24 Pond Avenue

Newport RI 02840

2160 sq. ft.

2178 sq. ft.

Multi-Family

Last sold for $887,500

Joseph Fitzpatrick, last sold this property on 04 September 2026 after 49 days on market.

Overview

Turnkey 2-family investment opportunity in a prime Newport location. Offering three levels of living space, this well-maintained multi-family property presents strong income potential with a proven rental history. Ideally situated near Broadway, the property provides great walkability and convenient access to local restaurants, shops, and everyday amenities, as well as close proximity to the Newport Naval Station, downtown Newport, and area beaches. The layout offers flexibility for both investors and owner-occupants seeking rental income. Additional highlights include separate utilities, basement storage and the potential to create off-street parking, adding further value. A rare opportunity to own a move-in ready multi-family property in one of Newport's most desirable and high-demand rental markets.

Features

5 bedrooms

3 bathrooms

2160 sq. ft. floor area

2178 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar 5 bedroom multi families sold in Newport over the last 12 months, the estimated median property value of 24 Pond Avenue is $1.51m.

Median value

$1.51m

Estimated value range

$750k - $3m

Median days on market

Estimated value trend

-2%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Newport. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 24 Pond Avenue

2026

Sold

$887,500

04 Sep 2026 by Joseph Fitzpatrick, of REMAX Results | Middletown

Happy sellers in Newport

We have insufficient information to provide an overview of customer satisfaction for Newport. Viewing the agent profiles, reviews and sales for Newport can provide insights for this location.