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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 Bull ST, Newport, RI

Price$1,325,000

Est. Mortgage: $/month

MLS Number 1205089

  • Multi Family
  • Bedrooms 4

Elegant home with legal 3rd floor apartment in the heart of Newport. Ideal to owner occupy, or convert to large single family. Walk to everything from this Historic Hill Victorian, steps from downtown Newport, but tucked away on a quiet, one-way street. This stately and stylish home features elegant, remodeled interiors while retaining it’s period details. Four bedrooms, one on the first floor, each with their own private, full baths. Enter into a high-ceilinged, light-filled living room with large windows and wood burning fireplace. Large dining room, updated granite, stainless kitchen. A tranquil screened porch off the dining room leads to a private, fenced backyard with patio and perennial gardens, perfect for summer entertaining. The second floor has two large bedrooms with full baths, walk in closet, living room, bonus room and porch. A private side entrance leads to elevator to the third floor legal, one bedroom, one full bath contemporary apartment with high ceilings, living room, dining area and kitchen. Option to earn income or keep for yourself. Central air throughout. Three on site parking spaces complete this fabulous home.

Listed by Hogan Associates

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$/month over payments
Federal 30-year interest rate: 4.9% last updated on Oct 11, 2018
* 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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955 WAPPING RD, Middletown, RI

Price$1,100,000

Est. Mortgage: $/month

MLS Number 1197270

  • Multi Family

This 4.86 acre parcel abuts Newport National Golf Club. In an R-40 zone, a sub-division is possible. A 2-dwelling farmhouse sits on the land and there are several garages in the outbuildings that are ideal for vehicle storage.

Listed by Lila Delman Real Estate

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$/month over payments
Federal 30-year interest rate: 4.9% last updated on Oct 11, 2018
* 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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390 Glen Farm RD, Portsmouth, RI

Price$1,090,000

Est. Mortgage: $/month

MLS Number 1197181

  • Multi Family
  • Bedrooms 4

Charming and well maintained Colonial built for the original owner of the historic Glen and Manor House. Located in an idyllic setting on the corner of Glen Farm and Sandy Point Roads in Southern Portsmouth, this country compound is currently used as a side by side two-family. Ideal for owner occupied, or potential to convert to a 4 bedroom residence with a smaller in-law apartment. Set on almost an acre near "The Glen", with its premier equestrian center and acres of conserved park land. A short distance to Sandy Point Beach, world class polo, farm stands, golfing, marinas, and beaches. A short drive to the shops, galleries and restaurants of lovely downtown Newport. Each unit has 2 bedrooms plus private outdoor space and patios. A detached garage with loft, and a separate outbuilding which could serve as a garage, pool house, or artist studio. Wonderful grounds with established landscaping and gardens, stone walls, ponds, outdoor fireplace, and pizza oven. Easy access to highways, and proximity to Providence and Boston. Enchanting country lane in a desirable Newport County location.

Listed by Gustave White Sotheby's Realty

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$/month over payments
Federal 30-year interest rate: 4.9% last updated on Oct 11, 2018
* 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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207 COLE AV, East Side of Prov, RI

Price$929,000

Est. Mortgage: $/month

MLS Number 1198903

  • Multi Family

Fabulous investment or owner/occupant property in the heart of the East Side. Solid rental history. 2 buildings - one triple decker and a free standing building in rear. Completely updated - windows, floors, mechanicals, walls, etc. Highly desirable location - walk to Blackstone Blvd and Hope Village. Please call for details.

Listed by Residential Properties, Ltd.

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$/month over payments
Federal 30-year interest rate: 4.9% last updated on Oct 11, 2018
* 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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13 Binney ST, Newport, RI

Price$895,000

Est. Mortgage: $/month

MLS Number 1193651

  • Multi Family

Well-maintained two family home in quiet Newport neighborhood. The larger unit features a spectacular great room with a vaulted ceiling and gas fireplace encompassing a sitting and large dining area. Glass sliding doors open onto a spacious deck, perfect for entertaining and enjoying warm summer evenings. The open floor plan also features a cozy den, office space and galley style kitchen. Master bedroom has a large bathroom with walk-in closet, washer and dryer. The smaller unit has a living room, kitchen, two bedrooms and a full bath. There are hardwood floors throughout the building. Five garage spaces provide great storage space. Perfect for anyone downsizing and looking for extra income or as a second home with a caretaker's unit. This unique property is close to Newport harbor and local yacht clubs.

