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About This Home

This 1-bedroom, 2-bathroom multi-family at 440 Broadway in Newport, RI is listed for $1,275,000 ($589 per sqft). Built in 1935, the home offers 2,164 sqft of living space on a 0.11 acres lot.

Agent Description

Rare mixed-use investment opportunity in the heart of Newport's thriving Broadway district. Positioned on a highly visible corner lot, 440 Broadway offers a compelling combination of commercial and residential income potential in one of the city's most desirable and walkable neighborhoods.

The property features a fully built-out professional office space on the first floor, currently occupied by a well established dental practice with three exam rooms, laboratory, private office, reception area, waiting room, bathroom, and storage. The dental business is not included in the sale of the real estate and will be sold separately.

The second-floor residential unit consists of a bright and spacious two-bedroom, one-bath apartment with hardwood floors, high ceilings, abundant natural light, and a private deck. The residential component provides additional income potential and strong rental appeal in Newport's historically supply-constrained housing market.

Additional features include a detached two-car garage, two additional off-street parking spaces, private yard, full basement, and walk-up attic offering valuable storage and operational flexibility. The corner-lot location provides excellent visibility, accessibility, and long-term investment appeal.

Whether added to an existing portfolio or acquired as a strategic owner-user investment, 440 Broadway presents a unique opportunity to own a versatile mixed-use asset in one of Newport's most established commercial corridors.

Key Features

  • Built in 1935
  • 0.12 acre lot
  • 2 stories
  • 4 parking spaces

Property Details

2 stories
1 full, 1 half
4 spaces
1935

Amenities

Hardwood

Monthly Cost Estimate

$6,819/mo

20% down · 6.5% · 30 years

Principal$922
Interest$5,525
Insurance$372

Estimates only. Actual payments may vary.

Location

440 Broadway

Newport, RI 02840

Broadway

Features & Amenities

Interior Features

AtticAttic StairsAttic StorageStairs

Property Details

Flooring

CarpetHardwood

Construction

Clapboard

Heating

OilRadiant

Questions & Answers

This 1-bedroom, 2-bathroom multi-family at 440 Broadway is listed at $1,275,000 ($589/sqft). The estimated monthly payment is $5,525 based on 20% down at 6.5% interest.

Key features include: Built in 1935, 0.12 acre lot, 2 stories, 4 parking spaces. Interior Features: Attic, Attic Stairs, Attic Storage.

This property is listed by Stefanie Carr and can be reached at (617) 206-3333 or stefanie.carr@compass.com.

SC

Stefanie Carr

Agent at Compass

(617) 206-3333

Listed by Compass · View on Broker Site

MLS# 1415571· Source: listhub· Updated 1 days ago

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

440 Broadway, Newport, RI 02840

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