32 Houston Avenue, Newport, RI 02840

• 5 beds |
• 3 baths |
• 2,552 sqft

Property Description

Rare three-family home in Newport’s Fifth Ward set on an oversized 8,500+ square foot lot, just six doors from King Park and Newport Harbor. A short walk brings you to Thames Street, downtown, and some of the area’s best dining, shops, beaches, NYYC, Ida Lewis YC, and more. One of Newport’s most walkable and desirable coastal neighborhoods. The property features an updated first-floor three-bedroom unit with in-unit laundry, along with two well-maintained one-bedroom units on the second and third floors. Two of the three units currently have leases in place, offering immediate income with flexibility moving forward. Whether maintained as a multi-family investment, repositioned to increase rental potential, or converted into a larger single-family residence, the property offers multiple paths depending on your goals. The expansive lot provides ample off-street parking and presents additional opportunity for outdoor improvements, a garage, or future expansion. A strong offering in a PRIME location, with both current income and long-term upside

Listing Status:

Active

Date Added:

July 8, 2026

Data Last Updated:

July 31, 2026 at 12:18AM

Listing Office:

RE/MAX Results : 401-848-7827

MLS ID:

1416850

Interior

• General: Tub ShowerFurnished
• Appliances: DryerDishwasherElectric Water HeaterMicrowaveOvenRangeRefrigeratorTrash CompactorWasher
• Laundry: Common AreaIn Unit
• Basement: FullUnfinishedWalk-Out Access
• Flooring: Vinyl
• A/C: Window Unit(s)
• Heating: BaseboardGasHot Water
• Fireplace: Fireplaces: 0

Exterior

• Style: Stacked
• Parking: No GarageParking spaces: 8

Construction

• General: DrywallVinyl Siding3Combination

Location

• Originating MLS: RIS_RIS
• County: Newport

Lot

• Zoning: R1032HOUSTONAVNEWP

Utilities

• Utilities: Sewer Connected200+ Amp Service
• Water: ConnectedPublic
• Sewer: ConnectedPublic Sewer

Financial

• Source: RIS_RIS