1 Arnold Ave

$1,100,000
Price
4
Beds
2,680 Sq. Ft.
$410 / Sq. Ft.
2,680
Sq. Ft.
$410
per Sq. Ft.

Description

Don't miss this multi-family gem! Classic Newport elegance is to be found in this large, two family home. The home is replete with lovingly retained period touches, including beautiful wood molding and solid wood doors, claw-foot bathtubs, and built-in cabinetry. Both units have balconies where one can enjoy morning coffee or an evening glass of wine. The ground floor unit has a large living room with an adjacent sitting room. The sitting room has potential for conversion to a bedroom. The upstairs...Don't miss this multi-family gem! Classic Newport elegance is to be found in this large, two family home. The home is replete with lovingly retained period touches, including beautiful wood molding and solid wood doors, claw-foot bathtubs, and built-in cabinetry. Both units have balconies where one can enjoy morning coffee or an evening glass of wine. The ground floor unit has a large living room with an adjacent sitting room. The sitting room has potential for conversion to a bedroom. The upstairs unit large foyer opens into the large living room, leading to the even larger dining room. The upper unit has a huge second balcony overlooking the street. The upper unit could be expanded into the large unfinished attic. Conveniently located just off Broadway, it's just a short distance from everything that Newport has to offer. Built in 1920, this home is very comfortable, with large rooms. There is a huge attic space that has potential for expansion of the upstairs unit. The driveway provides access to the two-car garage. The large basement has ample storage and the laundry area. This special home awaits your personal touches to make it your own.

Property Details for 1 Arnold Avenue

Subdivision Name
Upper Broadway
LISTING UPDATED: 11/14/2025 07:58 PM

Property Details for 1 Arnold Avenue

StatusActive
MLS #1394969
Days on Market91
Taxes$7,080 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1920
Lot Size0.11 AC / 4,792 SF
CountyNewport County

Location

Listing Courtesy of RE/MAX Profnl. Newport, Inc.
Add your commute

Building Information for 1 Arnold Avenue

Stories2Residences2Year Built1920Building Size-Lot Size0.11 AC / 4,792 SF

Payment Calculator

$6,025 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,435

Property Taxes

$590

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1 Arnold Avenue

Summary
Location and General Information
  • City: Newport
  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Courts, Sidewalks
  • Postal City: Newport
  • Postal Code: 02840
  • Postal Code Plus4: 1704
  • State Or Province: RI
  • Zoning: R10
  • Human Modified Y N: Yes
Parking
  • Attached Garage Y N: No
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage Y N: Yes
  • Parking Features: Detached, Garage
  • Parking Total: 3
Taxes and HOA Information
  • Tax Annual Amount: $7,080.00
  • Tax Assessed Value: 814800
  • Tax Lot: 509
  • Tax Map Number: 7
  • Tax Year: 2025
Property
Lot Information
  • Above Grade Fin SQFT: 2680.0
  • Building Area Total: 2680.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.11
  • Lot Size Area: 4792.0
  • Lot Size Square Feet: 4792.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Parcel Number: 1ARNOLDAVNEWP
  • Stories Total: 2
Property and Assessments
  • New Construction Y N: No
  • Number Of Units Total: 2
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1920
Utilities
  • Electric: Amps100
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Interior Features
  • Appliances: Dryer, Dishwasher, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Basement: Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4
  • Cooling: None
  • Cooling Y N: No
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Hardwood
  • Heating: Oil, Radiant
  • Heating Y N: Yes
  • Interior Features: Attic, Bathtub, Interior Steps, Permanent Attic Stairs, Storage, Tub Shower
  • Laundry Features: Common Area
  • Rooms Total: 14
Multi Family
Income & Expenses Information
  • Operating Expense: $3,167.00
Unit 1 Information
  • Actual Rent: $1,700.00
  • Type: TwoBedroom
  • Occupant Type: Vacant
  • Unit Type Area: 1380.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $1,550.00
  • Type: TwoBedroom
  • Unit Type Area: 1374.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Land Lease Y N: No

Property History for 1 Arnold Avenue

DateEvent & SourcePriceAppreciation
Sep 18, 2025

Listed (Active)

Rhode Island Association of REALTORS® #1394969

$1,100,000
Nov 30, 2009

Sold (Public Record)

Public Record #279920768

$381,000

+8.1% / yr

Nov 30, 2009

Sold

Rhode Island Association of REALTORS® #950685

$381,000
Oct 31, 2009

Contract Signed

Rhode Island Association of REALTORS® #950685

Oct 2, 2009

Listed (Active)

Rhode Island Association of REALTORS® #950685

$395,000
Oct 21, 1993

Sold (Public Record)

Public Record #170912953

$108,000
DateEvent & SourcePrice
09/18/2025

Listed (Active)

Rhode Island Association of REALTORS® #1394969

$1,100,000
11/30/2009

Sold (Public Record)

Public Record #279920768

$381,000

+8.1% / yr

11/30/2009

Sold

Rhode Island Association of REALTORS® #950685

$381,000
10/31/2009

Contract Signed

Rhode Island Association of REALTORS® #950685

10/02/2009

Listed (Active)

Rhode Island Association of REALTORS® #950685

$395,000
10/21/1993

Sold (Public Record)

Public Record #170912953

$108,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1 Arnold Avenue

Taxable ValueLand$217,900Additions$596,900Total$814,800
Tax Record2025$7,080 ($590 / month)
Home Facts
Baths2Total Finished SqFt2,680 SqFtAbove Grade Finished SqFt2,680 SqFtStories2Lot Size4,796 SqFtStyleDuplexYear Built1920Year Renovated1987ZoningR10CountyNEWPORTAPNNEWP M:007 B:0509

Schools near 1 Arnold Avenue

This home is within Newport School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Pell Elementary School
PublicPK to 4

Frank E. Thompson Middle School
Public5 to 8

Rogers High School
Public9 to 12

Newport Area Career Tech Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1 Arnold Avenue is a multi-family home for sale in Newport, RI 02840. This property was listed for sale on September 18, 2025 by RE/MAX Profnl. Newport, Inc., it's currently listed at $1,100,000. It has been on the market for a total of 91 days and was last sold on November 30, 2009. This listing's school district is Newport School District. Nearby schools include Pell Elementary School, Frank E. Thompson Middle School and Rogers High School. 1 Arnold Avenue is a 4-bed, 2-bath, 2,680 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Profnl. Newport, Inc.

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.