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Sold for $1,700,000 on 05/20/25
  • $1,700,000

    11 Merton Rd, Newport, RI 02840

    4beds
    1,628sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $1,716,100 Zestimate®
    $1,044/sqft
    $3,380 Estimated rent

    What's special

    Welcome to 11 Merton Road, a rare investment opportunity located in the historic heart of Newport. This legal Airbnb-approved short-term rental property features two fully registered units, offering a chance for investors or buyers seeking a second home with substantial income potential. Ideally situated to capitalize on Newport’s thriving tourism market, this property provides both versatility and undeniable charm. The residence is divided into two distinct 2-bedroom, 1-bath units. The upper-level unit boasts a spacious, open layout with central air conditioning, plus access to a generous private deck — perfect for relaxation or entertaining. The first-floor unit offers modern upgrades and cozy living spaces. Both units benefit from updated heating and cooling systems for year-round comfort, along with new composite siding for a low-maintenance exterior. Additional highlights include off-street parking and a private outdoor space for residents to enjoy. The property’s unbeatable location is just steps from the Tennis Hall of Fame, the elegant shops and dining along Bellevue Avenue, and a short stroll to the stunning Cliff Walk, beaches, and the Newport waterfront. With its prime location, the property is poised to attract consistent rental demand. Don’t miss this exceptional chance to own a versatile, income-generating property that combines steady revenue.

    Zillow last checked: 7 hours ago

    Listing updated: May 20, 2025 at 11:49am

    Listed by:

    Kevan Campbell 401-556-9563,

    Hogan Associates Christie's

    Bought with:

    Brian Burke, RES.0046965

    Coldwell Banker Realty

    Source: StateWide MLS RI,MLS#: 1384067MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas, Central, Forced Water
    Cooling
    • Central Air, Window Unit(s)
    Appliances
    • Included: Electric Water Heater, Gas Water Heater, Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
    • Laundry: Common Area, In Building
    Features
    • Plumbing (Mixed)
    • Flooring: Ceramic Tile, Hardwood
    • Basement: Full,Bulkhead,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,628
    • Total interior livable area: 1,628 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: No Garage
    Features
    • Stories: 2
    • Waterfront features: Walk to Salt Water
    Lot
    • Size: 2,051 sqft
    Details
    • Parcel number: NEWPM029B0209
    • Zoning: GB
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Clapboard
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Municipal, Public
    • Utilities for property: Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Near Public Transport, Private School, Recreational Facilities, Restaurants, Schools, Near Shopping, Tennis
    Location
    • Region: Newport
    • Subdivision: Memorial Blvd

    HOA & financial

    HOA
    • Has HOA: No
    • HOA fee: $8 monthly
    Other financial information
    • Total actual rent: 0
    Services availability
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    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $1,716,100
    2% more+ $34,322
    With Zillow Showcase(estimated)
    $1,750,422