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For sale
  • $1,275,000

    440 Broadway, Newport, RI 02840

    2beds
    2,164sqft
    : 
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    Multi Family
    Built in 1935
    -- sqft lot
    $1,219,400 Zestimate®
    $589/sqft
    $-- HOA

    What's special

    Private yardDetached two-car garageFull basementPrivate deckHighly visible corner lotHigh ceilingsHardwood floors
    Rare mixed-use investment opportunity in the heart of Newport's thriving Broadway district. Positioned on a highly visible corner lot, 440 Broadway offers a compelling combination of commercial and residential income potential in one of the city's most desirable and walkable neighborhoods. The property features a fully built-out professional office space on the first floor, currently occupied by a well established dental practice with three exam rooms, laboratory, private office, reception area, waiting room, bathroom, and storage. The dental business is not included in the sale of the real estate and will be sold separately. The second-floor residential unit consists of a bright and spacious two-bedroom, one-bath apartment with hardwood floors, high ceilings, abundant natural light, and a private deck. The residential component provides additional income potential and strong rental appeal in Newport's historically supply-constrained housing market. Additional features include a detached two-car garage, two additional off-street parking spaces, private yard, full basement, and walk-up attic offering valuable storage and operational flexibility. The corner-lot location provides excellent visibility, accessibility, and long-term investment appeal. Whether added to an existing portfolio or acquired as a strategic owner-user investment, 440 Broadway presents a unique opportunity to own a versatile mixed-use asset in one of Newport's most established commercial corridors.
    24 days
    |
    904
    |
    19
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Stefanie Carr 608-628-9283,

    Compass

    Source: StateWide MLS RI,MLS#: 1415571MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Heating
      • Oil, Radiant
      Cooling
      • None
      Features
      • Stairs
      • Flooring: Hardwood, Carpet
      • Basement: Full,Interior Entry,Unfinished
      • Attic: Attic Stairs, Attic Storage
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 2,164
      • Total interior livable area: 2,164 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Detached
      • Garage spaces: 2
      Features
      • Stories: 2
      Lot
      • Size: 5,009 Square Feet
      • Features: Corner Lot
      Details
      • Parcel number: NEWPM007B0438
      • Zoning: R10

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Clapboard
      Condition
      • New construction: No
      • Year built: 1935

      Utilities & green energy

      • Electric: 200+ Amp Service
      • Sewer: Public Sewer
      • Water: Municipal
      • Utilities for property: Sewer Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Broadway
      HOA
      • Has HOA: No
      Location
      • Region: Newport

      Financial & listing details

      • Price per square foot: $589/sqft
      • Tax assessed value: $770,200
      • Annual tax amount: $5,530
      • Date on market: 6/18/2026
      • Total actual rent: 2500

        Estimated market value

        $1,219,400

        $1.16M - $1.28M

        $2,187/mo

        Price history

        DateEventPrice
        6/18/2026Listed for sale$1,275,000+140.6%$589/sqft
        Source: StateWide MLS RI #1415571 Report a problem
        10/27/2005Sold$530,000$245/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,530 $770,200
        2024-- $770,200 +37.1%
        2023-- $561,800
        2022-- $561,800
        2021-- $561,800 +16%
        2020-- $484,200
        2019-- $484,200
        2018-- $484,200 +8.2%
        2017-- $447,600
        2016-- $447,600
        2015-- $447,600 -18.5%
        2010-- $549,000
        2009-- $549,000 +4.7%
        2008-- $524,300
        2007-- $524,300
        2006-- $524,300 +113.2%
        2005-- $245,900
        2002$3,160 $245,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Broadway

        Getting around

        73 / 100
        Very Walkable
        35 / 100
        Some Transit
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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