Multi-Unit Opportunity: The Point, Newport. A rare opportunity to acquire a fully restored 3 unit property in the coveted Point neighborhood. The property has undergone an extensive top-to-bottom renovation and modernization while preserving the character and charm. Each unit features 2 beds and 1 bath. Since 2023, the current owner has invested substantially in both building systems and finishes, including opened floorplans, updated electrical service, heating and cooling improvements, insulation, sound attenuation between units, roofing, plumbing upgrades, reclaimed hardwood flooring, in-unit laundry, and extensive exterior restoration. The property offers three thoughtfully designed residences: • First-floor residence with direct access to the shared garden and patio. • Second-floor residence with private entrance. • Third-floor residence featuring dramatic ceilings and charm. • Unfinished basement with storage and large assigned lockers for each unit. • There is one off street parking space that will be sold separately. Outside, residents enjoy professionally designed shared grounds including dining, seating, and garden spaces. Whether purchased as a high-quality investment property, a multigenerational compound, or a future condominium conversion, 17 Willow presents a unique combination of historic character, modern infrastructure, and exceptional location within walking distance of Newport Harbor, downtown shops, restaurants, and waterfront amenities.
For sale
$2,600,000
17 Willow St, Newport, RI 02840
6beds
2,230sqft
Multi Family
Built in 1800
-- sqft lot
$2,481,800 Zestimate®
$1,166/sqft
$-- HOA
What's special
Shared garden and patioIn-unit laundryExtensive exterior restorationOpened floorplansReclaimed hardwood flooring
- 27 days |
- 849 |
- 36 |
Zillow last checked:
Listing updated:
Listed by:
Frank Maher 401-396-7342,
REMAX Revolution
Source: StateWide MLS RI,MLS#: 1414801
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Shower Stall
Heating
- Natural Gas, Baseboard, Central Air, Central
Cooling
- Central Air
Appliances
- Laundry: In Building, In Unit
Features
- Wall (Dry Wall), Plumbing (Mixed)
- Flooring: Hardwood, Other
- Basement: Full,Bulkhead,Unfinished,Common,Laundry,Storage Space
- Has fireplace: No
Interior area
- Total structure area: 1,684
- Total interior livable area: 2,230 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: No Garage
Features
- Stories: 4
- Fencing: Fenced
- Waterfront features: Walk to Salt Water, Walk To Water
Lot
- Size: 2,613 Square Feet
- Features: Local Historic District
Details
- Parcel number: NEWPM012B0286
- Zoning: r10
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Clapboard
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1800
Utilities & green energy
- Electric: 100 Amp Service
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: The Point
HOA
- Has HOA: No
Location
- Region: Newport
Financial & listing details
- Price per square foot: $1,166/sqft
- Tax assessed value: $960,600
- Annual tax amount: $8,347
- Date on market: 6/12/2026
- Total actual rent: 10200
Estimated market value
$2,481,800
$2.36M - $2.61M
$3,413/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Listed for sale | $2,600,000+160%$1,166/sqft |
Source: | ||
| 5/30/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/26/2023 | Listed for rent | $4,000$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/5/2023 | Sold | $1,000,000+0.1%$448/sqft |
Source: | ||
| 4/28/2023 | Pending sale | $999,000$448/sqft |
Source: | ||
| 4/7/2023 | Contingent | $999,000$448/sqft |
Source: | ||
| 3/31/2023 | Listed for sale | $999,000-9.2%$448/sqft |
Source: | ||
| 11/6/2021 | Listing removed | -- |
Source: | ||
| 5/6/2021 | Listed for sale | $1,100,000+193.3%$493/sqft |
Source: | ||
| 6/16/2010 | Sold | $375,000-3.6%$168/sqft |
Source: Public Record Report a problem | ||
| 5/15/2010 | Listed for sale | $389,000+52.5%$174/sqft |
Source: ReMax Professionals of Newport #966618 Report a problem | ||
| 5/7/2001 | Sold | $255,000$114/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,347 +2.5% | $960,600 -3% |
| 2024 | $8,144 +32.7% | $990,700 +55.1% |
| 2023 | $6,139 | $638,800 |
| 2022 | $6,139 +3% | $638,800 |
| 2021 | $5,960 +11.9% | $638,800 +23.3% |
| 2020 | $5,325 | $518,000 |
| 2019 | $5,325 +2.9% | $518,000 |
| 2018 | $5,175 -1.3% | $518,000 +10.8% |
| 2017 | $5,243 +2.6% | $467,700 |
| 2016 | $5,112 +2.4% | $467,700 |
| 2015 | $4,990 +9.8% | $467,700 +24.2% |
| 2014 | $4,543 +6.2% | $376,700 |
| 2012 | $4,279 -3.1% | $376,700 -15.3% |
| 2011 | $4,418 +3.9% | $444,900 |
| 2010 | $4,253 +0.4% | $444,900 |
| 2009 | $4,235 -8.9% | $444,900 -17% |
| 2008 | $4,648 +4% | $536,100 |
| 2007 | $4,471 +4% | $536,100 |
| 2006 | $4,300 +10.1% | $536,100 +96.1% |
| 2005 | $3,907 +11.2% | $273,400 |
| 2002 | $3,513 | $273,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: The Point
Nearby schools
GreatSchools rating
- 3/10Frank E. Thompson Middle SchoolGrades: 5-8Distance: 0.5 mi
- 4/10Rogers High SchoolGrades: 9-12Distance: 1.8 mi
- 4/10Pell Elementary SchoolGrades: PK-4Distance: 1.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Rhode Island
- Newport County
- Newport
- 02840
- The Point
- 17 Willow St






