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.
For sale
$1,275,000
440 Broadway, Newport, RI 02840
2beds
2,164sqft
Multi Family
Built in 1935
-- sqft lot
$1,177,700 Zestimate®
$589/sqft
$-- HOA
What's special
Private yardDetached two-car garageFull basementPrivate deckHighly visible corner lotHigh ceilingsHardwood floors
- 72 days
- 529
- 15
Zillow last checked:
Listing updated:
Listed by:
Stefanie Carr 608-628-9283,
Compass
Source: StateWide MLS RI,MLS#: 1415571
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
$1,177,700
$1.12M - $1.24M
$2,580/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Listed for sale | $1,275,000+140.6%$589/sqft |
Source: | ||
| 10/27/2005 | Sold | $530,000$245/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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






