7 Princeton Street Newport, RI $ 749,000
7 Princeton Street
$ 749,000
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7 Princeton Street

Newport, RI, 02840
$ 749,000
Bedrooms4 Baths2.0 Sq 3,978

Monthly Estimate*

$ 5,173

7 Princeton Street, Newport, RI 02840 - Image 1
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Multi-Family Home for sale in Newport, RI

for $749,000 with 4 bedrooms and 2 full baths. This 3,978 square foot home was built in 1925 on a lot size of 0.08.

Bring this grand two-family home back to its former beauty! Filled with character and potential, this legal two-family offers a wonderful opportunity for an investor, contractor, or owner-occupant ready to take on a renovation. Behind the years of wear are hardwood floors, beautiful original woodwork, charming architectural details, spacious rooms, high ceilings, and covered porches. The large walk-up third floor offers exciting potential for additional living space. There is plenty here worth preserving, and with the right vision and improvements, this property has the potential to truly shine again. Whether renovating for investment, rental income, or creating a home of your own, this is an opportunity to restore a distinctive property while building value. Conveniently located near Kay Street, Broadway's restaurants and shops, a close drive to the Naval Base with easy access in and out of Newport. Property is being sold AS-IS; buyer to conduct all due diligence.

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Multi-Family Active

Price

$ 749,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,293

Style

Lot Size

0.08

Year Built

1925

Town/City

Newport

County/Region

Newport

MLS | Web ID

1425554

Features
General
Sewer Connected
Heating Hot Water Oil
Cooling None
Utilities Sewer Connected
Possession Immediately
Garage Spaces 0
Construction Materials Shingle Siding
Year Built 1925
Electric 100 Amp Service
Property Subtype Multi Family
Tax Year 2025
County Newport
Operating Expense 0
New Construction false
Property Type Residential Income
Subdivision Name Upper Broadway
Garage Y/N false
Total Rooms 12
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 3485
Land Lease Y/N false
Tax Annual Amount 5293
Virtual Tour https://tour.RiLiving.com/7-Princeton-Street-Newport-RI-02840
Standard Status Active
Tax Assessed Value 609200
Tax Lot 250
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Interior
Basement Exterior Entry Full Interior Entry Unfinished
Flooring Hardwood
Total Fireplaces 0
Total Stories 0
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Total Bedrooms 4
Total Baths 2
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Exterior
Parking Features No Garage
Water Source Connected
Total Parking 1
Inclusions Property is being sold as-is.
Lot Size Area 3485
Number of Buildings 1
Building Area Total 3978
Lot Size Acres 0.08
Covered Spaces 0
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* Excluded Features
List By
Our Real Estate

Broker

laurenmaillouxrealestate@gmail.com

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Affordability Calculator

$5,614
Per Month
92%
8%
0%
Monthly Principal & Interest
$5,173
Monthly Property Taxes
$441
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/8/2026$749,000 Listed Price

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7 Princeton Street, Newport, RI, 02840 is a Multi-Family Home for sale at $749,000 with 3,978 sqft and a lot size of 0.08. 7 Princeton Street has 4 bedrooms, 2.0 baths, and was built in 1925. The property's zip code is 02840 which is in Newport, RI