Rare three-family home in Newport’s Fifth Ward set on an oversized 8,500+ square foot lot, just six doors from King Park and Newport Harbor. A short walk brings you to Thames Street, downtown, and some of the area’s best dining, shops, beaches, NYYC, Ida Lewis YC, and more. One of Newport’s most walkable and desirable coastal neighborhoods. The property features an updated first-floor three-bedroom unit with in-unit laundry, along with two well-maintained one-bedroom units on the second and third floors. Two of the three units currently have leases in place, offering immediate income with flexibility moving forward. Whether maintained as a multi-family investment, repositioned to increase rental potential, or converted into a larger single-family residence, the property offers multiple paths depending on your goals. The expansive lot provides ample off-street parking and presents additional opportunity for outdoor improvements, a garage, or future expansion. A strong offering in a PRIME location, with both current income and long-term upside
For sale
$1,350,000
32 Houston Ave, Newport, RI 02840
5beds
2,553sqft
Multi Family
Built in 1880
-- sqft lot
$1,282,600 Zestimate®
$529/sqft
$-- HOA
What's special
- 44 days |
- 1,227 |
- 37 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Tyler Bernadyn 401-241-1851,
RE/MAX Results
Source: StateWide MLS RI,MLS#: 1416850
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Tub & Shower
Heating
- Natural Gas, Baseboard, Forced Water
Cooling
- Window Unit(s)
Appliances
- Included: Electric Water Heater, Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Trash Compactor, Washer
- Laundry: Common Area, In Unit
Features
- Wall (Dry Wall), Insulation (Unknown)
- Flooring: Vinyl
- Basement: Full,Walk-Out Access,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,552
- Total interior livable area: 2,553 sqft
Video & virtual tour
Property
Parking
- Total spaces: 8
- Parking features: No Garage
Features
- Stories: 3
- Waterfront features: Walk to Salt Water, Walk To Water
Lot
- Size: 8,502 Square Feet
Details
- Parcel number: NEWPM039B0303
- Zoning: R10
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Vinyl Siding
- Foundation: Mixed
Condition
- New construction: No
- Year built: 1880
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Marina, Recreational Facilities, Restaurants, Near Shopping, Near Swimming
HOA
- Has HOA: No
Location
- Region: Newport
Financial & listing details
- Price per square foot: $529/sqft
- Tax assessed value: $1,082,100
- Annual tax amount: $9,402
- Date on market: 7/8/2026
- Total actual rent: 4800
- Tenant pays: Hot Water
Estimated market value
Zestimate®
$1,282,600
Estimated sales range
$1.22M - $1.35M
Rent Zestimate®
$3,563/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Listed for sale | $1,350,000$529/sqft |
Source: | ||
| 7/6/2026 | Listing removed | $1,350,000$529/sqft |
Source: | ||
| 4/22/2026 | Listed for sale | $1,350,000-3.2%$529/sqft |
Source: | ||
| 4/20/2026 | Listing removed | $1,395,000$546/sqft |
Source: | ||
| 2/19/2026 | Listed for sale | $1,395,000+86%$546/sqft |
Source: | ||
| 10/30/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/17/2022 | Listed for rent | $3,000$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 10/10/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/3/2022 | Price change | $3,000-3.2%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/28/2022 | Price change | $3,100-6.1%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/1/2022 | Price change | $3,300-2.9%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/3/2022 | Listed for rent | $3,400$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/28/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/1/2022 | Price change | $3,400-5.6%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 1/27/2022 | Listed for rent | $3,600+140%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 11/9/2020 | Sold | $750,000$294/sqft |
Source: | ||
| 10/17/2020 | Pending sale | $750,000$294/sqft |
Source: RE/MAX Professionals #1262213 Report a problem | ||
| 8/20/2020 | Listed for sale | $750,000+114.3%$294/sqft |
Source: RE/MAX Profnl. Newport, Inc. #1262213 Report a problem | ||
| 12/30/2016 | Sold | $350,000-6.7%$137/sqft |
Source: Public Record Report a problem | ||
| 5/12/2013 | Listing removed | $1,500$1/sqft |
Source: Chad A. Kritzas Report a problem | ||
| 8/9/2012 | Listed for rent | $1,500$1/sqft |
Source: Chad A. Kritzas Report a problem | ||
| 3/12/2011 | Listing removed | $1,500$1/sqft |
Source: Chad A. Kritzas Report a problem | ||
| 2/15/2011 | Listed for rent | $1,500$1/sqft |
Source: Chad A. Kritzas Report a problem | ||
| 11/6/2006 | Sold | $375,000$147/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,402 +5.7% | $1,082,100 |
| 2024 | $8,895 +33% | $1,082,100 +55.5% |
| 2023 | $6,688 | $695,900 |
| 2022 | $6,688 +3% | $695,900 |
| 2021 | $6,493 +47% | $695,900 +62% |
| 2020 | $4,417 -15.6% | $429,650 -15.6% |
| 2019 | $5,236 +2.9% | $509,300 |
| 2018 | $5,088 -1.2% | $509,300 +10.9% |
| 2017 | $5,150 +2.6% | $459,400 |
| 2016 | $5,021 +2.4% | $459,400 |
| 2015 | $4,902 +8.1% | $459,400 +22.1% |
| 2014 | $4,536 +6.2% | $376,100 |
| 2012 | $4,272 -12.8% | $376,100 -23.7% |
| 2011 | $4,897 +3.9% | $493,200 |
| 2010 | $4,715 +0.4% | $493,200 |
| 2009 | $4,695 -0.5% | $493,200 -9.4% |
| 2008 | $4,718 +3.9% | $544,200 |
| 2007 | $4,539 +4% | $544,200 |
| 2006 | $4,364 +3.3% | $544,200 +84.1% |
| 2005 | $4,224 +11.2% | $295,600 |
| 2002 | $3,798 | $295,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Fifth Ward
Nearby schools
GreatSchools rating
- 3/10Frank E. Thompson Middle SchoolGrades: 5-8Distance: 1.2 mi
- 4/10Rogers High SchoolGrades: 9-12Distance: 0.5 mi
- 4/10Pell Elementary SchoolGrades: PK-4Distance: 2.4 mi
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