About this home

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. First and only showing at this time is open house.

Facts and features

Schools

• Pell Elementary School

  elementary · K-4 · 0.6 mi

  4

• Frank E. Thompson Middle School

  elementary · 5-8 · 0.8 mi

  3

• Rogers High School

  high · 9-12 · 2.4 mi

  4

• St Michaels Country Day School

  elementary · K-8 · 1.3 mi

• Valley Community School Middletown

  elementary · 1.5 mi

• James L Maher School

  elementary · 4-12 · 1.7 mi

Price history

• Oct 6, 2026 · Listed$399,000
• Sep 21, 2026 · Sold$420,000
• Aug 26, 2026 · Listing Removed—
• Aug 24, 2026 · Listed$420,000
• Aug 14, 2026 · Listing Removed—
• Aug 3, 2026 · Price Changed$575,000
• Jul 28, 2026 · Listed$625,000
• Jul 28, 2026 · Listing Removed—

Tax history

• 2025$4,616 tax · $642,900 assessed
• 2023$4,039 tax · $407,200 assessed
• 2022$3,913 tax · $407,200 assessed
• 2021$3,799 tax · $407,200 assessed
• 2020$3,238 tax · $315,000 assessed
• 2019$3,238 tax · $315,000 assessed
• 2018$3,147 tax · $315,000 assessed
• 2017$2,797 tax · $249,500 assessed

Home value

$453,314

• Quantarium$453,314
• Cotality$416,100

Where it is