For sale

$525,000

259 Gibbs Ave #7, Newport, RI 02840

1beds

723sqft

$3,680/mo

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Condominium

Built in 1900

-- sqft lot

$501,200 Zestimate^®

$726/sqft

$334/mo HOA

What's special

One dedicated parking spaceIn-unit laundryBeautifully renovated condoPrivate ground-level entranceChic kitchenModern bathBright and inviting interior

Sunny, stylish, and ideally located, this beautifully renovated condo offers easy Newport living just minutes from downtown, the Cliff Walk, and area beaches. Proudly situated at the corner of Champlin Street and tree-lined Gibbs Avenue, the residence features its own private, ground-level entrance. Upstairs, the bright and inviting interior offers a chic kitchen, modern bath, and a generously sized bedroom, plus a versatile bonus room with windows and a closet—ideal for a home office or guest sleeping quarters. Fully renovated in 2023, the unit also features in-unit laundry, one dedicated parking space, and access to shared outdoor space. Professionally managed and conveniently located for biking to town, the beach, and the Cliff Walk, this charming condo makes an ideal year-round home, Newport getaway, or investment opportunity.

30 days
1,042
34

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Bathroom

Features: Bath w Tub & Shower

Heating

Natural Gas, Baseboard

Cooling

Window Unit(s)

Appliances

Included: Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
Laundry: In Unit

Features

Wall (Dry Wall), Stairs, Plumbing (Mixed)
Flooring: Ceramic Tile, Laminate
Basement: None
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 723
Total interior livable area: 723 sqft
Finished area above ground: 723
Finished area below ground: 0

Video & virtual tour

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Property

Parking

Total spaces: 1
Parking features: No Garage, Assigned

Features

Stories: 2
Entry location: First Floor Access,Private Entry
Waterfront features: Walk to Salt Water, Walk To Water

Lot

Features: Corner Lot, Paved

Details

Parcel number: NEWPM023B0004L7
Zoning: R10A

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Dry Wall, Shingles
Foundation: Slab

Condition

New construction: No
Year built: 1900

Utilities & green energy

Electric: 100 Amp Service
Water: In Fee
Utilities for property: Sewer Connected, Water Connected

Community & HOA

Community

Features: Golf, Hospital, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
Subdivision: Kay/Catherine

HOA

Has HOA: No
HOA fee: $334 monthly

Location

Region: Newport

Financial & listing details

Price per square foot: $726/sqft
Tax assessed value: $399,400
Annual tax amount: $2,867
Date on market: 8/11/2026
Inclusions: Taxes based on full time residential use. Dogs up to 50lbs considered for unit owners, and cats. One pet per unit. Up to three (3) rentals per year, with a 3 month minimum.

Estimated market value

$501,200

$476,000 - $526,000

$2,843/mo

Price history

Date	Event	Price
8/11/2026	Listed for sale	$525,000+22.4%$726/sqft
Source: StateWide MLS RI #1420352 Report a problem
8/19/2025	Listing removed	$5,000$7/sqft
Source: Zillow Rentals Report a problem
6/7/2025	Listed for rent	$5,000$7/sqft
Source: Zillow Rentals Report a problem
6/5/2023	Sold	$429,000$593/sqft
Source: StateWide MLS RI #1333196 Report a problem
5/22/2023	Pending sale	$429,000$593/sqft
Source: StateWide MLS RI #1333196 Report a problem
4/28/2023	Contingent	$429,000$593/sqft
Source: StateWide MLS RI #1333196 Report a problem
4/19/2023	Listed for sale	$429,000$593/sqft
Source: StateWide MLS RI #1333196 Report a problem