Single Family Residence at 54 Homer Street, Newport
1 photo

$399,000

54 Homer Street
Newport, RI 02840
Listed by Kyle Seyboth
Bedrooms
4
Bathrooms
1
Living area
1,472 sqft
Year built
1958

About this home

Investor Opportunity in Newport! This 4-bedroom, 1-bath home offers approximately 1,472 sq ft of living space on a 0.39-acre lot. The property offers a manageable footprint and plenty of potential for an investor looking for their next fix-and-flip, rental renovation, or value-add project. The generous lot and established structure provide a strong foundation for cosmetic updates and modernization. Located at 54 Homer Street, enjoy the convenient Newport location with easy access to Middletown, Portsmouth, and the surrounding Aquidneck Island communities. A great opportunity to renovate and reposition a single-family home on a spacious lot. This is the perfect project for an investor seeking a money making opportunity or a homeowner to build strong equity. PROPERTY SOLD AS-IS. CASH OR HARD MONEY ONLY.

Property details

MLS #
1425274
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
October 6, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
N/A
Parking spaces
2
Lot size
0.39 acres
Loading map…

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
0.6 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
0.77 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
Middletown High School
1.74 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
620
Student:teacher ratio
11.9:1
District
Middletown

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).

86
Highly walkable
out of 100
EPA National Walkability Index
15.8 / 20 -- Most walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores3
Parks20
Schools11
Transit stops20
Pharmacies7

Market position

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

On the market 0 days -- 78 fewer days than Newport's current average of 78 days.
For reference, the median list price across 763 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.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$2,553/mo
$79,800 down
$319,200 loan
Principal & interest$2,070
Property tax (est.)$333
Home insurance (est.)$150

Similar homes you might like

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.