13 Dean Avenue
Newport, RI 02840
Map
- 5 beds
- 5 baths
- 2,448 sqft
- 4,095 sqft lot
- $725 per sqft
- 1900 build
Fully restored, and de-leaded 3 unit on oversized lot (25% building cov.) in the heart of Newport's Historic Yachting Village! Located steps to Thames Street and all Newport has to offer, this is a tremendous investment or owner occupant opportunity offering as high as a 8.88% Cap Rate--a stellar return for the area, and up to 9 PARKING SPACES. The entire home has been renovated and restored from the roof to the Premium Andersen Replacement Windows with transferrable warranty. The home features three large units, (2) 2 BR/ 1.5 BA, and (1) 1BR/ 1 BA, all currently rented. Units feature hardwood flooring, premium bathrooms and kitchens completely updated and remodeled. Each unit has its own energy efficient ductless heating and cooling system, and is also connected to gas, water, sewer. The roof is young, and was stripped and replaced in 2016 with transferrable warranties. The oversized lot presents a great opportunity to add a garage with lofted unit or living space (ADU) above. With only 25% of building coverage, there is ample room to add this additional dwelling without sacraficing valuable parking for you or your tenants. Each unit comes w/ new dedicated Maytag washer/dryers. Ductless split systems are raised for protection against the elements. Tremendous rental history seasonally, annually, or occupy the third unit and utilize owner occupant short-term rental ability. Own a piece of history with solid returns in the heart of Newport. Sold furnished*
Last checked:
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Last updated Jul 14, 2025
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MLS# 1389865 —
The Building
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Year Built:1900
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New Construction:false
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Building Area Total:2448.0
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Construction Materials:Plaster,Clapboard,WoodSiding
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Foundation Details:Stone
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Stories Total:3
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Basement:ExteriorEntry,Full,InteriorEntry,Unfinished
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Basement:true
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Window Features:ThermalWindows
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Patio And Porch Features:Deck
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Exterior Features:Deck,PavedDriveway
Interior
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Flooring:Hardwood
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Fireplace:false
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Fireplace Features:None
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Laundry Features:CommonArea
Room Dimensions
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Living Area Source:Other
Location
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Latitude:41.478168
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Longitude:-71.313039
The Property
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Size Acres:0.094
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Lot Size Area:4095.0
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Lot Size Square Feet:4095.0
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Lot Size Units:SquareFeet
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Parcel Number:13DEANAVNEWP
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Zoning:R10
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Fencing:Fenced
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (401) 281-8491
- Office phone:
- (401) 464-2617
Taxes
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Tax Year:2025
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Tax Annual Amount:5678.0
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Tax Assessed Value:996000
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Tax Lot:202
Beds
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Bedrooms Total:5
Baths
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Total Baths:5
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Full Baths:3
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Half Baths:2
The Listing
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Virtual Tour URL Unbranded:https://tour.RiLiving.com/13-Dean-Avenue-Newport-RI-02840
Heating & Cooling
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Heating:Ductless,Electric,Gas,HeatPump
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Heating:true
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Cooling:Ductless
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Cooling:true
Utilities
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Utilities:SewerConnected
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Electric:CircuitBreakers
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Sewer:Connected
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Water Source:Connected,MultipleMeters
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Green Energy Efficient:Doors,Hvac,Windows
Appliances
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Appliances:Dryer,WaterHeater,Washer
The Community
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Subdivision Name:Yachting Village
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Senior Community:false
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Community Features:Golf,HighwayAccess,Marina,NearHospital,NearSchools,PublicTransportation,RecreationArea,Restaurant,Shopping,TennisCourts
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Waterfront Features:WalkToWater
Parking
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Parking Total:9.0
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Parking Features:NoGarage
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Garage:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/14/25
Jul 14, 2025
|
Listed / Active | RIMLS | $1,776,000 |
