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Multi family home for sale at 5 Elliot Pl, Newport, RI 02840 | MLS# 1424387 | Listing updated on 2026-10-31
Photo 1 of Multi family home for sale at 5 Elliot Pl, Newport, RI 02840 | MLS# 1424387 | Listing updated on 2026-10-31
Photo 2 of Multi family home for sale at 5 Elliot Pl, Newport, RI 02840 | MLS# 1424387 | Listing updated on 2026-10-31
Photo 3 of Multi family home for sale at 5 Elliot Pl, Newport, RI 02840 | MLS# 1424387 | Listing updated on 2026-10-31
Photo 4 of Multi family home for sale at 5 Elliot Pl, Newport, RI 02840 | MLS# 1424387 | Listing updated on 2026-10-31
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$1,350,000

Monthly Est:$6,719

  • Beds Icon8 Beds
  • Beds Icon
    3 Baths
  • Beds Icon3,358sqft

5 Elliot Pl, Newport, RI 02840

$6,719/moEst:

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  • Multi Family

  • Built in 1870

  • $-- HOA

  • 5,227 sqft lot

  • $402/sq.ft

Description

Just off Upper Broadway, this well-maintained three-family home offers two spacious 3-bedroom apartments and an updated 2-bedroom apartment, all featuring modern improvements.

Major capital expenditures have already been addressed, making this a truly turnkey opportunity. Recent improvements include a newer roof, clapboard siding, windows and exterior PVC trim, gutters, chimney caps, updated electrical, plumbing and heating systems, a new sewer main, sump pump, EV charging station, and Trex decking. The individual units were also updated just a few years ago.

Additional highlights include five off-street parking spaces, a two-car garage, deck, and garden area. Ideal
ly located just off Broadway, the property is close to restaurants and shops, the U.S. Naval War College, downtown Newport, and convenient highway access.

Lastly, this property is eligible for a 2/1 interest rate buydown through AnnieMac Home Mortgage. Qualified buyers may be able to start with an interest rate 2% below the prevailing rate in year one and 1% below in year two, subject to lender approval and program guidelines. Contact the listing agent for additional details.

  • Houzeo last checked: 1 hour ago
  • Listing updated: October 31, 2026 at 2:00 pm
  • Listing Provided by: Alexander Fraioli (401) 255-9109 DRE #RES.0040250 | Edge Realty RI (401) 783-1007
  • Source: RI StateWide MLS-RI | MLS#: 1424387 RI StateWide MLS-RI

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    3

  • County

    Newport County

  • City

    Newport

  • Neighborhood

    --

  • Year Built

    1870

  • HOA Fees

    -

  • Finished Area

    3,358 sqft

  • Lot Size

    5,227 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    RI StateWide MLS

  • MLS Number

    1424387

  • MLS Status

    Active

  • Days on Market

    40

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 8

    Bathrooms: 3

Interior

  • Cooling

    None

  • Heating

    Gas, Hot Water, Oil

  • Flooring

    Hardwood

  • Appliances

    Electric Water Heater

  • Sewer

    Connected, Public Sewer

  • Interior Features

    Bathtub, Interior Steps, Tub Shower

Construction

  • Year Built

    Year Built: 1870

  • Home type

    Multi Family

  • Architectural Style

    Stacked

  • Construction Materials

    Drywall, Clapboard

  • Foundation Details

    Stone

Utilities & Energy

  • Utilities

    Sewer Connected

  • Water Source

    Connected, Public

  • Electric

    Amps100

  • Laundry Features

    Common Area, In Unit

  • Basement

    Full, Unfinished

  • Parking Features

    Detached, Garage

Other Features

  • Subdivision Name

    North Broadway

  • Community Features

    Highway Access, Near Hospital, Near Schools, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Courts

Price History

DateEventPrice

09/26/2026

Source: mls_logoRI StateWide MLS-RI #1424387

Price Increased

$1,375,000 +1.85%

$409/sqft

09/26/2026

Source: mls_logoRI StateWide MLS-RI #1424387

Price Decreased

$1,350,000 -2.53%

$402/sqft

07/21/2026

Source: mls_logoRI StateWide MLS-RI #1412185

Listed for Sale

$1,385,000

$412/sqft

05/28/2026

Source: mls_logoRI StateWide MLS-RI #1412185

Off Market

$1,385,000 -1.07%

$412/sqft

11/12/2025

Source: mls_logoRI StateWide MLS-RI #1399953

Off Market

$1,400,000 -3.45%

$417/sqft

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Nearby Homes

Based on information from State-Wide MLS through Nov 05, 2026, 12:45PM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 State-Wide MLS, Inc. All rights reserved.

Advertising Broker: Derek Greene | The Greene Realty Group

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