Listed by Gustave White Sotheby's Realty

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$/month over payments
Federal 30-year interest rate: 4.9% last updated on Oct 11, 2018
* 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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33 Glen Hills DR, Cranston, RI

Price$895,000

Est. Mortgage: $/month

MLS Number 1197776

  • Multi Family
  • Bedrooms 8

Custom built in 1975, 33 Glen Hills Drive presents one of the most unique opportunities currently available in Rhode Island. You're going to have to see it to believe it. This California Contemporary Spanish style Manor with red clay roof offers over 14,500 sq ft of living space, including a 3500 sq ft Natatorium with a 48' x 28' indoor freeform swimming pool with two cabanas, full bath and wet bar that leads to a patio connected to a full size tennis court. There's a dramatic entry to the home with a waterfall spilling into an indoor moat, one of a few water features throughout the property. There is a children's wing with 5 bedrooms (each with full wall of built in cupboards and 9 x 13 closets), two bathrooms and laundry room. A family room with 24 foot ceilings and 16' wide stone fireplace with exposed chimney climbing through the roof. Large kitchen with center island stoves and cabinets. At the center of the house is a 630 sq ft center courtyard with integral gas grills. There's an 1800 sq. ft. master suite with over 400 sq ft of dressing room and closet. Property includes two separate integral 1 bed 1 bath townhouse apartments. Gardens, patios, and an oversized 3 car garage, with additional parking for 6 cars in the entry court. All on almost 1 acre in Garden Hills, within minutes to Garden City, I-95 and RI International Airport. Potential for condo conversion or commercial use. House needs mechanical, physical and cosmetic updates.

Listed by Mott & Chace Sotheby's Intl.

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$/month over payments
Federal 30-year interest rate: 4.9% last updated on Oct 11, 2018
* 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 Merton RD, Newport, RI

Price$875,000

Est. Mortgage: $/month

MLS Number 1185966

  • Multi Family
  • Bedrooms 5

What a location! This multi family with 3 units currently have 1 unit just leased and 2 units that will be open for the next lucky owner of this property. Excellent potential rental in desirable location close to Salve Regina, 3 blocks from Cliff Walk and 3 blocks from Tennis Hall of Fame. Large 2 car detached garage, full unfinished basement, and very large fenced backyard with 2 out buildings. Four plus off street parking places in addition to garage. This property has never been offered before. Ready to produce income for the right investor right now!

Listed by KELLER WILLIAMS RLTY NEWPORT

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$/month over payments
Federal 30-year interest rate: 4.9% last updated on Oct 11, 2018
* 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$875,000

Est. Mortgage: $/month

MLS Number 1204568

  • Multi Family
  • Bedrooms 4

Extraordinary two unit Victorian home located on "The Point" 2 blocks from Newport Harbor and the Van Zandt Pier yet not in a flood zone. Completely Renovated and updated Two Family has 4 bedroom and 4 baths. Central air in both units. Easy conversion to a single family or perfect owner occupied or vacation home with income. Main apartment has 3 levels consisting of renovated Kitchens with granite & new stainless appliances open floor plan to dining area, living room and deck. Master suite has large sitting room, bedroom and private bathroom with marble, separate shower and jacuzzi tub. Apartment has 1 bedroom, kitchen with new stainless open to large living/dining area. Gleaming hardwood floors and replacement windows. Freshly painted inside and out. New driveway, fenced yard, deck and front porch. Separate utilities. Easy walk to shops, restaurants and all Newport has to offer. Easy on and off the island. This house has it all! Move right in! *See also MLS# 1196457.

Listed by RE/MAX Profnl. Newport, Inc.

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$
%
$/month over payments
Federal 30-year interest rate: 4.9% last updated on Oct 11, 2018
* 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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160 Transit ST, East Side of Prov, RI

Price$849,500

Est. Mortgage: $/month

MLS Number 1206562

  • Multi Family
  • Bedrooms 12

INVESTORS DREAM PROPERTY. Two buildings on one legal lot in the heart of Fox Point (4 unit and 3 Unit). Short walk to Thayer Street, Brown University, Hope Street and much more. This is a well sought after location on the East Side. Prime location to collect premium rents. 160 Transit Street features two 3 bed units and one 2 bed unit. 162 Transit Street features two 2 bedroom units and two 1 bedroom units. Both buildings are very well maintained and offer low maintenance ownership. Both homes also feature newer roofs and updated mechanicals. This is an opportunity for both stable cash flow and long-term appreciation that does not come along often in this area!! This CASH COW 7 UNIT PACKAGE is selling at a discount as both buildings are located on one lot. Solid tenant history and plenty of room for improvement in rents over time. This is perfect for any investor looking to have a steady flow of income and obtain properties that will maintain value over time. Opportunity is knocking as there are very few structures like this in the Fox Point area. Don't miss this CHANCE to obtain prime real estate at a great price. Rental income monthly upwards of $7,000!!

Listed by Keller Williams Realty Leading

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$
%
$/month over payments
Federal 30-year interest rate: 4.9% last updated on Oct 11, 2018
* 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$849,000

Est. Mortgage: $/month

MLS Number 1183703

  • Multi Family
  • Bedrooms 8

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 season 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. Less

Listed by Ri Flat Fee.Com

$
$
%
$/month over payments
Federal 30-year interest rate: 4.9% last updated on Oct 11, 2018
* 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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Copyright 2018 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.