OFF MARKET

Off Market May 2025 for $1.7M

$1,581,582

•

1,628

sq ft

11 Merton Rd, Newport, RI 02840

About this home

Welcome to 11 Merton Road, a rare investment opportunity located in the historic heart of Newport. This legal Airbnb-approved short-term rental property features two fully registered units, offering a chance for investors or buyers seeking a second home with substantial income potential. Ideally situated to capitalize on Newport's thriving tourism market, this property provides both versatility and undeniable charm. The residence is divided into two distinct 2-bedroom, 1-bath units. The upper-level unit boasts a spacious, open layout with central air conditioning, plus access to a generous private deck perfect for relaxation or entertaining. The first-floor unit offers modern upgrades and cozy living spaces. Both units benefit from updated heating and cooling systems for year-round comfort, along with new composite siding for a low-maintenance exterior. Additional highlights include off-street parking and a private outdoor space for residents to enjoy. The property's unbeatable location is just steps from the Tennis Hall of Fame, the elegant shops and dining along Bellevue Avenue, and a short stroll to the stunning Cliff Walk, beaches, and the Newport waterfront. With its prime location, the property is poised to attract consistent rental demand. Don't miss this exceptional chance to own a versatile, income-generating property that combines steady revenue.

Multi-familyProperty Type

1900Year Built

2,051 sq ftLot Size

$971Est. Price/Sq.Ft.

1 spaceParking

Listed by Kevan Campbell • Hogan Associates Christie's

Contact: 401-556-9563

Bought with Brian Burke • Coldwell Banker Realty

Redfin checked: a minute ago

•Source:RIS #1384067

Redfin Estimate

$1,581,582

$118K since sold in May 2025$68K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 55.5% higher than the average sale price ($1.02M) of 5 comparable homes.

SOLD JUN 15, 2026
$1,750,000
A
3 beds2.5 baths1,953 sq ft
71 Pope St, Newport, RI 02840
SOLD JUL 16, 2026
$650,000
B
3 beds2 baths1,795 sq ft
8 Mann Ave, Newport, RI 02840
SOLD OCT 31, 2025
$995,000
C
4 beds2 baths1,649 sq ft
3 Sharon Ct, Newport, RI 02840
SOLD JAN 9, 2026
$590,000
D
3 beds1.5 baths1,134 sq ft
50 East Bowery St, Newport, RI 02840
SOLD JUL 15, 2026
$1,100,000
E
4 beds2 baths1,331 sq ft
629 Thames St, Newport, RI 02840

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$159,714

Est. take-home

List your home with Redfin and save $15,816

Market trends in 02840, RI

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.0%

+0.4% MoM

Median sale price

$969K

$37K MoM

Avg. days on market

36d

1 days MoM

Recently sold homes

4 MoM

New listings for sale

OPEN SUN, 11AM TO 12:30PM
$1,475,000
3 beds2.5 baths1,743 sq ft
72 Third St, Newport, RI 02840
OPEN SAT, 10AM TO 11:30AM
$1,299,000
6 beds4 baths2,596 sq ft
31 Prescott Hall Rd, Newport, RI 02840
EARLY ACCESS
$4,950,000
4 beds4 baths3,529 sq ft
119 Spring St, Newport, RI 02840
NEW 20 HRS AGO
$1,200,000
4 beds2 baths1,305 sq ft
31 Slocum St, Newport, RI 02840
OPEN SAT, 10AM TO 11:30AM
$1,050,000
2 beds1 bath1,200 sq ft
453 Bellevue Ave Unit CH, Newport, RI 02840
OPEN SAT, 10AM TO 11:30AM
$624,900
3 beds1.5 baths1,175 sq ft
19 Princeton St, Newport, RI 02840
OPEN SAT, 10AM TO 11:30AM
$584,900
3 beds1 bath1,175 sq ft
21 Princeton St, Newport, RI 02840
OPEN SAT, 10AM TO 11:30AM
$950,000
2 beds2 baths1,474 sq ft
426 Spring St Unit B101, Newport, RI 02840
$950,000
2 beds1 bath934 sq ft
12 Mount Vernon St #4, Newport, RI 02840
$1,275,000
2 beds2 baths1,129 sq ft
1314 Capella South #1314, Newport, RI 02840
See all

Provided by Redfin

Sale history for 11 Merton Rd

Date

Event

Price

RIS #1384067

May 20, 2025

Sold

$1,700,000

$1,044/sq ft

May 13, 2025

Pending

—

May 3, 2025

Listed

$1,600,000

$983/sq ft

RIS #318820

Sep 20, 2019

Price Changed

$317,000

$195/sq ft

Feb 18, 2004

Sold

$305,000

$187/sq ft

Jan 27, 2004

Listing Removed

—

Nov 17, 2003

Listed

$334,000

$205/sq ft

RIS #1010209

Dec 19, 2013

Price Changed

$274,900

$169/sq ft

Aug 11, 2012

Listing Removed

—

Feb 11, 2012

Listed

$299,000

$184/sq ft

RIS #965540

Dec 19, 2013

Price Changed

$280,000

$172/sq ft

Jul 31, 2011

Listing Removed

—

Apr 29, 2010

Listed

$330,000

$203/sq ft

RIS #1035733

May 6, 2013

Sold

$266,000

$163/sq ft

Mar 26, 2013

Listing Removed

—

Mar 14, 2013

Listed

$279,900

$172/sq ft

RIS #999098

Oct 31, 2011

Listing Removed

—

Aug 10, 2011

Listed

$299,900

$184/sq ft

RIS #219114

Apr 15, 2003

Sold

$230,000

$141/sq ft

Mar 21, 2003

Listing Removed

—

Dec 23, 2002

Listed

$249,000

$153/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$5,899 (+5.7%)

