Multi Family at 440 Broadway, Newport
Multi Family at 440 Broadway, Newport, photo 2 of 26
Multi Family at 440 Broadway, Newport, photo 3 of 26
Multi Family at 440 Broadway, Newport, photo 4 of 26
Multi Family at 440 Broadway, Newport, photo 5 of 26
Multi Family at 440 Broadway, Newport, photo 6 of 26
Multi Family at 440 Broadway, Newport, photo 7 of 26
Multi Family at 440 Broadway, Newport, photo 8 of 26
Multi Family at 440 Broadway, Newport, photo 9 of 26
Multi Family at 440 Broadway, Newport, photo 10 of 26
Multi Family at 440 Broadway, Newport, photo 11 of 26
Multi Family at 440 Broadway, Newport, photo 12 of 26
Multi Family at 440 Broadway, Newport, photo 13 of 26
Multi Family at 440 Broadway, Newport, photo 14 of 26
Multi Family at 440 Broadway, Newport, photo 15 of 26
Multi Family at 440 Broadway, Newport, photo 16 of 26
Multi Family at 440 Broadway, Newport, photo 17 of 26
Multi Family at 440 Broadway, Newport, photo 18 of 26
Multi Family at 440 Broadway, Newport, photo 19 of 26
Multi Family at 440 Broadway, Newport, photo 20 of 26
Multi Family at 440 Broadway, Newport, photo 21 of 26
Multi Family at 440 Broadway, Newport, photo 22 of 26
Multi Family at 440 Broadway, Newport, photo 23 of 26
Multi Family at 440 Broadway, Newport, photo 24 of 26
Multi Family at 440 Broadway, Newport, photo 25 of 26
Multi Family at 440 Broadway, Newport, photo 26 of 26
26 photos

$1,175,000

440 Broadway
Newport, RI 02840
Listed by Stefanie Carr
Bedrooms
2
Bathrooms
1.5
Living area
N/A
Year built
1935

About this home

Rare mixed-use opportunity in the heart of Newport’s vibrant Broadway district. Prominently positioned on a highly visible corner lot, 440 Broadway offers a versatile combination of commercial and residential space in one of the city’s most desirable and walkable neighborhoods. The first-floor professional office space will be available this fall, offering an ideal opportunity for a business owner to establish a presence in this thriving commercial corridor while benefiting from residential income above. The second-floor unit features two bedrooms and one bath with hardwood floors, high ceilings, abundant natural light, and a private deck. Additional features include a detached two-car garage, two additional off-street parking spaces, private yard, full basement, and walk-up attic. Ideal for an investor, business owner, or owner-occupant, the property also offers potential for conversion back to a single-family residence, subject to applicable approvals. A unique and flexible opportunity in the heart of Newport. Whether added to an existing portfolio or acquired as a strategic owner-user investment, 440 Broadway presents an incredible opportunity to own a versatile mixed-use asset in one of Newport's most established commercial corridors.

Property details

MLS #
1423457
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
September 20, 2026
Stories
2
Total bathrooms
1.5
Garage spaces
2
Parking spaces
4
Lot size
0.115 acres
Loading map…

Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Claiborne Pell Elementary
0.49 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
0.72 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
1.49 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: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

83
Highly walkable
out of 100
EPA National Walkability Index
14.2 / 20 -- Above average walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores5
Parks20
Schools10
Transit stops20
Pharmacies4

Market position

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

On the market 0 days -- 82 fewer days than Newport's current average of 82 days.
For reference, the median list price across 669 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
$7,226/mo
$235,000 down
$940,000 loan
Principal & interest$6,097
Property tax (est.)$979
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 4 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.