Multi Family at 1 3 Pell Street, Newport
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$1,800,000

1 3 Pell Street
Newport, RI 02840
Listed by Teri Degnan
Bedrooms
7
Bathrooms
4.5
Living area
N/A
Year built
1910

About this home

Tucked off Kay St, this side by side two family home is a perfect fit for rental income, multi-generational living or guest accommodations. Each unit spans 3 levels, includes it's own private patio and features hardwood floors throughout. The exterior has been freshly painted and welcomes you with a charming front porch and one parking spot for each unit. Left Side Residence (4 Bedrooms, 2 Bathrooms) The first floor includes a spacious living room with pocket doors, separate dining room, compact functional kitchen with patio access. The second level offers 3 bedrooms and a full bath with walk-in shower. On the third level, a quaint bedroom is paired with a large bathroom featuring a soaking tub. Right Side Residence (3 Bedrooms, 2 Bathrooms) The first floor features a living room with pocket doors, an open kitchen and dining area and access with patio access and a half bath. The second level offers 2 bedrooms, a beautifully tiled bathroom with walk-in shower. One of the bedrooms has an attached sun room, ideal as a sitting area, dressing room or playroom. The third level boasts a large bedroom with a walk-in closet and a bathroom with a soaking tub, making it ideal as a primary suite. With abundant space, flexibility and functionality, these units are ready to accommodate a range of lifestyles. Don't miss this opportunity to own a piece of picturesque Newport situated close to Bellevue Ave and the vibrant Broadway district!

Property details

MLS #
1392084
Property type
Multi Family
Subdivision
Kay St
Status
Active
Days on market
411
On market date
August 13, 2025
Stories
3
Total bathrooms
4.5
Garage spaces
N/A
Parking spaces
2
Lot size
0.1 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Claiborne Pell Elementary
1.23 mi away · Grades -1-4
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
744
Student:teacher ratio
10.9:1
District
Newport
Middle
Frank E. Thompson Middle
0.21 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
565
Student:teacher ratio
9.7:1
District
Newport
High
Rogers High School
1.68 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
639
Student:teacher ratio
11.4:1
District
Newport

Walkability

Blended score for Newport's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

84
Highly walkable
out of 100
EPA National Walkability Index
14.7 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores8
Parks20
Schools10
Transit stops20
Pharmacies2

Market position

How this listing compares to current activity in Newport, from live MLS data.

On the market 411 days -- 332 more days than Newport's current average of 79 days.
For reference, the median list price across 730 active listings in Newport right now is $5,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$10,990/mo
$360,000 down
$1,440,000 loan
Principal & interest$9,340
Property tax (est.)$1,500
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 2 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.