5 Elliot Pl

3,358 Sq. Ft.
$417 / Sq. Ft.
3,358
Sq. Ft.
$417
per Sq. Ft.

Description

Just off upper Broadway, this home features 3 units, two spacious 3-bedroom apartments and an updated 2-bedroom apartment, all featuring modern upgrades. Recent renovations include a roof, siding, windows, electrical, plumbing, and heating systems. 5 off-street parking spaces, EV charger, a 2-car garage, deck and garden area. Strong rental history, within close proximity to Broadway's restaurants and shops, the U. S. Naval War College, and convenient highway access. A great turnkey property for investors...Just off upper Broadway, this home features 3 units, two spacious 3-bedroom apartments and an updated 2-bedroom apartment, all featuring modern upgrades. Recent renovations include a roof, siding, windows, electrical, plumbing, and heating systems. 5 off-street parking spaces, EV charger, a 2-car garage, deck and garden area. Strong rental history, within close proximity to Broadway's restaurants and shops, the U. S. Naval War College, and convenient highway access. A great turnkey property for investors or owner-occupants.
  1. Listed by Alexander Fraioli • Brokerage DRE #REB.0013763 • Edge Realty RI
    P: (401)-255-9109 fraioli42@gmail.com

Property Details for 5 Elliot Place

Subdivision Name
Broadway
LISTING UPDATED: 07/12/2026 12:30 PM

Property Details for 5 Elliot Place

StatusActive
MLS #1412185
Days on Market45
Taxes$7,371 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1870
Lot Size0.12 AC / 5,227 SF
CountyNewport County

Location

Listing Courtesy of Edge Realty RI
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Building Information for 5 Elliot Place

Stories3Residences3Year Built1870Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$7,591 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,976

Property Taxes

$614

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5 Elliot Place

Summary
Location and General Information
  • City: Newport
  • Community Features: Highway Access, Near Hospital, Near Schools, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Courts
  • Postal City: Newport
  • Postal Code: 02840
  • Postal Code Plus4: 5800
  • 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: 5
Taxes and HOA Information
  • Tax Annual Amount: $7,371.00
  • 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: 0.12
  • Lot Size Area: 5227.0
  • Lot Size Square Feet: 5227.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 5ELLIOTPLNEWP
  • Stories Total: 3
  • Structure Type: Apartment
Property and Assessments
  • New Construction Y N: No
  • Number Of Units Total: 3
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community Y N: No
  • Year Built: 1870
  • C L I P: 7,506,718,526
Utilities
  • Electric: Amps100
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Interior Features
  • Appliances: Electric Water Heater
  • Basement: Full, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 8
  • Cooling: None
  • Cooling Y N: No
  • Fireplaces Total: 2
  • Fireplace Y N: Yes
  • Flooring: Hardwood
  • Heating: Gas, Hot Water
  • Heating Y N: Yes
  • Interior Features: Bathtub, Interior Steps, Tub Shower
  • Laundry Features: Common Area, In Unit
  • Rooms Total: 15
Multi Family
Unit 1 Information
  • Actual Rent: $2,575.00
  • Type: Two Bedroom
  • Unit Type Area: 816.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
Unit 2 Information
  • Actual Rent: $3,060.00
  • Type: Three Bedroom
  • Unit Type Area: 1251.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
Unit 3 Information
  • Actual Rent: $4,470.00
  • Type: Three Bedroom
  • Unit Type Area: 1291.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
Rental
Rental Information
  • Land Lease Y N: No

Property History for 5 Elliot Place

DateEvent & SourcePriceAppreciation
May 28, 2026

Listed (Active)

Rhode Island Association of REALTORS® #1412185

$1,400,000
May 11, 2026

Temporarily Off Market

Rhode Island Association of REALTORS® #1399953

Apr 17, 2026

Price Change

Rhode Island Association of REALTORS® #1399953

$1,400,000
DateEvent & SourcePrice
05/28/2026

Listed (Active)

Rhode Island Association of REALTORS® #1412185

$1,400,000
05/11/2026

Temporarily Off Market

Rhode Island Association of REALTORS® #1399953

04/17/2026

Price Change

Rhode Island Association of REALTORS® #1399953

$1,400,000

For completeness, we 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

5 Elliot Place is a multi-family home for sale in Newport, RI 02840. This property was listed for sale on May 28, 2026 by Edge Realty RI, it's currently listed at $1,400,000. It has been on the market for a total of 45 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 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.

Listing Courtesy of Edge Realty RI

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.