OFF MARKET

Off Market Jun 2022 for $800K

$1,206,025

•

3,444

sq ft

374 Spring St, Newport, RI 02840

About this home

This renovated two family in the heart of downtown Newport makes a great investment. Both units have been updated with stylish decor, new kitchens and baths, in unit laundry, ductless A/C and other mechanical updates. Other features include bright rooms, tasteful paint colors throughout and hardwood floors. With proven rental history yearly and seasonally, there is great income potential if you choose to rent both units, or live in one unit and rent the other. Foundation needs repair and included in the disclosure. Structural Engineer quote to be provided upon request. Rental Info 2022: Unit 1- Summer $5750/month Winter- $2400 Unit 2- Summer $3750/month Sept 1 to Annual Lease- $2225 Unit 1 is available to immediate move in and vacant for the summer. It is rented for winter 2022-2023. Unit 2 is fully rented until Sept 2023.

Multi-familyProperty Type

1900Year Built

2,687 sq ftLot Size

$350Est. Price/Sq.Ft.

Listed by Diamandia Lingos • Compass Real Estate, LLC

Bought with Diamandia Lingos • Compass Real Estate, LLC

Redfin checked: a minute ago

•Source:RIS #1310336

Redfin Estimate

$1,206,025

$406K since sold in June 2022$30K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 12.3% lower than the average sale price ($1.37M) of 5 comparable homes.

SOLD FEB 13, 2026
$775,000
A
5 beds2 baths2,150 sq ft
26 Atlantic St, Newport, RI 02840
SOLD JUN 3, 2026
$1,300,000
B
4 beds3.5 baths2,186 sq ft
60 Prospect Hill St, Newport, RI 02840
SOLD JUN 15, 2026
$1,750,000
C
3 beds2.5 baths1,953 sq ft
71 Pope St, Newport, RI 02840
SOLD APR 19, 2026
$1,342,000
D
4 beds2 baths2,224 sq ft
75 Pope St, Newport, RI 02840
SOLD APR 17, 2026
$1,705,000
E
4 beds3.5 baths2,440 sq ft
17 Old Beach Rd, Newport, RI 02840

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

Earn from this home

Sell

$545,714

Est. take-home

List your home with Redfin and save $12,060

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

FOR SALE BY OWNER
$781,500
3 beds2 baths1,430 sq ft
26 Keeher Ave, Newport, RI 02840
NEW 1 DAY AGO
$899,000
2 beds1.5 baths1,015 sq ft
19 1/2 Third St, Newport, RI 02840
$3,500
1 bed2 baths750 sq ft
65 Ridge Rd, Newport, RI 02840
$699,000
3 beds2 baths906 sq ft
85 Mill St #2, Newport, RI 02840
$425,000
1 bed1 bath869 sq ft
85 Mill St #3, Newport, RI 02840
$995,000
4 beds2 baths2,260 sq ft
7 8 Warner Pl, Newport, RI 02840
COMING SOON
$4,950,000
4 beds4 baths3,529 sq ft
119 Spring St, Newport, RI 02840
$1,475,000
3 beds2.5 baths1,743 sq ft
72 Third St, Newport, RI 02840
$1,299,000
6 beds4 baths2,596 sq ft
31 Prescott Hall Rd, Newport, RI 02840
$1,200,000
4 beds2 baths1,305 sq ft
31 Slocum St, Newport, RI 02840
See all

Provided by Redfin

Sale history for 374 Spring St

Date

Event

Price

RIS #1310336

Jun 23, 2022

Sold

$800,000

$232/sq ft

Jun 13, 2022

Pending

—

May 23, 2022

Contingent

—

May 16, 2022

Listed

$800,000

$232/sq ft

RIS #1301421

May 16, 2022

Price Changed

$800,000

$232/sq ft

Apr 18, 2022

Listing Removed

—

Apr 9, 2022

Contingent

—

Mar 4, 2022

Relisted

—

Feb 7, 2022

Contingent

—

Feb 3, 2022

Listed

$905,000

$263/sq ft

RIS #1238479

Nov 25, 2019

Sold

$649,000

$188/sq ft

Oct 16, 2019

Contingent

—

Oct 13, 2019

Listed

$659,000

$191/sq ft

+35

RIS #1156163

Jul 31, 2017

Listing Removed

—

Apr 8, 2017

Contingent

—

Apr 8, 2017

Listed

$624,900

$181/sq ft

RIS #1131055

Jul 25, 2016

Sold

$320,000

$93/sq ft

Jul 14, 2016

Contingent

—

Jul 8, 2016

Listed

$374,000

$109/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$6,200 (+3.0%)

$358,100 + $505,400

$863,500

2024

$6,019

$358,100 + $505,400

$863,500

2023

$6,014 (+3.2%)

$234,100 + $372,200

$606,300

2022

$5,827 (+3.0%)

$234,100 + $372,200

$606,300

2021

$5,657 (+15.8%)

$234,100 + $372,200

$606,300

2020

$4,884

$218,600 + $256,500

$475,100

2019

$4,884 (+2.9%)

$218,600 + $256,500

$475,100

2018

$4,746 (+32.4%)

$218,600 + $256,500

$475,100

2017

$3,585 (+4.6%)

$156,300 + $163,500

$319,800

2016

$3,427 (+2.5%)

