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For sale
  • $1,350,000

    32 Houston Ave, Newport, RI 02840

    5beds
    2,553sqft
    : 
    $8,078/mo
    Get pre-qualified
    Multi Family
    Built in 1880
    -- sqft lot
    $1,282,600 Zestimate®
    $529/sqft
    $-- HOA

    What's special

    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
    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#: 1416850MLS Logo

      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

        $1,282,600

        $1.22M - $1.35M

        $3,563/mo

        Price history

        DateEventPrice
        7/8/2026Listed for sale$1,350,000$529/sqft
        Source: StateWide MLS RI #1416850 Report a problem
        7/6/2026Listing removed$1,350,000$529/sqft
        Source: StateWide MLS RI #1410680 Report a problem
        4/22/2026Listed for sale$1,350,000-3.2%$529/sqft
        Source: StateWide MLS RI #1410680 Report a problem
        4/20/2026Listing removed$1,395,000$546/sqft
        Source: StateWide MLS RI #1404910 Report a problem
        2/19/2026Listed for sale$1,395,000+86%$546/sqft
        Source: StateWide MLS RI #1404910 Report a problem
        10/30/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        10/17/2022Listed for rent$3,000$1/sqft
        Source: Zillow Rental Manager Report a problem
        10/10/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        10/3/2022Price change$3,000-3.2%$1/sqft
        Source: Zillow Rental Manager Report a problem
        9/28/2022Price change$3,100-6.1%$1/sqft
        Source: Zillow Rental Manager Report a problem
        9/1/2022Price change$3,300-2.9%$1/sqft
        Source: Zillow Rental Manager Report a problem
        8/3/2022Listed for rent$3,400$1/sqft
        Source: Zillow Rental Manager Report a problem
        3/28/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        3/1/2022Price change$3,400-5.6%$1/sqft
        Source: Zillow Rental Manager Report a problem
        1/27/2022Listed for rent$3,600+140%$1/sqft
        Source: Zillow Rental Manager Report a problem
        11/9/2020Sold$750,000$294/sqft
        Source: StateWide MLS RI #1262213 Report a problem
        10/17/2020Pending sale$750,000$294/sqft
        Source: RE/MAX Professionals #1262213 Report a problem
        8/20/2020Listed for sale$750,000+114.3%$294/sqft
        Source: RE/MAX Profnl. Newport, Inc. #1262213 Report a problem
        12/30/2016Sold$350,000-6.7%$137/sqft
        Source: Public Record Report a problem
        5/12/2013Listing removed$1,500$1/sqft
        Source: Chad A. Kritzas Report a problem
        8/9/2012Listed for rent$1,500$1/sqft
        Source: Chad A. Kritzas Report a problem
        3/12/2011Listing removed$1,500$1/sqft
        Source: Chad A. Kritzas Report a problem
        2/15/2011Listed for rent$1,500$1/sqft
        Source: Chad A. Kritzas Report a problem
        11/6/2006Sold$375,000$147/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Fifth Ward

        Getting around

        81 / 100
        Very Walkable
        22 / 100
        Minimal Transit
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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