Multi Family at 4 Dresser Street, Newport
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30 photos

$1,150,000

4 Dresser Street
Newport, RI 02840
Listed by The Chad Kritzas Team
Bedrooms
5
Bathrooms
3.5
Living area
N/A
Year built
1900

About this home

PRICED TO SELL! THIS PROPERTY IS BEING SOLD AS-IS. Two-family with unlimited potential -steps from the iconic Cliff Walk and minutes from shopping, dining and neighborhood amenities. Solid bones, new gas heating system in 2024 as well as new unit 2 appliances and flexible layout offer endless possibilities for owner-occupiers, investors, or someone ready to update and unlock significant value. Each unit features bright, airy rooms and classic architectural details waiting to be refreshed. RARE off-street parking, a private deck/yard, and proximity to waterfront/beach complete the package. Bring your vision and tools - this property is poised for transformation into a standout coastal residence or high-return investment in one of the area's most desirable locations.

Property details

MLS #
1413793
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
101
On market date
May 29, 2026
Stories
3
Total bathrooms
3.5
Garage spaces
N/A
Parking spaces
2
Lot size
0.08 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
Aquidneck School
1.48 mi away · Grades -1-3
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
308
Student:teacher ratio
12.8:1
District
Middletown
Middle
Frank E. Thompson Middle
0.85 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
1.36 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).

92
Highly walkable
out of 100
EPA National Walkability Index
17.2 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores10
Parks20
Schools11
Transit stops20
Pharmacies2

Market position

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

On the market 101 days -- 22 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
$7,075/mo
$230,000 down
$920,000 loan
Principal & interest$5,967
Property tax (est.)$958
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 23 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.