$995,000

About this home

Welcome to 22–24 Gilroy Street, a wonderful opportunity in Newport’s highly desirable Fifth Ward neighborhood! 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, 22–24 Gilroy Street presents an opportunity to enjoy the best of Newport living.

Property facts

Property type

Multi Family

Year built

1918

Lot size (acres)

0.135

Total rooms

9

Garage spaces

2

Total parking

4

Annual taxes

$8,850

Tax year

2026

Neighborhood

Fifth Ward

County

Newport

Features

Heating

Oil, Forced Air

Cooling

None

Basement

Full, Interior and Exterior, Unfinished, Laundry, Storage Space, Utility

Appliances

Dryer, Oven, Range, Refrigerator, Washer, Electric Water Heater

Interior

Wall (Plaster), Attic, Plumbing (Copper), Plumbing (Mixed), Plumbing (PVC), Insulation (Unknown)

Fireplace

None

Laundry

In Unit

Parking

Detached

Construction

Plaster, Wood

Utilities

Sewer Connected

Sewer

Public Sewer, Public

Water

Individual Meter, Municipal, Public

Waterfront

Walk to Salt Water

Community

Bus, Hospital, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis

Lot

Corner Lot, Paved Driveway, Sidewalks

Location