$340,200 + $338,700

$678,900

2024

$5,581 (+27.5%)

$340,200 + $338,700

$678,900

2023

$4,376 (+6.0%)

$222,400 + $218,700

$441,100

2022

$4,127 (+3.0%)

$222,400 + $207,000

$429,400

2021

$4,006 (+9.2%)

$222,400 + $207,000

$429,400

2020

$3,669

$217,100 + $139,800

$356,900

2019

$3,669 (+2.9%)

$217,100 + $139,800

$356,900

2018

$3,565 (+19.2%)

$217,100 + $139,800

$356,900

2017

$2,990 (+2.6%)

$155,300 + $111,400

$266,700

2016

$2,915 (+2.4%)

$155,300 + $111,400

$266,700

2015

$2,846 (−0.5%)

$155,300 + $111,400

$266,700

2014

$2,861 (+3.0%)

$132,000 + $105,200

$237,200

2013

$2,778 (+3.1%)

$132,000 + $105,200

$237,200

2012

$2,695

$132,000 + $105,200

$237,200

Tax history for 11 Merton Rd

Year

Property tax

Land + Additions

Assessment*

2025

$5,899 (+5.7%)

$340,200 + $338,700

$678,900

2024

$5,581 (+27.5%)

$340,200 + $338,700

$678,900

2023

$4,376 (+6.0%)

$222,400 + $218,700

$441,100

2022

$4,127 (+3.0%)

$222,400 + $207,000

$429,400

2021

$4,006 (+9.2%)

$222,400 + $207,000

$429,400

2020

$3,669

$217,100 + $139,800

$356,900

2019

$3,669 (+2.9%)

$217,100 + $139,800

$356,900

2018

$3,565 (+19.2%)

$217,100 + $139,800

$356,900

2017

$2,990 (+2.6%)

$155,300 + $111,400

$266,700

2016

$2,915 (+2.4%)

$155,300 + $111,400

$266,700

2015

$2,846 (−0.5%)

$155,300 + $111,400

$266,700

2014

$2,861 (+3.0%)

$132,000 + $105,200

$237,200

2013

$2,778 (+3.1%)

$132,000 + $105,200

$237,200

2012

$2,695

$132,000 + $105,200

$237,200

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

2,178 Sq. Ft.

Year renovated

1987

Sq. Ft.

1,628

Year built

1900

Style

Multi-Family (2-4 Unit)

County

Newport County

APN

95168

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 22, 2026.

Sep 7, 2023 • Final

Plumbing

Perform rough and final plumbing for a kitchen sink replacement.

Kitchen

Plumbing

Mar 30, 2023 • Final

Mechanical

Install a new furnace with an air conditioning system to service the second floor of a residential building.

HVAC

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking
Features: No Garage
# of Parking (Total): 1

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 2

Room Information
# of Rooms (Total): 9
Has Basement
Basement Information: Full, Unfinished

Laundry Information
Features: Common Area

Equipment
Appliances: Dryer, Dishwasher, Electric Water Heater, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer

Interior Features
Furnished
Flooring: Ceramic Tile, Hardwood
Other Features: Furnished

Multi Unit Information
# Of Units Total: 2
# Of Buildings: 1

Multi Unit Financial Information
Operating Expense: $14,000

Exterior

Building Information
Stories (Total): 2
Construction Details: Clapboard

Lot Information
Lot Size Area: 2,051
Lot Size Acres: 0.0471
Waterfront Features: Walk to Water
Zoning: GB

Property Information
Above Grade Finished Area: 1,628

Financial

Assessments and Fees
Assessed Value: $678,900

Tax Information
Annual Tax Amount: $5,581.24
Tax Year: 2024

Utilities

Utility Information
Utilities: Sewer Connected
Sewer: Connected, Public Sewer
Water Source: Connected, Public

Heating & Cooling
Has Cooling
Cooling: Central Air, Window Unit(s)
Has Heating
Heating: Central, Gas, Hot Water

Location

HOA Information
Association Fee: $8.22
Monthly

Community Information
Community Features: Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 1,628
Stories: 2.0
Lot Size: 2,178 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: 1987
County: Newport County
APN: 95168

Home facts updated by county records on Jun 22, 2026

Around this home

Schools

Frank E. Thompson Middle School

Public 5-8 • Assigned • 0.7mi

3/10

Rogers High School

Public 9-12 • Assigned • 1.3mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

6/10 Flood Factor

Estimated 68-76% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 90° expected this year, 17 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

2/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Newport, RI • 02840

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9 hours in June and 4.6 hours in December, which is comparable to the U.S. average for solar exposure.

9 hrs

4.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.50M – $1.82M

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NEW 20 HRS AGO

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Home values near 11 Merton Rd

Data from public records.

Address	Redfin Estimate
26 Merton Road #3, Newport, RI 2 Beds \| 1 Baths \| 754 Sq. Ft.	$521,509
26 Merton Road #1, Newport, RI 2 Beds \| 1 Baths \| 1394 Sq. Ft.	$716,171

Address	Redfin Estimate
4 Merton Road, Newport, RI 3 Beds \| 2 Baths \| 1530 Sq. Ft.	$869,412
26 Merton Road #2, Newport, RI 3 Beds \| 1 Baths \| 1362 Sq. Ft.	$691,685

Address	Redfin Estimate
25 Merton Road, Newport, RI 3 Beds \| 2 Baths \| 1584 Sq. Ft.	$997,559
24 Merton Road #2, Newport, RI 3 Beds \| 1 Baths \| 1200 Sq. Ft.	$593,290

Property information provided by RIS when last listed in 2025. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 02840, RI

Sale history for 11 Merton Rd

Tax history for 11 Merton Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 02840

Home values near 11 Merton Rd

More real estate resources