Exceptional investment! Unlock the potential of this duplex that sits on a coveted oversized lot in the heart of the desirable 5th Ward. Situated on a prominent corner lot, this property is a diamond in the rough. Perfect for an investor or savvy homeowner ready to restore its classic character. Just steps from King Park and the Newport Harbor, this property perfectly blends a coastal lifestyle with urban convenience. There is a 3-car garage and ample off street parking, a rare find in this historic neighborhood. The existing garage structure offers an ideal footprint for a potential Accessory Dwelling Unit or modifications can be made to the home itself. Perfect as a high yield rental or a primary home with income potential. Don't miss this opportunity to own a versatile property in one of Newport's premier locations. Maximize your returns! The property offers significant value-add potential!
Sold for $1,006,000
$1,006,000
68 Old Fort Rd, Newport, RI 02840
3beds
1,762sqft
Multi Family
Built in 1920
-- sqft lot
$1,006,100 Zestimate®
$571/sqft
$3,264 Estimated rent
Home value
$1,006,100
$916,000 - $1.11M
$3,264/mo
Zestimate® history
Owner options
List your home for rent
$3,264/mo
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$3,264/mo
Rent Zestimate®
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$4,882/mo
Est. payment
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$4,882/mo
Est. payment
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List your homeWhat's special
Ample off street parkingProminent corner lotCoveted oversized lot
Zillow last checked:
Listing updated:
Listed by:
Karen Dill 401-741-2541,
Homes By Connect
Bought with:
Paul Fleming, RES.0034383
William Raveis Inspire
Source: StateWide MLS RI,MLS#: 1409750
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Features: Bath w Tub & Shower
Heating
- Natural Gas, Gas Connected
Cooling
- None
Appliances
- Included: Gas Water Heater, Oven/Range, Refrigerator
Features
- Wall (Plaster), Stairs, Insulation (Unknown), Ceiling Fan(s)
- Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
- Basement: Full,Interior Entry,Unfinished,Storage Space,Utility
- Number of fireplaces: 1
- Fireplace features: Stone
Interior area
- Total structure area: 1,762
- Total interior livable area: 1,762 sqft
Property
Parking
- Total spaces: 5
- Parking features: Detached, Integral, Driveway
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Patio
Lot
- Size: 8,489 sqft
- Features: Corner Lot, Sidewalks
Details
- Parcel number: NEWPM041B0127
- Zoning: R10
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Plaster, Clapboard, Shingles, Wood
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Municipal
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
Location
- Region: Newport
- Subdivision: Fifth Ward
HOA & financial
Other financial information
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Sold | $1,006,000+1.6%$571/sqft |
Source:  StateWide MLS RI #1409750 Report a problem | ||
| 4/23/2026 | Pending sale | $990,000$562/sqft |
Source: StateWide MLS RI #1409750 Report a problem | ||
| 4/17/2026 | Listed for sale | $990,000$562/sqft |
Source: StateWide MLS RI #1409750 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,441 +5.7% | $971,500 |
| 2024 | $7,986 +21.8% | $971,500 +42.4% |
| 2023 | $6,554 | $682,000 |
| 2022 | $6,554 +3% | $682,000 |
| 2021 | $6,363 +27.5% | $682,000 +40.5% |
| 2020 | $4,989 | $485,300 |
| 2019 | $4,989 +2.9% | $485,300 |
| 2018 | $4,848 +12.6% | $485,300 +26.3% |
| 2017 | $4,307 +2.6% | $384,200 |
| 2016 | $4,199 +2.4% | $384,200 |
| 2015 | $4,099 +6% | $384,200 +19.8% |
| 2014 | $3,866 +6.2% | $320,600 |
| 2012 | $3,642 +12.1% | $320,600 -2% |
| 2011 | $3,249 +3.9% | $327,200 |
| 2010 | $3,128 +0.4% | $327,200 |
| 2009 | $3,115 -19.9% | $327,200 -27.1% |
| 2008 | $3,889 +4% | $448,600 |
| 2007 | $3,741 +4% | $448,600 |
| 2006 | $3,598 +13.9% | $448,600 +102.9% |
| 2005 | $3,160 +11.2% | $221,100 |
| 2002 | $2,841 | $221,100 |
Find assessor info on the county website
Neighborhood: Fifth Ward
Nearby schools
GreatSchools rating
- 3/10Frank E. Thompson Middle SchoolGrades: 5-8Distance: 1.6 mi
- 4/10Rogers High SchoolGrades: 9-12Distance: 0.2 mi
- 4/10Pell Elementary SchoolGrades: PK-4Distance: 2.8 mi
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Estimated market value
$1,006,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,006,100
- Rhode Island
- Newport County
- Newport
- 02840
- Fifth Ward
- 68 Old Fort Rd
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Nearby neighborhoods
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