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$912,500
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Property Description
Opportunity knocks in Newport! This classic Victorian three-family with a welcoming covered porch is just minutes to the beach, Vernon Park, and Broadway shops. Two spacious 3-bed/1-bath units and one 2-bed/1-bath unit offer excellent flexibility for contractors, long-term investors, or an owner-occupant who is building equity and income. You can live on site while making updates to the upper floors to bring top market rents. High ceilings, hardwoods, eat-in kitchens, and vintage baths with clawfoot tubs add character. Separate heat and electric with one water line keep utilities practical. All units enjoy access to the nice shaded fenced yard with patio and plantings that create a relaxing setting. At the end of the street, a path leads directly to Vernon Park with tennis and pickleball courts, as well as playing fields Bring your vision this property delivers strong potential in a prime coastal location. Being sold As-Is.
Full Property Details
Full Property Details for 7 Caswell Ave
General
- Sold For: $912,500
- Taxes: $5,636 (2025)
- Status: Closed
- Type: Apartment
- Source: STWMLS
- MLS ID: 1395980
- Added to Site: 109 day(s) ago
Interior
- Number of Rooms: 14
- Interior Features: Bathtub, Interior Steps, Tub Shower
- Appliances: Dryer, Electric Water Heater, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Water Heater, Washer
- Flooring: Hardwood, Laminate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Common Area
Additional Information
- Tennis: Yes
Exterior
- Exterior Features: Porch
- Porch/Patio/Deck: Porch
Parking
- Parking Features: No Garage
Location
- County: Newport
- Subdivision: Bliss
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Oil
Utilities
- Sewer: Connected
- Water: Connected, Public
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Plaster, Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Stories/Levels: 3
- Building Size: 2934
- Finished Total: 2,934 Sq. Ft.
- Finished Above Grnd: 2,934 Sq. Ft.
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,792
- Lot Size: 4792
- Fencing (Description): Fenced
Financial Considerations
- Assoc Fee Freq.: Annually
- Operating Expenses: $4,800
- Tax Amount: $5,636
- Tax Year: 2025
Disclosures and Reports
- Inclusions: *NO PARKING* The driveway on the left is not part of property. Please advise customers. Property was owner occupied on the first floor. 2nd fl rent was 1800/mo included water. 3rd Fl rent was $1075. Both below mkt. because longer term renters. owner expenses are water, insurance, yard care.
- Property ID: 7CASWELLAVNEWP
- Lot Number: 139
Listed by Hogan Associates Christie's
Sold by Edge Realty RI
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Schools
Schools serving 7 Caswell Ave
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 7 Caswell Ave
Date
Details
Price
Change
Source
12/02/2025
Sold
$912,500
-8.66%
MLS
9/30/2025
Listed
$999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7 Caswell Avenue, Newport, RI 02840 (MLS# 1395980) is a Apartment property that was sold at $912,500 on December 02, 2025. Want to learn more about 7 Caswell Avenue? 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.

