This home's estimate is 11.1% lower than the average sale price ($1.21M) of 6 comparable homes.
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53 Old Fort Rd, Newport, RI 02840
About this home
Stunning corner lot with mature trees & hedges, spacious yard & patio, with private entrances and all separate utilities. Fantastic detached two car garage with newer doors and slate roof. Owner occupied for the last 49 years, this solid home was built in 1920 as a side by side two family. Original slate roof, hardwood floors, banisters, attic stairs, and bathroom tile work remain. The home has newer vinyl siding and insert replacement windows along with updated heating systems, hot water tanks, and updated owner unit kitchen. There is natural gas connection in the street and there is evidence of the home having natural gas hookups at one time. The units mirror one another and the hardwood floors continue under all the carpet. Laundry is located in the basements. The owner unit also has a wash sink and plenty of shelving. Individual bulkhead walkouts are in good condition. Wonderful opportunity for home ownership with rental income. The home needs some cosmetic work but well worth the investment. Located in the desirable 5th Ward neighborhood, gems such as this with cool different street addresses do not come along often. Close to Morton Park, Gooseberry Beach, Ocean Drive, Cliff Walk, and downtown shopping and restaurants but still very much located in a residential setting.
Redfin Estimate
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Market trends in 02840, RI
Last updated August 2026
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Provided by Redfin
Sale history for 53 Old Fort Rd
$2/sq ft
$2/sq ft
$203/sq ft
Tax history for 53 Old Fort Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Garage/Carport Information
- Has Garage
- # of Garage Spaces: 2
- Parking
- Features: Detached, Garage, Garage Door Opener
- # of Parking (Total): 4
- # of Covered Spaces: 2
Interior
- Virtual Tour
- Bathroom Information
- # of Full Bathrooms: 2
- Room Information
- # of Rooms (Total): 12
- Has Basement
- Basement Information: Exterior Entry, Full, Interior Entry, Unfinished
- Laundry Information
- Features: In Unit
- Equipment
- Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
- Interior Features
- Window Features: Storm Window(s), Thermal Windows
- Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
- Other Features: Attic, Permanent Attic Stairs, Tub Shower
- Multi Unit Information
- # Of Units Total: 4
- # Of Buildings: 1
Exterior
- Building Information
- Stories (Total): 2
- Construction Details: Plaster, Vinyl Siding
- Exterior Features
- Exterior Features: Porch, Patio, Paved Driveway
- Patio And Porch Features: Patio, Porch
- Lot Information
- Lot Size Area: 6,660
- Lot Size Acres: 0.1529
- Lot Features: Corner Lot
- Zoning: R10
- Property Information
- Above Grade Finished Area: 2,060
- Foundation Details: Concrete Perimeter
Financial
- Assessments and Fees
- Assessed Value: $356,100
- Tax Information
- Annual Tax Amount: $3,992
- Tax Year: 2017
- Rental Information
- Tenant Pays: Hot Water
Utilities
- Utility Information
- Utilities: Sewer Connected, Water Connected
- Electric: 100 Amp Service, Circuit Breakers
- Sewer: Connected, Public Sewer
- Water Source: Connected, Multiple Meters, Public
- Heating & Cooling
- Has Heating
- Heating: Baseboard, Forced Air, Oil
Location
- Community Information
- Community Features: Golf, Marina, Near Schools, Public Transportation, Shopping, Tennis Court(s), Sidewalks
Public facts
- Beds: 6
- Baths: 2.0
- Sq. Ft.: 2,000
- Stories: 2.0
- Lot Size: 6,534 square feet
- Style: Multi-Family (2-4 Unit)
- Year Built: 1920
- Year Renovated: 1987
- County: Newport County
- APN: 95558
Around this home
Schools
Public 5-8 • Assigned • 1.6mi
Public 9-12 • Assigned • 0.2mi
Lifestyle
Provided by Walk Score and Local Logic
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 90° 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
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.
Nearby similar homes
New listings for sale in 02840
Home values near 53 Old Fort Rd
| Address | Redfin Estimate |
|---|---|
3 Beds | 2.5 Baths | 1901 Sq. Ft. | $1,482,972 |
2 Beds | 1 Baths | 858 Sq. Ft. | $667,458 |
| Address | Redfin Estimate |
|---|---|
5 Beds | 2.5 Baths | 1861 Sq. Ft. | $1,122,425 |
4 Beds | 4 Baths | 2800 Sq. Ft. | — |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1.5 Baths | 900 Sq. Ft. | $700,056 |
4 Beds | 2 Baths | 1865 Sq. Ft. | $919,120 |
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