13 Tilley Avenue Newport

$899,000
4 3 3,751 sq ft

The Property

Welcome to 13 Tilley Ave, Newport, RI, a rare opportunity for first-time homebuyers to own a renovated 2-family property while generating rental income to help offset your mortgage. This well-maintained property features two townhouse-style apartments, each with private entrances, separate utilities, separate driveways, and private basements, offering privacy and flexibility for both owners and tenants. Recent updates include modern kitchens and bathrooms, new 200 amp electrical with electric heating and cooling systems, and thoughtful renovations throughout, making this a true move-in-ready investment. Additional features include a 2-car garage, backyard, and ample off-street parking.

Whether you’re looking to live in one unit and rent the other, build long-term wealth through real estate, or explore future condo conversion potential, this property offers exceptional value and proximity.

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Listing Details

MLS Number

1413710

Lot Size:

0.11 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished
  • Heating: Electric
  • Heating Fuel: Electric
  • Garage: 1
  • Year Built: 1942

Market Trends for Single Family Homes
in Newport

  • Overview
    Homes for Sale Today91-91.8% decrease in inventory
    New on Market *5223.8% increase in new listings
    Avg. Asking Price/Sq.Ft. *$758.37$8 increase in List Price/Sq.Ft.
    Avg. Sale Price *$1,128,757$165,785 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *98.61%1.5% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$791.32$112 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *5515 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Serhant New England

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