5 Elliot Pl

$1,450,000
Price
8
Beds
3,358 Sq. Ft.
$432 / Sq. Ft.
3,358
Sq. Ft.
$432
per Sq. Ft.

Description

Excellent investment opportunity in Newport's sought-after Upper Broadway neighborhood. This well-maintained Victorian three-family offers over 3,300 sq. ft. of living space and blends historic character with smart updates, including a newer roof, siding, windows, and utilities. Each unit features high ceilings, great natural light, and strong rental potential. Flexible options to occupy one unit or lease all three. Prime location within walking distance to Broadway's restaurants, caf s, and shops....Excellent investment opportunity in Newport's sought-after Upper Broadway neighborhood. This well-maintained Victorian three-family offers over 3,300 sq. ft. of living space and blends historic character with smart updates, including a newer roof, siding, windows, and utilities. Each unit features high ceilings, great natural light, and strong rental potential. Flexible options to occupy one unit or lease all three. Prime location within walking distance to Broadway's restaurants, caf s, and shops. A rare chance to own a solid, income-producing property in one of Newport's most desirable markets.
  1. Listed by Alex Nunes • Brokerage DRE #REC.0005300 • Serhant Rhode Island
    P: (401)-316-5083 alexnunes@serhant.com

Property Details for 5 Elliot Place

Subdivision Name
North End/Broadway
Furnished
Furnished
LISTING UPDATED: 11/23/2025 12:32 AM

Property Details for 5 Elliot Place

StatusActive
MLS #1399953
Days on Market36
Taxes$7,370 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1870
Lot Size0.12 AC / 5,401 SF
CountyNewport County

Location

Listing Courtesy of Serhant Rhode Island
Add your commute

Building Information for 5 Elliot Place

Stories3Residences3Year Built1870Building Size-Lot Size0.12 AC / 5,401 SF

Payment Calculator

$7,779 per month

30 year fixed, 6.28% Interest

Principal and Interest

$7,165

Property Taxes

$614

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5 Elliot Place

Summary
Location and General Information
  • City: Newport
  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Restaurant, Shopping, Tennis Courts
  • Postal City: Newport
  • Postal Code: 02840
  • State Or Province: RI
  • Zoning: R10
  • Human Modified Y N: No
Parking
  • Attached Garage Y N: No
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage Y N: Yes
  • Parking Features: Detached, Garage
  • Parking Total: 6
Taxes and HOA Information
  • Tax Annual Amount: $7,370.00
  • Tax Assessed Value: 848300
  • Tax Lot: 130
  • Tax Map Number: 06
  • Tax Year: 2025
Virtual Tour
Property
Lot Information
  • Above Grade Fin SQFT: 3358.0
  • Building Area Total: 3358.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.124
  • Lot Size Area: 5401.0
  • Lot Size Square Feet: 5401.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Parcel Number: 5ELLIOTPLNEWP
  • Stories Total: 3
Property and Assessments
  • 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: 1870
Utilities
  • Electric: Amps200Or More
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Paved Driveway
Interior Features
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 8
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Fireplaces Total: 3
  • Fireplace Y N: Yes
  • Flooring: Hardwood
  • Heating: Baseboard, Gas, Oil
  • Heating Y N: Yes
  • Interior Features: Tub Shower, Furnished
  • Laundry Features: Common Area, In Unit
  • Rooms Total: 18
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $2,500.00
  • Type: TwoBedroom
  • Unit Type Area: 921.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $3,000.00
  • Unit Type Area: 1244.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $3,200.00
  • Unit Type Area: 1285.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Land Lease Y N: No

Property History for 5 Elliot Place

DateEvent & SourcePriceAppreciation
Nov 12, 2025

Listed (Active)

Rhode Island Association of REALTORS® #1399953

$1,450,000
Mar 17, 2025

Permanently Off Market

Rhode Island Association of REALTORS® #1373599

Jan 13, 2025

Price Change

Rhode Island Association of REALTORS® #1373599

$1,450,000
Nov 24, 2024

Listed (Active)

Rhode Island Association of REALTORS® #1373599

$1,475,000
Mar 25, 2022

Sold

Rhode Island Association of REALTORS® #1305998

$1,200,000
Mar 25, 2022

Contract Signed

Rhode Island Association of REALTORS® #1305998

Mar 25, 2022

Listed (Active)

