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$1,100,000

  • For Sale
  • Active
  • Multi-Family
  • 2 Units
  • 4 Total Beds
  • 0.11 Acres
  • 2 Car Garage
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Don't miss this multi-family gem! Classic Newport elegance is to be found in this large, two family home. The home is replete with lovingly retained period touches, including beautiful wood molding and solid wood doors, claw-foot bathtubs, and built-in cabinetry. Both units have balconies where one can enjoy morning coffee or an evening glass of wine. The ground floor unit has a large living room with an adjacent sitting room. The sitting room has potential for conversion to a bedroom. The upstairs unit large foyer opens into the large living room, leading to the even larger dining room. The upper unit has a huge second balcony overlooking the street. The upper unit could be expanded into the large unfinished attic. Conveniently located just off Broadway, it's just a short distance from everything that Newport has to offer. Built in 1920, this home is very comfortable, with large rooms. There is a huge attic space that has potential for expansion of the upstairs unit. The driveway provides access to the two-car garage. The large basement has ample storage and the laundry area. This special home awaits your personal touches to make it your own.

Full Property Details for 1 Arnold Ave

General

  • Price: $1,100,000
  • Taxes: $7,080 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: STWMLS
  • MLS ID: 1394969
  • Updated: 10/10/2025
  • Added to Site: 121 day(s) ago

Interior

  • Number of Rooms: 14
  • Interior Features: Attic, Bathtub, Interior Steps, Permanent Attic Stairs, Storage, Tub Shower
  • Fireplace(s): None
  • Appliances: Dryer, Dishwasher, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Common Area

Additional Information

  • Tennis: Yes

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Total Spaces: 3
  • Parking Features: Detached, Garage

Location

  • County: Newport
  • Subdivision: Upper Broadway
  • Near Highway: Yes

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Oil, Radiant

Utilities

  • Sewer: Connected, Public Sewer
  • Water: Connected, Public
  • Utility Description: Sewer Connected

Structural Information

  • # Buildings: 2
  • Detached/Attached: Detached
  • Construction: Plaster, Shingle Siding, Wood Siding
  • Basement: Yes
  • Basement Desc.: Full, Interior Entry, Unfinished
  • Stories/Levels: 2
  • Building Size: 2680
  • Finished Total: 2,680 Sq. Ft.
  • Finished Above Grnd: 2,680 Sq. Ft.
  • Year Built: 1920

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,792
  • Lot Size: 4792
  • Sidewalks: Yes

Financial Considerations

  • Operating Expenses: $3,167
  • Tax Amount: $7,080
  • Tax Year: 2025

Disclosures and Reports

  • Property ID: 1ARNOLDAVNEWP
  • Lot Number: 509

Listed by RE/MAX Profnl. Newport, Inc.

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Listing agent

— 1 Arnold Ave —

  • RE/MAX Profnl. Newport, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1 Arnold Ave

School District:Newport School District, Newport, RI
NameGradesDistance
Rogers High School
15 Wickham Road, Newport, RI 02840
9-122.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1 Arnold Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/18/2025
Listed
$1,100,000
188.71%
MLS
11/30/2009
Sold
$381,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1 Arnold Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,080
6%
$814,800
—
2024
$6,698
27%
$814,800
54%
2023
$5,260
3%
$530,200
—
2022
$5,095
3%
$530,200
—
2021
$4,947
15%
$530,200
26%
2020
$4,312
—
$419,500
—
2019
$4,312
3%
$419,500
—
2018
$4,191
13%
$419,500
27%
2017
$3,698
3%
$329,900
—
2016
$3,606
2%
$329,900
—
2015
$3,520
-1%
$329,900
12%
2014
$3,564
3%
$295,500
—
2013
$3,460
—
$295,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by RE/MAX Profnl. Newport, Inc.

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1 Arnold Avenue, Newport, RI 02840 (MLS# 1394969) is a Multi-Family property with 2 units containing 4 bedrooms and 2 full bathrooms. 1 Arnold Avenue is currently listed for $1,100,000 and was received on September 18, 2025. Want to learn more about 1 Arnold Avenue? Do you have questions about finding other Multi-Family real estate for sale in Newport? You can browse all Newport real estate or contact a Coldwell Banker agent to request more information.

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