Multi-Family Homes for Sale

Browse all multi-family listings for sale in Newport, Rhode Island. Contact us if you have questions and to schedule a showing.

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25 Old Beach RD, Newport, RI

Price$3,995,000

Est. Mortgage: $/month

MLS Number 1154316

  • Multi Family

SUNNYSIDE, Commodore William Edgar House c. 1885, one of the finest examples of Colonial Revival architecture. Designed by McKim, Mead & White, the premier firm responsible for such notable landmarks as Rosecliff Mansion on Bellevue Avenue, the Villard Houses in Manhattan and Vanderbilt Mansion in Hyde Park, NY. A traditional Georgian Wrenian Colonial Revival built for a founding member of NYYC. Sited beautifully on one lush acre with 18' x 36' salt water pool surrounded by signature trees of the Gilded Age. Offers the convenience of an in-town location just off Bellevue Avenue coupled with the sanctuary of a private estate. A short distance from Cliff Walk, vibrant downtown Newport, the International Tennis Hall of Fame, and Bellevue Avenue boutiques and restaurants. A majestic facade of buff brick, with stately iconic columns, cylindrical tower, and plaster chimneys with arched openings. Interior consists of intricately carved wood, classical motifs, an original trompe l'oeil ceiling, and parquet floors. Six bedroom, 9182 square foot mansion and four bedroom, 4500 square foot separate guest, staff or tenant residence.

Listed by Lila Delman Real Estate

{$agent->Name}

Teri Degnan Real Estate & Consulting
77 Dr. Marcus F. Wheatland Blvd.
Newport RI, 02840
: 401-619-8222

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$
$
%
$/month over payments
Federal 30-year interest rate: 4.03% last updated on Nov 2, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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233 Tuckerman AV, Middletown, RI

Price$1,695,000

Est. Mortgage: $/month

MLS Number 1176804

  • Multi Family
  • Water View

Spacious colonial with nearly 3,000 sq feet of comfortable living space on the first and second floors and a nearly 1,400 sq ft legal one-bedroom garden apartment with separate walkout entrance. High ceilings, hardwood floors, full walk-up attic. Two working fireplaces (living room and upstairs bedroom). Beautiful sun room. Formal living and dining rooms. Three decks, beautiful ocean views. One street up from Shore Drive, it abuts a "paper road" allowing access to walk to Shore Drive and public access paths to the ocean. Two car garage with full basement for storage (was used as a pony barn from late 60s to late 80s). Gas stub installed for conversion from oil to gas. Most of interior recently painted. Apartment has a solid rental history over past 50 years and is perfect for separate living space for relatives who may need to be close. Please see 1173034/updated to include multifamily after zoning officer confirmed legal apartment.

Listed by Connell Real Property

{$agent->Name}

Teri Degnan Real Estate & Consulting
77 Dr. Marcus F. Wheatland Blvd.
Newport RI, 02840
: 401-619-8222

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.03% last updated on Nov 2, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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362 Bramans LANE, Portsmouth, RI

Price$1,250,000

Est. Mortgage: $/month

MLS Number 1175618

  • Multi Family

This is a unique property: a 32+ acre farm with house, four bay+ garage with office, two barns, chicken coops, small lake and 31+ acres of land surrounding it that has been protected in perpetuity as open space (non-develop-able but can be used for agricultural purposes). It was owned by one family and used as a dairy farm for 75 years. The house and barns need to be renovated but have solid structures. It is two miles from the town beach, 3 from Sachuset (2nd ) Beach in Middletown, 5 miles to Newport, 1.5 miles to Newport Polo and across the street from a newly made polo practice field and Newport National Golf Course.

Listed by The Greene Realty Group

{$agent->Name}

Teri Degnan Real Estate & Consulting
77 Dr. Marcus F. Wheatland Blvd.
Newport RI, 02840
: 401-619-8222

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.03% last updated on Nov 2, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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31 - 35 Briarwood AV, Middletown, RI

Price$1,100,000

Est. Mortgage: $/month

MLS Number 1174182

  • Multi Family
  • Water View

Multi-family investment property offers endless opportunities for rental income. A side-by-side townhouse style two-family, each unit offers loads of living space. Located in prime Middletown location-stone's throw away from Easton's Beach, wedding venues and restaurants. Strong rental history with many amenities. Front unit has 5 bedrooms, 2 baths, two family rooms for great entertaining space, multiple entrances, laundry in unit. Back unit has 4 1/2 bedrooms, 2 updated baths, laundry in unit, freshly painted, young kitchen. Each unit has it's own kitchen, great rooms, sunny porches, decks and distant water views. A huge amount of off street parking with wrap around driveway and plenty of yard space for recreational fun is great for local university school year rentals and strong summer money for beach goers and wedding destination family events.Heat, water, and electric are separately metered. Ready for immediate occupancy! See also MLS #1174186 as Single family home.

Listed by Gustave White Sotheby's Realty

{$agent->Name}

Teri Degnan Real Estate & Consulting
77 Dr. Marcus F. Wheatland Blvd.
Newport RI, 02840
: 401-619-8222

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.03% last updated on Nov 2, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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43 Farewell ST, Newport, RI

Price$925,000

Est. Mortgage: $/month

MLS Number 1176335

  • Multi Family

Large Downtown Newport 8 bedroom 5 full bath multi-family currently on the seasonal rental cycle with projected rents of $75K- $80K annually! Situated in an ideal downtown location providing investors the flexibility to capitalize on seasonal rentals or yearly! A one minute walk to Thames or Washington Square but just north of the downtown traffic. An easy commute to the Newport Bridge or Navy Base. The property provides 6 off street parking spots, 2 brand new modern kitchens, spacious bedrooms, separately metered utilities, brand new gas heating system, large front porch, and new stone patio and landscaping! Built in 1810 this classic mansard roofed 2 family is full of period details that reflect it's historic character but sits just outside the historic zone and not in a flood zone reducing annual costs. The first floor unit has 3 large bedrooms and one bath with private entrance. The second and third floor unit has 5 bedrooms, 4 full baths, private entrance, 2 living rooms and bar with stove top on the third floor makes this layout ideal for roommates! Rental rates below reflect this winter's leases only September 2017-May 2018.

