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$1,395,000 Just Listed
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Property Description
Located in Newport's beloved Fifth Ward, this three-family property sits on an 8,000+ square foot lot just steps from the harbor and King Park. Enjoy easy access to downtown, waterfront, bars, restaurants, shops and nearby beaches, all from one of the city's most walkable neighborhoods. The first-floor unit is a recently updated three-bedroom apartment featuring in-unit laundry. The second and third floors each offer well-maintained one-bedroom units, with shared laundry available in the basement. Two of the three units currently have leases in place. Whether you maintain the property as a multi-family investment, renovate to increase rental potential, or explore a conversion to a large single-family residence, this property offers plenty of options. The oversized lot provides plenty of off-street parking along with room for future expansion or improvements. A rare opportunity in a prime location with strong future potential.
Full Property Details
Full Property Details for 32 Houston Ave
General
- Price: $1,395,000
- Taxes: $9,402 (2025)
- Status: Active
- Type: Multi-Family
- Source: STWMLS
- MLS ID: 1404910
- Updated: Today (2/19/2026)
- Added to Site: Today
Interior
- Number of Rooms: 13
- Interior Features: Tub Shower, Furnished
- Fireplace(s): None
- Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Trash Compactor, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Common Area, In Unit
Parking
- Total Spaces: 6
- Parking Features: No Garage
Location
- County: Newport
- Subdivision: Fifth Ward
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Baseboard, Gas, Hot Water
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected, Public
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Architectural Style: Stacked
- Detached/Attached: Detached
- Construction: Drywall, Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished, Walk-Out Access
- Stories/Levels: 3
- Building Size: 2552
- Finished Total: 2,552 Sq. Ft.
- Finished Above Grnd: 2,552 Sq. Ft.
- Year Built: 1880
Lot Features
- Lot Size (Acres): 0.1952
- Lot Size (Sq. Ft.): 8,502
- Lot Size: 8502
Water Features
- Water Front Desc.: Walk to Water
Financial Considerations
- Tax Amount: $9,402
- Tax Year: 2025
- Tenant Pays: Hot Water
Disclosures and Reports
- Property ID: 32HOUSTONAVNEWP
- Lot Number: 303
Listed by RE/MAX Results
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Schools
Schools serving 32 Houston Ave
School District:Newport School District, Newport, RI
| Name | Grades | Distance |
|---|---|---|
Frank E. Thompson Middle School 55 Broadway, Newport, RI 02840 | 5-8 | 1.2 mi |
Pell Elementary School 35 Dexter Street, Newport, RI 02840 | PK-4 | 2.4 mi |
Rogers High School 15 Wickham Road, Newport, RI 02840 | 9-12 | 0.5 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 32 Houston Ave
Date
Details
Price
Change
Source
2/19/2026
Listed
$1,395,000
86%
MLS
10/26/2020
Sold
$750,000
—
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 32 Houston Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,402
6%
$1,082,100
—
2024
$8,895
29%
$1,082,100
55%
2023
$6,903
3%
$695,900
—
2022
$6,688
3%
$695,900
—
2021
$6,493
47%
$695,900
62%
2020
$4,417
-16%
$429,650
-16%
2019
$5,236
3%
$509,300
—
2018
$5,088
-1%
$509,300
11%
2017
$5,150
3%
$459,400
—
2016
$5,021
2%
$459,400
—
2015
$4,902
8%
$459,400
22%
2014
$4,536
3%
$376,100
—
2013
$4,404
—
$376,100
—
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 32 Houston Ave
32 Houston Avenue, Newport, RI 02840 (MLS# 1404910) is a Multi-Family property with 3 units containing 5 bedrooms and 3 full bathrooms. 32 Houston Avenue is currently listed for $1,395,000 and was received on February 19, 2026. Want to learn more about 32 Houston 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.

