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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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13 Rhode Island AV, Newport, RI

Price$809,900

Est. Mortgage: $/month

MLS Number 1193640

  • Multi Family

Great opportunity to own a rare 3 unit 8 bed multi-family on Rhode Island Avenue. Currently rented yearly at below market rates. Comparable units are renting for $1500 to $1600. Switch this property to the season cycle and watch your income soar. The units are spacious with high ceilings, faux fireplaces (1st and second unit) separate gas heat, and parking for 2 cars each. The owner just replaced the roof last year. Come take a look at the great potential this property has to offer. Great for owner occupied or pure investment. Priced below assessed value.

Listed by Kavanaugh Grant 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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215 Annaquatucket RD, North Kingstown, RI

MLS Number 1203004

  • Multi Family
  • Bedrooms 6
  • Water View

Paradise best describes this beautiful piece of property situated on almost an acre of land and located just outside of Wickford Village! This property has a main 3 bed 2.5 bath home along with 2 separate rental cottages which sit on a quiet pond bordering a nature preserve. Relax on the large deck overlooking the water. Many updates have been done to the 3 homes making this move in ready. Great live in or investment, maybe an Air B and B? Just a short drive to Narragansett, Jamestown and Newport and within walking distance to Wickford Village! House numbers are 215, 219, and 223. One home is a 2100 sf colonial, 2nd home is 504 sf one level cottage and 3rd home is an 800 sf 2 level cottage.

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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121 Allston AV, Middletown, RI

Price$798,000

Est. Mortgage: $/month

MLS Number 1202007

  • Multi Family
  • Bedrooms 5

Beautiful Coastal Home a short stroll to Easton Beach with waterviews. Hardwood floors throughout, lots of light with french doors leading to multi decks, large backyard with mature landscaping on a quiet street. This is a 2 family home occupied as a single, 1st Unit 2345 sf has 4 Bedrooms, 3 full 1 -1/2 Bath , open floor plan in kitchen/living room. Completly renovated down to studs and finished in 2007, lovely kitchen fully equipped with gas range/oven, Refrigerator, dishwasher, garbage disposal, Central Air, Gas Fireplace... 2nd unit approx 845 sf is unfinished and pre-plumbed for bathroom, great space to complete as your own. Attached Studio/office with induction cooktop, dishwasher, full bath, & central air. Outdoor shower, Shed, and parking for 10 vehicles. Also on MLS 1202209 single family

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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440 - 436 Main ST, Warren, RI

Price$795,000

Est. Mortgage: $/month

MLS Number 1191962

  • Multi Family

Great Opportunity to Invest in a Very Up & Coming Historic Downtown area in Warren, known for its great restaurants, East Bay Bike path, waterfront, theater and artistic community. Located on one of the most highly visible blocks in downtown, w/high foot and car traffic (nearly 25,600 is the average daily traffic count), near busy coffee shops and Federal Hill Pizza restaurant. All residential units have been totally renovated. Updated high efficiency heating system, electric and fire system. All units have high 12' ceilings, offering lots of natural light with great window visibility for a retail & food & beverage business. There is street parking & municipal lots across the street. Also located on the public transportation rt. to Providence & Newport. Warren is centrally located w/easy access to highway & only 15 minutes to Providence, 25 minutes to Newport, and 1 hour to Boston or Cape Cod. There are many interesting possibilities with this property! This property is currently producing $93,120, nearly at a 8.02% CAP RATE. Duplicate listing see MLS 1191913

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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1 Dresser ST, Newport, RI

Price$794,000

Est. Mortgage: $/month

MLS Number 1205969

  • Multi Family
  • Bedrooms 5

Great opportunity to own a property within close proximity to Easton's Beach, Salve University and Downtown Newport. Or, enjoy an afternoon siesta on your front porch of this turn-key three family. All three flats have hardwood floors, updated kitchens\baths and new HVAC systems with central air conditioning. First and second floor units are two bed, one bath. Third floor is recently renovated one bed, one bath. Plenty of storage and two tandem off street parking spaces.

