54 Homer Street
Newport, RI 02840
$399,000
Investor Opportunity in Newport! This 4-bedroom, 1-bath home offers approximately 1,472 sq ft of living space on a 0.39-acre lot. The property offers a manageable footprint and plenty of potential for an investor looking for their next fix-and-flip, rental renovation, or value-add project. The generous lot and established structure provide a strong foundation for cosmetic updates and modernization.
Located at 54 Homer Street, enjoy the convenient Newport location with easy access to Middletown, Portsmouth, and the surrounding Aquidneck Island communities. A great opportunity to renovate and reposition a single-family home on a spacious lot. This is the perfect project for an investor seeking a money making opportunity or a homeowner to build strong equity.
PROPERTY SOLD AS-IS. CASH OR HARD MONEY ONLY.
| Listing Id: | 1425274 |
|---|---|
| List Price: | $399,000 |
| Property Type: | Residential |
| Property Sub Type: | SingleFamilyResidence |
| Status: | Active |
| Bedrooms Total: | 4 |
| Bathrooms Full: | 1 |
| Living Area: | 1,472 |
| Tax Annual Amount: | $4,616 |
| Lot Size Square Feet: | 16,988.0 |
| City: | Newport |
| County Or Parish: | Newport |
| Postal Code: | 02840 |
| Year Built: | 1958 |
| Above Grade Finished Area: | 1,472.0 |
| Appliances: | Gas Water Heater |
| Basement: | Yes |
| Bathrooms Total Integer: | 1 |
| Building Area Total: | 1,472.0 |
| Construction Materials: | VinylSiding |
| Cooling: | None |
| Covered Spaces: | 0.0 |
| Electric: | CircuitBreakers |
| Fireplace Features: | None |
| Fireplaces Total: | 0 |
| Flooring: | CeramicTile, Hardwood |
| Foundation Details: | ConcretePerimeter |
| Heating: | Gas, HotWater |
| Heating?: | Yes |
| Inclusions: | PROPERTY SOLD AS-IS. CASH OR HARD MONEY ONLY. |
| Levels: | One |
| Listing Agreement: | ExclusiveRightToSell |
| Living Area Source: | PublicRecords |
| Lot Size Area: | 16988.0 |
| Lot Size Units: | SquareFeet |
| Original List Price: | $399,000 |
| Parcel Number: | 54HOMERSTNEWP |
| Parking Features: | NoGarage |
| Parking Total: | 2 |
| Possession: | Negotiable |
| Postal City: | Newport |
| Rooms Total: | 44 |
| Sewer: | Connected |
| State Or Province: | RI |
| Stories: | 1 |
| Tax Assessed Value: | $642,900 |
| Tax Year: | 2025 |
| Utilities: | Sewer Connected |
| Water Source: | Connected |
| Basement: | Full,InteriorEntry,Unfinished |
| Lot Size Acres: | 0.39 |
| Architectural Style: | Ranch |
| Internet Automated Valuation Display?: | Yes |
| Status: | Active |
| Stories Total: | 1 |
| Street Number Numeric: | 54 |
| Universal Property: | US-44005-N-54HOMERSTNEWP-R-N |
| Listing Key: | 1192479863 |
| Originating System Sub Name: | RIS_RIS |
| Property Sub Type Additional: | SingleFamilyResidence |
| Current Price: | $399,000.00 |
| Country Subdivision: | 44005 |
| Record Signature: | -1,569,300,995 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:44005:54HOMERSTNEWP |
Listing Courtesy of: Century 21 Limitless
508-726-3492
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Property Last Updated: October 08, 2026 05:25 PM - ET
