32 Houston Avenue Newport, RI $ 1,395,000
32 Houston Avenue
$ 1,395,000
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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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View a Virtual Tour

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 8,500+ 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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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

Features
General
Sewer Connected Public Sewer
Heating Baseboard Gas Hot Water
Cooling Window Unit(s)
Utilities Sewer Connected
Possession Close Through 45 Days Negotiable Rental Agreement
Zoning R10
Garage Spaces 0
Construction Materials Drywall Vinyl Siding
Year Built 1880
Electric 200+ Amp Service
Tenant Pays Hot Water
Property Subtype Multi Family
Tax Year 2025
Waterfront Features Walk to Water
Community Features Marina Pool Recreation Area Restaurant Shopping
County Newport
Operating Expense 0
New Construction false
Property Type Residential Income
Subdivision Name Fifth Ward
Garage Y/N false
Total Rooms 13
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 8502
Land Lease Y/N false
Tax Annual Amount 9402
Virtual Tour https://tour.RiLiving.com/32-Houston-Avenue-Newport-RI-02840
Standard Status Active
Tax Assessed Value 1082100
Tax Lot 303
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Interior
Interior Amenities Tub Shower Furnished
Basement Full Unfinished Walk-Out Access
Flooring Vinyl
Furnished Y/N Furnished
Total Fireplaces 0
Fireplace Features None
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Common Area In Unit
Total Bedrooms 5
Total Baths 3
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Exterior
Parking Features No Garage
Water Source Connected Public
Total Parking 8
Lot Size Area 8502
Foundation Details Combination
Number of Buildings 1
Building Area Total 2552
Lot Size Acres 0.1952
Covered Spaces 0
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* Excluded Features
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

Map


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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