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$1,400,000

74 Third Street
Newport, RI 02840
Listed by Marisa Ferris
Bedrooms
6
Bathrooms
4
Living area
2,313 sqft
Year built
1900

About this home

Charming Historic Point Residence with Flexible Layout & Converted Barn/Guest House Nestled in Newport’s coveted Historic Point neighborhood, this distinctive property offers a rare blend of historic charm and modern versatility. Currently configured as a multi-unit, it can easily be converted back to a single-family home with a converted barn — perfect as a private guest house, creative studio, or home office. The main residence features 5 bedrooms and 3 full baths across three spacious levels, filled with natural light and period details. Whether you envision a flowing open-concept layout or private quarters for family and guests, the home’s structure offers seamless adaptability. The three-level studio space adds even more possibilities: a cozy guest suite, artist loft, wellness space, or remote work haven — all with its own entrance, 1 bedroom, 1 full bath, kitchenette and stylish open floor plan. Enjoy the tranquil perennial gardens, an easy-care courtyard, and 1 off-street parking space — all just steps to the Newport waterfront, Shipyard, and downtown shopping and dining. With quick access to the Newport Bridge, this is an ideal location for commuters or second-home owners. A truly special opportunity to create your dream home in one of Newport’s most charming and walkable neighborhood.

Property details

MLS
Rhode Island Association of REALTORS
MLS #
1388713
Property type
Single Family Residence
Subdivision
Historic Point
Status
Active
Days on market
270
On market date
July 6, 2025
Stories
N/A
Total bathrooms
4
Garage spaces
N/A
Parking spaces
2
Lot size
0.0517 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.

Elementary
Claiborne Pell Elementary
1.08 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
0.56 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
Newport Area Career Tech Ctr
1.98 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
Not yet rated
Local Score not yet available for this school
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).

88
Highly walkable
out of 100
EPA National Walkability Index
15.8 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores6
Parks20
Schools5
Transit stops20
Pharmacies5

Market position

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

On the market 270 days -- 195 more days than Newport's current average of 75 days.
For reference, the median list price across 824 active listings in Newport right now is $5,000.

Mortgage calculator

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Est. monthly payment
$8,581/mo
$280,000 down
$1,120,000 loan
Principal & interest$7,264
Property tax (est.)$1,167
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated April 3, 2026.

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.