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$985,000
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Property Description
Located in Newport's highly sought-after 5th Ward, this well-maintained side-by-side duplex offers exceptional convenience and desirable rental or owner-occupant potential. Just a short walk to the heart of downtown, public parks, and nearby beach access, this property delivers the best of coastal living. Each spacious townhouse-style unit features 2 bedrooms and 1 full bath, a "flex room" for potential office space or other use, and an open concept living, dining and kitchen area. The home boasts a newer roof, updated front and rear decks, and generous natural light. Sitting on a large lot, the property includes a substantial backyard, a rare find in this neighborhood, along with 1 detached garage, providing ample outdoor storage. Whether you're looking to expand your investment portfolio or enjoy living in one unit while renting the other, this duplex combines modern comfort with unbeatable walkability in one of Newport's most popular districts. A strong opportunity in a prime coastal location. This home is being sold "As Is"
Full Property Details
Full Property Details for 73 Old Fort Rd
General
- Price: $985,000
- Taxes: $4,550 (2025)
- Status: Active
- Type: Multi-Family
- Source: STWMLS
- MLS ID: 1400679
- Updated: 12/19/2025
- Added to Site: 38 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: Attic, Interior Steps, Storage, Tub Shower
- Fireplace(s): Insert
- Appliances: Dryer, Dishwasher, Gas Water Heater, Refrigerator, Water Heater, Washer
- Flooring: Hardwood, Laminate, Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: In Unit
Additional Information
- Tennis: Yes
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Total Spaces: 5
- Parking Features: Detached, Garage
Location
- County: Newport
- Subdivision: Ruggles Ave
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Electric, Forced Air, Gas, Other, Zoned, Pellet Stove
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 2
- Detached/Attached: Detached
- Construction: Drywall, Plaster, Shingle Siding
- Basement: Yes
- Basement Desc.: Exterior Entry, Full, Interior Entry, Partially Finished
- Stories/Levels: 2
- Building Size: 1865
- Finished Total: 1,865 Sq. Ft.
- Finished Above Grnd: 1,865 Sq. Ft.
- Year Built: 1918
Lot Features
- Lot Size (Acres): 0.131
- Lot Size (Sq. Ft.): 5,706
- Lot Size: 5706
Water Features
- Water Front Desc.: Walk to Water
Financial Considerations
- Tax Amount: $4,550
- Tax Year: 2025
Disclosures and Reports
- Inclusions: This sale excludes the personal property of the current tenants, including all furniture, cookware/kitchen items, bathroom items, etc. The sale excludes the refrigerator from #73. The sale includes all other appliances.
- Property ID: 7375OLDFORTRDNEWP
- Lot Number: 131
Listed by Residential Properties Ltd.
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Schools
Schools serving 73 Old Fort Rd
School District:Newport School District, Newport, RI
| Name | Grades | Distance |
|---|---|---|
Rogers High School 15 Wickham Road, Newport, RI 02840 | 9-12 | 0.2 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 73 Old Fort Rd
Date
Details
Price
Change
Source
12/19/2025
Price Reduced
$985,000
-10.45%
MLS
12/10/2025
Listed
$1,100,000
—
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 73 Old Fort Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,544
3%
$911,400
—
2024
$6,352
9%
$911,400
55%
2023
$5,836
3%
$588,300
—
2022
$5,654
3%
$588,300
—
2021
$5,489
22%
$588,300
34%
2020
$4,499
—
$437,600
—
2019
$4,499
3%
$437,600
—
2018
$4,372
13%
$437,600
26%
2017
$3,881
3%
$346,200
—
2016
$3,784
2%
$346,200
—
2015
$3,694
1%
$346,200
14%
2014
$3,649
3%
$302,600
—
2013
$3,543
—
$302,600
—
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 73 Old Fort Rd
73 Old Fort Road, Newport, RI 02840 (MLS# 1400679) is a Multi-Family property with 2 units containing 4 bedrooms and 2 full bathrooms. 73 Old Fort Road is currently listed for $985,000 and was received on December 10, 2025. Want to learn more about 73 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.

