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68 Old Fort Road Newport, RI $ 990,000
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$ 990,000 Get more info
68 Old Fort Road
$ 990,000
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68 Old Fort Road

Newport, RI, 02840
$ 990,000
Bedrooms3 Baths2.0 Sq 1,762

Monthly Estimate*

$ 6,096

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Multi-Family Home for sale in Newport, RI

for $990,000 with 3 bedrooms and 2 full baths. This 1,762 square foot home was built in 1920 on a lot size of 0.1949.

Exceptional investment! Unlock the potential of this duplex that sits on a coveted oversized lot in the heart of the desirable 5th Ward. Situated on a prominent corner lot, this property is a diamond in the rough. Perfect for an investor or savvy homeowner ready to restore its classic character. Just steps from King Park and the Newport Harbor, this property perfectly blends a coastal lifestyle with urban convenience. There is a 3-car garage and ample off street parking, a rare find in this historic neighborhood. The existing garage structure offers an ideal footprint for a potential Accessory Dwelling Unit or modifications can be made to the home itself. Perfect as a high yield rental or a primary home with income potential. Don't miss this opportunity to own a versatile property in one of Newport's premier locations. Maximize your returns! The property offers significant value-add potential!

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Multi-Family Active

Price

$ 990,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 8,441

Style

Lot Size

0.1949

Year Built

1920

Town/City

Newport

County/Region

Newport

MLS | Web ID

1409750
Features
General
Sewer Connected Public Sewer
Heating Gas
Cooling None
Utilities Sewer Connected
Possession Close Through 45 Days
Zoning R10
Garage Spaces 3
Patio/Porch Features Patio
Construction Materials Plaster Clapboard Shingle Siding Wood Siding
Year Built 1920
Electric 100 Amp Service
Property Subtype Multi Family
Tax Year 2025
Community Features Near Schools Pool Public Transportation Recreation Area Restaurant Shopping Tennis Court(s) Sidewalks
County Newport
Operating Expense 0
New Construction false
Property Type Residential Income
Attached Garage true
Subdivision Name Fifth Ward
Garage Y/N true
Total Rooms 8
Full Baths 2
Status Active
City Newport
Senior Community Y/N false
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 8490
Land Lease Y/N false
Tax Annual Amount 8441
Property Condition Fixer
Standard Status Active
Tax Assessed Value 971500
Tax Lot 127
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Interior
Interior Amenities Interior Steps Tub Shower
Basement Full Interior Entry Unfinished
Flooring Ceramic Tile Hardwood Vinyl Carpet
Total Fireplaces 1
Fireplace Features Stone
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N true
Half Baths 0
Total Bedrooms 3
Total Baths 2
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Exterior
Exterior Amenities Patio Paved Driveway
Parking Features Built In Detached Garage
Lot Features Corner Lot
Water Source Connected Public
Total Parking 5
Inclusions In the event that as of the Closing Date the Rhode Island Estate Tax Lien on the Seller's real estate has not been released Buyer agrees to close and accept title subject to the lien if the Buyer's title insurance company receives satisfactory proof that the tax has been paid and agrees to accept an escrow of 50% of the amount of the tax until the lien is released or if no tax is due an escrow of $3 000.00. The property is an estate sale and the owner has limited knowledge of historical expenses and rental history.
Lot Size Area 8490
Foundation Details Concrete Perimeter
Number of Buildings 1
Building Area Total 1762
Lot Size Acres 0.1949
Frontage Length 129
Covered Spaces 3
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* Excluded Features
List By
Homes By Connect

Broker

karendill27@aol.com

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Affordability Calculator

$6,799
Per Month
90%
10%
0%
Monthly Principal & Interest
$6,096
Monthly Property Taxes
$703
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
4/17/2026$990,000 Listed Price

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68 Old Fort Road, Newport, RI, 02840 is a Multi-Family Home for sale at $990,000 with 1,762 sqft and a lot size of 0.1949. 68 Old Fort Road has 3 bedrooms, 2.0 baths, and was built in 1920. The property's zip code is 02840 which is in Newport, RI

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