Recently renovated multi family home within walking distance to beaches, Cliff Walk and downtown Newport. There are currently two residences and an opportunity to expand the upstairs. The entire property under went an extensive renovation in July 2018 with new stainless appliances and granite counters in the kitchen, new baths, new flooring, new roof, new doors and Andersen double insulated windows are less than 5 years old. These two spacious town homes have wonderful open layouts with two bedrooms upstairs and a full bath. Each home has ductless air conditioning and laundry areas. Private garages with loft storage and patios are added features. The property is sited on a corner lot with mature trees and a large fenced in back yard. Newly bricked walkways lead to the apartments while stone driveways allow for off street parking. There is additional off street parking as well. Separate utilities make this unique property perfect for an owner occupied home while earning income! Click on link for a virtual tour!
Multi-familyProperty Type
1985Year Built
8,850 sq ftLot Size
$538Est. Price/Sq.Ft.
2 car garageParking
Listed by Mary Waddington• Vanderbilt International Prop.
Bought with Edith Cushing• RE/MAX Profnl. Newport, Inc.
Amazing location! Enjoy walking to Newport's famous Cliff Walk, Easton's Beach and downtown Newport from this two family home. Two spacious units with some new upgrades. All new heating and cooling systems (6 zones), some new flooring, updated bathrooms, new hot water tanks and fresh interior paint. Both units have a one car garage, parking, nice private back patios for entertaining and a large fenced back yard. Separate utilities. Expansion possibilities!
RIS #1145135
Apr 7, 2017
Sold
$507,000
$173/sq ft
Feb 12, 2017
Contingent
—
Feb 8, 2017
Price Changed
$529,000
$181/sq ft
Jan 26, 2017
Listed
$589,000
$201/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$10,055 (+5.7%)
$730,200 + $427,000
$1,157,200
2024
$9,512 (+37.2%)
$730,200 + $427,000
$1,157,200
2023
$6,932 (+3.2%)
$423,500 + $275,300
$698,800
2022
$6,715 (+3.0%)
$423,500 + $275,300
$698,800
2021
$6,520 (−4.0%)
$423,500 + $275,300
$698,800
2020
$6,790
$414,100 + $246,400
$660,500
2019
$6,790 (+2.9%)
$414,100 + $246,400
$660,500
2018
$6,598 (+23.7%)
$414,100 + $246,400
$660,500
2017
$5,333 (+2.6%)
$253,900 + $221,800
$475,700
2016
$5,199 (+2.4%)
$253,900 + $221,800
$475,700
2015
$5,076 (−2.0%)
$253,900 + $221,800
$475,700
2014
$5,180 (+3.0%)
$207,700 + $221,800
$429,500
2013
$5,029 (+3.1%)
$207,700 + $221,800
$429,500
2012
$4,879
$207,700 + $221,800
$429,500
Tax history for 55 Annandale Rd
Year
Property tax
Land + Additions
Assessment*
2025
$10,055 (+5.7%)
$730,200 + $427,000
$1,157,200
2024
$9,512 (+37.2%)
$730,200 + $427,000
$1,157,200
2023
$6,932 (+3.2%)
$423,500 + $275,300
$698,800
2022
$6,715 (+3.0%)
$423,500 + $275,300
$698,800
2021
$6,520 (−4.0%)
$423,500 + $275,300
$698,800
2020
$6,790
$414,100 + $246,400
$660,500
2019
$6,790 (+2.9%)
$414,100 + $246,400
$660,500
2018
$6,598 (+23.7%)
$414,100 + $246,400
$660,500
2017
$5,333 (+2.6%)
$253,900 + $221,800
$475,700
2016
$5,199 (+2.4%)
$253,900 + $221,800
$475,700
2015
$5,076 (−2.0%)
$253,900 + $221,800
$475,700
2014
$5,180 (+3.0%)
$207,700 + $221,800
$429,500
2013
$5,029 (+3.1%)
$207,700 + $221,800
$429,500
2012
$4,879
$207,700 + $221,800
$429,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
8,712 Sq. Ft.
Year renovated
1991
Sq. Ft.
2,080
Year built
1985
Style
Multi-Family (2-4 Unit)
County
Newport County
APN
97961
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 2026.
Apr 23, 2025 • Final
Electrical
Install a new electrical service panel with a main breaker entrance.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Garage/Carport Information
Has Garage
# of Garage Spaces: 2
Parking
Features: Attached
# of Parking (Total): 4
# of Covered Spaces: 2
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 2
Room Information
# of Rooms (Total): 8
Laundry Information
Features: In Unit
Equipment
Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
Interior Features
Window Features: Thermal Windows
Flooring: Ceramic Tile, Hardwood
Other Features: Tub Shower, Cable TV
Multi Unit Information
# Of Units Total: 2
# Of Buildings: 1
Multi Unit Financial Information
Operating Expense: $9,000
Exterior
Building Information
Stories (Total): 2
Construction Details: Drywall, Shingle Siding
Exterior Features
Exterior Features: Patio
Patio And Porch Features: Patio
Fencing: Fenced
Lot Information
Lot Size Area: 8,850
Lot Size Acres: 0.2
Lot Features: Corner Lot
Waterfront Features: Walk to Water
Frontage Length: 87
Zoning: R10
Property Information
Above Grade Finished Area: 2,924
Foundation Details: Concrete Perimeter
Financial
Assessments and Fees
Assessed Value: $660,500
Tax Information
Annual Tax Amount: $6,790
Tax Year: 2019
Utilities
Utility Information
Utilities: Sewer Connected, Water Connected
Electic On Property
Electric: 150 Amp Service
Sewer: Connected, Public Sewer
Water Source: Connected, Public
Heating & Cooling
Has Cooling
Cooling: Ductless
Has Heating
Heating: Electric, Heat Pump, Individual
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.: 2,080
Stories: 2.0
Lot Size: 8,712 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1985
Year Renovated: 1991
County: Newport County
APN: 97961
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
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
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
$1.50M – $1.81M
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