Excellent Opportunity Across from King Park! Discover this exceptional 3-story property situated on a prime corner lot with stunning views of the Newport Bridge and harbor from every level. Currently configured as a 2-family residence, the larger unit occupies the upper two floors, with open concept kitchen/living space and two ensuite bedrooms. The first floor is a blank canvas, gutted and partially framed for a potential 1 bed/1 bath apartment, presenting endless possibilities for customization. Keep as a MFM for rental and/or housing family and friends or convert to your dream single family home. Enjoy outdoor living on one of the multiple decks, including a rooftop deck that provides breathtaking panoramic views, and a lovely fenced yard. A detached 2-car garage offers potential for additional living space. Located steps away from yacht clubs, restaurants, and shops, you'll experience the vibrant lifestyle Newport has to offer. Recent upgrades include gas HVAC and central air, Hardie plank and cedar shingle siding, Marvin windows, and hardwood floors throughout. Trustee Sale, sold "as is", Seller Disclosure not available. This property is a rare find!
Sold for $2,000,500 on 12/03/24
$2,000,500
115 Wellington Ave, Newport, RI 02840
3beds
2,879sqft
Multi Family
Built in 1909
-- sqft lot
$2,528,300 Zestimate®
$695/sqft
$4,425 Estimated rent
Home value
$2,528,300
$2.20M - $2.96M
$4,425/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 03, 2024 at 05:28pm
Listed by:
Elizabeth Enochs 318-525-6901,
Hogan Associates Christie's
Bought with:
Kristin Parella, REB.0019735
Residential Properties Ltd.
Source: StateWide MLS RI,MLS#: 1371288
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Bathroom
- Features: Bath w Shower Stall, Bath w Tub & Shower
Heating
- Natural Gas, Central Air, Central, Forced Air, Gas Connected, Zoned
Cooling
- Central Air
Appliances
- Included: Tankless Water Heater, Dishwasher, Dryer, Exhaust Fan, Disposal, Microwave, Oven/Range, Refrigerator, Washer
- Laundry: In Unit
Features
- Wall (Cermaic), Wall (Dry Wall), Wall (Plaster), Skylight, Stairs, Plumbing (Mixed), Plumbing (PVC), Insulation (Unknown)
- Flooring: Ceramic Tile, Hardwood, Laminate
- Windows: Insulated Windows, Storm Window(s), Skylight(s)
- Basement: Partial,Interior Entry,Unfinished
- Number of fireplaces: 1
- Fireplace features: Insert
Interior area
- Total structure area: 2,879
- Total interior livable area: 2,879 sqft
Property
Parking
- Total spaces: 5
- Parking features: Detached, Garage Door Opener, Driveway
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Flat Thresholds
Features
- Stories: 3
- Patio & porch: Deck
- Fencing: Fenced
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Access, Flood Insurance, Walk to Salt Water
Lot
- Size: 4,499 sqft
- Features: Corner Lot, Sidewalks
Details
- Foundation area: 966
- Parcel number: NEWPM039B0359
- Zoning: R10
- Special conditions: Conventional/Market Value
- Other equipment: Cable TV
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Ceramic, Dry Wall, Plaster, Clapboard, Shingles
- Foundation: Concrete Perimeter, Stone
Condition
- New construction: No
- Year built: 1909
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Municipal, Public
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Golf, Highway Access, Hospital, Marina, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
Location
- Region: Newport
- Subdivision: Wellington/ King Park
HOA & financial
HOA
- Has HOA: No
Other financial information
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 12/3/2024 | Sold | $2,000,500+8.1%$695/sqft |
Source:  StateWide MLS RI #1371288 | ||
| 11/1/2024 | Pending sale | $1,850,000$643/sqft |
Source: StateWide MLS RI #1371288 | ||
| 10/25/2024 | Listed for sale | $1,850,000+245.3%$643/sqft |
Source: StateWide MLS RI #1371288 | ||
| 3/30/2012 | Sold | $535,700+53470%$186/sqft |
Source: Public Record | ||
| 6/6/2007 | Sold | $1,000 |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,221 +5.7% | $2,097,000 |
| 2024 | $17,237 +57.4% | $2,097,000 +84.1% |
| 2023 | $10,949 | $1,139,300 |
Find assessor info on the county website
Neighborhood: Fifth Ward
Nearby schools
GreatSchools rating
- 4/10Frank E. Thompson Middle SchoolGrades: 5-8Distance: 1.2 mi
- 4/10Rogers High SchoolGrades: 9-12Distance: 0.5 mi
- 3/10Pell Elementary SchoolGrades: PK-4Distance: 2.3 mi
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$2,528,300
2% more+ $50,566
With Zillow Showcase(estimated)
$2,578,866