23 Butler Street, Newport, RI 02840
- 4 beds |
- 3 baths |
- 1,744 sqft
Multi-Family Home 
Built in 1981 
7,453sqft lot
—— car garage 
$453/sqft 
Listed 11 days ago
Property Description
Excellent one level duplex at an amazing price offers two spacious residential units, strong rental income, ample parking, and future expansion potential. Unit A features 2 bedrooms and 2 full baths, while Unit B offers 2 bedrooms and 1 full bath. Both units have desirable features including fireplaces, hardwood floors, large kitchens, and comfortable single-level living. Each side has separately metered gas and electric and a full, concrete basement. Currently producing $4,500 per month or $54,000 annually in gross rental income. Excellent additional rent potential with minor cosmetic improvements and updates. An outstanding opportunity for an owner-occupied duplex, multifamily investment property, or year-round rental. Conveniently located near the Naval Station Newport, downtown Newport, local beaches and waterfront access, making this an attractive option for military personnel, professionals, commuters, and long-term renters seeking proximity to Newport and Narragansett Bay.
- Listing Status:
- Active
- Date Added:
- September 23, 2026
- Data Last Updated:
- October 5, 2026 at 2:18AM
- Listing Office:
- Flagship Real Estate Advisors : 401-789-2255
- MLS ID:
- 1424235
- Style: Side By Side
- Parking: No GarageParking spaces: 6
- General: DrywallBrickShingle Siding1Concrete Perimeter
- HOA Amenities: 0.0
- Originating MLS: RIS_RIS
- County: Newport
- Zoning: r1023BUTLERSTNEWP
- Utilities: Sewer Connected100 Amp Service
- Water: Connected
- Sewer: Connected
- Source: RIS_RIS
This listing courtesy of Flagship Real Estate Advisors
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
