Don’t miss this Morton Park beautiful multi-family home with large living spaces. The property provides 3 units. The first floor unit has a separate/private entrance, 3 beds/1 bath, a large living room and a spacious kitchen and dining area. The second floor unit also has 3 beds/1 bath, living room and an eat-in kitchen. These two units have high ceilings and tall windows. The third floor has a large entry, 2 bedrooms/1 bath with laundry, living room. Lovely private garden in rear. Newport attracts roughly 4 million visitors annually, which means there’s a global interest in living in this historic, exciting coastal city. Close to Salve Regina University, the location is right in the heart of the city with equal access to gorgeous beaches, fabulous seafood restaurants, historic mansions, museums, fine dining, cafes, and Newport’s robust sailing community.
Sold for $1,350,000
$1,350,000
571 Spring St, Newport, RI 02840
8beds
4,079sqft
Multi Family
Built in 1896
-- sqft lot
$1,626,700 Zestimate®
$331/sqft
$2,363 Estimated rent
Home value
$1,626,700
$1.43M - $1.85M
$2,363/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: August 27, 2025 at 10:14am
Listed by:
Eddie Rayden 425-894-6344,
Residential Properties Ltd.
Bought with:
The Bridge & Bay Group
William Raveis Inspire
Source: StateWide MLS RI,MLS#: 1389848
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Shower Stall, Bath w Tub & Shower
Heating
- Natural Gas, Oil, Baseboard, Forced Air, Forced Water
Cooling
- None
Appliances
- Included: Electric Water Heater, Gas Water Heater, Tankless Water Heater, Dishwasher, Dryer, Exhaust Fan, Disposal, Microwave, Oven/Range, Refrigerator, Washer
- Laundry: Common Area, In Building
Features
- Wall (Cermaic), Stairs, Plumbing (Mixed), Insulation (Unknown), Ceiling Fan(s)
- Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl
- Basement: Full,Interior and Exterior,Unfinished,Laundry,Storage Space,Utility
- Number of fireplaces: 2
- Fireplace features: Marble
Interior area
- Total structure area: 6,014
- Total interior livable area: 4,079 sqft
Property
Parking
- Parking features: No Garage
Features
- Stories: 3
- Waterfront features: Walk To Water
Lot
- Size: 5,662 sqft
- Features: Sidewalks
Details
- Parcel number: NEWPM040B0373
- Zoning: R10
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Ceramic, Vinyl Siding
- Foundation: Concrete Perimeter, Mixed
Condition
- New construction: No
- Year built: 1896
Utilities & green energy
- Electric: 100 Amp Service, Individual Meter
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
Location
- Region: Newport
- Subdivision: Morton Park
HOA & financial
Other financial information
- Total actual rent: 7800
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2025 | Sold | $1,350,000-10%$331/sqft |
Source:  StateWide MLS RI #1389848 Report a problem | ||
| 7/25/2025 | Pending sale | $1,500,000$368/sqft |
Source: StateWide MLS RI #1389848 Report a problem | ||
| 7/15/2025 | Listed for sale | $1,500,000+122.2%$368/sqft |
Source: StateWide MLS RI #1389848 Report a problem | ||
| 12/31/2020 | Sold | $675,000-14%$165/sqft |
Source: Public Record Report a problem | ||
| 3/26/2020 | Listing removed | $785,000$192/sqft |
Source: Gustave White Sotheby's International Realty #1230613 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,455 +5.7% | $1,088,100 |
| 2024 | $8,944 +34% | $1,088,100 +56.6% |
| 2023 | $6,676 | $694,700 |
Find assessor info on the county website
Neighborhood: Fifth Ward
Nearby schools
GreatSchools rating
- 3/10Frank E. Thompson Middle SchoolGrades: 5-8Distance: 1.3 mi
- 4/10Rogers High SchoolGrades: 9-12Distance: 0.6 mi
- 4/10Pell Elementary SchoolGrades: PK-4Distance: 2.5 mi
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Estimated market value
$1,626,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,626,700
- Rhode Island
- Newport County
- Newport
- 02840
- Fifth Ward
- 571 Spring St