This strikingly renovated four bedroom cottage offers a fabulous place to call home. 58 Malbone features an open floor plan, hardwoods throughout, first floor bedroom, deck overlooking fenced yard, and an adorable covered porch. Truly centrally located, this property is less than a mile from the Broadway restaurants and shops, and offers easy access to both Thames Street, Pell Bridge, and the Navy base. This house is ready to be made a home!
Single-familyProperty Type
1860Year Built
4,600 sq ftLot Size
$523Est. Price/Sq.Ft.
3 spacesParking
Listed by The Hawks Group• RE/MAX Profnl. Newport, Inc.
Listed by Aryn Hawks• RE/MAX Profnl. Newport, Inc.
Bought with Ryan Hazinakis• Keller Williams Coastal
Potential Galore! This 4 bed, 1 bath, home in Newport is ready for a new life! With 4 bedrooms and original hardwoods, this home is worth a look! Being sold AS IS and is easy to show.
Year
Property tax
Land + Additions
Assessment*
2025
$4,778 (+5.7%)
$165,000 + $384,900
$549,900
2024
$4,520 (+18.4%)
$165,000 + $384,900
$549,900
2023
$3,819 (+3.2%)
$126,300 + $258,700
$385,000
2022
$3,700 (+3.0%)
$126,300 + $258,700
$385,000
2021
$3,592 (−6.2%)
$126,300 + $258,700
$385,000
2020
$3,831
$98,400 + $274,300
$372,700
2019
$3,831 (+41.5%)
$98,400 + $274,300
$372,700
2018
$2,708 (+2.5%)
$98,400 + $172,700
$271,100
2017
$2,641 (+2.6%)
$75,700 + $159,900
$235,600
2016
$2,575 (+2.4%)
$75,700 + $159,900
$235,600
2015
$2,514 (−13.8%)
$75,700 + $159,900
$235,600
2014
$2,915 (+3.0%)
$55,800 + $185,900
$241,700
2013
$2,830 (+3.1%)
$55,800 + $185,900
$241,700
2012
$2,746
$55,800 + $185,900
$241,700
Tax history for 58 Malbone Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,778 (+5.7%)
$165,000 + $384,900
$549,900
2024
$4,520 (+18.4%)
$165,000 + $384,900
$549,900
2023
$3,819 (+3.2%)
$126,300 + $258,700
$385,000
2022
$3,700 (+3.0%)
$126,300 + $258,700
$385,000
2021
$3,592 (−6.2%)
$126,300 + $258,700
$385,000
2020
$3,831
$98,400 + $274,300
$372,700
2019
$3,831 (+41.5%)
$98,400 + $274,300
$372,700
2018
$2,708 (+2.5%)
$98,400 + $172,700
$271,100
2017
$2,641 (+2.6%)
$75,700 + $159,900
$235,600
2016
$2,575 (+2.4%)
$75,700 + $159,900
$235,600
2015
$2,514 (−13.8%)
$75,700 + $159,900
$235,600
2014
$2,915 (+3.0%)
$55,800 + $185,900
$241,700
2013
$2,830 (+3.1%)
$55,800 + $185,900
$241,700
2012
$2,746
$55,800 + $185,900
$241,700
*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
1.5
Stories
2
Lot width
—
Lot depth
—
Lot size
4,792 Sq. Ft.
Year renovated
1995
Sq. Ft.
1,301
Year built
1860
Style
Single Family Residential
County
Newport County
APN
96499
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 2026.
Jun 12, 2025 • Final
Building
Remove and discard the existing roof on the top section only. Install a new GAF roofing system on the top roof and dormer. Remove existing siding and install new pre-dipped shingles with woven corners.
Roofing
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
Parking
Features: No Garage
# of Parking (Total): 3
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 1
# of Half Bathrooms: 1
Room Information
# of Rooms (Total): 4
Has Basement
Basement Information: Full, Unfinished
Equipment
Appliances: Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator
Interior Features
Flooring: Ceramic Tile, Hardwood
Other Features: Attic, Tub Shower
Exterior
Building Information
Stories: 2
Stories (Total): 2
Construction Details: Plaster, Shingle Siding
Exterior Features
Exterior Features: Deck, Porch, Paved Driveway
Patio And Porch Features: Deck, Porch
Lot Information
Lot Size Area: 4,600
Lot Size Acres: 0.1056
Zoning: R10
Property Information
Above Grade Finished Area: 1,600
Foundation Details: Combination
Financial
Assessments and Fees
Assessed Value: $271,100
Tax Information
Annual Tax Amount: $3,039
Tax Year: 2018
Utilities
Utility Information
Utilities: Sewer Connected
Electric: 100 Amp Service
Sewer: Connected
Water Source: Connected
Heating & Cooling
Has Heating
Heating: Baseboard, Oil
Location
Community Information
Community Features: Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
Public facts
Beds: 4
Baths: 1.5
Sq. Ft.: 1,301
Stories: 2.0
Lot Size: 4,792 square feet
Style: Single Family Residential
Year Built: 1860
Year Renovated: 1995
County: Newport County
APN: 96499
Home facts updated by county records on Jun 22, 2026
Around this home
Schools
Pell Elementary School
Public PreK-4 • Assigned • 0.5mi
4/10
Frank E. Thompson Middle School
Public 5-8 • Assigned • 0.7mi
3/10
Rogers High School
Public 9-12 • Assigned • 2.4mi
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 89° 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
76
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
$795,000 – $963,000
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