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$1,450,000
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Property Description
Excellent investment opportunity in Newport's sought-after Upper Broadway neighborhood. This well-maintained Victorian three-family offers over 3,300 sq. ft. of living space and blends historic character with smart updates, including a newer roof, siding, windows, and utilities. Each unit features high ceilings, great natural light, and strong rental potential. Flexible options to occupy one unit or lease all three. Prime location within walking distance to Broadway's restaurants, caf s, and shops. A rare chance to own a solid, income-producing property in one of Newport's most desirable markets.
Full Property Details
Full Property Details for 5 Elliot Pl
General
- Price: $1,450,000
- Taxes: $7,370 (2025)
- Status: Active
- Type: Multi-Family
- Source: STWMLS
- MLS ID: 1399953
- Updated: 11/12/2025
- Added to Site: 66 day(s) ago
Interior
- Number of Rooms: 18
- Interior Features: Tub Shower, Furnished
- Fireplace: Yes
- Number of Fireplaces: 3
- Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Common Area, In Unit
Additional Information
- Tennis: Yes
Exterior
- Exterior Features: Paved Driveway
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 6
- Parking Features: Detached, Garage
Location
- County: Newport
- Subdivision: North End/Broadway
- Near Highway: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Baseboard, Gas, Oil
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 2
- Detached/Attached: Detached
- Construction: Clapboard
- Basement: Yes
- Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
- Stories/Levels: 3
- Building Size: 3358
- Finished Total: 3,358 Sq. Ft.
- Finished Above Grnd: 3,358 Sq. Ft.
- Year Built: 1870
Lot Features
- Lot Size (Acres): 0.124
- Lot Size (Sq. Ft.): 5,401
- Lot Size: 5401
Financial Considerations
- Tax Amount: $7,370
- Tax Year: 2025
Disclosures and Reports
- Property ID: 5ELLIOTPLNEWP
- Lot Number: 130
Listed by Serhant Rhode Island
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Schools
Schools serving 5 Elliot Pl
School District:Newport School District, Newport, RI
| Name | Grades | Distance |
|---|---|---|
Rogers High School 15 Wickham Road, Newport, RI 02840 | 9-12 | 2.5 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 5 Elliot Pl
Date
Details
Price
Change
Source
11/12/2025
Listed
$1,450,000
20.83%
MLS
3/08/2022
Sold
$1,200,000
—
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 5 Elliot Pl
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,371
6%
$848,300
—
2024
$6,973
28%
$848,300
54%
2023
$5,467
3%
$551,100
—
2022
$5,296
3%
$551,100
—
2021
$5,142
17%
$551,100
29%
2020
$4,391
—
$427,100
—
2019
$4,391
3%
$427,100
—
2018
$4,267
-2%
$427,100
10%
2017
$4,361
3%
$389,000
—
2016
$4,252
2%
$389,000
—
2015
$4,151
10%
$389,000
24%
2014
$3,778
3%
$313,300
—
2013
$3,669
—
$313,300
—
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 5 Elliot Pl
5 Elliot Place, Newport, RI 02840 (MLS# 1399953) is a Multi-Family property with 3 units containing 8 bedrooms and 3 full bathrooms. 5 Elliot Place is currently listed for $1,450,000 and was received on November 12, 2025. Want to learn more about 5 Elliot Place? 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.

