23 Butler Street, Newport, RI 02840
Local realty services provided by:ERA Key Realty Services
23 Butler Street,Newport, RI 02840
$790,000
- 4 Beds
- 3 Baths
- 1,744 sq. ft.
- Multi-family
- Active
Listed by: frances bidell
Office: flagship real estate advisors
MLS#:1424235
Source:RI_STATEWIDE
Price summary
- Price:$790,000
- Price per sq. ft.:$452.98
About this home
Excellent one level duplex at an amazing price offers two spacious residential units, strong rental income, ample parking, and future expansion potential. Unit A features 2 bedrooms and 2 full baths, while Unit B offers 2 bedrooms and 1 full bath. Both units have desirable features including fireplaces, hardwood floors, large kitchens, and comfortable single-level living. Each side has separately metered gas and electric and a full, concrete basement. Currently producing $4,500 per month or $54,000 annually in gross rental income. Excellent additional rent potential with minor cosmetic improvements and updates. An outstanding opportunity for an owner-occupied duplex, multifamily investment property, or year-round rental. Conveniently located near the Naval Station Newport, downtown Newport, local beaches and waterfront access, making this an attractive option for military personnel, professionals, commuters, and long-term renters seeking proximity to Newport and Narragansett Bay....
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Home facts
- Year built:1981
- Listing ID #:1424235
- Added:1 day(s) ago
- Updated:September 24, 2026 at 04:57 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:8
- Flooring:Ceramic Tile, Hardwood, Vinyl
- Bathrooms Description:Bathtub, Tub Shower
- Kitchen Description:Dishwasher, Oven, Range, Refrigerator
- Basement:Yes
- Basement Description:Exterior Entry, Full, Interior Entry, Unfinished
- Living area:1,744 sq. ft.
Heating and cooling
- Heating:Baseboard, Gas
Structure and exterior
- Year built:1981
- Building area:1,744 sq. ft.
- Lot area:0.17 Acres
- Construction Materials:Brick, Drywall, Shingle Siding
- Foundation Description:Concrete Perimeter
- Levels:1 Story
Utilities
- Water:Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$790,000
- Price per sq. ft.:$452.98
- Tax amount:$5,005 (2026)
Features and amenities
- Appliances:Range, Refrigerator
- Laundry features:In Unit
- Amenities:Gas Water Heater
Parking
- Total parking spaces:6
- Parking description:No Garage
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