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Real Estate
No photos available for this listing

$1,400,000

5 Elliot Place
Newport, RI 02840
Listed by Alexander Fraioli
Bedrooms
8
Bathrooms
3
Living area
N/A
Year built
1870

About this home

Just off upper Broadway, this home features 3 units, two spacious 3-bedroom apartments and an updated 2-bedroom apartment, all featuring modern upgrades. Recent renovations include a roof, siding, windows, electrical, plumbing, and heating systems. 5 off-street parking spaces, EV charger, a 2-car garage, deck and garden area. Strong rental history, within close proximity to Broadway's restaurants and shops, the U.S. Naval War College, and convenient highway access. A great turnkey property for investors or owner-occupants.

Property details

MLS #
1412185
Property type
Apartment,Multi Family
Subdivision
Broadway
Status
Active
Days on market
31
On market date
N/A
Stories
3
Garage spaces
2
Lot size
0.12 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Claiborne Pell Elementary
0.37 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
0.89 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
1.31 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

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 June 28, 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.