Great opportunity as an investment property or owner-occupied property with solid rental income of $7800 per month and potential for more. It is a large and spacious 3-family with over 1700 square feet per unit and over 5200 square feet in total. The units are in good condition and have in-unit washer/dryer. There are 3 bedrooms in each unit with potential for a fourth in each with little to no work. Also, it is located in close walking distance to restaurants, bars, and entertainment on Broadway and downtown. All utilities separate.
Sold for $1,390,000
$1,390,000
7 Bayview Ave, Newport, RI 02840
9beds
5,220sqft
Multi Family
Built in 1900
-- sqft lot
$1,539,400 Zestimate®
$266/sqft
$2,845 Estimated rent
Home value
$1,539,400
$1.35M - $1.74M
$2,845/mo
Zestimate® history
Owner options
List your home for rent
$2,845/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,845/mo
Rent Zestimate®
Refinance and save
$6,745/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$6,745/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
The Fraioli-Wilson Team 401-258-0341,
Edge Realty RI,
Alexander Fraioli 401-255-9109,
Edge Realty RI
Bought with:
The Fraioli-Wilson Team
Edge Realty RI
Source: StateWide MLS RI,MLS#: 1351320
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Gas Connected
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Flooring: Hardwood, Carpet
- Basement: Full,Bulkhead,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 5,220
- Total interior livable area: 5,220 sqft
Property
Parking
- Total spaces: 4
- Parking features: No Garage
Lot
- Size: 4,791 sqft
Details
- Parcel number: NEWPM014B0199
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Municipal
Community & neighborhood
Location
- Region: Newport
- Subdivision: Off Broadway
HOA & financial
HOA
- Has HOA: No
Other financial information
- Total actual rent: 8700
Price history
| Date | Event | Price |
|---|---|---|
| 1/19/2024 | Sold | $1,390,000-0.7%$266/sqft |
Source:  StateWide MLS RI #1351320 Report a problem | ||
| 1/28/2022 | Listing removed | -- |
Source: StateWide MLS RI #1287896 Report a problem | ||
| 9/23/2021 | Listed for sale | $1,400,000+273.3%$268/sqft |
Source: StateWide MLS RI #1287896 Report a problem | ||
| 4/15/2020 | Listing removed | $1,800 |
Source: RE/MAX Professionals #1249136 Report a problem | ||
| 3/7/2020 | Listed for rent | $1,800 |
Source: RE/MAX Profnl. Newport, Inc. #1249136 Report a problem | ||
| 4/7/2017 | Listing removed | $1,800 |
Source: RE/MAX PROFESSIONALS (NEWPORT) #1145097 Report a problem | ||
| 1/26/2017 | Listed for rent | $1,800 |
Source: RE/MAX Profnl. Newport, Inc. #1145095 Report a problem | ||
| 3/30/2012 | Sold | $375,000-16.5%$72/sqft |
Source: Public Record Report a problem | ||
| 6/23/2011 | Listed for sale | $449,000$86/sqft |
Source: CENTURY 21 Access America - Newport, RI #995465 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,365 +5.7% | $1,077,800 |
| 2024 | $8,860 +36.3% | $1,077,800 +59.3% |
| 2023 | $6,502 | $676,600 |
| 2022 | $6,502 +3% | $676,600 |
| 2021 | $6,313 +22.1% | $676,600 +34.5% |
| 2020 | $5,172 | $503,100 |
| 2019 | $5,172 +2.9% | $503,100 |
| 2018 | $5,026 -11.2% | $503,100 -0.3% |
| 2017 | $5,659 +2.6% | $504,800 |
| 2016 | $5,517 +2.4% | $504,800 |
| 2015 | $5,386 +13.9% | $504,800 +28.7% |
| 2014 | $4,730 +6.2% | $392,200 |
| 2012 | $4,455 -13.9% | $392,200 -24.7% |
| 2011 | $5,173 +3.9% | $520,900 |
| 2010 | $4,980 +0.4% | $520,900 |
| 2009 | $4,959 -4.4% | $520,900 -12.9% |
| 2008 | $5,186 +4% | $598,100 |
| 2007 | $4,988 -5.4% | $598,100 -9.1% |
| 2006 | $5,275 +15.3% | $657,700 +105.5% |
| 2005 | $4,574 +11.2% | $320,100 |
| 2002 | $4,113 | $320,100 |
Find assessor info on the county website
Neighborhood: Broadway
Nearby schools
GreatSchools rating
- 3/10Frank E. Thompson Middle SchoolGrades: 5-8Distance: 0.4 mi
- 4/10Rogers High SchoolGrades: 9-12Distance: 2.1 mi
- 4/10Pell Elementary SchoolGrades: PK-4Distance: 0.8 mi
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
$1,539,400
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
$1,539,400
- Rhode Island
- Newport County
- Newport
- 02840
- Broadway
- 7 Bayview Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Newport Topics
