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$1,400,000

  • For Sale
  • Active
  • Multi-Family
  • 2 Units
  • 5 Total Beds
  • 0.0517 Acres
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74 Third Street, Newport, RIVideo Tour of 74 Third Street, Newport, RI.
Create your coastal dream home in one of Newport's most charming neighborhoods. Located in Historic Point, the property includes a 2-unit main residence, easily convertible into a single-family home, as well as a bonus converted-barn outbuilding to customize and adapt into guest quarters, a creative studio, a home office, or whatever your heart desires. The main house's first level is a 1-bedroom unit including a bonus room, usable as an office or smaller guest space, a full bath, eat-in kitchen, and living room. The second and third floor make up the home's second unit with 4 bedrooms total (2 per floor) and 2 full baths (one per floor). Discover the second floor's welcoming living room, dining room, kitchen, and laundry, along with the third floor's sweet private deck. With period details and a layout equally suited for open-concept or private quarters, this house has the flexibility to truly become your home. With one off-street parking spot and a mature perennial garden featured on Newport's Secret Garden Tour, you can enjoy a beautiful world of your own but best of all, you'll be unbelievably close to the heart of Newport, including the waterfront, Battery Park, Broadway restaurants, and downtown shopping.

Full Property Details for 74 Third St

General

  • Price: $1,400,000
  • Taxes: $7,558 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: STWMLS
  • MLS ID: 1385762
  • Updated: 9/4/2025
  • Added to Site: 237 day(s) ago

Business

  • Business Type: Other

Interior

  • Number of Rooms: 11
  • Interior Features: Bathtub, Dry Bar, Interior Steps, Skylights, Tub Shower, Cable TV
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Flooring: Ceramic Tile, Hardwood, Laminate, Wood, Carpet

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: Common Area

Additional Information

  • Tennis: Yes

Exterior

  • Exterior Features: Deck, Patio
  • Porch/Patio/Deck: Deck, Patio

Parking

  • Total Spaces: 2
  • Parking Features: No Garage

Location

  • County: Newport
  • Subdivision: The Point
  • Near Highway: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ductless, Wall Unit(s)
  • Heating Type: Gas, Hot Water

Utilities

  • Sewer: Connected
  • Water: Connected, Multiple Meters
  • Utility Description: Sewer Connected

Structural Information

  • # Buildings: 2
  • Detached/Attached: Detached
  • Construction: Drywall, Plaster, Clapboard, Masonry
  • Basement: Yes
  • Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
  • Windows: Skylight(s)
  • Stories/Levels: 3
  • Building Size: 2313
  • Finished Total: 2,313 Sq. Ft.
  • Finished Above Grnd: 2,313 Sq. Ft.
  • Year Built: 1900

Additional Structures

  • Other Structures: Guest House, Outbuilding

Lot Features

  • Lot Size (Acres): 0.0517
  • Lot Size (Sq. Ft.): 2,250
  • Lot Size: 2250
  • Sidewalks: Yes

Water Features

  • Water Front Desc.: Walk to Water

Green Features

  • Location: Public Transportation, Walkability

Financial Considerations

  • Operating Expenses: $18,000
  • Tax Amount: $7,558
  • Tax Year: 2024
  • Tenant Pays: Hot Water

Disclosures and Reports

  • Property ID: 74THIRDSTNEWP
  • Lot Number: 12

Listed by Residential Properties Ltd.

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Listing agent

— 74 Third St —

  • Residential Properties Ltd.

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Be ready to buy your new home!

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 74 Third St

School District:Newport School District, Newport, RI
NameGradesDistance
Rogers High School
15 Wickham Road, Newport, RI 02840
9-121.9 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 74 Third St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/24/2025
Price Reduced
$1,400,000
-6.67%
MLS
5/24/2025
Listed
$1,500,000
—
MLS
Get Price Alerts and Save Property
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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Listed by Residential Properties Ltd.

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74 Third Street, Newport, RI 02840 (MLS# 1385762) is a Multi-Family property with 2 units containing 5 bedrooms and 3 full bathrooms. 74 Third Street is currently listed for $1,400,000 and was received on May 24, 2025. Want to learn more about 74 Third Street? 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.

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