Skip To Content

5 Elliot Place

Newport, RI 02840
  • $1,375,000
  • STATUS: Active
  • ON SITE: 13 Days
  • MLS #: 1424387
UPDATED: 55 min ago
$1,375,000
  • 8
    BEDS
  • 0.12
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,358
    SQFT
  • $409
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1870
County:
Area:

School Ratings & Info

Description

Just off Upper Broadway, this well-maintained three-family home offers two spacious 3-bedroom apartments and an updated 2-bedroom apartment, all featuring modern improvements. Major capital expenditures have already been addressed, making this a truly turnkey opportunity. Recent improvements include a newer roof, clapboard siding, windows and exterior PVC trim, gutters, chimney caps, updated electrical, plumbing and heating systems, a new sewer main, sump pump, EV charging station, and Trex decking. The individual units were also updated just a few years ago. Additional highlights include five off-street parking spaces, a two-car garage, deck, and garden area. Ideally located just off Broadway, the property is close to restaurants and shops, the U.S. Naval War College, downtown Newport, and convenient highway access. Lastly, this property is eligible for a 2/1 interest rate buydown through AnnieMac Home Mortgage. Qualified buyers may be able to start with an interest rate 2% below the prevailing rate in year one and 1% below in year two, subject to lender approval and program guidelines. Contact the listing agent for additional details.

Monthly Payment Calculator



[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-10-10T21:37:47.553.
www.onshorerealtors.com/homes/181576950
Print Image

5 Elliot Place Newport, RI 02840

  • Price: $1,375,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 55 min ago
  • MLS #: 1424387
8
Beds
3
Baths
0
½ Baths
0.12
Acres
3,358
SQFT
$409
$/SQFT
1870
Built
Neighborhood:
North Broadway
County:
Newport
Area:
Newport
Property Description
Just off Upper Broadway, this well-maintained three-family home offers two spacious 3-bedroom apartments and an updated 2-bedroom apartment, all featuring modern improvements. Major capital expenditures have already been addressed, making this a truly turnkey opportunity. Recent improvements include a newer roof, clapboard siding, windows and exterior PVC trim, gutters, chimney caps, updated electrical, plumbing and heating systems, a new sewer main, sump pump, EV charging station, and Trex decking. The individual units were also updated just a few years ago. Additional highlights include five off-street parking spaces, a two-car garage, deck, and garden area. Ideally located just off Broadway, the property is close to restaurants and shops, the U.S. Naval War College, downtown Newport, and convenient highway access. Lastly, this property is eligible for a 2/1 interest rate buydown through AnnieMac Home Mortgage. Qualified buyers may be able to start with an interest rate 2% below the prevailing rate in year one and 1% below in year two, subject to lender approval and program guidelines. Contact the listing agent for additional details.
Exterior Features

Architectural Style Stacked Construction Materials Drywall Clapboard Covered Spaces 2 Foundation Details Stone Garage YN Yes Parking Features Detached Garage Parking Total 5

Interior Features

Appliances Electric Water Heater Basement Full Unfinished Basement YN Yes Cooling None Cooling YN No Fireplace YN Yes Fireplaces Total 2 Flooring Hardwood Heating Gas Hot Water Oil Heating YN Yes Interior Features Bathtub Interior Steps Tub Shower

Property Features

Attached Garage YN No Community Features Highway Access Near Hospital Near Schools Pool Public Transportation Recreation Area Restaurant Shopping Tennis Court(s) Electric 100 Amp Service Human Modified YN No Inclusions Rent roll upon request. Land Lease YN No Laundry Features Common Area In Unit Listing Terms Lender Approval Special Funding New Construction YN No Operating Expense 10000 Property Sub Type Multi Family Senior Community YN No Sewer Connected Public Sewer Structure Type Apartment Tax Annual Amount 7371 Tax Assessed Value 848300 Tax Lot 130 Tax Year 2025 Utilities Sewer Connected Water Source Connected Public Zoning R10

[Rhode Island Statewide MLS] logo Listing information © 2026 State-Wide Multiple Listing Service.
Listing provided courtesy of Edge Realty RI: .



[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-10-10T21:37:47.553.
 
https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_1_1424387-2.jpg https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_1_1424387-2.jpg https://bt-photos.global.ssl.fastly.net/rhodeisland/orig_boomver_1_1424387-2.jpg
Logo
Onshore Realtors
57 Shore Rd, Suite B
Westerly RI, 02891