SOLD OCT 15, 2025
Google street view image for 501 Spring St, Newport, RI 02840
Off Market Oct 2025 for $1.8M
$1,995,485
Est. refi paymentEst. refi $11,725/mo
8
bd
•
6 ba
•
4,068
sq ft

501 Spring St, Newport, RI 02840

map-entry

About this home

501 Spring St is a 4,068 square foot multi-family home on a 3,920 square foot lot with 8 bedrooms and 6 bathrooms. - it last sold on October 15, 2025 for $1,800,000. Based on Redfin's Newport data, we estimate the home's value is $1,995,485.
Multi-familyProperty Type
1900Year Built
3,920 sq ftLot Size
$491Est. Price/Sq.Ft.
Source:Public Records

Redfin Estimate

$1,995,485
$195K since sold in October 2025$42K since August

This home's estimate is 23.6% higher than the average sale price ($1.61M) of 6 comparable homes.

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Earn from this home

Sell
$460,859
Est. take-home

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Refinance
$0
Est. cash available

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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
87

4 MoM

New listings for sale

Provided by Redfin

Sale history for 501 Spring St

Tax history for 501 Spring St

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

Property details

Around this home

Schools

Frank E. Thompson Middle School

Public 5-8 • Assigned • 1.1mi

3/10
Rogers High School

Public 9-12 • Assigned • 0.7mi

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)
36
25
37
26
47
35
55
43
63
52
74
62
77
68
75
64
71
60
63
52
54
42
42
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap
Estimated sale price
$1.90M – $2.30M

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Nearby similar homes

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OPEN SAT, 1PM TO 2:30PM
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1 bed1 bath700 sq ft
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New listings for sale in 02840

OPEN SAT, 12PM TO 1:30PM
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119 Spring St, Newport, RI 02840
FOR SALE BY OWNER
$781,500
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$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
$1,475,000
3 beds2.5 baths1,743 sq ft
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Home values near 501 Spring St

Data from public records.

More real estate resources

02842 homes for sale
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