Welcome to 13 Tilley Ave, Newport, RI, a rare opportunity for first-time homebuyers to own a renovated 2-family property while generating rental income to help offset your mortgage. This well-maintained property features two townhouse-style apartments, each with private entrances, separate utilities, separate driveways, and private basements, offering privacy and flexibility for both owners and tenants. Recent updates include modern kitchens and bathrooms, new 200 amp electrical with electric heating and cooling systems, and thoughtful renovations throughout, making this a true move-in-ready investment. Additional features include a 2-car garage, backyard, and ample off-street parking. Whether you’re looking to live in one unit and rent the other, build long-term wealth through real estate, or explore future condo conversion potential, this property offers exceptional value and proximity.
Sold for $930,000
$930,000
13 Tilley Ave, Newport, RI 02840
4beds
3,750sqft
Multi Family
Built in 1988
-- sqft lot
$930,500 Zestimate®
$248/sqft
$4,561 Estimated rent
Home value
$930,500
$847,000 - $1.02M
$4,561/mo
Zestimate® history
Owner options
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$4,561/mo
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$4,561/mo
Rent Zestimate®
Refinance and save
$4,513/mo
Est. payment
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$4,513/mo
Est. payment
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List your homeWhat's special
Ample off-street parkingSeparate drivewaysPrivate basementsThoughtful renovations throughoutPrivate entrancesModern kitchens
Zillow last checked:
Listing updated:
Listed by:
The Willett Team 401-835-8810,
SERHANT.
Bought with:
Dawn Gardner, RES.0049030
Family First Realty RI, LLC
Source: StateWide MLS RI,MLS#: 1413710
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Electric
Cooling
- Has cooling: Yes
Appliances
- Included: Electric Water Heater
Features
- Flooring: Laminate, Carpet
- Basement: Full,Interior and Exterior,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,751
- Total interior livable area: 3,750 sqft
Property
Parking
- Total spaces: 8
- Parking features: Detached
- Garage spaces: 2
Features
- Stories: 2
Lot
- Size: 5,009 Square Feet
Details
- Parcel number: NEWPM013B0055
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1988
Utilities & green energy
- Electric: 200+ Amp Service
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Newport
Financial & listing details
- Price per square foot: $248/sqft
- Tax assessed value: $880,900
- Annual tax amount: $6,322
- Date on market: 5/27/2026
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Sold | $930,000+3.4%$248/sqft |
Source:  StateWide MLS RI #1413710 Report a problem | ||
| 6/2/2026 | Contingent | $899,000$240/sqft |
Source: StateWide MLS RI #1413710 Report a problem | ||
| 5/27/2026 | Listed for sale | $899,000+122%$240/sqft |
Source: StateWide MLS RI #1413710 Report a problem | ||
| 8/8/2018 | Sold | $405,000$108/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,325 -12.7% | $880,900 |
| 2024 | $7,241 +34.6% | $880,900 +57.4% |
| 2023 | $5,380 | $559,800 |
| 2022 | $5,380 +3% | $559,800 |
| 2021 | $5,223 +47.9% | $559,800 +62.9% |
| 2020 | $3,532 | $343,600 |
| 2019 | $3,532 | $343,600 |
Find assessor info on the county website
Neighborhood: Kerry Hill/Van Zandt
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Nearby schools
GreatSchools rating
- 3/10Frank E. Thompson Middle SchoolGrades: 5-8Distance: 0.5 mi
- 4/10Rogers High SchoolGrades: 9-12Distance: 2.1 mi
- 4/10Pell Elementary SchoolGrades: PK-4Distance: 0.8 mi
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Estimated market value
$930,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$930,500
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