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

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 Jul 13, 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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91 HARRISON AV, Newport, RI

Price$1,295,000

Est. Mortgage: $/month

MLS Number 1157808

  • Multi Family

Rare historic carriage house filled with charm. All in wonderful location near harbor and yacht clubs. Spacious and flexible floor plan includes private guest space in owner's unit. Plus one bedroom unit with fireplace and separate studio apartment.

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 Jul 13, 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 Jul 13, 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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21 School ST, Newport, RI

Price$1,200,000

Est. Mortgage: $/month

MLS Number 1174567

  • Multi Family
  • Water View
  • Water Access

"The Thankful Tews House" originally built in the 1830's, is now a classic mansard roofed four family in the heart of Historic Hill. This turn-key property has a lovely garden with fire-pit for fall get-togethers and plenty of parking. The second and third floors are each 2-3 bedroom units and are perfect for an owner occupied opportunity. The first floor houses the remaining two units -- one a large one/two bedroom apartment and the other a petit one bedroom. These two units could easily be combined. The basement is immaculate and provides great space for storage, workshop, and/or exercise area, and all the separate gas utilities-- both for heat and hot water. At present, rents are substantially below rent but these apartments are extremely rentable and could generate well over $85,0000 annually.

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 Jul 13, 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 Jul 13, 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$875,000

Est. Mortgage: $/month

MLS Number 1164562

  • Multi Family
  • Waterfront
  • Water Access

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/water. 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 $4650/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 Jul 13, 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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25 West Narragansett AV, Newport, RI

Price$875,000

Est. Mortgage: $/month

MLS Number 1175381

  • Multi Family

Fifth Ward Four Family, blocks from Newport Harbor! Excellent investment opportunity featuring two, two bedrooms units and two, three bedroom units. Well maintained and updated throughout the years with separate utilities, gas heat, replacement windows, and off street parking. Private entrances to each unit and hardwood floors throughout. Plenty of storage in the basement with cages designated to each unit. Lovely, partially fenced, back yard. Strong rental history with one unit available for occupancy! Ideal for winter/summer rentals.

Listed by KELLER WILLIAMS RLTY NEWPORT

{$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 Jul 13, 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

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 Jul 13, 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

5 - -7 Poplar ST, Newport, RI

Price$845,000

Est. Mortgage: $/month

MLS Number 1165523

  • Multi Family

This unique property between Newport's Historic Point and Thames Street neighborhoods, the Captain James A. Braman House, offers myriad possibilities with a 4 bed/4 bath main house and a 1bed/1bath cottage. The main house has been meticulously and attractively restored inside and out, while the cottage was rebuilt in 2009. The main level of the house has formal living/dining rooms, a library, spectacular chef's kitchen, den/bedroom and full bath. The 2nd floor has a master suite, sitting room, guest bedroom, office/kitchenette and full bath. Part of this level, which has a private entrance, has potential for use as income-producing guest rooms with a special-use permit. The 3rd floor has been renovated as a open plan suite with bedroom, bath and sitting room. High-efficiency gas heat, updated electrical and 4 fireplaces follow the updated/historic theme. Just across the 2-car driveway is the cottage. This charming mini-house has open living space, full bath, kitchen, a loft bedroom and separate utilities. Behind the main house is a generous backyard, surrounded by a kitchen garden, and bordered at the rear by an outbuilding restored to offer entertaining space, storage and garden benches. Though the “moon-gate” passage is a framed view and entrance to the true secret, a walled Japanese Stroll Garden with ponds, specimen plantings and seating areas to enjoy peaceful moments just blocks from our bustling downtown.

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

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 Jul 13, 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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98 THIRD ST, Newport, RI

Price$790,000

Est. Mortgage: $/month

MLS Number 1157984

  • Multi Family

The point. Totally renovated 2 family 3-4 beds,3 baths in main unit. Beautiful kitchen, hardwood floors. 2nd unit has 1 bed, bath, and a living room. This charming home can be converted to a single family. The exterior has a front porch and rear deck overlooking spacious yard with offstreet parking. A short walk to downtown and harbor. Call for your private showing.

Listed by Beretta Realty Company

{$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 Jul 13, 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.

Save 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.