17 Dearborn Street Newport

$855,000
4 2 1,600 sq ft

The Property

Presenting 17 Dearborn Street, The Owen Greelish House. Located just three doors from Thames Street, 17 Dearborn puts you in the center of Newport’s vibrant waterfront district steps from world-class dining, boutique shopping, nightlife, and the harbor. This is a rare opportunity to own in one of the most walkable and high-demand locations in town. Currently configured as a two-unit multi-family home, the property offers flexibility for a wide range of buyers.

Whether you’re an investor looking for strong rental income, a second-home buyer seeking a base in the heart of downtown, or a homeowner interested in converting to a single-family residence or condominiums, the potential here is exceptional. The first-floor unit features two bedrooms and one full bath. The upper townhouse-style unit offers additional living space across two floors, with the option to dormer the third level to create a larger footprint. Each unit has separate utilities and its own laundry, and the private, shaded backyard provides a peaceful retreat in this downtown setting. In a market where location drives value, 17 Dearborn delivers on every level; proximity, potential, and upside. Opportunities like this in downtown Newport are few and far between.

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Listing Details

MLS Number

1390943

Lot Size:

0.08 acres

Features

  • Basement: Full, Bulkhead, Unfinished, Storage Space
  • Highway Access
  • Hospital
  • Interstate
  • Private School
  • Public School
  • Restaurants
  • Shopping
  • Near Swimming
  • Tennis
  • Heating: Oil, Baseboard
  • Heating Fuel: Oil, Baseboard
  • Laundry
  • Year Built: 1852
  • Water Amenities: Walk to Salt Water

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Market Trends for Single Family Homes
in Newport

  • Overview
    Homes for Sale Today78-93% decrease in inventory
    New on Market *15-42.3% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$531.99$199 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,383,742$928,925 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *96.24%2.9% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$769.85$109 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *781 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.

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