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113 - 115 Spring Street Newport

$1,385,000
2 1.5 1,994 sq ft

The Property

Prime mixed-use property in the heart of Newport, RI, offering exceptional residential and commercial potential on lively Spring Street. Just steps from Thames Street’s world-class restaurants, boutiques, and historic attractions, this property features a cozy 2-bedroom, 1-bath top-floor apartment with functional living spaces that provide a warm and welcoming retreat, plus a versatile first-floor commercial space, currently a locksmith shop with a half bath. A rare private backyard offers a serene escape, perfect for relaxing or entertaining. Bring your ideas—this property is full of possibilities and could be tailored to suit your vision.

With a little updating, this gem can truly shine. Don’t miss this unique opportunity to own a property that combines comfort, commercial flexibility, and an unbeatable location. Schedule a showing today!

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Listing Details

MLS Number

1374178

Lot Size:

0.07 acres

Features

  • Basement: Crawl Space
  • Fireplace: Gas
  • Heating: Natural Gas, Forced Air, Gas Connected
  • Heating Fuel: Natural Gas, Forced Air, Gas Connected
  • Garage: 1
  • Type: Colonial
  • Year Built: 1900

Market Trends for Single Family Homes
in Newport

  • Overview
    Homes for Sale Today34-95.6% decrease in inventory
    New on Market *8-52.9% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$753.34$54 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,453,667$277,167 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *93.39%-1.7% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$672.96$6 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *9832 increase 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 Revolv Real Estate

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