$156,300 + $157,200

$313,500

2015

$3,345 (−3.1%)

$156,300 + $157,200

$313,500

2014

$3,453 (+3.0%)

$132,800 + $153,500

$286,300

2013

$3,353 (+3.1%)

$132,800 + $153,500

$286,300

2012

$3,252

$132,800 + $153,500

$286,300

Tax history for 374 Spring St

Year

Property tax

Land + Additions

Assessment*

2025

$6,200 (+3.0%)

$358,100 + $505,400

$863,500

2024

$6,019

$358,100 + $505,400

$863,500

2023

$6,014 (+3.2%)

$234,100 + $372,200

$606,300

2022

$5,827 (+3.0%)

$234,100 + $372,200

$606,300

2021

$5,657 (+15.8%)

$234,100 + $372,200

$606,300

2020

$4,884

$218,600 + $256,500

$475,100

2019

$4,884 (+2.9%)

$218,600 + $256,500

$475,100

2018

$4,746 (+32.4%)

$218,600 + $256,500

$475,100

2017

$3,585 (+4.6%)

$156,300 + $163,500

$319,800

2016

$3,427 (+2.5%)

$156,300 + $157,200

$313,500

2015

$3,345 (−3.1%)

$156,300 + $157,200

$313,500

2014

$3,453 (+3.0%)

$132,800 + $153,500

$286,300

2013

$3,353 (+3.1%)

$132,800 + $153,500

$286,300

2012

$3,252

$132,800 + $153,500

$286,300

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

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

2,614 Sq. Ft.

Year renovated

1990

Sq. Ft.

1,906

Year built

1900

Style

Multi-Family (2-4 Unit)

County

Newport County

APN

363390

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 22, 2026.

Property details

Parking

Parking
Features: No Garage

Interior

Bathroom Information
# of Full Bathrooms: 2

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

Laundry Information
Features: In Unit

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

Interior Features
Furnished
Flooring: Hardwood
Other Features: Tub Shower, Furnished

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

Multi Unit Financial Information
Operating Expense: $1,000

Exterior

Building Information
Stories (Total): 2
Construction Details: Drywall, Shingle Siding, Vinyl Siding

Exterior Features
Exterior Features: Porch
Patio And Porch Features: Porch

Lot Information
Lot Size Area: 2,687
Lot Size Acres: 0.0617
Lot Features: Corner Lot
Waterfront Features: Walk to Water
Zoning: R10

Property Information
Above Grade Finished Area: 3,444

Financial

Assessments and Fees
Assessed Value: $606,300

Tax Information
Annual Tax Amount: $5,657
Tax Year: 2021

Utilities

Utility Information
Utilities: Sewer Connected
Electric: Circuit Breakers
Sewer: Connected
Water Source: Connected

Heating & Cooling
Has Cooling
Cooling: Ductless
Has Heating
Heating: Electric, Individual, Oil, Zoned

Location

Community Information
Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 1,906
Stories: 2.0
Lot Size: 2,614 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: 1990
County: Newport County
APN: 363390

Home facts updated by county records on Jun 22, 2026

Around this home

Schools

Frank E. Thompson Middle School

Public 5-8 • Assigned • 0.8mi

3/10

Rogers High School

Public 9-12 • Assigned • 1.0mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk 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

$1.15M – $1.39M

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New listings for sale in 02840

FOR SALE BY OWNER

$781,500

3 beds2 baths1,430 sq ft

26 Keeher Ave, Newport, RI 02840

NEW 1 DAY AGO

$899,000

2 beds1.5 baths1,015 sq ft

19 1/2 Third St, Newport, RI 02840

$3,500

1 bed2 baths750 sq ft

65 Ridge Rd, Newport, RI 02840

$699,000

3 beds2 baths906 sq ft

85 Mill St #2, Newport, RI 02840

$425,000

1 bed1 bath869 sq ft

85 Mill St #3, Newport, RI 02840

$995,000

4 beds2 baths2,260 sq ft

7 8 Warner Pl, Newport, RI 02840

COMING SOON

$4,950,000

4 beds4 baths3,529 sq ft

119 Spring St, Newport, RI 02840

$1,475,000

3 beds2.5 baths1,743 sq ft

72 Third St, Newport, RI 02840

$1,299,000

6 beds4 baths2,596 sq ft

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Home values near 374 Spring St

Data from public records.

Address	Redfin Estimate
362 Spring Street, Newport, RI 6 Beds \| 3 Baths \| 2820 Sq. Ft.	$1,347,636
371 Spring Street, Newport, RI 2 Beds \| 1.5 Baths \| 1781 Sq. Ft.	$1,140,892

Address	Redfin Estimate
365 Spring Street, Newport, RI 4 Beds \| 2 Baths \| 1904 Sq. Ft.	$1,540,212
370 Spring Street, Newport, RI 3 Beds \| 1 Baths \| 1250 Sq. Ft.	$846,907

Address	Redfin Estimate
382 Spring Street, Newport, RI 8 Beds \| 3.5 Baths \| 3256 Sq. Ft.	$1,817,739
378 Spring Street, Newport, RI 4 Beds \| 5.5 Baths \| 3369 Sq. Ft.	$2,588,827

Property information provided by RIS when last listed in 2022. 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 374 Spring St

Tax history for 374 Spring St

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 374 Spring St

More real estate resources