Location, location, location! John Ellis house, first time on the market in 40 years. Historic charm, within walking distance to all Newport offers. Established neighborhood. This legal 3-apartment home has much to offer and many options for use as your needs change. Return it back to a stately single-family or large family home with a guest wing. Condominiums are an easy conversion or remain as three income-producing rental units. The original house is about 200 years old and is what remains from a sprawling farm stretching from the historic Cliff Walk toward the famed Newport Harbor, and now sits on a highly desirable corner in the Annandale/Cliff Walk Road corridor. All the bones are done: entire new roof (December/2016), new wiring, plumbing, thermal windows, sewer line, basement beams, total conversion of heating oil to gas, separate meters for gas/electric. With some cosmetic updates, and a few minor changes in each unit will increase the number of bedrooms and boost the total rents and which can instantly increase your cap rate. The actual current annual lease rents total $4550/month.
Multi-familyProperty Type
1880Year Built
0.25 acresLot Size
$458Est. Price/Sq.Ft.
4 spacesParking
Listed by Daniele Montefusco• William Raveis Inspire
Bought with Caroline Richards• Hogan Associates Christie's
Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Water Heater, Washer
Interior Features
Flooring: Hardwood, Vinyl
Other Features: Bathtub, Tub Shower, Cable TV
Multi Unit Information
# Of Units Total: 4
# Of Buildings: 1
Multi Unit Financial Information
Operating Expense: $11,500
Exterior
Building Information
Construction Details: Plaster, Shingle Siding
Exterior Features
Exterior Features: Deck, Porch, Paved Driveway
Patio And Porch Features: Deck, Porch
Lot Information
Lot Size Area: 10,890
Lot Size Acres: 0.25
Lot Features: Corner Lot
Waterfront Features: Beach Access, Walk to Water
Zoning: R10
Property Information
Above Grade Finished Area: 3,783
Foundation Details: Stone
Financial
Assessments and Fees
Assessed Value: $505,000
Tax Information
Annual Tax Amount: $5,300
Tax Year: 2017
Utilities
Utility Information
Utilities: Sewer Connected
Electic On Property
Sewer: Connected, Public Sewer
Water Source: Connected, Public
Heating & Cooling
Has Heating
Heating: Baseboard, Gas, Zoned
Location
Community Information
Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
Public facts
Beds: 6
Baths: 3.0
Sq. Ft.: 3,678
Stories: 3.0
Lot Size: 6,534 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1880
Year Renovated: 1987
County: Newport County
APN: 363611
Home facts updated by county records on Jun 22, 2026
Around this home
Schools
Frank E. Thompson Middle School
Public 5-8 • Assigned • 0.9mi
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
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
5/10 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)
36
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47
35
55
43
63
52
74
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77
68
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64
71
60
63
52
54
42
42
30
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Feb
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May
Jun
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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
$1.64M – $1.98M
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