Sold
Last Sold Price
6 beds3,500 sqft

404 Spring St, Newport, RI 02840

Multi FamilyProperty Type
0.14 acresLot Size
1900Year Built
$37/sq ftPrice per sq ft
4 carsParking Spaces

Description

Sunny & spacious units in popular downtown newport area! Off street parking a plus. With a little money and some elbow grease this investment will pay off!Sunny & spacious units in popular downtown newport area! Off street parking a plus. With a little money and some elbow grease this investment will pay off!
  • Listed by: BRYAN COONEY 401.635.2283 harmonydanjeanne@aol.com Brokerage DRE #REB.0010327 • RE/MAX Profnl. Newport, Inc.
Listing closed: 09/10/1996 12:00 AM • Source: Rhode Island Association of REALTORS®, MLS#: 603676
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Recent comparable sales

Median sold price

$1,350,000

Avg days on market

21

Sale-to-list ratio

94.5%

Newport, RI

9 comparable properties found

$740,000 | 8 Peckham Avenue, Newport, RI 02840
1/24
1

$740,000

Sold 01/30/25

6
Bedrooms
3,128
Square Feet
0.14
Acres
$1,410,000 | 28 Young Street, Newport, RI 02840
1/51
2

$1,410,000

Sold 12/30/25

6
Bedrooms
2,828
Square Feet
0.08
Acres
$1,350,000 | 27 Dean Avenue, Newport, RI 02840
1/17
3

$1,350,000

Sold 03/03/26

6
Bedrooms
2,613
Square Feet
0.11
Acres
$910,000 | 44 Warner Street, Newport, RI 02840
1/51
4

$910,000

Sold 12/12/25

6
Bedrooms
2,524
Square Feet
0.06
Acres
$1,055,250 | 92 Warner Street, Newport, RI 02840
1/51
5

$1,055,250

Sold 03/26/25

6
Bedrooms
2,568
Square Feet
0.10
Acres
$2,400,000 | 41 School Street, Newport, RI 02840
1/5
6

$2,400,000

Sold 02/05/25

7
Bedrooms
4,036
Square Feet
0.11
Acres
$1,810,000 | 22 Farewell Street, Newport, RI 02840
1/41
7

$1,810,000

Sold 07/24/26

6
Bedrooms
3,010
Square Feet
0.07
Acres
$1,875,000 | 604 Thames Street, Newport, RI 02840
1/51
8

$1,875,000

Sold 03/23/26

5
Bedrooms
2,930
Square Feet
0.08
Acres
$200,000 | 55 Cottage Street, Newport, VT 05855
1/30
9

$200,000

Sold 06/26/25

6
Bedrooms
3,137
Square Feet
0.23
Acres

Location

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

Sold By CAPITOL REALTY COMPANY

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$991 per month

30 year fixed, 7.03% Interest

Principal and Interest

$694

Property Taxes

$297

HOA Dues

$0

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Property Information for 404 Spring Street

Property Details

  • Taxes: $3,569 / year
  • MLS Type: Residential Income / Multi Family
  • Subdivision Name: HISTORIC HILL
  • Waterfront Features: Walk To Water

Building Information

  • Stories: 3
  • Residences: 3
  • Year Built: 1900
  • Lot Size: 0.14 AC / 6,060 SF

Summary

Location and General Information
  • City: Newport
  • Community Features: Near Schools, Public Transportation, Shopping, Sidewalks
  • Postal City: Newport
  • Postal Code: 02840
  • State Or Province: RI
  • Zoning: RES
  • Human Modified Y N: No
Parking
  • Attached Garage Y N: No
  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage Y N: Yes
  • Parking Features: Detached, Garage
  • Parking Total: 4
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Annual Amount: $3,568.66
  • Tax Assessed Value: 163700
  • Tax Block: 0000
  • Tax Lot: 181
  • Tax Map Number: 32

Property

Lot Information
  • Above Grade Fin SQFT: 3500.0
  • Building Area Total: 3500.0
  • Frontage Length: 53
  • Living Area: 3,500.00
  • Lot Size Acres: 0.1391
  • Lot Size Area: 6060.0
  • Lot Size Square Feet: 6060.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 404406SPRINGSTNEWP
  • Stories Total: 3
Property and Assessments
  • Buyer Financing: Conventional
  • New Construction Y N: No
  • Number Of Units Total: 3
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1900
  • C L I P: 2,313,740,917
Utilities
  • Electric: Circuit Breakers, Fuses, Separate Meters
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters

Interior and Exterior Features

Exterior Features
  • Exterior Features: Paved Driveway
  • Fencing: Fenced
Interior Features
  • Appliances: Dishwasher, Electric Water Heater, Oven, Range, Refrigerator
  • Basement: Full, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 6
  • Cooling: None
  • Cooling Y N: No
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Hardwood
  • Heating: Hot Water, Oil
  • Heating Y N: Yes
  • Rooms Total: 15

Multi Family

Income & Expenses Information
  • Operating Expense: $630.00
Unit 1 Information
  • Actual Rent: $650.00
  • Description: LR EIK BR BR TBTS
  • Total Rent: $1,100.00
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $450.00
  • Description: LR EIK BR BR TBTS
  • Total Rent: $1,100.00
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $.00
  • Description: LR EIK BR BR TBTS
  • Total Rent: $1,100.00
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0

Rental

Rental Information
  • Tenant Pays: Hot Water

Property History for 404 Spring Street

DateEvent & SourcePriceAppreciation
Sep 10, 1996

Sold

Rhode Island Association of REALTORS® #603676

$130,000—
Aug 15, 1996

Contract Signed

Rhode Island Association of REALTORS® #603676

—
Feb 21, 1996

Listed (Active)

Rhode Island Association of REALTORS® #603676

$165,000—
DateEvent & SourcePrice
09/10/1996

Sold

Rhode Island Association of REALTORS® #603676

$130,000
08/15/1996

Contract Signed

Rhode Island Association of REALTORS® #603676

—
02/21/1996

Listed (Active)

Rhode Island Association of REALTORS® #603676

$165,000

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

Schools near 404 Spring Street

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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 404 Spring Street, Newport, RI 02840
$130,000
6
3,500
6,060
$130,000
–
3
3,145
6,059
$224,500
1
837
–
$456,500
1
785
–
$320,000
1
1,026
–
$700,000
2
4.5
4,009
6,948

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

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.