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629 Thames Street Newport, RI $ 1,200,000
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$ 1,200,000 Get more info
629 Thames Street
$ 1,200,000
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Recently Listed
Open House 3/29 11am - 1pm
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629 Thames Street

Newport, RI, 02840
$ 1,200,000
Bedrooms4 Baths2.0 Sq 1,331

Monthly Estimate*

$ 7,389

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Multi-Family Home for sale in Newport, RI

for $1,200,000 with 4 bedrooms and 2 full baths. This 1,331 square foot home was built in 1880 on a lot size of 0.113.

Located on iconic Thames Street in the heart of Newport, this fully updated two-unit multifamily offers strong income potential and an unbeatable location just steps to shops, restaurants, and the waterfront. The property consists of two units: one 3-bedroom, 1-bath and one 1-bedroom, 1-bath. Both units have been renovated with updated kitchens featuring new cabinetry, granite countertops, and appliances, along with refreshed bathrooms. Additional improvements include interior and exterior painting and many other recent upgrades throughout. Exterior enhancements allow for off-street parking for up to four vehicles. Turnkey condition in a prime downtown location is ideal for investors or owner-occupants.

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Open House

3/29/2026 11:00 AM - 1:00 PM
629 Thames Street Newport, RI
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
Multi-Family Active

Price

$ 1,200,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,297

Style

Lot Size

0.113

Year Built

1880

Town/City

Newport

County/Region

Newport

MLS | Web ID

1407162
Features
General
Sewer Connected
Heating Baseboard Gas Radiant
Cooling None
Utilities Sewer Connected
Possession Immediately
Garage Spaces 0
Construction Materials Drywall Clapboard Wood Siding
Year Built 1880
Electric 200+ Amp Service Circuit Breakers
Property Subtype Multi Family
Tax Year 2026
Waterfront Features Walk to Water
Community Features Golf Highway Access Marina Near Hospital Near Schools Pool Public Transportation Recreation Area Restaurant Shopping Tennis Court(s)
County Newport
Operating Expense 0
New Construction false
Property Type Residential Income
Subdivision Name Thames/ Fifth Ward
Garage Y/N false
Total Rooms 9
Full Baths 2
Status Active
City Newport
Senior Community Y/N false
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 4922
Land Lease Y/N false
Tax Annual Amount 6297
Virtual Tour https://tour.RiLiving.com/629-Thames-Street-Newport-RI-02840
Standard Status Active
Tax Assessed Value 877300
Tax Lot 073
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Interior
Interior Amenities Interior Steps Skylights Tub Shower
Basement Exterior Entry Full Interior Entry Unfinished
Flooring Carpet Hardwood Laminate
Total Fireplaces 0
Fireplace Features None
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Window Features Skylight(s)
Fireplace Y/N false
Half Baths 0
Laundry Features Common Area
Total Bedrooms 4
Total Baths 2
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Exterior
Parking Features No Garage
Water Source Connected
Total Parking 4
Inclusions For recent updates on the home please see the attached supplement titled ‘Recent Updates'
Lot Size Area 4922
Number of Buildings 1
Building Area Total 1331
Lot Size Acres 0.113
Covered Spaces 0
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* Excluded Features
List By
Exp Realty

Broker

hello@slocumhometeam.com

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Affordability Calculator

$7,913
Per Month
93%
7%
0%
Monthly Principal & Interest
$7,389
Monthly Property Taxes
$525
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
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Pricing History
DatePricePrice ChangeDescription
3/26/2026$1,200,000 Listed Price

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629 Thames Street, Newport, RI, 02840 is a Multi-Family Home for sale at $1,200,000 with 1,331 sqft and a lot size of 0.113. 629 Thames Street has 4 bedrooms, 2.0 baths, and was built in 1880. The property's zip code is 02840 which is in Newport, RI

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