Sold for $1,805,000

$1,805,000

27-29 Franklin St, Newport, RI 02840

5beds

3,445sqft

Multi Family

Built in 1745

-- sqft lot

$1,830,300 Zestimate^®

$524/sqft

$3,816 Estimated rent

Home value

$1,830,300

$1.50M - $2.23M

$3,816/mo

Zestimate^® history

Owner options

List your home for rent

$3,816/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$3,816/mo

Rent Zestimate^®

Refinance and save

$8,759/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$8,759/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

High ceilingsGreat light

The c1745 Benjamin Norton House is a well maintained, legal 4 unit in Historic Hill. Located steps from Thames St, this General Business zoned property is perfect for an investor, owner occupy, or short -term rental potential. The first floor offers (2) one-bedroom, one-bath units with great light, high ceilings, and plenty of space. Second floor offers a spacious 1200sf, two-bedroom, one bath unit. Third floor is another large one-bedroom, one bath unit. All units currently occupied. Other features include two tandem off-street parking spaces in the rear and a newer gas heating system.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 4

Bathroom

Features: Bath w Shower Stall, Bath w Tub & Shower

Heating

Natural Gas, Forced Water

Cooling

None

Appliances

Included: Gas Water Heater, Dishwasher, Oven/Range, Refrigerator

Features

Wall (Dry Wall), Wall (Plaster), Skylight, Stairs, Plumbing (Mixed), Insulation (Unknown)
Flooring: Hardwood, Laminate, Vinyl, Carpet
Windows: Skylight(s)
Basement: Full,Interior and Exterior,Unfinished,Storage Space,Utility
Has fireplace: No

Interior area

Total structure area: 2,758
Total interior livable area: 3,445 sqft

Property

Parking

Total spaces: 2
Parking features: No Garage

Features

Stories: 3
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water

Lot

Size: 2,535 Square Feet
Features: Local Historic District

Details

Zoning: GB
Special conditions: Conventional/Market Value

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Dry Wall, Plaster, Clapboard
Foundation: Mixed

Condition

New construction: No
Year built: 1745

Utilities & green energy

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

Community & HOA

Community

Features: Hospital, Marina, Private School, Public School, Restaurants, Near Shopping, Tennis
Subdivision: Historic Hill

HOA

Has HOA: No

Location

Region: Newport

Financial & listing details

Price per square foot: $524/sqft
Annual tax amount: $9,382
Date on market: 8/2/2025
Inclusions: Unit 1R @ $1200/mo. expires 4/30/26 Unit 1L @ $1000/mo. expires 4/30/26 Unit 2 @ $1600/mo. expires 9/1/25 Unit 3 @ $800/mo. expires 5/31/26 Shared driveway/ROW for property in rear.
Total actual rent: 4600

Price history

Date	Event	Price
9/30/2025	Sold	$1,805,000+0.6%$524/sqft
Source: StateWide MLS RI #1391417 Report a problem
8/7/2025	Contingent	$1,795,000$521/sqft
Source: StateWide MLS RI #1391417 Report a problem
8/2/2025	Listed for sale	$1,795,000$521/sqft
Source: StateWide MLS RI #1391417 Report a problem