388 Spring St, Newport, RI 02840
OFF MARKET

$1,545,500

Trulia Estimate
  • 5 Beds
  • 4 Baths
  • 3,492 sqft

388 Spring St, Newport, RI 02840

Memorial Boulevard
Est. Refi. Payment $9,052/mo*
Refinance Your Home
Currently Off Market - Sold Sep 22, 2000 for $250,000

Home Value

Trulia Estimate
$1.55M
Since last month
Increased$87K (+5.9%)
Since last year
Increased$173K (+12.6%)
Since last sale
Increased$1M (+518.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +157% in the last 10 years
MonthEstimated value
2026
August 2026$1.55M
August 2026$1.55M
July 2026$1.46M
June 2026$1.53M
May 2026$1.43M
April 2026$1.44M
March 2026$1.42M
February 2026$1.39M
January 2026$1.41M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
27 Dean Ave, Newport, RI
0.14
Multi-Family Home
$1,350,000
03/03/26
6
3
2,736
13 Dean Ave, Newport, RI
0.15
Multi-Family Home
$1,515,000
12/23/25
5
4
2,452
75 Pope St, Newport, RI
0.04
Multi-Family Home
$1,342,000
04/19/26
4
2
2,824
53 John St, Newport, RI
0.29
Multi-Family Home
$1,837,500
10/20/25
7
4
3,209
604 Thames St #4-&, Newport, RI
0.28
Multi-Family Home
$1,875,000
03/23/26
5
3.5
2,631
28 Young St, Newport, RI
0.14
Multi-Family Home
$1,410,000
12/30/25
6
3
2,405
18 3&4 Barney Saint Barney Ct, Newport, RI
0.41
Multi-Family Home
$1,845,000
09/30/25
6
4
4,192
27-29 Franklin St, Newport, RI
0.36
Multi-Family Home
$1,805,000
09/30/25
5
4
3,445
17 Dearborn St, Newport, RI
0.11
Multi-Family Home
$855,000
09/22/25
4
2
2,136
24 Houston Ave, Newport, RI
0.41
Multi-Family Home
$1,350,000
04/17/26
4
3
2,004

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
71 Pope St, Newport, RI 02840
0.03
$1,750,000
3
2.5
1,953
Recently Sold
66 Pope St, Newport, RI 02840
0.03
$1,081,600
3
2
1,660
Off Market
75 Pope St, Newport, RI 02840
0.04
$1,342,000
4
2
2,824
Recently Sold
29 Anthony St, Newport, RI 02840
0.04
$950,000
3
2
1,332
For Sale
30 S Baptist St, Newport, RI 02840
0.06
$875,000
3
1.5
1,176
Recently Sold
20-22 Anthony St, Newport, RI 02840
0.06
$655,600
5
2
2,306
Off Market
53 Dearborn St #53, Newport, RI 02840
0.08
$1,914,900
4
3.5
2,801
Off Market
359 Spring St, Newport, RI 02840
0.06
$1,862,400
5
4
3,000
Off Market
30 Perry St, Newport, RI 02840
0.09
-
5
5
3,904
Off Market
352 Spring St, Newport, RI 02840
0.07
$4,500,000
10
11
6,338
Recently Sold
426 Spring St #104, Newport, RI 02840
0.09
$982,600
2
2
1,062
Off Market
426 Spring St #B101, Newport, RI 02840
0.09
$950,000
2
2
1,474
For Sale

Local Information

  • Map ViewExplore the area around 388 Spring St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1890
Living Area
3,492 sqft
Price/Sqft
$443
Parking
Garage

About this House

This multi-family home is located at 388 Spring St, Newport, RI. 388 Spring St is in the Memorial Boulevard neighborhood in Newport, RI and in ZIP code 02840. This property has 5 bedrooms, 4 bathrooms and approximately 3,492 sqft of floor space. This property has a lot size of 5227 sqft and was built in 1890.
388 Spring St, Newport, RI 02840 is a 5 bedroom, 4 bathroom, 3,492 sqft multi-family in Memorial Boulevard, built in 1890. It last sold for $250,000 on Sep 22, 2000. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,545,500, with a rent estimate of $3,862/month.

Home Details for 388 Spring St

Interior Features

Heating & Cooling
Heating: GasHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 3
Interior Details
Number of Rooms: 12

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Wood
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1890Year Updated: 1992
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Community

Units in Building: 3

Lot Information

Lot Area: 5227 sqft

Price and Tax history

DateEventPrice
Sep 22, 2000
Source: N/A
Sold
$250,000
Mar 13, 1998
Source: N/A
Sold
$173,000
May 17, 1991
Source: N/A
Sold
$160,000

Market trends in Newport

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
75

Around this home

Neighborhood Overview

Memorial Boulevard
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Memorial Boulevard

At least 28 Trulia users voted on each feature.

  • 92 % Say there are sidewalks

  • 91 % Say it's dog friendly

  • 91 % Say it's walkable to restaurants

  • 83 % Say people would walk alone at night

  • 79 % Say it's walkable to grocery stores

  • 67 % Say yards are well-kept

  • 67 % Say there's holiday spirit

  • 56 % Say streets are well-lit

  • 54 % Say neighbors are friendly

  • 47 % Say they plan to stay for at least 5 years

  • 45 % Say kids play outside

  • 43 % Say there's wildlife

  • 34 % Say car is needed

  • 29 % Say there are community events

  • 29 % Say it's quiet

  • 26 % Say parking is easy

Sourced by Trulia users. Learn more about our methodology.
  • Julie G.
    "It is near the cliff walk. Its away from downtown. Easy back roads to get in and out of town. Memorial/ Annandale are so congested with traffic. DO NOT STREET PARK, YOUR CAR WILL BE HIT."
    12
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 388 Spring St

  • What is 388 Spring St estimated to be worth?
    Trulia's estimated value for 388 Spring St in Newport, RI is $1,545,500.
  • What is the price history for 388 Spring St?
    388 Spring St in Newport, RI last sold for $250,000 in September 2000.
  • Is Newport a buyer's or seller's market?
    Newport is currently a balanced market, based on recent for-sale activity.
  • What do residents say about the Memorial Boulevard neighborhood?
    Residents describe the Memorial Boulevard neighborhood in Newport, RI as pedestrian-friendly, dog-friendly, and walkable to restaurants. See recently sold homes in Memorial Boulevard, Newport.

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Apartments for Rent

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Off Market Homes Near 388 Spring St

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