7 Sheffield Avenue Newport, RI $ 1,299,999
7 Sheffield Avenue
$ 1,299,999
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7 Sheffield Avenue

Newport, RI, 02840
$ 1,299,999
Bedrooms3 Baths3.0 Sq 2,079

Monthly Estimate*

$ 8,004

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Multi-Family Home for sale in Newport, RI

for $1,299,999 with 3 bedrooms and 3 full baths. This 2,079 square foot home was built in 1850 on a lot size of 0.113.

Thoughtfully renovated two-unit multi-family home with an oversized yard, perfect for various living arrangements or investment opportunities. This property has excellent curb appeal and offers a modern living with air conditioning, stunning sawn-face white oak and hickory floors throughout and in-unit laundry facilities as well as newly added off-street parking. The upper unit is a two-bedroom, two-bathroom duplex featuring two spacious decks with breathtaking bridge views with a true primary oasis on the upper level. The first-floor unit features one bedroom, one bathroom, and a versatile office space with views of the back yard. Each unit boasts separate outdoor spaces, ensuring privacy and comfort. Enjoy the convenience of off-street parking for four vehicles, making urban living hassle-free. The home is equipped with efficient separate heat/ac as well as separate water meters for each unit. A large full basement provides ample storage space with easy exterior access. Situated close to the vibrant Newport scene and the Navy base, this property is a perfect fit for owner-occupants, multi-generational living setups, or investors seeking a valuable addition to their portfolio. Current leases in place until Dec 31,2026

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Multi-Family Active

Price

$ 1,299,999

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,913

Style

Lot Size

0.113

Year Built

1850

Town/City

Newport

County/Region

Newport

MLS | Web ID

1413550

Features
General
Sewer Connected Public Sewer
Heating Baseboard Ductless Electric Forced Air Gas Heat Pump
Cooling Central Air Ductless
Utilities Sewer Connected
Possession Rental Agreement
Zoning R10
Garage Spaces 0
Patio/Porch Features Balcony Deck Patio Porch
Construction Materials Drywall Plaster Clapboard
Year Built 1850
Electric 200+ Amp Service
Property Subtype Multi Family
Tax Year 2026
Community Features Golf Marina Near Hospital Near Schools Pool Public Transportation Recreation Area Restaurant Shopping Tennis Court(s)
County Newport
Operating Expense 4593
New Construction false
Property Type Residential Income
Subdivision Name North End
Garage Y/N false
Total Rooms 12
Full Baths 3
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 3913.54
Virtual Tour https://tour.RiLiving.com/7-Sheffield-Avenue-Newport-RI-02840
Standard Status Active
Tax Assessed Value 476100
Tax Lot 111
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Interior
Interior Amenities Bathtub Interior Steps Stall Shower Tub Shower
Basement Full Unfinished
Flooring Ceramic Tile Hardwood
Total Fireplaces 0
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Window Features Thermal Windows
Fireplace Y/N false
Half Baths 0
Laundry Features In Unit
Total Bedrooms 3
Total Baths 3
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Exterior
Exterior Amenities Balcony Deck Porch Patio
Parking Features No Garage
Water Source Connected Multiple Meters Public
Total Parking 4
Inclusions Non-Resident / Non-Owner Occupied: $8.82 per $1 000 Resident / Owner-Occupied: $7.25 per $1 000 Year-Round Landlords: $8.22 per $1 000 (applies to landlords of residential properties of 3 units or less who rent to year-round Newport residents)
Lot Size Area 4922
Foundation Details Combination
Number of Buildings 1
Building Area Total 2079
Lot Size Acres 0.113
Covered Spaces 0
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* Excluded Features
List By
Lila Delman Compass

Broker

Karin.Jackson@LilaDelman.com

Email

Affordability Calculator

$8,330
Per Month
96%
4%
0%
Monthly Principal & Interest
$8,004
Monthly Property Taxes
$326
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
Pricing History
DatePricePrice ChangeDescription
5/26/2026$1,299,999 Listed Price

Map


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7 Sheffield Avenue, Newport, RI, 02840 is a Multi-Family Home for sale at $1,299,999 with 2,079 sqft and a lot size of 0.113. 7 Sheffield Avenue has 3 bedrooms, 3.0 baths, and was built in 1850. The property's zip code is 02840 which is in Newport, RI