$1,395,000

32 Houston Avenue, Newport, RI 02840

  • 5 beds |
  • 3 baths |
  • 2,552 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1880
  • Property Lot Size Icon8,503sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $547/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Located in Newport’s beloved Fifth Ward, this three-family property sits on an 8,500+ square foot lot just steps from the harbor and King Park. Enjoy easy access to downtown, waterfront, bars, restaurants, shops and nearby beaches, all from one of the city’s most walkable neighborhoods. The first-floor unit is a recently updated three-bedroom apartment featuring in-unit laundry. The second and third floors each offer well-maintained one-bedroom units, with shared laundry available in the basement. Two of the three units currently have leases in place. Whether you maintain the property as a multi-family investment, renovate to increase rental potential, or explore a conversion to a large single-family residence, this property offers plenty of options. The oversized lot provides plenty of off-street parking along with room for future expansion or improvements. A rare opportunity in a prime location with strong future potential.

Listing Status:
Active
Date Added:
February 19, 2026
Data Last Updated:
April 1, 2026 at 7:15AM
Listing Office:
RE/MAX Results : 401-848-7827
MLS ID:
1404910
  • General: Tub ShowerFurnished
  • Appliances: DryerDishwasherElectric Water HeaterMicrowaveOvenRangeRefrigeratorTrash CompactorWasher
  • Laundry: Common AreaIn Unit
  • Basement: FullUnfinishedWalk-Out Access
  • Flooring: Vinyl
  • A/C: Window Unit(s)
  • Heating: BaseboardGasHot Water
  • Fireplace: Fireplaces: 0
  • Style: Stacked
  • Parking: No GarageParking spaces: 8
  • General: DrywallVinyl Siding3Combination
  • Originating MLS: RIS_RIS
  • County: Newport
  • Zoning: R1032HOUSTONAVNEWP
  • Utilities: Sewer Connected200+ Amp Service
  • Water: ConnectedPublic
  • Sewer: ConnectedPublic Sewer
  • Source: RIS_RIS

This listing courtesy of RE/MAX Results

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Frank E. Thompson Middle School

55 Broadway, Newport, RI, 02840

Grades 5-8

1.17 miles away

F

Frank E. Thompson Middle School

55 Broadway, Newport, RI, 02840

Grades 5-8

1.17 miles away

N

Newport Area Career Tech Center

15 Wickham Rd, Newport, RI, 02840

Grades 9-12

0.53 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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