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5 Beds
3 Baths
1,811 sqft

$995,000

22 Gilroy Street, Newport RI, 02840

Price per sqft$549.42
Built in1918
Property size1,811 sqft
Property typeResidential

Overview

Active

Listed Oct 30, 2026

Updated 28h ago

A wonderful opportunity in Newport's highly desirable Fifth Ward neighborhood! The property needs updating throughout but will be worth it for the savvy buyer. Situated on a quiet corner lot just moments from Thames Street's restaurants, shops, and Newport Harbor, this legal two-family, side by side duplex offers exceptional versatility in a sought-after coastal setting. Featuring 1,811 square feet of living space on a generous 5,880-square-foot lot, the property consists of a three-bedroom, 1.5-bath unit and a two-bedroom, one-bath unit. Each residence enjoys its own enclosed entry porch, private rear entrance, and access to a private full basement with laundry facilities. Separate heating, electric, and water systems provide added convenience and independence for each unit. Whether you're looking to occupy one unit while generating rental income from the other, accommodate extended family, enjoy a Newport getaway, or explore the possibility of converting the property into a spacious single-family residence, the possibilities are numerous. A particularly appealing feature is the two-car garage, complemented by two additional off-street parking spaces a valuable amenity in Newport. Enjoy the convenience of nearby parks, the waterfront, historic Ocean Drive, and Fort Adams, all while appreciating the charm of an established residential neighborhood. Combining location, flexibility, and investment potential, it presents an opportunity to enjoy the best of Newport living.

$6,620/mo

Est. mortgage payment based on a $995,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1427280

Interior Features

Bedrooms
5
Bathrooms
3
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.13 Acres

Other Property Details

Taxes
$8,850
Tax Frequency
Annually
Garage
Yes
Waterfront
Yes
55+/Senior Community
No

Courtesy of Lila Delman Compass, 401-862-0784

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than Keller Williams Leading Edge are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.

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Data last updated 5:27 AM UTC, 10/31/2026.

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