Pending

$990,000

68 Old Fort Rd, Newport, RI 02840

3beds

1,762sqft

Est.:

Multi Family

Built in 1920

-- sqft lot

$-- Zestimate^®

$562/sqft

$-- HOA

What's special

Ample off street parkingProminent corner lotCoveted oversized lot

Exceptional investment! Unlock the potential of this duplex that sits on a coveted oversized lot in the heart of the desirable 5th Ward. Situated on a prominent corner lot, this property is a diamond in the rough. Perfect for an investor or savvy homeowner ready to restore its classic character. Just steps from King Park and the Newport Harbor, this property perfectly blends a coastal lifestyle with urban convenience. There is a 3-car garage and ample off street parking, a rare find in this historic neighborhood. The existing garage structure offers an ideal footprint for a potential Accessory Dwelling Unit or modifications can be made to the home itself. Perfect as a high yield rental or a primary home with income potential. Don't miss this opportunity to own a versatile property in one of Newport's premier locations. Maximize your returns! The property offers significant value-add potential!

38 days

96

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Bathroom

Features: Bath w Tub & Shower

Heating

Natural Gas, Gas Connected

Cooling

None

Appliances

Included: Gas Water Heater, Oven/Range, Refrigerator

Features

Wall (Plaster), Stairs, Insulation (Unknown), Ceiling Fan(s)
Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
Basement: Full,Interior Entry,Unfinished,Storage Space,Utility
Number of fireplaces: 1
Fireplace features: Stone

Interior area

Total structure area: 1,762
Total interior livable area: 1,762 sqft

Property

Parking

Total spaces: 5
Parking features: Detached, Integral, Driveway
Attached garage spaces: 3
Has uncovered spaces: Yes

Features

Stories: 2
Patio & porch: Patio

Lot

Size: 8,489.84 Square Feet
Features: Corner Lot, Sidewalks

Details

Parcel number: NEWPM041B0127
Zoning: R10

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Plaster, Clapboard, Shingles, Wood
Foundation: Concrete Perimeter

Condition

New construction: No
Year built: 1920

Utilities & green energy

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

Community & HOA

Community

Features: Near Public Transport, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
Subdivision: Fifth Ward

HOA

Has HOA: No

Location

Region: Newport

Financial & listing details

Price per square foot: $562/sqft
Tax assessed value: $971,500
Annual tax amount: $8,441
Date on market: 4/17/2026
Inclusions: The property is an estate sale and the owner has limited knowledge of historical expenses and rental history.
Total actual rent: 0

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
4/23/2026	Pending sale	$990,000$562/sqft
Source: StateWide MLS RI #1409750 Report a problem
4/17/2026	Listed for sale	$990,000$562/sqft
Source: StateWide MLS RI #1409750 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,441 +5.7%	$971,500
2024	$7,986 +21.8%	$971,500 +42.4%
2023	$6,554	$682,000
2022	$6,554 +3%	$682,000
2021	$6,363 +27.5%	$682,000 +40.5%
2020	$4,989	$485,300
2019	$4,989 +2.9%	$485,300
2018	$4,848 +12.6%	$485,300 +26.3%
2017	$4,307 +2.6%	$384,200
2016	$4,199 +2.4%	$384,200
2015	$4,099 +6%	$384,200 +19.8%
2014	$3,866 +6.2%	$320,600
2012	$3,642 +12.1%	$320,600 -2%
2011	$3,249 +3.9%	$327,200
2010	$3,128 +0.4%	$327,200
2009	$3,115 -19.9%	$327,200 -27.1%
2008	$3,889 +4%	$448,600
2007	$3,741 +4%	$448,600
2006	$3,598 +13.9%	$448,600 +102.9%
2005	$3,160 +11.2%	$221,100
2002	$2,841	$221,100

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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