Presenting 7-9 Clay Street, a stunning two-family home nestled between the magnificent mansions of Bellevue Avenue in Historic Newport, Rhode Island. Built in 1987, this stately residence boasts an unbeatable location within walking distance to downtown, Cliff Walk, Salve Regina, and First Beach. Each unit offers three levels of spacious living. With 3 bedrooms, 2 full bathrooms, and a half bathroom, there is ample room for comfortable, open-space living. The kitchens and bathrooms have been recently updated, showcasing modern finishes and amenities. The property provides an array of desirable features, including parking for 6-8 cars, private backyard space for each side of the home, in-unit laundry, and a fresh exterior paint job. These additional perks add convenience and enhance the overall appeal of this classically inspired New England home. Whether you are an owner-occupant, investor, or second-home buyer, this property presents an ideal opportunity. With its potential for a luxury condo conversion, it opens doors to endless possibilities. Don't miss out on the chance to own this turnkey two-family in one of Rhode Island's most sought-after locations.
Sold for $1,774,500
$1,774,500
79 Clay St, Newport, RI 02840
6beds
3,432sqft
Multi Family
Built in 1987
-- sqft lot
$2,059,200 Zestimate®
$517/sqft
$4,230 Estimated rent
Home value
$2,059,200
$1.89M - $2.27M
$4,230/mo
Zestimate® history
Owner options
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$4,230/mo
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$4,230/mo
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$8,611/mo
Est. payment
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$8,611/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Fitzpatrick Team 401-848-7827,
RE/MAX Profnl. Newport, Inc.
Bought with:
Stacie Mills, REB.0016561
Vanderbilt International Prop.
Source: StateWide MLS RI,MLS#: 1335903
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Bathroom
- Features: Bath w Tub & Shower
Heating
- Natural Gas, Baseboard, Forced Air
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater, Dishwasher, Dryer, Exhaust Fan, Disposal, Range Hood, Microwave, Oven/Range, Refrigerator, Washer
- Laundry: In Building, In Unit
Features
- Wall (Dry Wall), Stairs, Plumbing (Mixed)
- Flooring: Ceramic Tile, Hardwood
- Basement: Full,Interior and Exterior,Unfinished
- Attic: Attic Stairs
- Number of fireplaces: 2
- Fireplace features: Brick
Interior area
- Total structure area: 3,432
- Total interior livable area: 3,432 sqft
Property
Parking
- Total spaces: 8
- Parking features: No Garage
Features
- Waterfront features: Beach, Walk to Salt Water
Lot
- Size: 10,018 sqft
Details
- Parcel number: NEWPM034B0230
- Zoning: R60
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Clapboard
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1987
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Municipal, Public
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Private School, Public School, Recreational Facilities, Near Shopping, Near Swimming, Tennis
Location
- Region: Newport
- Subdivision: Bellevue
HOA & financial
Other financial information
- Total actual rent: 9900
Price history
| Date | Event | Price |
|---|---|---|
| 10/6/2023 | Sold | $1,774,500-1.4%$517/sqft |
Source:  StateWide MLS RI #1335903 Report a problem | ||
| 8/29/2023 | Contingent | $1,799,000$524/sqft |
Source: StateWide MLS RI #1337092 Report a problem | ||
| 8/21/2023 | Price change | $1,799,000-7.7%$524/sqft |
Source: StateWide MLS RI #1337092 Report a problem | ||
| 7/22/2023 | Price change | $1,950,000-2.5%$568/sqft |
Source: StateWide MLS RI #1337092 Report a problem | ||
| 5/26/2023 | Listed for sale | $1,999,0000%$582/sqft |
Source: StateWide MLS RI #1335903 Report a problem | ||
| 4/27/2023 | Listing removed | -- |
Source: StateWide MLS RI #1332310 Report a problem | ||
| 3/28/2023 | Listed for sale | $1,999,999+166.7%$583/sqft |
Source: StateWide MLS RI #1332310 Report a problem | ||
| 7/27/2011 | Sold | $750,000+172.7%$219/sqft |
Source: Public Record Report a problem | ||
| 4/10/1995 | Sold | $275,000$80/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,930 +5.7% | $1,603,200 |
| 2024 | $13,178 +35.7% | $1,603,200 +58.6% |
| 2023 | $9,712 | $1,010,600 |
| 2022 | $9,712 +3% | $1,010,600 |
| 2021 | $9,429 +4.3% | $1,010,600 +14.9% |
| 2020 | $9,044 | $879,800 |
| 2019 | $9,044 +2.9% | $879,800 |
| 2018 | $8,789 +2.3% | $879,800 +14.8% |
| 2017 | $8,594 +2.6% | $766,600 |
| 2016 | $8,379 +2.4% | $766,600 |
| 2015 | $8,180 -4.1% | $766,600 +8.4% |
| 2014 | $8,526 +6.2% | $707,000 |
| 2012 | $8,032 +17.3% | $707,000 +2.5% |
| 2011 | $6,847 +3.9% | $689,500 |
| 2010 | $6,592 +0.4% | $689,500 |
| 2009 | $6,564 -16.7% | $689,500 -24.1% |
| 2008 | $7,879 +4% | $908,800 |
| 2007 | $7,579 | $908,800 |
Find assessor info on the county website
Neighborhood: Bellevue Avenue and Estates
Nearby schools
GreatSchools rating
- 3/10Frank E. Thompson Middle SchoolGrades: 5-8Distance: 1 mi
- 4/10Rogers High SchoolGrades: 9-12Distance: 1 mi
- 4/10Pell Elementary SchoolGrades: PK-4Distance: 2.2 mi
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Estimated market value
$2,059,200
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
$2,059,200
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