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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 Avondale RD Westerly RI 02891

Westerly, RI25 Avondale RD

Price$6,500,000

Est. Mortgage: $/month

MLS Number 1222021

  • Multi Family
  • Bedrooms 4

One of the Founding Fathers of Westerly starts here. Lotteryville Marina is a part of the Oldest Marina in the United States. The Original Homestead and Marina/Boatyard has been passed on from Father to Son for over 300 years! The story starts with the Henry Hall and Knight purchase, a King, a shipwreck, a rescue, a lottery for parcels of land in Avondale/Watch Hill, a family feud between brothers which lead to the split of the Marina/Boatyard...the history is amazing and interesting and now You have the opportunity to be a part of this History! The Marina/Boatyard comes with 75 slips, 20 moorings a boat ramp, a two family home, office/warehouse and a paved parking lot. If you have no interest in running a Marina/Boatyard, live the waterfront life in Avondale/Watch Hill and lease out the business. So many possibilities... Location, Location, Location!!! *From Airport(s) to Marina - Westerly, 2.2 miles. TF Green, 39 miles. Groton, 21.7. Danielson, 44.2 miles. New Haven, 64.8 miles. *Possible Seller financing to qualified Buyer. Inspection(s) on 334 year old home and for 169 year old store front are for Buyer(s) information only.

Listed by EXPERIENCE Real Estate

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$/month over payments
Federal 30-year interest rate: 3.5% last updated on Mar 26, 2020
* 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 Watch Hill RD Westerly RI 02891

Westerly, RI215 Watch Hill RD

Price$3,999,000

Est. Mortgage: $/month

MLS Number 1240701

  • Multi Family
  • Bedrooms 6
  • Water View

Own a part of history on the corner of Watch Hill Road and Foster Cove Road. Known as the "Lion Gate Inn," this property has 19th Century character with modern appeal. The owner's living quarters offers privacy that captures the essence of graceful simplicity that stands the test of time. Absorb enchanting sunsets from a screened-in porch, one of the two decks, or throughout the kitchen and living areas. Luxurious master suite and an on-suite bedroom also have custom built-in closets. Tucked into the perimeter of the building are four additional 1-bedroom, 1-bath apartments that come with a strong rental history. These apartments can be used as-is for rental income, or for family and guests to stay. This one-of-a-kind home is less than a mile from Watch Hill's quaint seaside village, beaches, and the distinguished Ocean House. Come and be captivated by this turn-key opportunity today.

Listed by RE/MAX South County

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$/month over payments
Federal 30-year interest rate: 3.5% last updated on Mar 26, 2020
* 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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19 Old Beach Road & 9 Chapel St Newport RI 02840

MLS Number 1204455

  • Multi Family
  • Bedrooms 12

Package of two properties that provides exciting business opportunity or could be a great family compound. 19 Old Beach Road, a handsome Gothic Revival, circa 1879, has wonderful period details inside & out. Currently operating as a successful B & B but it would also make a gracious single-family home without any major modifications required. It has great flow for entertaining but it is still comfortable for small gatherings. You’ll love the high ceilings, large rooms and a beautifully landscaped private yard. The first floor has gracious entry with open staircase accented by magnificent stained glass. There is a front parlor, living room, dining room, eat-in kitchen w/ gas fireplace and also a 1st floor bedroom with full bath. The 2nd floor has 4 spacious bedrooms, each with private bath and there are two additional bedrooms w/ private baths on the 3rd floor. It can be purchased as a package with 9 Chapel Street, a lovely 5 Bedroom/4 Bath Carriage House. 9 Chapel Street has a open floor plan with kitchen, dining and living room and a lovely sun room with Radiant heating in the floor. There are also two bedrooms with baths and private entrances on the first floor. The second floor has a lovely master bedroom w/ large bath and a two-bedroom suite with shared bath. There is plenty of parking. The desirable in-town location puts you close to many restaurants, tennis, art museum and beach. 19 Old Beach Road could be purchased separately at $1,390,000 & 9 Chapel St at $799,000..

Listed by RE/MAX Profnl. Newport, Inc.

