Discover an exceptional investment opportunity in the heart of Newport, Rhode Island! This versatile two-unit multi-family property offers a blend of historic charm and modern convenience. Each spacious unit features well-appointed living areas, ensuring comfort and style. A detached finished converted garage provides additional space, perfect for a home office, art studio, dance studio or whatever purpose your heart can imagine! Highly rare and desirable, there is driveway parking in front and back of the home, as well as ample off-street parking that accommodates multiple vehicles. Situated just moments from Newport's renowned attractions, including picturesque beaches, world-class sailing, and an array of dining and shopping options, this property is ideally located for both residents and visitors. Whether you're seeking a lucrative rental investment or a charming owner-occupied residence with supplemental income potential, this property delivers on all fronts. Don't miss your chance to own a piece of Newport's rich heritage while enjoying modern amenities and unparalleled access to all the city has to offer.
For sale
$999,999
33 Almy St, Newport, RI 02840
5beds
2,009sqft
Est.:
Multi Family
Built in 1935
-- sqft lot
$953,600 Zestimate®
$498/sqft
$-- HOA
What's special
Ample off-street parkingModern convenienceHistoric charmSpacious unit
- 15 days
- on Zillow |
- 1,596 |
- 64 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 21, 2025 at 09:36pm
Listed by:
Bethany Cox 401-921-5011,
HomeSmart Professionals
Source: StateWide MLS RI,MLS#: 1381995

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Gas Connected
Cooling
- None, Wall Unit(s)
Appliances
- Included: Gas Water Heater
Features
- Flooring: Ceramic Tile, Hardwood, Laminate
- Basement: Partial,Interior Entry,Partially Finished,Laundry,Storage Space,Utility
- Has fireplace: No
Interior area
- Total structure area: 2,009
- Total interior livable area: 2,009 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: No Garage
Lot
- Size: 3,920.4 Square Feet
Details
- Parcel number: NEWPM006B0361
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Other Siding
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Newport
Financial & listing details
- Price per square foot: $498/sqft
- Tax assessed value: $552,200
- Annual tax amount: $4,539
- Date on market: 4/11/2025
- Total actual rent: 5800
- Tenant pays: Heat
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