$1,425,000

5 Elliot Place, Newport, RI 02840

  • 8 beds |
  • 3 baths |
  • 3,358 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1870
  • Property Lot Size Icon5,401sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $424/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Excellent investment opportunity in Newport’s sought-after Upper Broadway neighborhood. This well-maintained Victorian three-family offers over 3,300 sq. ft. of living space and blends historic character with smart updates, including a newer roof, siding, windows, and utilities. Each unit features high ceilings, great natural light, and strong rental potential. Flexible options to occupy one unit or lease all three. Prime location within walking distance to Broadway’s restaurants, cafés, and shops. A rare chance to own a solid, income-producing property in one of Newport’s most desirable markets.

Listing Status:
Active
Date Added:
November 12, 2025
Data Last Updated:
April 1, 2026 at 7:15AM
Listing Office:
Serhant Rhode Island : 401-382-0600
MLS ID:
1399953
  • General: Tub ShowerFurnished
  • Appliances: DryerDishwasherElectric Water HeaterMicrowaveOvenRangeRefrigeratorWasher
  • Laundry: Common AreaIn Unit
  • Basement: Exterior EntryFullInterior EntryUnfinished
  • Flooring: Hardwood
  • A/C: Window Unit(s)
  • Heating: BaseboardGasOil
  • Fireplace: FireplaceFireplaces: 3
  • General: Paved Driveway
  • Style: Stacked
  • Parking: DetachedGarageParking spaces: 6
  • General: Clapboard3
  • Originating MLS: RIS_RIS
  • County: Newport
  • Zoning: R105ELLIOTPLNEWP
  • Utilities: 200+ Amp Service
  • Water: Public
  • Sewer: Public Sewer
  • Source: RIS_RIS

This listing courtesy of Serhant Rhode Island

Monthly Payment

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

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Location

Schools Nearby

C

Claiborne Pell Elementary School

35 Dexter St, Newport, RI, 02840

Grades PK-4

0.37 miles away

F

Frank E. Thompson Middle School

55 Broadway, Newport, RI, 02840

Grades 5-8

0.89 miles away

N

Newport Area Career Tech Center

15 Wickham Rd, Newport, RI, 02840

Grades 9-12

2.58 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.