02840, RI homes for sale & real estate

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ABOUT THIS HOME
02840, RI Homes for Sale
A rare opportunity to own a condo in Newport, located just steps from downtown and all the restaurants and shops of Broadway and Thames Street. This two-bedroom, one-bath residence offers outstanding versatility, making it suitable for full-time living, a weekend retreat, or an investment property. Enjoy a highly walkable lifestyle perfect for buyers seeking prime location, convenience, and long-term value in the heart of Newport. Short-term rental license approval is currently pending.

$750,000

2 beds1 bath791 sq ft

Steps from downtown • Condo in newport • Prime location

21 Spring St #3, Newport, RI 02840

ABOUT THIS HOME
02840, RI Homes for Sale
An exceptionally rare development opportunity in the heart of downtown Newport. This premier parcel sits in the General Business Zone and is being sold with approvals in place for a Vacation Guest Facility, a designation that is increasingly difficult to secure in today's regulatory environment. The offering includes city approvals, engineering plans and architectural designs. The approved project features 11 residential units across the second, third, and fourth floors, including nine, two-bedroom, two-and-a-half-bath units and two, one-bedroom, one-and-a-half-bath units, all designed to support high-quality short-term and vacation rentals. The ground level is planned for retail use, creat

$2,750,000

Land0.32 acre (lot)

11 residential units • Community pool

105 Broadway, Newport, RI 02840

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02840, RI real estate trends

All Home Types trends in 02840, RI

Median Sale Price
# of Homes Sold
Median Days on Market

All Home Types

Median Sale Price (All Home Types)

$1,007,772

-1.7% YoY | Jun 2026

1 year
3 year
5 year

Based on Redfin calculations of home data from MLS and/or public records.

Location

Data

Jun 2026

Growth

% YoY

02840, RI

$1,007,772

-1.7%

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4 Redfin agents serving 02840

Deals*

4.8

Satisfaction

429

Homes closed*

* Data from the last year

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