27 Dean Avenue, Newport, RI 02840

Local realty services provided by:ERA Key Realty Services
27 Dean Avenue,Newport, RI 02840
$1,499,000
Virtual Tour
  • 6 Beds
  • 3 Baths
  • 2,613 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sat, Jan 10
    11:00 am - 12:30 pm
Listed by: holly mclear401-855-0485
Office: hogan associates christie's
MLS#:1402726
Source:RI_STATEWIDE

Price summary

  • Price:$1,499,000
  • Price per sq. ft.:$573.67

About this home

Prime Downtown Newport Investment Opportunity in the charming Yachting Village! Just steps from the waterfront, restaurants, boutiques, and historic mansion tours, this exceptional three-family property offers immediate income and outstanding future potential. The well-maintained building features three updated units, each offering 2 bedrooms and 1 bath, all currently leased with a history of annual rental performance. A rare three-car garage and off-street parking (two spaces per unit) add tremendous value in this highly walkable, in-demand location. The property is well maintained with easy-care siding, young roof, asphalt driveway, a welcoming covered front porch, spacious entry, separate electric meters, common coin-op laundry, and a shared yard with an outdoor garden area. For investors and owner-occupants alike, the upside is compelling. Explore options to transition to seasonal rentals, or pursue future value-add opportunities such as condominium conversion, creating a spacious

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Home facts

  • Year built:1900
  • Listing ID #:1402726
  • Added:1 day(s) ago
  • Updated:January 10, 2026 at 06:10 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:2,613 sq. ft.

Heating and cooling

  • Heating:Baseboard, Hot Water, Oil

Structure and exterior

  • Year built:1900
  • Building area:2,613 sq. ft.
  • Lot area:0.11 Acres

Utilities

  • Water:Connected, Multiple Meters
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$1,499,000
  • Price per sq. ft.:$573.67
  • Tax amount:$8,119 (2025)
MLS LogoThe data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than ERA Key Realty Services are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 State-Wide MLS, Inc. All rights reserved. Date Last Update: January 10, 2026

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