1 Arnold Avenue, Newport, RI 02840 - Photo 1

1/1

$975,000

Sold
Closed
Multi-Family
2 Units
4 Total Beds
0.11 Acres
2 Car Garage

1/1

Property Description

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

Full Property Details for 1 Arnold Ave

General

Sold For: $975,000
Taxes: $7,080 (2025)
Status: Closed
Type: Multi-Family
Source: STWMLS
MLS ID: 1394969
Added to Site: 223 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
Architectural Style: Stacked
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.
Sold by Edge Realty RI

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— 1 Arnold Ave —

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Schools

Schools serving 1 Arnold Ave

School District:Newport School District, Newport, RI

Name	Grades	Distance
Frank E. Thompson Middle School 55 Broadway, Newport, RI 02840	5-8	0.6 mi
Pell Elementary School 35 Dexter Street, Newport, RI 02840	PK-4	0.6 mi
Rogers High School 15 Wickham Road, Newport, RI 02840	9-12	2.3 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1 Arnold Ave

Date

Details

Price

Change

Source

3/25/2026

Sold

$975,000

-11.36%

MLS

9/18/2025

Listed

$1,100,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1 Arnold Avenue, Newport, RI 02840 (MLS# 1394969) is a Multi-Family property that was sold at $975,000 on March 25, 2026. 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.

1 Arnold Ave Newport, RI 02840