571 Spring Street, Newport, RI 02840 - Photo 1

1/1

$1,350,000

Sold
Closed
Apartment
8 Beds
3 Full Baths
0.13 Acres

1/1

Property Description

Don't miss this Morton Park beautiful multi-family home with large living spaces. The property provides 3 units. The first floor unit has a separate/private entrance, 3 beds/1 bath, a large living room and a spacious kitchen and dining area. The second floor unit also has 3 beds/1 bath, living room and an eat-in kitchen. These two units have high ceilings and tall windows. The third floor has a large entry, 2 bedrooms/1 bath with laundry, living room. Lovely private garden in rear. Newport attracts roughly 4 million visitors annually, which means there's a global interest in living in this historic, exciting coastal city. Close to Salve Regina University, the location is right in the heart of the city with equal access to gorgeous beaches, fabulous seafood restaurants, historic mansions, museums, fine dining, cafes, and Newport's robust sailing community.

Full Property Details

Full Property Details for 571 Spring St

General

Sold For: $1,350,000
Taxes: $8,944 (2024)
Status: Closed
Type: Apartment
Source: STWMLS
MLS ID: 1389848
Added to Site: 217 day(s) ago

Interior

Number of Rooms: 15
Interior Features: Stall Shower, Tub Shower
Fireplace: Yes
Number of Fireplaces: 2
Fireplace(s): Marble
Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Gas Water Heater, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Tankless Water Heater, Washer
Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 8

Other Rooms

Laundry: Common Area

Additional Information

Tennis: Yes

Parking

Parking Features: No Garage

Location

County: Newport
Subdivision: Morton Park
Near Highway: Yes

Heating & Cooling

Cooling Type: None
Heating Type: Baseboard, Forced Air, Gas, Hot Water, Oil

Utilities

Sewer: Connected
Water: Connected
Utility Description: Sewer Connected

Structural Information

# Buildings: 1
Structure Type: Apartment
Detached/Attached: Detached
Construction: Vinyl Siding
Basement: Yes
Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
Stories/Levels: 3
Building Size: 6014
Finished Total: 6,014 Sq. Ft.
Finished Above Grnd: 6,014 Sq. Ft.
Year Built: 1896

Lot Features

Lot Size (Acres): 0.13
Lot Size (Sq. Ft.): 5,663
Lot Size: 5663
Sidewalks: Yes

Water Features

Water Front Desc.: Walk to Water

Financial Considerations

Operating Expenses: $20,036
Tax Amount: $8,944
Tax Year: 2024

Disclosures and Reports

Inclusions: 3rd unit currently pays no rent. Owner annual income states estimated rate for Unit 3 of $1875/mo., 2025 projected rents and 2024 expenses.
Property ID: 571SPRINGSTNEWP
Lot Number: 373

Listed by Residential Properties Ltd.
Sold by William Raveis Inspire

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Schools

Schools serving 571 Spring St

School District:Newport School District, Newport, RI

Name	Grades	Distance
Rogers High School 15 Wickham Road, Newport, RI 02840	9-12	0.6 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 571 Spring St

Date

Details

Price

Change

Source

8/26/2025

Sold

$1,350,000

-10%

MLS

7/15/2025

Listed

$1,500,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Updated 10 hours ago

1
Bed
1
Total Bath
480
Sq. Ft.

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Just Listed

$325,000

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Lots/Land
Active
Updated 14 hours ago

0.2494
Acres

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Just Listed

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Single Family
Active
Updated 4 days ago

2
Beds
2
Total Baths
1,264
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Single Family
Active
Updated 5 days ago

3
Beds
3
Total Baths
2,017
Sq. Ft.

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Price Reduced

-$100,000 (-5%)

$1,899,000

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Manufacturing
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Price Reduced

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Single Family
Active
Updated 5 days ago

3
Beds
3
Total Baths
2,342
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Price Reduced

-$19,100 (-4.25%)

$429,900

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Condo
Active
Updated 3 days ago

2
Beds
3
Total Baths
1,368
Sq. Ft.

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Price Reduced

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Single Family
Active
Updated 5 days ago

5
Beds
5
Total Baths
4,920
Sq. Ft.

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Sold

$1,310,000

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Single Family
Closed
Updated 3 days ago

4
Beds
4
Total Baths
1,600
Sq. Ft.

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Sold

$1,515,000

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Multi-Family
Closed

3
Units
5
Total Beds
0.094
Acres

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Sold

$1,400,000

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Single Family
Closed

3
Beds
2
Total Baths
1,325
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Sold

$1,500,000

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Single Family
Closed

5
Beds
2
Total Baths
2,125
Sq. Ft.

571 Spring Street, Newport, RI 02840 (MLS# 1389848) is a Apartment property that was sold at $1,350,000 on August 26, 2025. Want to learn more about 571 Spring Street? 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.

571 Spring St Newport, RI 02840