Just off upper Broadway, this home features 3 units, two spacious 3-bedroom apartments and an updated 2-bedroom apartment, all featuring modern upgrades. Recent renovations include a roof, siding, windows, electrical, plumbing, and heating systems. 5 off-street parking spaces, EV charger, a 2-car garage, deck and garden area. Strong rental history, within close proximity to Broadway's restaurants and shops, the U.S. Naval War College, and convenient highway access. A great turnkey property for investors or owner-occupants.
For sale
Price cut: $15K (7/21)
$1,385,000
5 Elliot Pl, Newport, RI 02840
8beds
3,358sqft
Multi Family
Built in 1870
-- sqft lot
$-- Zestimate®
$412/sqft
$-- HOA
What's special
Garden areaEv chargerModern upgrades
- 82 days |
- 465 |
- 23 |
Zillow last checked:
Listing updated:
Listed by:
Alexander Fraioli 401-255-9109,
Edge Realty RI
Source: StateWide MLS RI,MLS#: 1412185
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Tub, Bath w Tub & Shower
Heating
- Natural Gas, Forced Water
Cooling
- None
Appliances
- Included: Electric Water Heater
- Laundry: In Building, In Unit
Features
- Stairs, Plumbing (Mixed), Ceiling Fan(s)
- Flooring: Hardwood
- Basement: Full,Bulkhead,Unfinished,Utility
- Number of fireplaces: 2
Interior area
- Total structure area: 3,358
- Total interior livable area: 3,358 sqft
Video & virtual tour
Property
Parking
- Total spaces: 5
- Parking features: Detached
- Garage spaces: 2
Features
- Stories: 3
Lot
- Size: 5,227 Square Feet
Details
- Parcel number: NEWPM006B0130
- 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: 1870
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Municipal, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Near Public Transport, Commuter Bus, Highway Access, Hospital, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
- Subdivision: Broadway
HOA
- Has HOA: No
Location
- Region: Newport
Financial & listing details
- Price per square foot: $412/sqft
- Tax assessed value: $848,300
- Annual tax amount: $7,371
- Date on market: 5/28/2026
- Total actual rent: 10105
- Tenant pays: Heat
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2026 | Price change | $1,385,000-1.1%$412/sqft |
Source: | ||
| 5/28/2026 | Listed for sale | $1,400,000$417/sqft |
Source: | ||
| 5/12/2026 | Listing removed | $1,400,000$417/sqft |
Source: | ||
| 4/17/2026 | Price change | $1,400,000-1.8%$417/sqft |
Source: | ||
| 2/27/2026 | Price change | $1,425,000-1.7%$424/sqft |
Source: | ||
| 11/12/2025 | Listed for sale | $1,450,000$432/sqft |
Source: | ||
| 3/17/2025 | Listing removed | $1,450,000$432/sqft |
Source: | ||
| 1/13/2025 | Price change | $1,450,000-1.7%$432/sqft |
Source: | ||
| 11/24/2024 | Listed for sale | $1,475,000+22.9%$439/sqft |
Source: | ||
| 3/25/2022 | Sold | $1,200,000+160.9%$357/sqft |
Source: | ||
| 7/16/2015 | Sold | $460,000-12.4%$137/sqft |
Source: Agent Provided Report a problem | ||
| 4/6/2014 | Listed for sale | $525,000+23.8%$156/sqft |
Source: Benchmark Associates, Inc. #1055135 Report a problem | ||
| 3/16/2011 | Listing removed | $424,000$126/sqft |
Source: Benchmark Associates, Inc. #979817 Report a problem | ||
| 11/10/2010 | Listed for sale | $424,000+53.6%$126/sqft |
Source: Benchmark Associates, Inc. #979817 Report a problem | ||
| 5/31/2002 | Sold | $276,000$82/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,371 +5.7% | $848,300 |
| 2024 | $6,973 +31.7% | $848,300 +53.9% |
| 2023 | $5,296 | $551,100 |
| 2022 | $5,296 +3% | $551,100 |
| 2021 | $5,142 +17.1% | $551,100 +29% |
| 2020 | $4,391 | $427,100 |
| 2019 | $4,391 +2.9% | $427,100 |
| 2018 | $4,267 -2.2% | $427,100 +9.8% |
| 2017 | $4,361 +2.6% | $389,000 |
| 2016 | $4,252 +2.4% | $389,000 |
| 2015 | $4,151 +9.9% | $389,000 +24.2% |
| 2014 | $3,778 +6.2% | $313,300 |
| 2012 | $3,559 -16.9% | $313,300 -27.4% |
| 2011 | $4,285 +3.9% | $431,500 |
| 2010 | $4,125 +0.4% | $431,500 |
| 2009 | $4,108 -3.6% | $431,500 -12.2% |
| 2008 | $4,260 +4% | $491,300 |
| 2007 | $4,097 +4% | $491,300 |
| 2006 | $3,940 +6.4% | $491,300 +89.5% |
| 2005 | $3,704 +11.2% | $259,200 |
| 2002 | $3,331 | $259,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Broadway
Nearby schools
GreatSchools rating
- 4/10Pell Elementary SchoolGrades: PK-4Distance: 0.4 mi
- 3/10Frank E. Thompson Middle SchoolGrades: 5-8Distance: 0.9 mi
- 4/10Rogers High SchoolGrades: 9-12Distance: 2.6 mi
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