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Property Description
Rare mixed-use investment opportunity in the heart of Newport's thriving Broadway district. Positioned on a highly visible corner lot, 440 Broadway offers a compelling combination of commercial and residential income potential in one of the city's most desirable and walkable neighborhoods. The property features a fully built-out professional office space on the first floor, currently occupied by a well established dental practice with three exam rooms, laboratory, private office, reception area, waiting room, bathroom, and storage. The dental business is not included in the sale of the real estate and will be sold separately. The second-floor residential unit consists of a bright and spacious two-bedroom, one-bath apartment with hardwood floors, high ceilings, abundant natural light, and a private deck. The residential component provides additional income potential and strong rental appeal in Newport's historically supply-constrained housing market. Additional features include a detached two-car garage, two additional off-street parking spaces, private yard, full basement, and walk-up attic offering valuable storage and operational flexibility. The corner-lot location provides excellent visibility, accessibility, and long-term investment appeal. Whether added to an existing portfolio or acquired as a strategic owner-user investment, 440 Broadway presents a unique opportunity to own a versatile mixed-use asset in one of Newport's most established commercial corridors.
Full Property Details
Full Property Details for 440 Broadway
General
- Price: $1,275,000
- Taxes: $5,530 (2025)
- Status: Active
- Type: Apartment
- Source: STWMLS
- MLS ID: 1415571
- Updated: 6/18/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: Attic, Interior Steps, Permanent Attic Stairs, Storage
- Fireplace(s): None
- Appliances: Oil Water Heater
- Flooring: Carpet, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 4
- Parking Features: Detached, Garage
Location
- County: Newport
- Subdivision: Broadway
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
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Clapboard
- Basement: Yes
- Basement Desc.: Full, Interior Entry, Unfinished
- Stories/Levels: 2
- Building Size: 2164
- Finished Total: 2,164 Sq. Ft.
- Finished Above Grnd: 2,164 Sq. Ft.
- Year Built: 1935
Lot Features
- Lot Size (Acres): 0.115
- Lot Size (Sq. Ft.): 5,009
- Lot Size: 5009
- Lot Features: Corner Lot
Financial Considerations
- Tax Amount: $5,530
- Tax Year: 2025
Disclosures and Reports
- Property ID: 440BROADWAYNEWP
- Lot Number: 438
Listed by Compass
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Schools
Schools serving 440 Broadway
School District:Newport School District, Newport, RI
| Name | Grades | Distance |
|---|---|---|
Pell Elementary School 35 Dexter Street, Newport, RI 02840 | PK-4 | 0.5 mi |
Frank E. Thompson Middle School 55 Broadway, Newport, RI 02840 | 5-8 | 0.7 mi |
Rogers High School 15 Wickham Road, Newport, RI 02840 | 9-12 | 2.4 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 440 Broadway
Date
Details
Price
Change
Source
6/18/2026
Listed
$1,275,000
140.57%
MLS
10/27/2005
Sold
$530,000
—
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 440 Broadway
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,530
100%
$770,200
37%
2023
100%
$561,800
—
2022
100%
$561,800
16%
2020
100%
$484,200
—
2019
100%
$484,200
—
2018
100%
$484,200
8%
2017
100%
$447,600
—
2016
100%
$447,600
—
2015
100%
$447,600
8%
2014
100%
$414,300
—
2013
—
$414,300
—
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 440 Broadway
440 Broadway, Newport, RI 02840 (MLS# 1415571) is a Apartment property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 440 Broadway is currently listed for $1,275,000 and was received on June 18, 2026. Want to learn more about 440 Broadway? 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.

