apartment featuring in-unit laundry. The second and third floors each offer well-maintained one-bedroom units, with shared laundry available in the basement. Two of the three units currently have leases in place. Whether you maintain the property as a multi-family investment, renovate to increase rental potential, or explore a conversion to a large single-family residence, this property offers plenty of options. The oversized lot provides plenty of off-street parking along with room for future expansion or improvements. A rare opportunity in a prime location with strong future potential.

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Open House

2/22/2026 11:00 AM - 1:00 PM
32 Houston Avenue Newport, RI
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 1,395,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 9,402

Style

Lot Size

0.1952

Year Built

1880

Town/City

Newport

County/Region

Newport

MLS | Web ID

1404910

List By
Re/Max Results

Broker

TylerB@resultswithremax.com

Email

Affordability Calculator

$9,373
Per Month
92%
8%
0%
Monthly Principal & Interest
$8,589
Monthly Property Taxes
$784
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
2/19/2026$1,395,000 Listed Price

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32 Houston Avenue, Newport, RI, 02840 is a Multi-Family Home for sale at $1,395,000 with 2,552 sqft and a lot size of 0.1952. 32 Houston Avenue has 5 bedrooms, 3.0 baths, and was built in 1880. The property's zip code is 02840 which is in Newport, RI