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$1,375,000 Just Listed
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Property Description
Just off Upper Broadway, this well-maintained three-family home offers two spacious 3-bedroom apartments and an updated 2-bedroom apartment, all featuring modern improvements. Major capital expenditures have already been addressed, making this a truly turnkey opportunity. Recent improvements include a newer roof, clapboard siding, windows and exterior PVC trim, gutters, chimney caps, updated electrical, plumbing and heating systems, a new sewer main, sump pump, EV charging station, and Trex decking. The individual units were also updated just a few years ago. Additional highlights include five off-street parking spaces, a two-car garage, deck, and garden area. Ideally located just off Broadway, the property is within close proximity to restaurants and shops, the U.S. Naval War College, downtown Newport, and convenient highway access.
Full Property Details
Full Property Details for 5 Elliot Pl
General
- Price: $1,375,000
- Taxes: $7,371 (2025)
- Status: Active
- Type: Apartment
- Source: STWMLS
- MLS ID: 1424387
- Updated: 9/26/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 15
- Interior Features: Bathtub, Interior Steps, Tub Shower
- Fireplace: Yes
- Number of Fireplaces: 2
- Appliances: Electric Water Heater
- 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
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 5
- Parking Features: Detached, Garage
Location
- County: Newport
- Subdivision: North Broadway
- Near Highway: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas, Hot Water, Oil
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected, Public
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Architectural Style: Stacked
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Drywall, Clapboard
- Basement: Yes
- Basement Desc.: Full, 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): 0.12
- Lot Size (Sq. Ft.): 5,227
- Lot Size: 5227
Financial Considerations
- Operating Expenses: $10,000
- Tax Amount: $7,371
- Tax Year: 2025
- Terms: Lender Approval, Special Funding
Disclosures and Reports
- Inclusions: Rent roll upon request.
- Property ID: 5ELLIOTPLNEWP
- Lot Number: 130
Listed by Edge Realty RI
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Schools
Schools serving 5 Elliot Pl
School District:Newport School District, Newport, RI
| Name | Grades | Distance |
|---|---|---|
Pell Elementary School 35 Dexter Street, Newport, RI 02840 | PK-4 | 0.4 mi |
Frank E. Thompson Middle School 55 Broadway, Newport, RI 02840 | 5-8 | 0.9 mi |
Rogers High School 15 Wickham Road, Newport, RI 02840 | 9-12 | 2.5 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 5 Elliot Pl
Date
Details
Price
Change
Source
9/26/2026
Listed
$1,375,000
14.58%
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# 1424387) is a Apartment property with 8 bedrooms and 3 full bathrooms. 5 Elliot Place is currently listed for $1,375,000 and was received on September 26, 2026. Want to learn more about 5 Elliot Place? 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.

