9 results

Newport, RI Multi-family homes For Sale

Rocket HomesRhode IslandNewport CountyNewportMulti-family homes

Newport, RI Real Estate Market Overview

Browse 9 multi-family homes for sale in Newport, RI. View properties, photos, nearby real estate with school and housing market information. The inventory of homes for sale in Newport, RI between January 2024 and February 2024 decreased by 10.5%. While the average time on the market in February 2024 was 65 days, the median list price was $815,000. In February 2024, from all listings sold in Newport, RI there were more than 1 sold above asking price, over 7 sold below and more than 4 were sold right at the asked price.

Info IconFrom Rocket Homes Real Estate and based on county public records data.

Living In Newport, RI

What is it like to live in Newport, Rhode Island?

Newport is located in Newport County, Rhode Island. There are roughly 22,759 residents, living in 10,064 households. The average temperature for Newport this time of the year is low of 30F and high of 45F. On average, Newport gets about 4.51 inches of precipitation in March. 42% residents are home owners, have a post secondary degree (56%) and are single, no kids (60%).

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What type of housing is available in Newport, Rhode Island?

In Newport, about 40% of buildings are single detached homes, while large apartment buildings, small apartment buildings, and duplexes make up most of the remaining housing stock. This part of the Providence-Warwick metropolitan area also has a good variety of housing sizes; properties range from lofts to four or more bedrooms. Around 55% of the population of this city rent their home and 45% are owners. This city experienced its biggest building boom pre-1960, so most of the available properties are from this time period.

Info - Data provided by Local LogicData provided by Local Logic

What are the advantages of living in Newport, Rhode Island?

Newport is quiet overall, as there tend to be low levels of noise from traffic.

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Are things conveniently located in Newport, Rhode Island?

In all but a very small number of cases, a car is needed to purchase groceries in one of around 20 stores. Nonetheless, it is generally a reasonably short distance to the nearest pharmacy, which can provide some staple foods. There are also a few opportunities for those who appreciate restaurants in close proximity. When it comes to education, it can be very difficult to access high schools and primary schools as a pedestrian from properties for sale in Newport. House owners benefit from public and private elementary schools.

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What does the transportation in Newport, Rhode Island look like?

Newport is an extremely convenient part of the Providence-Warwick metropolitan area for traveling by car. Parking is generally easy, and most homes for sale are a reasonably short drive from the nearest highway. However, the public transit system in Newport is not very practical. Nevertheless, the city is served by a few bus lines, and bus stops are not very far-removed from most homes. There are relatively few pedestrians out on the streets of Newport, despite the fact that running common errands is easy.

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Homes For Sale Near Newport, RI

Schools Near Newport, RI

Elementary Schools

  • Claiborne Pell Elementary School

    35 Dexter St

    Public District PK-4

Middle Schools

  • Frank E. Thompson Middle School

    55 Broadway

    Public District 5-8

High Schools

  • Rogers High School

    15 Wickham Rd

    Public District 9-12

  • Middletown High School

    130 Valley Rd

    Public District 9-12

Info IconData provided by Great Schools

MLS Disclaimers & Copyright

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/29/2024, 12:25:23 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1Based on Rocket Mortgage data in comparison to public data records.

2Based on Rocket Homes℠ closed client surveys received from 2011-2021.

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