Single Family Residence at 1 Russell Avenue, Newport
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$719,000

1 Russell Avenue
Newport, RI 02840
Listed by The Dowd Team
Bedrooms
3
Bathrooms
1.5
Living area
1,182 sqft
Year built
1900

About this home

Welcome to this adorable Newport cottage, brimming with character and charm! This inviting 3-bedroom home features a comfortable living room, dining room, and eat-in kitchen, along with replacement windows and a brand-new roof. Outside, enjoy a cozy front porch, cute backyard, and the convenience of off-street parking with a one-car garage. The large unfinished basement offers excellent storage potential and room for future possibilities. Ideally located just minutes from downtown Newport and close to the Naval Station, this home offers a fantastic opportunity to enjoy all that Newport has to offer. Some updates are needed, but with its charming character, desirable location, and solid features, this cottage is well worth a look!

Property details

MLS #
1425389
Property type
Single Family Residence
Subdivision
North End/Malbone
Status
Active
Days on market
N/A
On market date
October 8, 2026
Stories
N/A
Total bathrooms
1.5
Garage spaces
1
Parking spaces
5
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.

Elementary
Claiborne Pell Elementary
0.47 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
1.56 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).

85
Highly walkable
out of 100
EPA National Walkability Index
15.5 / 20 -- Most walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores3
Parks20
Schools10
Transit stops20
Pharmacies8

Market position

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

On the market 0 days -- 77 fewer days than Newport's current average of 77 days.
For reference, the median list price across 787 active listings in Newport right now is $4,975.

Mortgage calculator

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

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Est. monthly payment
$4,480/mo
$143,800 down
$575,200 loan
Principal & interest$3,731
Property tax (est.)$599
Home insurance (est.)$150

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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.