Rhode Island Association of REALTORS® #1305998

$1,200,000
Mar 8, 2022

Sold (Public Record)

Public Record #1485495405

$1,200,000

+7.7% / yr

Jul 16, 2015

Sold

Rhode Island Association of REALTORS® #1068348

$460,000
May 15, 2015

Contract Signed

Rhode Island Association of REALTORS® #1068348

May 19, 2014

Listed (Active)

Rhode Island Association of REALTORS® #1068348

$525,000
May 11, 2014

Temporarily Off Market

Rhode Island Association of REALTORS® #1055135

Nov 11, 2013

Listed (Active)

Rhode Island Association of REALTORS® #1055135

$525,000
Mar 15, 2011

Permanently Off Market

Rhode Island Association of REALTORS® #979817

Nov 8, 2010

Listed (Active)

Rhode Island Association of REALTORS® #979817

$424,000
May 31, 2002

Sold (Public Record)

Public Record #170922606

$276,000
May 30, 2002

Sold

Rhode Island Association of REALTORS® #202182

$276,000
Feb 26, 2002

Contract Signed

Rhode Island Association of REALTORS® #202182

Feb 18, 2002

Listed (Active)

Rhode Island Association of REALTORS® #202182

$262,000
DateEvent & SourcePrice
11/12/2025

Listed (Active)

Rhode Island Association of REALTORS® #1399953

$1,450,000
03/17/2025

Permanently Off Market

Rhode Island Association of REALTORS® #1373599

01/13/2025

Price Change

Rhode Island Association of REALTORS® #1373599

$1,450,000
11/24/2024

Listed (Active)

Rhode Island Association of REALTORS® #1373599

$1,475,000
03/25/2022

Sold

Rhode Island Association of REALTORS® #1305998

$1,200,000
03/25/2022

Contract Signed

Rhode Island Association of REALTORS® #1305998

03/25/2022

Listed (Active)

Rhode Island Association of REALTORS® #1305998

$1,200,000
03/08/2022

Sold (Public Record)

Public Record #1485495405

$1,200,000

+7.7% / yr

07/16/2015

Sold

Rhode Island Association of REALTORS® #1068348

$460,000
05/15/2015

Contract Signed

Rhode Island Association of REALTORS® #1068348

05/19/2014

Listed (Active)

Rhode Island Association of REALTORS® #1068348

$525,000
05/11/2014

Temporarily Off Market

Rhode Island Association of REALTORS® #1055135

11/11/2013

Listed (Active)

Rhode Island Association of REALTORS® #1055135

$525,000
03/15/2011

Permanently Off Market

Rhode Island Association of REALTORS® #979817

11/08/2010

Listed (Active)

Rhode Island Association of REALTORS® #979817

$424,000
05/31/2002

Sold (Public Record)

Public Record #170922606

$276,000
05/30/2002

Sold

Rhode Island Association of REALTORS® #202182

$276,000
02/26/2002

Contract Signed

Rhode Island Association of REALTORS® #202182

02/18/2002

Listed (Active)

Rhode Island Association of REALTORS® #202182

$262,000

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

Public Records for 5 Elliot Place

Taxable ValueLand$224,300Additions$624,000Total$848,300
Tax Record2025$7,371 ($614 / month)
Home Facts
Baths3Total Finished SqFt3,358 SqFtAbove Grade Finished SqFt3,358 SqFtStories3Lot Size5,419 SqFtStyleTriplexYear Built1870Year Renovated1987ZoningR10CountyNEWPORTAPNNEWP M:006 B:0130

Schools near 5 Elliot Place

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

Similar Sold Homes

5 Elliot Place is a multi-family home for sale in Newport, RI 02840. This property was listed for sale on November 12, 2025 by Serhant Rhode Island, it's currently listed at $1,450,000. It has been on the market for a total of 36 days and was last sold on March 25, 2022. This listing's school district is Newport School District. Nearby schools include Pell Elementary School, Frank E. Thompson Middle School and Rogers High School. 5 Elliot Place is a 8-bed, 3-bath, 3,358 sqft multi-family home built in 1870.

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 Serhant Rhode Island

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.