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.
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
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#: 1384067

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