Charming investment in Historic Newport. This excellent multifamily is located in the heart of downtown and an ideal retreat for those seeking coastal living. Situated within the highly sought-after Yachting Village neighborhood, this property boasts close proximity to the renowned shops, restaurants, and attractions that make Newport so special. Step inside to discover a spacious interior filled with natural light, high ceilings, and modern amenities such as stainless steel and black appliances and butcher block counter tops. The living rooms, dining areas, and Island kitchens of both apts, create the perfect space for entertaining guests or relaxing with family. The back patio is great for a morning coffee and the detached garage makes an excellent space for storage, motorcycles, and small cars. Recent improvements include: new roof (on home and garage), new furnace, new electrical, new plumbing, sanded hardwood floors, new windows, new ceiling fans, upgraded kitchens and bathrooms, new fencing and resealed driveway, new brick walkway laid in backyard.
Sold for $870,000
$870,000
16 Dean Ave, Newport, RI 02840
5beds
2,098sqft
Multi Family
Built in 1900
-- sqft lot
$1,148,900 Zestimate®
$415/sqft
$3,076 Estimated rent
Home value
$1,148,900
$1.09M - $1.21M
$3,076/mo
Zestimate® history
Owner options
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$3,076/mo
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$3,076/mo
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$5,247/mo
Est. payment
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$5,247/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Christopher Walker 401-207-3970,
William Raveis Inspire,
The Aquidneck Team 401-640-0807,
William Raveis Inspire
Bought with:
The ALBA Group
Re/Max Innovations
Source: StateWide MLS RI,MLS#: 1360042
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Bathroom
- Features: Bath w Tub & Shower
Heating
- Oil, Baseboard, Forced Water, Zoned
Cooling
- None
Features
- Flooring: Hardwood
- Doors: Storm Door(s)
- Windows: Storm Window(s)
- Basement: Full,Interior and Exterior,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,098
- Total interior livable area: 2,098 sqft
Property
Parking
- Total spaces: 3
- Parking features: Detached
- Garage spaces: 1
Features
- Stories: 3
- Patio & porch: Patio, Porch
Lot
- Size: 2,495 sqft
Details
- Parcel number: NEWPM035B0153
- Zoning: R10
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 200+ Amp Service
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Newport
- Subdivision: Yachting Village
HOA & financial
Other financial information
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Listing removed | $1,195,000$570/sqft |
Source:  StateWide MLS RI #1411312 Report a problem | ||
| 4/29/2026 | Listed for sale | $1,195,000+37.4%$570/sqft |
Source: StateWide MLS RI #1411312 Report a problem | ||
| 2/13/2025 | Listing removed | $5,400$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/16/2024 | Price change | $5,400-6.1%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/11/2024 | Listed for rent | $5,750+43.8%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/10/2024 | Sold | $870,000-2.8%$415/sqft |
Source: StateWide MLS RI #1360042 Report a problem | ||
| 6/27/2024 | Pending sale | $895,000$427/sqft |
Source: StateWide MLS RI #1360042 Report a problem | ||
| 6/15/2024 | Contingent | $895,000$427/sqft |
Source: StateWide MLS RI #1360042 Report a problem | ||
| 6/15/2024 | Listed for sale | $895,000$427/sqft |
Source: StateWide MLS RI #1360042 Report a problem | ||
| 5/30/2024 | Contingent | $895,000$427/sqft |
Source: StateWide MLS RI #1360042 Report a problem | ||
| 5/25/2024 | Listed for sale | $895,000-8.6%$427/sqft |
Source: StateWide MLS RI #1360042 Report a problem | ||
| 5/25/2024 | Listing removed | -- |
Source: StateWide MLS RI #1354763 Report a problem | ||
| 4/25/2024 | Price change | $979,000-6.7%$467/sqft |
Source: StateWide MLS RI #1354763 Report a problem | ||
| 4/3/2024 | Price change | $1,049,000-12.6%$500/sqft |
Source: StateWide MLS RI #1354763 Report a problem | ||
| 3/17/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/15/2024 | Listed for sale | $1,200,000+174.3%$572/sqft |
Source: StateWide MLS RI #1354763 Report a problem | ||
| 2/29/2024 | Listed for rent | $4,000-7.7%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/11/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/23/2023 | Price change | $4,334-5.8%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/10/2023 | Listed for rent | $4,600+2.2%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/28/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 9/9/2022 | Listed for rent | $4,500+15.4%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 10/8/2020 | Listing removed | $3,900$2/sqft |
Source: WILLIAM RAVEIS CHAPMAN ENSTONE #1263536 Report a problem | ||
| 9/2/2020 | Listed for rent | $3,900-26.9%$2/sqft |
Source: WILLIAM RAVEIS CHAPMAN ENSTONE #1263536 Report a problem | ||
| 10/3/2019 | Listing removed | $5,333$3/sqft |
Source: WILLIAM RAVEIS CHAPMAN ENSTONE #1233881 Report a problem | ||
| 3/19/2019 | Sold | $437,500+75%$209/sqft |
Source: StateWide MLS RI #1196065 Report a problem | ||
| 5/28/2002 | Sold | $250,000$119/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,129 +5.7% | $705,400 |
| 2024 | $5,798 +33.3% | $705,400 +55.9% |
| 2023 | $4,349 | $452,600 |
| 2022 | $4,349 +3% | $452,600 |
| 2021 | $4,223 +2.8% | $452,600 +13.3% |
| 2020 | $4,107 | $399,500 |
| 2019 | $4,107 +2.9% | $399,500 |
| 2018 | $3,991 +17.5% | $399,500 +31.9% |
| 2017 | $3,396 +2.6% | $302,900 |
| 2016 | $3,311 +2.4% | $302,900 |
| 2015 | $3,232 +1.9% | $302,900 +15.1% |
| 2014 | $3,173 +6.2% | $263,100 |
| 2012 | $2,989 +8.6% | $263,100 -5.1% |
| 2011 | $2,753 +3.9% | $277,200 |
| 2010 | $2,650 +0.4% | $277,200 |
| 2009 | $2,639 -14.3% | $277,200 -21.9% |
| 2008 | $3,078 +4% | $355,000 |
| 2007 | $2,961 +4% | $355,000 |
| 2006 | $2,847 +17.9% | $355,000 +110.2% |
| 2005 | $2,414 +11.2% | $168,900 |
| 2002 | $2,170 | $168,900 |
Find assessor info on the county website
Neighborhood: Harbor/Lower Thames
Nearby schools
GreatSchools rating
- 3/10Frank E. Thompson Middle SchoolGrades: 5-8Distance: 0.9 mi
- 4/10Rogers High SchoolGrades: 9-12Distance: 0.8 mi
- 4/10Pell Elementary SchoolGrades: PK-4Distance: 2.1 mi
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Estimated market value
$1,148,900
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Estimated market value
$1,148,900
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