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$887,500
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Property Description
Turnkey 2-family investment opportunity in a prime Newport location. Offering three levels of living space, this well-maintained multi-family property presents strong income potential with a proven rental history. Ideally situated near Broadway, the property provides great walkability and convenient access to local restaurants, shops, and everyday amenities, as well as close proximity to the Newport Naval Station, downtown Newport, and area beaches. The layout offers flexibility for both investors and owner-occupants seeking rental income. Additional highlights include separate utilities, basement storage and the potential to create off-street parking, adding further value. A rare opportunity to own a move-in ready multi-family property in one of Newport's most desirable and high-demand rental markets.
Full Property Details
Full Property Details for 24 Pond Ave
General
- Sold For: $887,500
- Taxes: $4,232 (2025)
- Status: Closed
- Type: Apartment
- Source: STWMLS
- MLS ID: 1417971
- Added to Site: 61 day(s) ago
Interior
- Number of Rooms: 10
- Appliances: Gas Water Heater, Water Heater
- Flooring: Carpet, Hardwood, Laminate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Common Area
Parking
- Parking Features: No Garage
Location
- County: Newport
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Gas, Hot Water
Utilities
- Sewer: Connected
- Water: Connected, Multiple Meters
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Architectural Style: Stacked
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Clapboard
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Stories/Levels: 3
- Building Size: 2160
- Finished Total: 2,160 Sq. Ft.
- Finished Above Grnd: 2,160 Sq. Ft.
- Year Built: 1890
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,178
- Lot Size: 2178
Financial Considerations
- Tax Amount: $4,232
- Tax Year: 2025
- Tenant Pays: Hot Water
Disclosures and Reports
- Property ID: 24PONDAVNEWP
- Lot Number: 34
Listed by RE/MAX Results
Sold by Century 21 Topsail Realty
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Schools
Schools serving 24 Pond Ave
School District:Newport School District, Newport, RI
| Name | Grades | Distance |
|---|---|---|
Frank E. Thompson Middle School 55 Broadway, Newport, RI 02840 | 5-8 | 0.2 mi |
Pell Elementary School 35 Dexter Street, Newport, RI 02840 | PK-4 | 0.9 mi |
Rogers High School 15 Wickham Road, Newport, RI 02840 | 9-12 | 1.9 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 24 Pond Ave
Date
Details
Price
Change
Source
9/04/2026
Sold
$887,500
-0.84%
MLS
7/16/2026
Listed
$895,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
24 Pond Avenue, Newport, RI 02840 (MLS# 1417971) is a Apartment property that was sold at $887,500 on September 04, 2026. Want to learn more about 24 Pond Avenue? 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.