Listed by Kavanaugh Grant Real Estate

{$agent->Name}

Teri Degnan Real Estate & Consulting
77 Dr. Marcus F. Wheatland Blvd.
Newport RI, 02840
: 401-619-8222

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.03% last updated on Nov 2, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1 Dresser ST, Newport, RI

Price$874,000

Est. Mortgage: $/month

MLS Number 1156712

  • Multi Family

Great opportunity to own a property within easy walking distance of Easton's Beach. Or, enjoy an afternoon siesta on your front porch of this turn-key three family. All three flats have hardwood floors, updated kitchens and baths and central air conditioning. Third floor one bedroom pied a terre is almost finished. The rents listed are only for the winter months. Summer rentals would be at least another $30,000. .

Listed by Gustave White Sotheby's Realty

{$agent->Name}

Teri Degnan Real Estate & Consulting
77 Dr. Marcus F. Wheatland Blvd.
Newport RI, 02840
: 401-619-8222

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.03% last updated on Nov 2, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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45 Annandale RD, Newport, RI

Price$849,000

Est. Mortgage: $/month

MLS Number 1178003

  • Multi Family

Location, location, location! John Ellis house, first time on the market in 40 years.Historic charm, within walking distance to all Newport offers. Established neighborhood. This legal 3-apartment home has much to offer and many options for use as your needs change. Return it back to a stately single-family or large family home with a guest wing. Condominiums are an easy conversion or remain as three income-producing rental units. The original house is about 200 years old and is what remains from a sprawling farm stretching from the historic Cliff Walk toward the famed Newport Harbor, and now sits on a highly desirable corner in the Annandale/Cliff Walk Road corridor. All the bones are done: entire new roof (December/2016), new wiring, plumbing, thermal windows, sewer line, basement beams, total conversion of heating oil to gas, separate meters for gas/electric. With some cosmetic updates, and a few minor changes in each unit will increase the number of bedrooms and boost the total rents and which can instantly increase your cap rate. The actual current annual lease rents total $4550/month.

Listed by WILLIAM RAVEIS CHAPMAN ENSTONE

{$agent->Name}

Teri Degnan Real Estate & Consulting
77 Dr. Marcus F. Wheatland Blvd.
Newport RI, 02840
: 401-619-8222

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.03% last updated on Nov 2, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Virtual TourSave FavoriteSchedule A VisitAsk A QuestionMore Details

313 Wolcott AV, Middletown, RI

Price$749,995

Est. Mortgage: $/month

MLS Number 1169621

  • Multi Family

Located in the heart of Eastons Point, within walking distance to First and Second beach and across from St Georges this is a great family compound or investment property.Currently used as a successful weekly rental business the 3 stand alone cottages were completely remodeled in the last 4 years. The units were professionally designed with new kitchens and baths,period hardwood floors and moldings as well as updated utilities. The package is complete with park like outdoor space and ample parking with access off Wolcott and Center Ave

Listed by Mott & Chace Sotheby's Intl.

{$agent->Name}

Teri Degnan Real Estate & Consulting
77 Dr. Marcus F. Wheatland Blvd.
Newport RI, 02840
: 401-619-8222

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.03% last updated on Nov 2, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Virtual TourSave FavoriteSchedule A VisitAsk A QuestionMore Details

37 Powel AV, Newport, RI

Price$725,000

Est. Mortgage: $/month

MLS Number 1177883

  • Multi Family

Freshly painted beautiful Victorian home with many uses. Currently a two bedroom apt. on the first floor with separate utilities. Second floor has four offices. The owners use most of the offices. One is rented for $600 a month. Second floor has a bath and deck.Third floor is a one bedroom updated apt. with lots of charm. Two car garage. Close to restaurants and all that Newport has to offer.

Listed by RE/MAX Profnl. Newport, Inc.

{$agent->Name}

Teri Degnan Real Estate & Consulting
77 Dr. Marcus F. Wheatland Blvd.
Newport RI, 02840
: 401-619-8222

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.03% last updated on Nov 2, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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92 Spring ST, Newport, RI

Price$699,000

Est. Mortgage: $/month

MLS Number 1178503

  • Multi Family

Historic Hill three family checks all the boxes - perfect for investors or an owner-occupied scenario. In the general business zone and located on beautiful stretch of Spring Street within walking distance to Newport's bustling harbor, this home is a rare find. Three separate units with strong rental history as well as AirBnB success. Can also be sold with neighboring property/Inn - see MLS#1178526.

Listed by Hogan Associates

{$agent->Name}

Teri Degnan Real Estate & Consulting
77 Dr. Marcus F. Wheatland Blvd.
Newport RI, 02840
: 401-619-8222

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.03% last updated on Nov 2, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Virtual TourSave FavoriteSchedule A VisitAsk A QuestionMore Details


Copyright 2017 RIMLS All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the RIMLS®. Real estate listings held by brokerage firms other than Teri Degnan Real Estate & Consulting are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.