24 Pond Avenue Newport, RI $ 895,000
24 Pond Avenue
$ 895,000
Recently Listed
Open House 7/19 10am - 12pm
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24 Pond Avenue

Newport, RI, 02840
$ 895,000
Bedrooms5 Baths2.1 Sq 2,160

Monthly Estimate*

$ 5,651

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Multi-Family Home for sale in Newport, RI

for $895,000 with 5 bedrooms and 2 full baths, 1 half bath. This 2,160 square foot home was built in 1890 on a lot size of 0.05.

Turnkey 2-family investment opportunity in a prime Newport location. Offering three levels of living space, this well-maintained multi-family property presents strong income potential with a proven rental history. Ideally situated near Broadway, the property provides great walkability and convenient access to local restaurants, shops, and everyday amenities, as well as close proximity to the Newport Naval Station, downtown Newport, and area beaches. The layout offers flexibility for both investors and owner-occupants seeking rental income. Additional highlights include separate utilities, basement storage and the potential to create off-street parking, adding further value. A rare opportunity to own a move-in ready multi-family property in one of Newport's most desirable and high-demand rental markets.

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Open House

7/19/2026 10:00 AM - 12:00 PM
24 Pond Avenue Newport, RI
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 895,000

Bedrooms

5

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 4,232

Style

Lot Size

0.05

Year Built

1890

Town/City

Newport

County/Region

Newport

MLS | Web ID

1417971

Features
General
Sewer Connected
Heating Gas Hot Water
Cooling Window Unit(s)
Utilities Sewer Connected
Possession Negotiable Rental Agreement
Garage Spaces 0
Construction Materials Clapboard
Year Built 1890
Electric 100 Amp Service Circuit Breakers Separate Meters
Tenant Pays Hot Water
Property Subtype Multi Family
Tax Year 2025
County Newport
Operating Expense 0
New Construction false
Property Type Residential Income
Garage Y/N false
Total Rooms 10
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 2178
Land Lease Y/N false
Tax Annual Amount 4232
Virtual Tour https://youtu.be/ttgASf-i4So
Structure Type Apartment
Standard Status Active
Tax Assessed Value 487000
Tax Lot 034
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Interior
Basement Full Unfinished
Flooring Carpet Hardwood Laminate
Total Fireplaces 0
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 1
Laundry Features Common Area
Total Bedrooms 5
Total Baths 3
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Exterior
Parking Features No Garage
Water Source Connected Multiple Meters
Total Parking 0
Lot Size Area 2178
Number of Buildings 1
Building Area Total 2160
Lot Size Acres 0.05
Covered Spaces 0
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* Excluded Features
List By
Re/Max Results

Broker

justine@resultswithremax.com

Email

Affordability Calculator

$6,004
Per Month
94%
6%
0%
Monthly Principal & Interest
$5,651
Monthly Property Taxes
$353
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.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
7/16/2026$895,000 Listed Price

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24 Pond Avenue, Newport, RI, 02840 is a Multi-Family Home for sale at $895,000 with 2,160 sqft and a lot size of 0.05. 24 Pond Avenue has 5 bedrooms, 2.1 baths, and was built in 1890. The property's zip code is 02840 which is in Newport, RI