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$/month over payments
Federal 30-year interest rate: 3.5% last updated on Mar 26, 2020
* 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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740 South County TRL Exeter RI 02822

Exeter, RI740 South County TRL

Price$1,500,000

Est. Mortgage: $/month

MLS Number 1242149

  • Multi Family

Developers take notice! Currently 3 lots, totaling 72+ acres, with 2 great houses in place, ready to be subdivided into 8 lots or use as a family compound! Site plan, septic designs etc in place, ready for approvals! Main house built in 2002 ... 4,370 square foot Contemporary with 3 Bedrooms/3 Baths/2 Lavettes and a 6-car Garage, all on 67+ acres . Separate Ranch built in 1960 ... 2,184 square foot with 3 Bedrooms/1 Bath/1 Lavette, Hardwoods, a 2-car Garage on 2+ acres. Both in great condition. PLUS a 2.9 acre extra lot. Zoned Business/Residential. Selling as a package.

Listed by HomeSmart Professionals

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$/month over payments
Federal 30-year interest rate: 3.5% last updated on Mar 26, 2020
* 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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463 Seapowet AV Tiverton RI 02878

Tiverton, RI463 Seapowet AV

Price$1,450,000

Est. Mortgage: $/month

MLS Number 1250076

  • Multi Family
  • Bedrooms 8
  • Waterfront
  • Water View
  • Water Access

After over sixty years in the same family, this waterfront family compound is now being offered to the next generation of stewards. Let your troubles drift away with the tide as you watch the sun set over the Sakonnet River from your front yard, minutes away from Historic Tiverton Four Corners, Little Compton and the beautiful beaches of the south coast. Seapowet features three single family residences, a detached 2-story barn with ready to finish art/yoga space, garage, and multiple outbuildings. Situated at the end of a private laneway facing the water the largest Gambrel Style home features 3-beds, 1.5-baths and hidden workshop/garage on the lower level. The second residence is currently a rental, affording single-level living with 3-beds, 2-baths, fireplace, attached 1-car heated garage and patio with water views. The third residence is the original cottage lovingly built on-to over the years by the owner’s and their parents starting in the 1950s and retains every ounce of coastal cottage charm. The cottage features 2-bed, 1-bath, kitchen, dining room and separate den. Dine outdoors on the stone patio surrounded by flowering perennial gardens, and salty offshore breeze. Each home is a short stroll to the shore where family and friends can swim, kayak, paddle board, wind surf and sail. The possibilities here are endless with the potential to rent one home to satisfy the yearly tax bill while still affording a large family compound, gentleman's farm or waterfront retreat.

Listed by Coastal Properties Group

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Federal 30-year interest rate: 3.5% last updated on Mar 26, 2020
* 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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285 Stone Church RD Tiverton RI 02878

Tiverton, RI285 Stone Church RD

Price$1,350,000

Est. Mortgage: $/month

MLS Number 1250224

  • Multi Family
  • Bedrooms 5

Welcome to the William Whitredge Estate. This 22-acre private compound with two historical homes is considered to be one of the crown jewels of Tiverton. The first home is a c. 1865 Victorian featuring a 5-bay façade, an arcaded veranda porch, beautiful mansard roof, a third story cupola, and a stunning interior with two living rooms, dining room, each with a fireplace and lined by oak trimmed full-size windows. The eat-in kitchen features glassed cabinetry, gas stove and plenty of room for multiple cooks, family and guests! With over 5,500 sqft of living space across three levels – this is the only home of its scale and quality remaining from the mid-19th century. The second home is a c. 1770 Colonial guest cottage that has been renovated top to bottom by the current owners - with a gorgeous stone-countered cooks’ kitchen, new tiled bathrooms, new floors, all new lighting, and beautiful finishes throughout. Both homes have been beautifully maintained and meticulously cared for. The handsome two-bay garage also offers plenty of loft storage space. Enjoy the beautiful meadows and walking paths the property offers, or just relax on the front porch and take in the natural surroundings with an abundance of wildlife. Current owners have offered both homes as short-term and long-term rentals, with short term rentals nearing $100K in 2018. Close to 4 Corners and all area beaches. Note: Assessment reflects Open Space exemption. Check out the Virtual Tour! Facetime Showings Available!

Listed by Mott & Chace Sotheby's Intl.

