This home's estimate is 17.5% higher than the average sale price ($2.20M) of 6 comparable homes.
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130 132 Spring St, Newport, RI 02840
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About this home
130-132 Spring St is a classic historic Newport building in the heart of downtown with two 1st floor retail spaces combined and 4 residential apartments upstairs. The building is fully occupied and has 5 parking space. Use is versatile since it is located in a general business zone. Kitchens and baths have been updated, the building exterior was just painted in August 2024. Two of the units are turnkey with furnishings too. Strong rental history and also a solid candidate for a condo conversion. Steps away from all the bustling activity.
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Market trends in 02840, RI
Last updated August 2026
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Sale and tax history for 130 132 Spring St
- Sale History
- Tax History
$302/sq ft
$324/sq ft
$348/sq ft
$155/sq ft
Public record
Property details
Parking
- Parking
- Features: No Garage
- # of Parking (Total): 10
Interior
- Virtual Tour
- Bathroom Information
- # of Full Bathrooms: 5
- Room Information
- # of Rooms (Total): 20
- Basement Information: Unfinished
- Laundry Information
- Features: Common Area, In Unit
- Equipment
- Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
- Interior Features
- Furnished
- Flooring: Hardwood
- Other Features: Bathtub, Interior Steps, Stall Shower, Tub Shower, Furnished
Exterior
- Building Information
- Stories (Total): 3
- Construction Details: Drywall, Plaster, Clapboard
- Lot Information
- Lot Size Area: 7,405
- Lot Size Acres: 0.17
- Lot Features: Corner Lot
- Zoning: GB
- Property Information
- Above Grade Finished Area: 6,330
- Foundation Details: Slab
Financial
- Assessments and Fees
- Assessed Value: $1,098,400
- Tax Information
- Annual Tax Amount: $11,492
- Tax Year: 2024
Utilities
- Utility Information
- Utilities: Sewer Connected
- Electric: Amps 100, Amps 150, Amps 200 Or More
- Sewer: Connected
- Water Source: Connected
- Heating & Cooling
- Cooling: Wall Unit(s), Central Air
- Has Heating
- Heating: Central, Electric, Forced Air, Gas, Space Heater, Zoned
Location
- Multi Unit Information
- # Of Units Total: 4
- # Of Buildings: 1
- Multi Unit Financial Information
- Operating Expense: $29,042
- Unit Type 1
- Four Bedroom Or More
- Unit Description: 2N & 3N
- # of Bedrooms: 4
- # of Bathrooms Total: 2
- # of Full Bathrooms: 2
- Area: 900.0
- Actual Rent: $4,495
- Unit Type 2
- Three Bedroom
- Unit Description: 3S
- # of Bedrooms: 3
- # of Bathrooms Total: 1
- # of Full Bathrooms: 1
- Area: 1210.0
- Actual Rent: $3,150
- Unit Type 3
- Two Bedroom
- Unit Description: 2S
- # of Bedrooms: 2
- # of Bathrooms Total: 1
- # of Full Bathrooms: 1
- Area: 900.0
- Actual Rent: $2,550
- Unit Type 4
- Unit Description: commercial
- # of Bathrooms Total: 1
- # of Full Bathrooms: 1
- Area: 2110.0
- Actual Rent: $3,250
Public facts
- Beds: 8
- Baths: 5.0
- Sq. Ft.: 6,330
- Stories: 3.0
- Lot Size: 4,792 square feet
- Style: Other
- Year Built: 1849
- Year Renovated: 1978
- County: Newport County
- APN: 8970759S
Around this home
Schools
Public 5-8 • Assigned • 0.3mi
Public 9-12 • Assigned • 1.4mi
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 89° expected this year, 17 days in 30 years
80% chance of strong winds in next 30 years
2 unhealthy days expected this year, 2 days in 30 years
Sun exposure
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Nearby similar homes
New listings for sale in 02840
Home values near 130 132 Spring St
| Address | Redfin Estimate |
|---|---|
3 Beds | 4 Baths | 3328 Sq. Ft. | $2,008,586 |
1 Beds | 1 Baths | 448 Sq. Ft. | $540,664 |
| Address | Redfin Estimate |
|---|---|
1 Beds | 1 Baths | 645 Sq. Ft. | $455,643 |
3 Beds | 1.5 Baths | 1890 Sq. Ft. | $821,464 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 4 Baths | 3168 Sq. Ft. | $1,509,987 |
8 Beds | 5 Baths | 6330 Sq. Ft. | — |
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