HIGHEST AND BEST DUE BY 10 A.M. 6/17 Rare Opportunity- 8-Bay Garage with Residential unit. This versatile property located in the vibrant heart of Newport offers an 8-bay garage with an existing 2-bedroom dwelling above, presenting a rare chance to create something truly special in downtown Newport. **PROPERTY DEEMED UNSAFE BY CITY** Front two garage bays are ordered to be demolished. Please do not attempt to access. Being SOLD “as-is”. Whether you're a savvy investor, developer, or visionary homeowner, this property holds endless potential. The existing structure will require extensive rehabilitation or may be better suited for redevelopment, offering a clean slate to bring your dream project to life. Zoned for residential use, this site could be transformed into a stunning custom residence, income-producing units or stylish live/work space (subject to local approvals). Walk to all waterfront attractions, shops, restaurants, and historic landmarks, the location is unmatched. Properties with this level of flexibility and opportunity are exceedingly rare – don't miss your chance to reimagine this space and capitalize on the demand for centrally located real estate in Newport. Endless potential. Premier location. Unlock the possibilities at 23 Calvert Street.
Sold for $590,000
$590,000
23 Calvert St, Newport, RI 02840
2beds
1,100sqft
Single Family Residence
Built in 1920
4,848.23 Square Feet Lot
$603,300 Zestimate®
$536/sqft
$3,095 Estimated rent
Home value
$603,300
$495,000 - $736,000
$3,095/mo
Zestimate® history
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$2,863/mo
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Residential unit
Zillow last checked:
Listing updated:
Listed by:
Michelle Cartwright 401-663-5677,
RE/MAX River's Edge
Bought with:
Michelle Cartwright, REB.0016516
RE/MAX River's Edge
Source: StateWide MLS RI,MLS#: 1387319
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Features: Bath w Tub & Shower
Heating
- Oil, Forced Water
Cooling
- None
Features
- Wall (Paneled), Insulation (Unknown)
- Flooring: Laminate
- Basement: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,100
- Total interior livable area: 1,100 sqft
- Finished area above ground: 1,100
- Finished area below ground: 0
Property
Parking
- Total spaces: 12
- Parking features: Attached
- Attached garage spaces: 8
Lot
- Size: 4,848 sqft
Details
- Parcel number: NEWPM019B0130
- Zoning: R10
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Paneled, Clapboard
- Foundation: Mixed
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Water: Public
- Utilities for property: Sewer Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Commuter Bus, Hospital, Marina, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming
Location
- Region: Newport
- Subdivision: Broadway
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2025 | Sold | $590,000+2.6%$536/sqft |
Source:  StateWide MLS RI #1387319 Report a problem | ||
| 6/18/2025 | Pending sale | $575,000$523/sqft |
Source: StateWide MLS RI #1387319 Report a problem | ||
| 6/10/2025 | Listed for sale | $575,000+538.9%$523/sqft |
Source: StateWide MLS RI #1387319 Report a problem | ||
| 1/12/1994 | Sold | $90,000$82/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,737 +5.7% | $430,100 |
| 2024 | $3,535 +29% | $430,100 +50.9% |
| 2023 | $2,740 | $285,100 |
| 2022 | $2,740 +3% | $285,100 |
| 2021 | $2,660 -11.8% | $285,100 -2.9% |
| 2020 | $3,017 | $293,500 |
| 2019 | $3,017 +2.9% | $293,500 |
| 2018 | $2,932 +4.4% | $293,500 +17.2% |
| 2017 | $2,808 +2.6% | $250,500 |
| 2016 | $2,738 +2.4% | $250,500 |
| 2015 | $2,673 -11.3% | $250,500 +0.2% |
| 2014 | $3,015 +6.2% | $250,000 |
| 2012 | $2,840 -2.3% | $250,000 -14.6% |
| 2011 | $2,906 +3.9% | $292,600 |
| 2010 | $2,797 +0.4% | $292,600 |
| 2009 | $2,786 +2.3% | $292,600 -6.8% |
| 2008 | $2,723 +3.9% | $314,100 |
| 2007 | $2,620 +4% | $314,100 |
| 2006 | $2,519 +13.2% | $314,100 +101.7% |
| 2005 | $2,225 +11.2% | $155,700 |
| 2002 | $2,001 | $155,700 |
Find assessor info on the county website
Neighborhood: Kay/Catherine
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: 1.1 mi
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Estimated market value
$603,300
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
$603,300
- Rhode Island
- Newport County
- Newport
- 02840
- Kay/Catherine
- 23 Calvert St
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