Opportunity knocks in Newport! This classic Victorian three-family with a welcoming covered porch is just minutes to the beach, Vernon Park, and Broadway shops. Two spacious 3-bed/1-bath units and one 2-bed/1-bath unit offer excellent flexibility for contractors, long-term investors, or an owner-occupant who is building equity and income. You can live on site while making updates to the upper floors to bring top market rents. High ceilings, hardwoods, eat-in kitchens, and vintage baths with clawfoot tubs add character. Separate heat and electric with one water line keep utilities practical. All units enjoy access to the nice shaded fenced yard with patio and plantings that create a relaxing setting. At the end of the street, a path leads directly to Vernon Park with tennis and pickleball courts, as well as playing fields Bring your vision—this property delivers strong potential in a prime coastal location. Being sold As-Is.
Sold for $912,500 on 12/02/25
$912,500
7 Caswell Ave, Newport, RI 02840
8beds
2,934sqft
Multi Family
Built in 1920
-- sqft lot
$953,300 Zestimate®
$311/sqft
$2,469 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 03, 2025 at 11:16am
Listed by:
Holly McLear 401-855-0485,
Hogan Associates Christie's
Bought with:
Alexander Fraioli, RES.0040250
Edge Realty RI
Source: StateWide MLS RI,MLS#: 1395980
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Tub
Heating
- Oil, Baseboard
Cooling
- None
Appliances
- Included: Electric Water Heater, Dryer, Range Hood, Oven/Range, Refrigerator, Washer
- Laundry: Common Area, In Building
Features
- Wall (Plaster), Stairs, Plumbing (Mixed), Insulation (Unknown), Ceiling Fan(s)
- Flooring: Hardwood, Laminate
- Basement: Full,Bulkhead,Unfinished,Laundry,Utility
- Has fireplace: No
Interior area
- Total structure area: 2,934
- Total interior livable area: 2,934 sqft
Property
Parking
- Parking features: No Garage
Features
- Stories: 3
- Patio & porch: Porch
- Fencing: Fenced
Lot
- Size: 4,791 sqft
Details
- Parcel number: NEWPM006B0139
- Zoning: R10
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Plaster, Vinyl Siding
- Foundation: Stone
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: 100 Amp Service
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Hospital, Public School, Near Shopping, Near Swimming, Tennis
Location
- Region: Newport
- Subdivision: Bliss
HOA & financial
HOA
- Has HOA: No
Other financial information
- Total actual rent: 0
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$953,300
2% more+$19,066
With Zillow Showcase(estimated)$972,366