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$2,200,000
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Property Description
130-132 Spring St is a classic historic Newport building in the heart of downtown with two 1st floor retail spaces combined and 4 residential apartments upstairs. The building is fully occupied and has 5 parking space. Use is versatile since it is located in a general business zone. Kitchens and baths have been updated, the building exterior was just painted in August 2024. Two of the units are turnkey with furnishings too. Strong rental history and also a solid candidate for a condo conversion. Steps away from all the bustling activity.
Full Property Details
Full Property Details for 130 Spring St
General
- Price: $2,200,000
- Taxes: $11,492 (2024)
- Status: Active
- Type: Apartment
- Source: STWMLS
- MLS ID: 1366507
- Updated: 12/1/2025
- Added to Site: 492 day(s) ago
Interior
- Number of Rooms: 20
- Interior Features: Bathtub, Interior Steps, Stall Shower, Tub Shower, Furnished
- Fireplace(s): None
- Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 9
Other Rooms
- Laundry: Common Area, In Unit
Parking
- Total Spaces: 10
- Parking Features: No Garage
Location
- County: Newport
- Subdivision: Downtown
Heating & Cooling
- Central air: Yes
- Cooling Type: None, Wall Unit(s), Central Air Conditioning
- Heating Type: Central, Electric, Forced Air, Gas, Other, Space Heater, Zoned
Utilities
- Sewer: Connected
- Water: Connected
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Drywall, Plaster, Clapboard
- Basement Desc.: None, Unfinished
- Stories/Levels: 3
- Building Size: 6330
- Finished Total: 6,330 Sq. Ft.
- Finished Above Grnd: 6,330 Sq. Ft.
- Year Built: 1849
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405
- Lot Size: 7405
- Lot Features: Corner Lot
Financial Considerations
- Operating Expenses: $29,042
- Tax Amount: $11,492
- Tax Year: 2024
Disclosures and Reports
- Property ID: 130132SPRINGSTNEWP
- Lot Number: 152/163
Listed by Teri Degnan RE & Consulting
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Schools
Schools serving 130 Spring St
School District:Newport School District, Newport, RI
| Name | Grades | Distance |
|---|---|---|
Rogers High School 15 Wickham Road, Newport, RI 02840 | 9-12 | 1.4 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 130 Spring St
Date
Details
Price
Change
Source
9/11/2024
Listed
$2,200,000
124.49%
MLS
10/19/2017
Sold
$980,000
—
Public Record
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
Tax History for 130 Spring St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,887
100%
$1,098,400
16%
2023
100%
$945,700
—
2022
100%
$945,700
-2%
2020
100%
$966,500
—
2019
100%
$966,500
—
2018
100%
$966,500
48%
2017
100%
$651,500
—
2016
100%
$651,500
—
2015
100%
$651,500
2%
2014
100%
$640,600
—
2013
—
$640,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 130 Spring St
130 Spring Street, Newport, RI 02840 (MLS# 1366507) is a Apartment property with 9 bedrooms and 5 full bathrooms. 130 Spring Street is currently listed for $2,200,000 and was received on September 11, 2024. Want to learn more about 130 Spring Street? Do you have questions about finding other Apartment real estate for sale in Newport? You can browse all Newport real estate or contact a Coldwell Banker agent to request more information.

