Rare opportunity to own a well-maintained, income-producing property in a Prime Newport location. The property offers a strong year-round cash flow with a zero-vacancy history. The property has been professionally managed and maintained. Looking to the future, there is potential for an increase in both summer and winter rental income, along with the possible creation of a separate third unit/owners suite on the top floor. This spacious downtown two-family includes a single-level, three-bedroom first-floor unit. The second unit spans the second and third floors and features five bedrooms, two full bathrooms, and a deck. Additional highlights include separate utilities, newer gas heat, and a three-year-old roof. Enjoy an easy walk to restaurants, shops, the waterfront, and downtown Newport attractions.
For sale
$1,675,000
9 Ann St, Newport, RI 02840
8beds
2,687sqft
Multi Family
Built in 1890
-- sqft lot
$1,595,300 Zestimate®
$623/sqft
$-- HOA
What's special
Five bedroomsNewer gas heatSingle-level three-bedroom first-floor unit
- 43 days |
- 498 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
Terry Tiernan 401-835-0395,
Compass
Source: StateWide MLS RI,MLS#: 1412990
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Shower Stall
Heating
- Oil, Forced Water
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater, Dryer, Oven/Range, Refrigerator, Washer
- Laundry: Common Area, In Building
Features
- Wall (Dry Wall), Wall (Plaster), Skylight, Stairs, Plumbing (Mixed), Ceiling Fan(s)
- Flooring: Ceramic Tile, Hardwood
- Windows: Storm Window(s), Skylight(s)
- Basement: Full,Interior Entry,Unfinished,Laundry,Utility
- Has fireplace: No
Interior area
- Total structure area: 4,234
- Total interior livable area: 2,687 sqft
Video & virtual tour
Property
Parking
- Parking features: No Garage
Features
- Stories: 3
- Patio & porch: Deck
- Exterior features: Balcony
Lot
- Size: 1,742 Square Feet
- Features: Sidewalks
Details
- Foundation area: 884
- Parcel number: NEWPM027B0205
- Zoning: R-10
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Plaster, Wood
- Foundation: Mixed
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Electric: 200+ Amp Service
- Water: Individual Meter
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Downtown
HOA
- Has HOA: No
Location
- Region: Newport
Financial & listing details
- Price per square foot: $623/sqft
- Tax assessed value: $994,100
- Annual tax amount: $8,638
- Date on market: 5/23/2026
- Total actual rent: 0
Estimated market value
$1,595,300
$1.52M - $1.68M
$3,118/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2026 | Listed for sale | $1,675,000+24.1%$623/sqft |
Source: | ||
| 3/7/2023 | Listing removed | -- |
Source: | ||
| 8/3/2022 | Price change | $1,350,000-9.7%$502/sqft |
Source: | ||
| 6/23/2022 | Listed for sale | $1,495,000+135.4%$556/sqft |
Source: | ||
| 6/26/2020 | Sold | $635,000-2.3%$236/sqft |
Source: | ||
| 3/5/2020 | Price change | $650,000-2.3%$242/sqft |
Source: Teri Degnan RE & Consulting #1244299 Report a problem | ||
| 2/3/2020 | Price change | $665,000-1.5%$247/sqft |
Source: Teri Degnan RE & Consulting #1244299 Report a problem | ||
| 1/8/2020 | Listed for sale | $675,000+9.8%$251/sqft |
Source: Teri Degnan RE & Consulting #1244299 Report a problem | ||
| 11/21/2017 | Sold | $615,000-5.4%$229/sqft |
Source: | ||
| 8/22/2017 | Listed for sale | $649,900+20.4%$242/sqft |
Source: Teri Degnan RE & Consulting #1170954 Report a problem | ||
| 10/8/2013 | Sold | $540,000-1.8%$201/sqft |
Source: Public Record Report a problem | ||
| 8/14/2013 | Listed for sale | $549,900+77.4%$205/sqft |
Source: Newport Rents #1048429 Report a problem | ||
| 8/26/2010 | Sold | $310,000-29.5%$115/sqft |
Source: Public Record Report a problem | ||
| 2/2/2005 | Sold | $440,000+54.4%$164/sqft |
Source: Public Record Report a problem | ||
| 1/17/2002 | Sold | $285,000+119.2%$106/sqft |
Source: Public Record Report a problem | ||
| 1/27/1993 | Sold | $130,000$48/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,638 +5.7% | $994,100 |
| 2024 | $8,172 +34.7% | $994,100 +57.5% |
| 2023 | $6,067 | $631,300 |
| 2022 | $6,067 +3% | $631,300 |
| 2021 | $5,890 +13% | $631,300 +24.5% |
| 2020 | $5,211 | $506,900 |
| 2019 | $5,211 +2.9% | $506,900 |
| 2018 | $5,064 +12.5% | $506,900 +26.2% |
| 2017 | $4,503 +2.6% | $401,700 |
| 2016 | $4,391 +2.4% | $401,700 |
| 2015 | $4,286 +16.9% | $401,700 +32.1% |
| 2014 | $3,667 +6.1% | $304,100 |
| 2012 | $3,455 +7.7% | $304,100 -5.9% |
| 2011 | $3,207 +3.9% | $323,000 |
| 2010 | $3,088 +0.4% | $323,000 |
| 2009 | $3,075 -20.6% | $323,000 -27.7% |
| 2008 | $3,872 +3.9% | $446,600 |
| 2007 | $3,725 +4% | $446,600 |
| 2006 | $3,582 +18.1% | $446,600 +110.4% |
| 2005 | $3,034 +11.2% | $212,300 |
| 2002 | $2,728 | $212,300 |
Find assessor info on the county website
Monthly payment
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Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
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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Climate risks
Neighborhood: Harbor/Lower Thames
Nearby schools
GreatSchools rating
- 3/10Frank E. Thompson Middle SchoolGrades: 5-8Distance: 0.6 mi
- 4/10Rogers High SchoolGrades: 9-12Distance: 1.1 mi
- 4/10Pell Elementary SchoolGrades: PK-4Distance: 1.8 mi
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