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Cathryn Schwab

cathryn.schwab@engelvoelkers.com +1(401) 787-5694

$ 1,350,000

Est. payment -/mo

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Open Sat 11AM-12:30PM

32 Houston AVE Newport, RI 02840

5 Beds

3 Baths

2,552 SqFt

Open House

Sat Apr 25, 11:00am - 12:30pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,552 sqft

Price per Sqft $528

MLS Listing ID 1410680

Style Stacked

Bedrooms 5

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 2,552

Year Built 1880

Annual Tax Amount $9,402

Tax Year 2025

Lot Size 8,502 Sqft

Acres 0.1952

Property Sub-Type Multi Family

Property Description

Rare three-family home in Newport's Fifth Ward set on an oversized 8,500+ square foot lot, just six doors from King Park and Newport Harbor. A short walk brings you to Thames Street, downtown, and some of the area's best dining, shops, beaches, NYYC, Ida Lewis YC, and more. One of Newport's most walkable and desirable coastal neighborhoods. The property features an updated first-floor three-bedroom unit with in-unit laundry, along with two well-maintained one-bedroom units on the second and third floors. Two of the three units currently have leases in place, offering immediate income with flexibility moving forward. Whether maintained as a multi-family investment, repositioned to increase rental potential, or converted into a larger single-family residence, the property offers multiple paths depending on your goals. The expansive lot provides ample off-street parking and presents additional opportunity for outdoor improvements, a garage, or future expansion. A strong offering in a PRIME location, with both current income and long-term upside.

Location

State RI

County Newport

Zoning R10

Rooms

Basement Full, Unfinished, Walk-Out Access

Interior

Interior Features Tub Shower, Furnished

Heating Baseboard, Gas, Hot Water

Cooling Window Unit(s)

Flooring Vinyl

Fireplaces Type None

Furnishings Furnished

Fireplace No

Appliance Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Trash Compactor, Washer

Laundry Common Area, In Unit

Exterior

Community Features Marina, Pool, Recreation Area, Restaurant, Shopping

Utilities Available Sewer Connected

Waterfront Description Walk to Water

Total Parking Spaces 8

Garage No

Building

Foundation Combination

Sewer Connected, Public Sewer

Water Connected, Public

Architectural Style Stacked

Structure Type Drywall,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 32HOUSTONAVNEWP

Virtual Tour https://tour.RiLiving.com/32-Houston-Avenue-Newport-RI-02840

Listed by RE/MAX Results

NEARBY SCHOOLS & PROPERTIES

Cathryn Schwab

Broker Associate | License ID: REB.0019852

+1(401) 787-5694

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