440 Broadway
Newport, RI, 02840 $ 1,275,000
Bedrooms2 Baths1.1 Sq 2,164 Monthly Estimate*
$ 8,050
for $1,275,000 with 2 bedrooms and 1 full bath, 1 half bath. This 2,164 square foot home was built in 1935 on a lot size of 0.115.
Rare mixed-use investment opportunity in the heart of Newport's thriving Broadway district. Positioned on a highly visible corner lot, 440 Broadway offers a compelling combination of commercial and residential income potential in one of the city's most desirable and walkable neighborhoods. The property features a fully built-out professional office space on the first floor, currently occupied by a well established dental practice with three exam rooms, laboratory, private office, reception area, waiting room, bathroom, and storage. The dental business is not included in the sale of the real estate and will be sold separately. The second-floor residential unit consists of a bright and spacious two-bedroom, one-bath apartment with hardwood floors, high ceilings, abundant natural light, and a private deck. The residential component provides additional income potential and strong rental appeal in Newport's historically supply-constrained housing market. Additional features include a detached two-car garage, two additional off-street parking spaces, private yard, full basement, and walk-up attic offering valuable storage and operational flexibility. The corner-lot location provides excellent visibility, accessibility, and long-term investment appeal. Whether added to an existing portfolio or acquired as a strategic owner-user investment, 440 Broadway presents a unique opportunity to own a versatile mixed-use asset in one of Newport's most established commercial corridors.
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FeaturesGeneralSewer Connected Public Sewer
Heating Oil Radiant
Cooling None
Utilities Sewer Connected
Possession Negotiable
Zoning R10
Garage Spaces 2
Construction Materials Clapboard
Year Built 1935
Electric 200+ Amp Service
Property Subtype Multi Family
Tax Year 2025
County Newport
Operating Expense 0
New Construction false
Property Type Residential Income
Attached Garage false
Subdivision Name Broadway
Garage Y/N true
Total Rooms 10
Full Baths 1
Status Active
City Newport
Senior Community Y/N false
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 5009
Land Lease Y/N false
Tax Annual Amount 5530
Structure Type Apartment
Standard Status Active
Tax Assessed Value 770200
Tax Lot 438
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InteriorInterior Amenities Attic Interior Steps Permanent Attic Stairs Storage
Basement Full Interior Entry Unfinished
Flooring Carpet 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 1
Total Bedrooms 2
Total Baths 2
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ExteriorParking Features Detached Garage
Lot Features Corner Lot
Water Source Connected Public
Total Parking 4
Lot Size Area 5009
Number of Buildings 2
Building Area Total 2164
Lot Size Acres 0.115
Covered Spaces 2
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* Excluded FeaturesList Bystefanie.carr@compass.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,050
- Monthly Property Taxes
- $461
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 $1,482,474
Percent of Sale Price 16%
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 |
|---|
| 6/18/2026 | $1,275,000 | | Listed Price |