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Off market
  • $1,379,600

    5 Carey St, Newport, RI 02840

    8beds
    2,962sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $1,379,600 Zestimate®
    $466/sqft
    $4,256 Estimated rent

    Home value

    $1,379,600

    $1.23M - $1.55M

    $4,256/mo

    Zestimate® history
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    $4,256/mo

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    What's special

    Ideally suited for short term rentals under Newport's Guest House rules with easy rental possiblities of two bedrooms in the upstairs unit with privacy from the owners spaces. Large 2 Family for Sale in Newport's highly desirable Fifth Ward/Yachting Village neighborhood. Four bedroom 2 bath on first floor, 4 bedroom 2 full bath townhouse style second and third floor. Parking for two cars tandem, opportunity to create additional parking in backyard subject to any required approvals. Updated electrical and plumbing, separate water meters and heating systems. Strong rental history. Spacious entry halls and back stair halls, easy furniture entry. Sweet glassed in sunporch in rear on second floor. Second floor apartment has flexible space between second and third floor. Tenants on first floor out October 15th, second floor out October 1st. Enormous investment potential and great opportunity for owner occupied.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard, Other, Gas, Oil, Other
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Range / Oven, Refrigerator
    Features
    • Flooring: Tile, Hardwood, Laminate, Linoleum / Vinyl
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,962 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off-street, On-street
    Features
    • Exterior features: Vinyl, Wood
    • Has view: Yes
    • View description: None
    Lot
    • Size: 3,998 sqft
    Details
    • Parcel number: NEWPM040B0063

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Community & neighborhood

    Community
    • Community features: On Site Laundry Available
    Location
    • Region: Newport

    Other

    Other facts
    • Electricity not included in rent
    • Gas not included in rent
    • Hot water not included in rent
    • Sewage included in rent
    • Water included in rent

    Price history

    DateEventPrice
    9/1/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    8/19/2021Price change$3,000-6.3%$1/sqft
    Source: Zillow Rental Manager Report a problem
    8/11/2021Listed for rent$3,200$1/sqft
    Source: Zillow Rental Manager Report a problem
    1/2/2019Sold$686,500-0.4%$232/sqft
    Source: StateWide MLS RI #1203543 Report a problem
    9/9/2018Listed for sale$689,000+36.4%$233/sqft
    Source: Warner Realty Group #1203543 Report a problem
    5/31/2005Sold$505,000$170/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,664 -12.7%$1,067,400
    2024$8,774 +33.7%$1,067,400 +56.3%
    2023$6,561 $682,700
    2022$6,561 +3%$682,700
    2021$6,370 +10%$682,700 +21.2%
    2020$5,790 $563,200
    2019$5,790 +2.9%$563,200
    2018$5,626 +16.5%$563,200 +30.7%
    2017$4,829 +2.5%$430,800
    2016$4,709 +2.4%$430,800
    2015$4,597 +1.6%$430,800 +14.9%
    2014$4,523 +6.2%$375,000
    2012$4,260 +8.5%$375,000 -5.2%
    2011$3,926 +3.9%$395,400
    2010$3,780 +0.4%$395,400
    2009$3,764 -12.2%$395,400 -20.1%
    2008$4,288 +7.7%$494,600 +3.6%
    2007$3,981 +4%$477,300
    2006$3,828 +19.5%$477,300 +112.9%
    2005$3,204 +11.2%$224,200
    2002$2,881 $224,200

    Find assessor info on the county website

    Neighborhood: Fifth Ward

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,379,600
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    Estimated market value
    $1,379,600