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$
%
$/month over payments
Federal 30-year interest rate: 3.5% last updated on Mar 26, 2020
* 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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786 Indian AV Middletown RI 02842

Middletown, RI786 Indian AV

Price$1,345,000

Est. Mortgage: $/month

MLS Number 1232148

  • Multi Family
  • Bedrooms 8
  • Water View

ESTATE SALE - FIRST TIME OFFERED IN GENERATIONS - STATELY INDIAN AVENUE 2700 SQUARE FOOT FEDERAL-STYLE COLONIAL WITH NEWLY RESURFACED TENNIS COURT SITED ON 1.2 LUSH ACRES PLUS A SEPARATE .41 ACRE BUILDABLE LOT WITH A 3-BEDROOM SEPTIC APPROVAL IN PLACE THROUGH 12/22. Long tree-lined drive allows for nice setback from sought-after Indian Avenue. Some water views from upper levels. Features include a 3-car garage, some split-level air conditioning units in portions of the home, pretty sunlight, en suite master bedroom, heated sun room overlooking beautifully hardscaped grounds. Rare flat corner lot in ideal location. Walk to pebble beach, minutes to Second and Third Beaches as well as downtown Newport. House in need of updating. Incredible opportunity to own a signature property on Indian Avenue. Inspection report available, being sold in “as is” condition (see MLS #1229014 & #1232176).

Listed by Lila Delman Real Estate

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$
%
$/month over payments
Federal 30-year interest rate: 3.5% last updated on Mar 26, 2020
* 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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3 Red Cross AV Newport RI 02840

Newport, RI3 Red Cross AV

Price$1,300,000

Est. Mortgage: $/month

MLS Number 1250346

  • Multi Family
  • Bedrooms 6

Welcome to 3 Red Cross - the Lyman Blackman House. This stately in-town property is currently used as a single family home, but offers three separate condos that can function as a multi-family, each with at least two beds and two baths and it’s own garage. The residence is beautifully surrounded by hedges, trees, and a large lawn. It’s walking distance or a short bike ride from Cliff Walk & Newport Beaches. The first unit has a large classic entry way with unique staircase and wood moldings throughout. The kitchen offers tons of light & high ceilings. There is a beautiful barn style pocket door in the larger of two bedrooms that opens up to the deck. The second unit boasts 9 foot ceilings & offers a clean slate for a brand new kitchen - or finish as additional living space for a single family scenario. The third unit offers it’s own private entrance on the backside of the property. Large gorgeous windows throughout and private deck on the top level. This is a HUGE property and full of potential.

Listed by RE/MAX Profnl. Newport, Inc.

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$
%
$/month over payments
Federal 30-year interest rate: 3.5% last updated on Mar 26, 2020
* 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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9 - 11 Hoover RD Middletown RI 02842

Middletown, RI9 - 11 Hoover RD

Price$1,295,000

Est. Mortgage: $/month

MLS Number 1237677

  • Multi Family
  • Bedrooms 6

Rare multi-family in desirable Easton's Point neighborhood. Perfectly situated on an over 15,000 sq ft corner lot. Solid rental history with potential to increase rental income, or decide to live in one side and lease the other. Perhaps it would make a perfect Family Compound! Whatever your desire, this home has been well maintained and is turn-key with new appliances, fresh paint and modern conveniences. Each one level unit has three bedrooms and two full baths. A full, dry basement under each unit offers ample storage space. Convenient off street parking, entertaining deck and patio, and fenced in rear yard provides flexible outdoor convenience for pets and private enjoyment. Take the time to view this remarkable property in one of the most sought after areas in beautiful Middletown RI. Just steps from Newport's Easton Beach, one mile to downtown Newport, a quick bike ride to Middletown's Sachuest Beach, walking trails, and a nature preserve.

Listed by Teri Degnan RE & Consulting

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$
%
$/month over payments
Federal 30-year interest rate: 3.5% last updated on Mar 26, 2020
* 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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26 Mary ST Newport RI 02840

Newport, RI26 Mary ST

Price$1,175,000

Est. Mortgage: $/month

MLS Number 1245743

  • Multi Family
  • Bedrooms 3

The Anna Pell House is a stunning example of the Exotic Revival Swiss Chalet style. It was built circa 1870 by the late RI Senator Pell's great grandaunt and enjoys a fabulous location in the heart of Newport's Historic Hill. Just a block from Washington Square and steps from downtown, the property is surrounded by classic 17th and 18th century homes and inns. The leafy street is within Newport's General Business District offering both a residential feel and a variety of uses including primary residence, short or long term rentals, Airbnb, office or retail space. The home is currently divided into two dwelling units. The architecture and location, however, make it a prime candidate for conversion back to a single family. High ceilings, large, light-filled windows, stained glass, gorgeous hardwood floors and three period fireplaces add warmth and charm. There is a lovely garden, a one-car garage and one off-street parking spot.

Listed by Hogan Associates

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$
%
$/month over payments
Federal 30-year interest rate: 3.5% last updated on Mar 26, 2020
* 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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