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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41 Annandale RD, Newport, RI

Price$775,000

Est. Mortgage: $/month

MLS Number 1199426

  • Multi Family
  • Bedrooms 6

Rare Four unit building in phenomenal Downtown Newport location just steps to Cliff Walk & Easton's Beach as well as the Tennis Hall of Fame and all that Newport has to offer! Bright and cheerful residences with many updates. Newer mechanicals and roof, freshly painted common spaces, french drain system in basement, and recently installed fire alarm system. Off-street parking for 4+ cars. Excellent investment opportunity!

Listed by KELLER WILLIAMS RLTY NEWPORT

$
$
%
$/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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313 Wolcott AV, Middletown, RI

Price$749,995

Est. Mortgage: $/month

MLS Number 1169621

  • Multi Family
  • Bedrooms 4

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.

$
$
%
$/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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57 South Pier RD, Narragansett, RI

Price$749,900

Est. Mortgage: $/month

MLS Number 1196524

  • Multi Family
  • Bedrooms 4

Prime location, heart of the Pier. Rare offering. Walk to sea wall, town beach. Main house plus rental cottage. The main house is a delightful Pier cape, with new vinyl "shake" siding, freshly painted, with a generous front porch for end of day "sitting". It features spacious living room and dining room with original hardwood floors with french doors opening to private deck and patio area perfect for parties or quiet "al fresco" dining. The eat in kitchen has stainless and granite and a pantry with first floor laundry. Full bath. The original cottage staircase takes you to the second floor with its three bedroom plus a second bath with stall shower. Newer roof, furnace, upgraded electrical plus basement improvements and rebuilt bulkhead make this property move in ready. The main house has over 1600 square feet, but can be expanded for more living space. There is also 400 square foot one bedroom cottage on the property that generates rental income, with tenant paying own utilities. The lot is a generous 10,000 square feet, with off street parking for up to six cars. This is a great opportunity for an investor or an owner occupant looking for rental income. Come live in the heart of the Pier and enjoy all this beautiful area has to offer.

Listed by Abbott Properties, LLC

$
$
%
$/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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12 Goodwin ST, Newport, RI

Price$749,000

Est. Mortgage: $/month

MLS Number 1198928

  • Multi Family
  • Bedrooms 2
  • Water View

The possibilities are endless with this recently renovated waterview cottage located in Newport's famed Yachting Village! Currently used as a multi-family and just steps away from Newport Harbor & historic Thames Street, enjoy as a Pied-à-Terre with rental income or convert back to a single-family. You'll revel in stepping outside your door to take advantage of all that Newport has to offer - from shopping and boating to dining and vibrant night life. And with off street parking for three cars and detached garage, you'll be stress-free even on the busiest of summer days. Located in the city's Waterfront Business District, 12 Goodwin boasts a strong rental history and recent updates. As a two-family, separate entrances allow for maximum privacy, while the owner's unit enjoys sunset views from a spacious deck and open floor plan. Note that drawings are also available for a single-family conversion. First floor units boasts original hardwood floors, high ceilings, oversized kitchen with dining area and spacious bedroom with en-suite bath while a built-in bookcase provides a dash of old world charm to the living room and office. Upstairs, the owners' unit features a modern updated kitchen with loft-style open floor plan, cathedral ceilings, and second-floor deck.

Listed by WILLIAM RAVEIS CHAPMAN ENSTONE

$
$
%
$/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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2 Cherry ST, Newport, RI

Price$725,000

Est. Mortgage: $/month

MLS Number 1204905

  • Multi Family
  • Bedrooms 5

A Unique Property!! Two Family Conversion from the Stable of the Nicholas King House Located on Newport's Historical Point. Ideal Owner Occupied Investment or Could be Converted Into a Single Family Home. 1st Floor Offers 3 Bedrooms 2 Full Baths, Wide Pine Floors, Open Floor Plan for Living. 2nd Floor Offers 2 Bedrooms 2 Baths & Office with Open Floor Plan for Living. Lots of Storage in Basement & Separate Laundry for each Unit. Off Street Parking for 3 Cars. No Flood Insurance.

Listed by Century 21 Topsail Realty

$
$
%
$/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.

Virtual TourSave FavoriteSchedule A VisitAsk A QuestionMore Details


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.