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$399,000 Just Listed
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Property Description
Investor Opportunity in Newport! This 4-bedroom, 1-bath home offers approximately 1,472 sq ft of living space on a 0.39-acre lot. The property offers a manageable footprint and plenty of potential for an investor looking for their next fix-and-flip, rental renovation, or value-add project. The generous lot and established structure provide a strong foundation for cosmetic updates and modernization. Located at 54 Homer Street, enjoy the convenient Newport location with easy access to Middletown, Portsmouth, and the surrounding Aquidneck Island communities. A great opportunity to renovate and reposition a single-family home on a spacious lot. This is the perfect project for an investor seeking a money making opportunity or a homeowner to build strong equity. PROPERTY SOLD AS-IS. CASH OR HARD MONEY ONLY.
Full Property Details
Full Property Details for 54 Homer St
General
- Price: $399,000
- Taxes: $4,616 (2025)
- Status: Active
- Type: Single Family
- Source: STWMLS
- MLS ID: 1425274
- Updated: 10/6/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 44
- Fireplace(s): None
- Appliances: Gas Water Heater
- Flooring: Ceramic Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Parking
- Total Spaces: 2
- Parking Features: No Garage
Location
- County: Newport
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas, Hot Water
Utilities
- Sewer: Connected
- Water: Connected
- Utility Description: Sewer Connected
Structural Information
- Architectural Style: Ranch
- Detached/Attached: Detached
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Interior Entry, Unfinished
- Stories/Levels: 1
- Building Size: 1472
- Square Feet: 1,472
- Living Area: 1,472 Sq. Ft.
- Finished Total: 1,472 Sq. Ft.
- Finished Above Grnd: 1,472 Sq. Ft.
- Year Built: 1958
Lot Features
- Lot Size (Acres): 0.39
- Lot Size (Sq. Ft.): 16,988
- Lot Size: 16988
Financial Considerations
- Tax Amount: $4,616
- Tax Year: 2025
Disclosures and Reports
- Inclusions: PROPERTY SOLD AS-IS. CASH OR HARD MONEY ONLY.
- Property ID: 54HOMERSTNEWP
- Lot Number: 268
Listed by Century 21 Limitless
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Schools
Schools serving 54 Homer St
School District:Newport School District, Newport, RI
| Name | Grades | Distance |
|---|---|---|
Pell Elementary School 35 Dexter Street, Newport, RI 02840 | PK-4 | 0.6 mi |
Frank E. Thompson Middle School 55 Broadway, Newport, RI 02840 | 5-8 | 0.8 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 54 Homer St
Date
Details
Price
Change
Source
10/06/2026
Listed
$399,000
175.17%
MLS
3/17/2009
Sold
$145,000
—
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 54 Homer St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,616
3%
$642,900
—
2024
$4,481
11%
$642,900
58%
2023
$4,039
3%
$407,200
—
2022
$3,913
3%
$407,200
—
2021
$3,799
17%
$407,200
29%
2020
$3,238
—
$315,000
—
2019
$3,238
3%
$315,000
—
2018
$3,147
13%
$315,000
26%
2017
$2,797
3%
$249,500
—
2016
$2,727
-6%
$249,500
-8%
2015
$2,907
-2%
$272,400
10%
2014
$2,981
-2%
$247,200
-4%
2013
$3,027
—
$258,500
—
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 54 Homer St
54 Homer Street, Newport, RI 02840 (MLS# 1425274) is a Single Family property with 4 bedrooms and 1 full bathroom. 54 Homer Street is currently listed for $399,000 and was received on October 06, 2026. Want to learn more about 54 Homer Street? Do you have questions about finding other Single Family real estate for sale in Newport? You can browse all Newport real estate or contact a Coldwell Banker agent to request more information.

