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4 Dresser Street Newport, RI $ 1,550,000
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4 Dresser Street
$ 1,550,000
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4 Dresser Street

Newport, RI, 02840
$ 1,550,000
Bedrooms5 Baths3.1 Sq 2,525

Monthly Estimate*

$ 9,544

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Multi-Family Home for sale in Newport, RI

for $1,550,000 with 5 bedrooms and 3 full baths, 1 half bath. This 2,525 square foot home was built in 1900 on a lot size of 0.08.

Two-family gem with unlimited potential - this diamond in the rough is a rare find steps from the iconic Cliff Walk and minutes from shopping, dining and neighborhood amenities. Solid bones, new gas heating system in 2024 as well as new unit 2 appliances and flexible layout offer endless possibilities for owner-occupiers, investors, or someone ready to renovate and unlock significant value. Each unit features bright, airy rooms and classic architectural details waiting to be refreshed; imagine modern kitchens, spa-inspired baths, and thoughtful finishes that maximize rental income or create a luxurious two-family retreat. Off-street parking, a private yard, and proximity to waterfront complete the package. Bring your vision and tools - this property is poised for transformation into a standout coastal residence or high-return investment in one of the area's most desirable locations. Don't miss the chance to make this diamond shine. This property is being sold as-is.

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Multi-Family Active

Price

$ 1,550,000

Bedrooms

5

Full Bath

3

Half Bath

1

Property Type

Multi-Family

Taxes

$ 9,267

Style

Lot Size

0.08

Year Built

1900

Town/City

Newport

County/Region

Newport

MLS | Web ID

1413793
Features
General
Sewer Connected Public Sewer
Heating Baseboard Gas Steam
Cooling Window Unit(s)
Utilities Sewer Connected
Possession Close Through 45 Days
Garage Spaces 0
Patio/Porch Features Deck Porch
Construction Materials Drywall Shingle Siding
Year Built 1900
Electric 100 Amp Service Circuit Breakers
Property Subtype Multi Family
Tax Year 2025
Waterfront Features Walk to Water
Community Features Marina Near Hospital Near Schools Public Transportation Recreation Area Restaurant Shopping Tennis Court(s)
County Newport
Operating Expense 0
New Construction false
Property Type Residential Income
Garage Y/N false
Total Rooms 10
Full Baths 3
Status Active
City Newport
Senior Community Y/N false
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 3485
Land Lease Y/N false
Tax Annual Amount 9267
Structure Type Apartment
Standard Status Active
Tax Assessed Value 1066500
Tax Lot 054
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Interior
Interior Amenities Interior Steps Skylights Tub Shower
Basement Interior Entry Partial Unfinished
Flooring Hardwood Laminate
Total Fireplaces 0
Fireplace Features None
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Window Features Skylight(s)
Fireplace Y/N false
Half Baths 1
Laundry Features Common Area
Total Bedrooms 5
Total Baths 4
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Exterior
Exterior Amenities Deck Porch
Parking Features No Garage
Water Source Connected Public
Total Parking 2
Lot Size Area 3485
Foundation Details Concrete Perimeter
Number of Buildings 1
Building Area Total 2525
Lot Size Acres 0.08
Covered Spaces 0
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* Excluded Features
List By
Remax Revolution

Broker

chad@callchad.com

Email

Affordability Calculator

$10,316
Per Month
93%
7%
0%
Monthly Principal & Interest
$9,544
Monthly Property Taxes
$772
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
5/29/2026$1,550,000 Listed Price

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4 Dresser Street, Newport, RI, 02840 is a Multi-Family Home for sale at $1,550,000 with 2,525 sqft and a lot size of 0.08. 4 Dresser Street has 5 bedrooms, 3.1 baths, and was built in 1900. The property's zip code is 02840 which is in Newport, RI

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