Large multi family in convenient downtown Newport location. Complete interior renovation in 2000. all new plumbing, elec, gas heat and hot water. Sep metered. Mo to mo leases. On site pking for six cars in rear of lot from Bachellor St.
Sold for $98,000,000 on 08/03/23
Street View
$98,000,000
51 Lee Ave, Newport, RI 02840
5beds
3baths
2,151sqft
MultiFamily
Built in 1900
-- sqft lot
$1,062,400 Zestimate®
$45,560/sqft
$3,673 Estimated rent
Home value
$1,062,400
$871,000 - $1.32M
$3,673/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced air, Gas
Interior area
- Total interior livable area: 2,151 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 3,920 sqft
Details
- Parcel number: NEWPM035B0272
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Newport
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2023 | Sold | $98,000,000+31011.1%$45,560/sqft |
Source: Public Record | ||
| 12/1/2010 | Sold | $315,000-7.1%$146/sqft |
Source: Public Record | ||
| 10/30/2010 | Price change | $339,000-8.1%$158/sqft |
Source: Gustave White Sotheby's International Realty #970464 | ||
| 9/4/2010 | Price change | $369,000-7.5%$172/sqft |
Source: Gustave White Sotheby's International Realty #970464 | ||
| 7/3/2010 | Listed for sale | $399,000+295%$185/sqft |
Source: Gustave White Sotheby's International Realty #970464 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,966 +5.7% | $801,700 |
| 2024 | $6,590 +33.2% | $801,700 +55.8% |
| 2023 | $4,946 | $514,700 |
Find assessor info on the county website
Neighborhood: Fifth Ward
Nearby schools
GreatSchools rating
- 4/10Frank E. Thompson Middle SchoolGrades: 5-8Distance: 1 mi
- 4/10Rogers High SchoolGrades: 9-12Distance: 0.7 mi
- 3/10Pell Elementary SchoolGrades: PK-4Distance: 2.2 mi
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$1,062,400
2% more+ $21,248
With Zillow Showcase(estimated)
$1,083,648