This remarkable 2-family property, nestled in the heart of Newport, has undergone a recent demo to the first and second floors. Now, it stands as a blank canvas, eagerly awaiting its next chapter. Ideal for investors looking to capitalize on Newport's real estate market or for a creative with the vision to transform the property into a primary home. With three levels of living space, 7 bedrooms, and 3 full bathrooms throughout, the property presents a rare opportunity to tailor the space to your unique vision. Situated in one of Newport's most desirable neighborhoods, between Broadway and Kay St, 17 Cranston Ave enjoys proximity to the city's historic attractions; the vibrant dining and shops of Broadway, easily walk or bike to Bellevue Ave, Cliff Walk, and Easton’s Beach, and easy access to the Newport Navy Base, Rt 138, Rt 114, and the Newport Pell Bridge. Newport's rich history and architectural heritage provide a backdrop for crafting a one-of-a-kind living space that pays homage to the past while embracing modern amenities. Whether you're seeking an income-generating asset or envisioning the perfect Newport residence, 17 Cranston Ave is your canvas for inspired living.
Sold for $750,000
$750,000
17 Cranston Ave, Newport, RI 02840
7beds
2,636sqft
Multi Family
Built in 1900
-- sqft lot
$1,029,400 Zestimate®
$285/sqft
$3,324 Estimated rent
Home value
$1,029,400
$926,000 - $1.15M
$3,324/mo
Zestimate® history
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$3,640/mo
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Cliff walkVibrant dining
Zillow last checked:
Listing updated:
Listed by:
Sarah Kirwin 401-338-9881,
Residential Properties Ltd.
Bought with:
Jonathan Egan
William Raveis Inspire
Source: StateWide MLS RI,MLS#: 1344031
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Tub & Shower
Heating
- Electric, Natural Gas, Baseboard
Cooling
- None
Appliances
- Included: Electric Water Heater, Gas Water Heater
- Laundry: Off Site
Features
- Wall (Plaster), Plumbing (Mixed)
- Flooring: Ceramic Tile, Hardwood, Carpet
- Basement: Full,Interior and Exterior,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,150
- Total interior livable area: 2,636 sqft
Property
Parking
- Parking features: No Garage
Features
- Stories: 3
- Fencing: Fenced
Lot
- Size: 3,149 Square Feet
- Features: Sidewalks
Details
- Parcel number: NEWPM019B0099
- Zoning: R10
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Plaster, Wood
- Foundation: Stone
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Individual Meter
- Sewer: Public Sewer
- Water: Municipal
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
- Subdivision: Broadway
HOA
- Has HOA: No
Location
- Region: Newport
Financial & listing details
- Price per square foot: $285/sqft
- Tax assessed value: $649,800
- Annual tax amount: $4,682
- Date on market: 9/26/2024
- Total actual rent: 0
- Tenant pays: Heat
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2024 | Sold | $750,000-4.5%$285/sqft |
Source:  StateWide MLS RI #1344031 Report a problem | ||
| 1/20/2024 | Pending sale | $785,000$298/sqft |
Source: StateWide MLS RI #1344031 Report a problem | ||
| 11/29/2023 | Contingent | $785,000$298/sqft |
Source: StateWide MLS RI #1344031 Report a problem | ||
| 11/18/2023 | Listed for sale | $785,000+28.7%$298/sqft |
Source: StateWide MLS RI #1344031 Report a problem | ||
| 11/24/2020 | Sold | $610,000$231/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,646 +5.7% | $649,800 |
| 2024 | $5,341 +29.7% | $649,800 +51.7% |
| 2023 | $4,117 | $428,400 |
| 2022 | $4,117 +3% | $428,400 |
| 2021 | $3,997 +10.1% | $428,400 +21.4% |
| 2020 | $3,629 | $353,000 |
| 2019 | $3,629 +2.9% | $353,000 |
| 2018 | $3,526 +4.3% | $353,000 +17% |
| 2017 | $3,382 +2.5% | $301,700 |
| 2016 | $3,298 +2.5% | $301,700 |
| 2015 | $3,219 -5.1% | $301,700 +7.3% |
| 2014 | $3,392 +6.1% | $281,300 |
| 2012 | $3,196 +9% | $281,300 -4.7% |
| 2011 | $2,931 +3.9% | $295,200 |
| 2010 | $2,822 +0.4% | $295,200 |
| 2009 | $2,810 -18.1% | $295,200 -25.5% |
| 2008 | $3,433 +3.9% | $396,000 |
| 2007 | $3,303 +4% | $396,000 |
| 2006 | $3,176 +19.4% | $396,000 +112.7% |
| 2005 | $2,661 +11.2% | $186,200 |
| 2002 | $2,393 | $186,200 |
Find assessor info on the county website
Neighborhood: Kay/Catherine
Nearby homes
- $--2 bd1 ba-- sqft17 Cranston Ave #1, Newport, RI 02840Off Market
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- $---- bd-- ba-- sqft19 Cranston Ave #1, Newport, RI 02840Off Market
- $---- bd-- ba-- sqft19 Cranston Ave #2, Newport, RI 02840Off Market
- $220,000-- bd-- ba-- sqftCranston Ave, Newport, RI 02840Off Market
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- $907,6004 bd2 ba1.9k sqft2 Ashurst Pl, Newport, RI 02840Off Market
Nearby schools
GreatSchools rating
- 3/10Frank E. Thompson Middle SchoolGrades: 5-8Distance: 0.2 mi
- 4/10Rogers High SchoolGrades: 9-12Distance: 1.9 mi
- 4/10Pell Elementary SchoolGrades: PK-4Distance: 1 mi
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Estimated market value
$1,029,400
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
$1,029,400
- Rhode Island
- Newport County
- Newport
- 02840
- Kay/Catherine
- 17 Cranston Ave
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