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Sold for $887,500
    • $887,500

    24 Pond Ave, Newport, RI 02840

    5beds
    2,160sqft
    Multi Family
    Built in 1890
    -- sqft lot
    $866,300 Zestimate®
    $411/sqft
    $3,338 Estimated rent

    Home value

    $866,300

    $823,000 - $910,000

    $3,338/mo

    Zestimate® history
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    What's special

    Turnkey 2-family investment opportunity in a prime Newport location. Offering three levels of living space, this well-maintained multi-family property presents strong income potential with a proven rental history. Ideally situated near Broadway, the property provides great walkability and convenient access to local restaurants, shops, and everyday amenities, as well as close proximity to the Newport Naval Station, downtown Newport, and area beaches. The layout offers flexibility for both investors and owner-occupants seeking rental income. Additional highlights include separate utilities, basement storage and the potential to create off-street parking, adding further value. A rare opportunity to own a move-in ready multi-family property in one of Newport’s most desirable and high-demand rental markets.

    Zillow last checked:

    Listing updated:

    Listed by:

    Fitzpatrick Team 401-848-7827,

    RE/MAX Results,

    Joseph Fitzpatrick 401-835-2045,

    RE/MAX Results

    Bought with:

    Louise Cardoni, RES.0026433

    Century 21 Topsail Realty

    Source: StateWide MLS RI,MLS#: 1417971MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Natural Gas, Forced Water
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Gas Water Heater
    • Laundry: Common Area, In Building
    Features
    • Flooring: Hardwood, Laminate, Carpet
    • Basement: Full,Bulkhead,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,160
    • Total interior livable area: 2,160 sqft

    Property

    Parking
    • Parking features: No Garage
    Features
    • Stories: 3
    Lot
    • Size: 2,178 Square Feet
    Details
    • Parcel number: NEWPM014B0034
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Clapboard
    Condition
    • New construction: No
    • Year built: 1890

    Utilities & green energy

    • Electric: 100 Amp Service, Circuit Breakers, Individual Meter
    • Water: Individual Meter
    • Utilities for property: Sewer Connected, Water Connected

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Newport

    Financial & listing details

    • Price per square foot: $411/sqft
    • Tax assessed value: $487,000
    • Annual tax amount: $4,232
    • Date on market: 7/16/2026
    • Total actual rent: 5300
    • Tenant pays: Hot Water, Heat

    Price history

    DateEventPrice
    9/4/2026Sold$887,500-0.8%$411/sqft
    Source: StateWide MLS RI #1417971 Report a problem
    8/3/2026Contingent$895,000$414/sqft
    Source: StateWide MLS RI #1417971 Report a problem
    7/16/2026Listed for sale$895,000+124.3%$414/sqft
    Source: StateWide MLS RI #1417971 Report a problem
    4/21/2015Listing removed$1,200$1/sqft
    Source: RE/MAX Profnl. Newport, Inc. #1091965 Report a problem
    4/8/2015Listed for rent$1,200$1/sqft
    Source: RE/MAX Professionals #1091965 Report a problem
    5/12/2008Listing removed$399,000$185/sqft
    Source: Visual Tour #758592 Report a problem
    2/21/2008Price change$399,000+22066.7%$185/sqft
    Source: Visual Tour #758592 Report a problem
    2/19/2008Price change$1,800-99.5%$1/sqft
    Source: Visual Tour #758592 Report a problem
    1/18/2008Listed for sale$399,000+206.9%$185/sqft
    Source: Visual Tour #758592 Report a problem
    8/21/2000Sold$130,000$60/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,232 +5.7%$487,000
    2024$4,003 +34.4%$487,000 +57.1%
    2023$2,978 $309,900
    2022$2,978 +3%$309,900
    2021$2,891 +7.8%$309,900 +18.8%
    2020$2,682 $260,900
    2019$2,682 +2.9%$260,900
    2018$2,606 +6.5%$260,900 +19.6%
    2017$2,446 +2.6%$218,200
    2016$2,385 +2.4%$218,200
    2015$2,328 +1.6%$218,200 +14.8%
    2014$2,291 +6.2%$190,000
    2012$2,158 -2.2%$190,000 -14.5%
    2011$2,206 +3.9%$222,200
    2010$2,124 +0.4%$222,200
    2009$2,115 -15.9%$222,200 -23.4%
    2008$2,516 +4%$290,200
    2007$2,420 +4%$290,200
    2006$2,327 +21.1%$290,200 +115.8%
    2005$1,922 +11.2%$134,500
    2002$1,728 $134,500
    Find assessor info on the county website

    Neighborhood: Kerry Hill/Van Zandt

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $866,300
    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
    $866,300

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