About This Home

This 2-bedroom, 2-bathroom residential multi family at 440 Broadway in Newport, RI is listed for $1,175,000 ($543 per sqft). Built in 1935, the home offers 2,164 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 1935
  • 0.12 acre lot
  • 2 stories
  • 4 parking spaces

Property Details

2 stories
1 full, 1 half
2-car garage
1935

Amenities

Hardwood
Listing Description

Rare mixed-use opportunity in the heart of Newport's vibrant Broadway district. Prominently positioned on a highly visible corner lot, 440 Broadway offers a versatile combination of commercial and residential space in one of the city's most desirable and walkable neighborhoods.

The first-floor professional office space will be available this fall, offering an ideal opportunity for a business owner to establish a presence in this thriving commercial corridor while benefiting from residential income above. The second-floor unit features two bedrooms and one bath with hardwood floors, high ceilings, abundant natural light, and a private deck.

Additional features include a detached two-car garage, two additional off-street parking spaces, private yard, full basement, and walk-up attic. Ideal for an investor, business owner, or owner-occupant, the property also offers potential for conversion back to a single-family residence, subject to applicable approvals.

A unique and flexible opportunity in the heart of Newport. Whether added to an existing portfolio or acquired as a strategic owner-user investment, 440 Broadway presents an incredible opportunity to own a versatile mixed-use asset in one of Newport's most established commercial corridors.

Monthly Cost Estimate

$6,284/mo

20% down · 6.5% · 30 years

Principal$850
Interest$5,092
Insurance$343

Estimates only. Actual payments may vary.

Location

440 Broadway

Newport, RI 02840

Features & Amenities

Interior Features

AtticAttic StairsAttic StorageStairs

Property Details

Flooring

CarpetTile - CeramicHardwood

Construction

Clapboard

Heating

RadiantOil

Questions & Answers

This 2-bedroom, 2-bathroom residential multi family at 440 Broadway is listed at $1,175,000 ($543/sqft). The estimated monthly payment is $6,284 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1935, 0.12 acre lot, 2 stories, 4 parking spaces. Interior Features: Attic, Attic Stairs, Attic Storage.

This property is listed by Stefanie Carr.

SC

Stefanie Carr

Agent at Compass Massachusetts, LLC

Listed by Compass Massachusetts, LLC · Broker phone: (617) 206-3333 · View on Broker Site · Broker website

MLS# 1423457· Source: State Wide MLS of Rhode Island, Inc.· 36 days on PropertySimple

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

440 Broadway, Newport, RI 02840

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