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374 Spring St

Newport, RI 02840

5 bd 2 ba 3,444 sqft Built 1900 Lot 2,687 sqft multi_family
Most recent sale
$800,000
Jun 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 23, 2022 Sold $800,000 MLS #1310336
May 16, 2022 Listed $800,000 MLS #1310336
Feb 3, 2022 Listed $905,000 MLS #1301421
Jan 29, 2020 Listed for rent $5,000 StateWide
Nov 25, 2019 Sold $649,000 MLS #1238479
Oct 13, 2019 Listed $659,000 MLS #1238479
Aug 1, 2017 Listing removed $624,900 StateWide
Aug 1, 2017 Sold $570,000 Public Record
Apr 8, 2017 Listed $624,900 MLS #1156163
Jul 25, 2016 Sold $320,000 MLS #1131055
Jul 8, 2016 Listed $374,000 MLS #1131055

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $505,400 $358,100 $863,500 $6,200
2023 $372,200 $234,100 $606,300 $6,014
2022 $372,200 $234,100 $606,300 $5,827
2021 $372,200 $234,100 $606,300 $5,657
2020 $256,500 $218,600 $475,100 $4,884
2019 $256,500 $218,600 $475,100 $4,884
2018 $256,500 $218,600 $475,100 $4,746
2017 $163,500 $156,300 $319,800 $3,585
2016 $157,200 $156,300 $313,500 $3,427
2015 $157,200 $156,300 $313,500 $3,345
2014 $153,500 $132,800 $286,300 $3,453
2013 $153,500 $132,800 $286,300 $3,353
2006 $220,800 $166,800 $387,600 $3,109

Property facts

Year built
1900
Property type
multi_family
Stories
2
Beds
5
Baths
2
Living area
3,444 sqft
Lot size
2,687 sqft
ZIP code
02840
City
Newport
Street
Spring St
Coordinates
41.48057, -71.31217

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,166
Gross rental yield
7.75%
Implied cap rate
5.04%
Trend-extrapolated value

Frequently asked questions

When did 374 Spring St last sell?
374 Spring St most recently sold on Jun 23, 2022 for $800,000.
What is the current tax assessment for 374 Spring St?
The most recent total assessment for 374 Spring St (year 2025) is $863,500 with $6,200 in property tax.
How does 374 Spring St's assessment compare to its last sale price?
The current assessment is 7.9% above the last sale price of $800,000.
When was 374 Spring St built?
374 Spring St was built in 1900.
How does 374 Spring St compare to others on Spring St?
We track 8 other properties on Spring St. Browse the list under "Other properties on Spring St" to compare beds, baths, and sale history.
What are the property facts for 374 Spring St?
374 Spring St is a 5 bed, 2 bath, 3,444 sqft, 2,687 sqft lot multi_family.
Is 374 Spring St a flip candidate?
No — 374 Spring St does not appear in our flips dataset.
Is 374 Spring St a tax-appeal candidate?
No — 374 Spring St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.6%
Implied 1-yr
-14.4%
2026 Q3
$1.12M
2026 Q4
$1.07M
ZIP 02840 — Median Price History + Forecast

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