$1,295,000
Under contractAbout this home
Exceptional investment opportunity featuring two separate buildings on the same lot with a total of eight well-maintained units in a desirable and private location. Built in 2009, each building offers four spacious two-bedroom, one-bath apartments, including two handicap-accessible units with walk-in showers, ground-level access, and convenient floor plans. Each unit also features its own dedicated laundry area, a sought-after amenity for tenants. The single-site layout provides added convenience for ownership and management while maintaining an attractive setting for tenants. This property has an excellent rental history and has been meticulously maintained throughout ownership. Tenants appreciate the peaceful setting, private rear porches, ample paved parking, and the overall quality of the property. Each unit is separately metered with its own electrical panel, providing efficiency and ease of management. Designed with long-term ownership in mind, the buildings feature vinyl siding, sprinkler systems, quality insulation, and clean, dry basements that provide valuable space. The modern construction and low-maintenance design make this an attractive addition to any investment portfolio. The location offers the privacy renters are searching for while remaining convenient to local amenities. With strong rental demand, excellent condition, and pride of ownership evident throughout, this is a rare opportunity to acquire a turnkey multi-family investment.
Property details
- MLS
- Prime MLS
- MLS #
- 5094450
- Property type
- Residential Income
- Subdivision
- N/A
- Status
- Under contract
- Days on market
- 34
- On market date
- N/A
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 1.35 acres
Location
Get directions →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.
- Enrollment
- 351
- Student:teacher ratio
- 10.6:1
- District
- Newport School District
- Enrollment
- 205
- Student:teacher ratio
- 10.3:1
- District
- Newport School District
- Enrollment
- 295
- Student:teacher ratio
- 10.5:1
- District
- Newport School District
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).
Market position
How this listing compares to current activity in Newport, from live MLS data.
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Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 07/16/26.