22 Gilroy Street
Newport, RI, 02840 $ 995,000
Bedrooms5 Baths2.0 Sq 1,811 Monthly Estimate*
$ 6,872
for $995,000 with 5 bedrooms and 2 full baths. This 1,811 square foot home was built in 1918 on a lot size of 0.135.
Welcome to 22 24 Gilroy Street, a wonderful opportunity in Newport's highly desirable Fifth Ward neighborhood! Situated on a quiet corner lot just moments from Thames Street's restaurants, shops, and Newport Harbor, this legal two-family, side by side duplex offers exceptional versatility in a sought-after coastal setting. Featuring 1,811 square feet of living space on a generous 5,880-square-foot lot, the property consists of a three-bedroom, 1.5-bath unit and a two-bedroom, one-bath unit. Each residence enjoys its own enclosed entry porch, private rear entrance, and access to a private full basement with laundry facilities. Separate heating, electric, and water systems provide added convenience and independence for each unit. Whether you're looking to occupy one unit while generating rental income from the other, accommodate extended family, enjoy a Newport getaway, or explore the possibility of converting the property into a spacious single-family residence, the possibilities are numerous. A particularly appealing feature is the two-car garage, complemented by two additional off-street parking spaces a valuable amenity in Newport. Enjoy the convenience of nearby parks, the waterfront, historic Ocean Drive, and Fort Adams, all while appreciating the charm of an established residential neighborhood. Combining location, flexibility, and investment potential, 22 24 Gilroy Street presents an opportunity to enjoy the best of Newport living.
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FeaturesGeneralSewer Connected Public Sewer
Heating Forced Air Oil
Cooling None
Utilities Sewer Connected
Possession Negotiable
Zoning R10
Garage Spaces 2
Construction Materials Plaster Wood Siding
Year Built 1918
Electric 100 Amp Service Circuit Breakers Fuses Separate Meters
Property Subtype Multi Family
Tax Year 2026
Waterfront Features Walk to Water
Community Features Marina Near Hospital 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 false
Subdivision Name Fifth Ward
Garage Y/N true
Total Rooms 9
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 5880
Land Lease Y/N false
Tax Annual Amount 8850
Virtual Tour https://tour.RiLiving.com/22-Gilroy-Street-Newport-RI-02840
Standard Status Active
Tax Assessed Value 932200
Tax Lot 159
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InteriorInterior Amenities Attic Tub Shower
Basement Exterior Entry Full Interior Entry Unfinished
Flooring Hardwood
Total Fireplaces 0
Fireplace Features None
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features In Unit
Total Bedrooms 5
Total Baths 2
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ExteriorExterior Amenities Paved Driveway
Parking Features Detached Garage
Lot Features Corner Lot
Water Source Multiple Meters Public
Total Parking 4
Lot Size Area 5880
Foundation Details Concrete Perimeter
Number of Buildings 1
Building Area Total 1811
Lot Size Acres 0.135
Covered Spaces 2
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* Excluded FeaturesList ByLila Delman CompassBroker
bill.sizeland@compass.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,872
- Monthly Property Taxes
- $738
- 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.
Learn more about how to save NearbyMulti-family listings in Newport, RI
Average List Price $1,675,436
Percent of Sale Price 68%
About Newport, RI 25,085 Population
-5% Since 2002
$ 63,135 Median Income
37.91 Median Age
17% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/30/2026 | $995,000 | | Listed Price |