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Multi Family at 17 Dearborn Street, Newport
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43 photos

$1,495,000

17 Dearborn Street
Newport, RI 02840
Listed by Lea Savas
Bedrooms
4
Bathrooms
2
Living area
N/A
Year built
1852

About this home

Perfectly positioned just steps from Thames Street, 17 Dearborn offers an exceptional opportunity to own in the heart of Newport's coveted Yachting Village. Moments from renowned restaurants, boutique shopping, the harbor, and the city's vibrant cultural scene, this property embodies the very best of downtown living. Recently renovated, this two-family residence offers both immediate appeal and remarkable versatility. Ideal as an investment property, an elegant in-town retreat, or a future single-family residence, the home presents a rare combination of flexibility and enduring value. The first-floor residence features two bedrooms and one full bath, while the upper townhouse-style residence spans two levels, offering generous living space with the potential to expand by dormering the third level. Each unit is independently metered and includes its own private laundry. A rare luxury in downtown Newport, the property boasts an expansive, private backyard, an inviting setting for outdoor entertaining. Parking for scooters and golf carts adds to the home's exceptional convenience, making it easy to enjoy Newport's celebrated waterfront lifestyle. Offering an unrivaled location, thoughtful renovations, and exceptional future potential, 17 Dearborn represents a truly rare opportunity in one of Newport's most desirable and enduring neighborhoods. Please note select photos have been virtually staged. All kitchen appliances to be installed within 2 weeks.

Property details

MLS #
1418481
Property type
Multi Family
Subdivision
Yachting Village
Status
Active
Days on market
25
On market date
July 22, 2026
Stories
3
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.08 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Aquidneck School
2.07 mi away · Grades -1-3
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
308
Student:teacher ratio
12.8:1
District
Middletown
Middle
Frank E. Thompson Middle
0.9 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
0.83 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

Mortgage calculator

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Est. monthly payment
$9,153/mo
$299,000 down
$1,196,000 loan
Principal & interest$7,757
Property tax (est.)$1,246
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 10 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.