For sale

Price cut: $50K (6/8)

$650,000

54 Homer St, Newport, RI 02840

4beds

1,472sqft

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Single Family Residence

Built in 1958

0.39 Acres Lot

$-- Zestimate^®

$442/sqft

$-- HOA

What's special

Generously sized lot

Opportunities like this in Newport do not come often. This 4-bedroom, 1-bath home sits on a generously sized lot just minutes from downtown Newport, Broadway’s restaurants and shops, the waterfront, and with easy highway access to the bridge. Being sold as-is, this property presents an ideal opportunity for investors, contractors, or buyers looking to renovate and add value in one of Rhode Island’s most sought after markets. Whether you are building a portfolio or creating your own Newport retreat, this is the kind of lot and location that rewards vision.

49 days

2,084

27

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 1
Full bathrooms: 1

Bathroom

Features: Bath w Tub & Shower

Heating

Natural Gas, Forced Water

Cooling

None

Appliances

Included: Gas Water Heater, Microwave, Oven/Range, Refrigerator

Features

Wall (Dry Wall), Plumbing (Mixed), Insulation (Unknown)
Flooring: Ceramic Tile, Hardwood, Carpet
Basement: Full,Interior Entry,Unfinished
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 1,472
Total interior livable area: 1,472 sqft
Finished area above ground: 1,472
Finished area below ground: 0

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Property

Parking

Total spaces: 2
Parking features: No Garage

Features

Patio & porch: Porch

Lot

Size: 0.39 Acres
Features: Corner Lot

Details

Parcel number: NEWPM009B0268
Other equipment: Cable TV

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Dry Wall, Vinyl Siding
Foundation: Concrete Perimeter

Condition

New construction: No
Year built: 1958

Utilities & green energy

Electric: 100 Amp Service, Circuit Breakers
Utilities for property: Sewer Connected, Water Connected

Community & HOA

Community

Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis

HOA

Has HOA: No

Location

Region: Newport

Financial & listing details

Price per square foot: $442/sqft
Tax assessed value: $642,900
Annual tax amount: $4,616
Date on market: 5/22/2026

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/8/2026	Price change	$650,000-7.1%$442/sqft
Source: eXp Realty #1411939 Report a problem
5/22/2026	Listed for sale	$700,000+382.8%$476/sqft
Source: eXp Realty #1411939 Report a problem
3/17/2009	Sold	$145,000-22.8%$99/sqft
Source: Public Record Report a problem
12/31/2008	Price change	$187,900-1.8%$128/sqft
Source: foreclosure.com Report a problem
12/17/2008	Price change	$191,250-29.1%$130/sqft
Source: foreclosure.com Report a problem
12/11/2008	Listed for sale	$269,900-6.9%$183/sqft
Source: foreclosure.com Report a problem
9/26/2008	Listing removed	$289,900$197/sqft
Source: MLShomeFinder.com #70807579 Report a problem
8/18/2008	Listed for sale	$289,900+31.2%$197/sqft
Source: MLShomeFinder.com #70807579 Report a problem
8/6/2008	Sold	$221,000-24.3%$150/sqft
Source: Public Record Report a problem
1/18/2006	Sold	$292,000$198/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,616 +3%	$642,900
2024	$4,481 +14.5%	$642,900 +57.9%
2023	$3,913	$407,200
2022	$3,913 +3%	$407,200
2021	$3,799 +17.3%	$407,200 +29.3%
2020	$3,238	$315,000
2019	$3,238 +2.9%	$315,000
2018	$3,147 +12.5%	$315,000 +26.3%
2017	$2,797 +2.6%	$249,500
2016	$2,727 -6.2%	$249,500 -8.4%
2015	$2,907 -2.5%	$272,400 +10.2%
2014	$2,981 +14.2%	$247,200 +7.6%
2012	$2,611 -4.3%	$229,800 -16.3%
2011	$2,728 +3.9%	$274,700
2010	$2,626 +0.4%	$274,700
2009	$2,615 -6.4%	$274,700 -14.8%
2008	$2,794 +3.9%	$322,300
2007	$2,688 +4%	$322,300
2006	$2,585 +15.6%	$322,300 +105.9%
2005	$2,236 +11.2%	$156,500
2002	$2,011	$156,500

Find assessor info on the county website

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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.

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.

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