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$990,000 Just Listed
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Property Description
Exceptional investment! Unlock the potential of this duplex that sits on a coveted oversized lot in the heart of the desirable 5th Ward. Situated on a prominent corner lot, this property is a diamond in the rough. Perfect for an investor or savvy homeowner ready to restore its classic character. Just steps from King Park and the Newport Harbor, this property perfectly blends a coastal lifestyle with urban convenience. There is a 3-car garage and ample off street parking, a rare find in this historic neighborhood. The existing garage structure offers an ideal footprint for a potential Accessory Dwelling Unit or modifications can be made to the home itself. Perfect as a high yield rental or a primary home with income potential. Don't miss this opportunity to own a versatile property in one of Newport's premier locations. Maximize your returns! The property offers significant value-add potential!
Full Property Details
Full Property Details for 68 Old Fort Rd
General
- Price: $990,000
- Taxes: $8,441 (2025)
- Status: Active
- Type: Multi-Family
- Source: STWMLS
- MLS ID: 1409750
- Updated: Today (4/17/2026)
- Added to Site: Today
Interior
- Number of Rooms: 8
- Interior Features: Interior Steps, Tub Shower
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Stone
- Appliances: Gas Water Heater, Oven, Range, Refrigerator
- Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Tennis: Yes
Exterior
- Exterior Features: Patio, Paved Driveway
- Porch/Patio/Deck: Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Total Spaces: 5
- Parking Features: Built In, Detached, Garage
Location
- County: Newport
- Subdivision: Fifth Ward
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected, Public
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Architectural Style: Side By Side
- Detached/Attached: Detached
- Construction: Plaster, Clapboard, Shingle Siding, Wood Siding
- Basement: Yes
- Basement Desc.: Full, Interior Entry, Unfinished
- Stories/Levels: 2
- Building Size: 1762
- Finished Total: 1,762 Sq. Ft.
- Finished Above Grnd: 1,762 Sq. Ft.
- Year Built: 1920
- Property Condition: Fixer
Lot Features
- Lot Size (Acres): 0.1949
- Lot Size (Sq. Ft.): 8,490
- Lot Size: 8490
- Sidewalks: Yes
- Lot Features: Corner Lot
Financial Considerations
- Tax Amount: $8,441
- Tax Year: 2025
Disclosures and Reports
- Inclusions: In the event that as of the Closing Date, the Rhode Island Estate Tax Lien on the Seller's real estate has not been released, Buyer agrees to close and accept title subject to the lien if the Buyer's title insurance company receives satisfactory proof that the tax has been paid and agrees to accept an escrow of 50% of the amount of the tax until the lien is released or if no tax is due, an escrow of $3, 000.00. The property is an estate sale and the owner has limited knowledge of historical expen
- Property ID: 68OLDFORTRDNEWP
- Lot Number: 127
Listed by Homes By Connect
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Schools
Schools serving 68 Old Fort Rd
School District:Newport School District, Newport, RI
| Name | Grades | Distance |
|---|---|---|
Frank E. Thompson Middle School 55 Broadway, Newport, RI 02840 | 5-8 | 1.6 mi |
Pell Elementary School 35 Dexter Street, Newport, RI 02840 | PK-4 | 2.8 mi |
Rogers High School 15 Wickham Road, Newport, RI 02840 | 9-12 | 0.2 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 68 Old Fort Rd
Date
Details
Price
Change
Source
4/17/2026
Listed
$990,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 68 Old Fort Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,441
6%
$971,500
—
2024
$7,986
20%
$971,500
44%
2023
$6,679
2%
$673,300
-1%
2022
$6,554
3%
$682,000
—
2021
$6,363
28%
$682,000
41%
2020
$4,989
—
$485,300
—
2019
$4,989
3%
$485,300
—
2018
$4,848
13%
$485,300
26%
2017
$4,307
3%
$384,200
—
2016
$4,199
2%
$384,200
—
2015
$4,099
6%
$384,200
20%
2014
$3,866
3%
$320,600
—
2013
$3,754
—
$320,600
—
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 68 Old Fort Rd
68 Old Fort Road, Newport, RI 02840 (MLS# 1409750) is a Multi-Family property with 2 units containing 3 bedrooms and 2 full bathrooms. 68 Old Fort Road is currently listed for $990,000 and was received on April 17, 2026. Want to learn more about 68 Old Fort Road? 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.

