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Multi family home for sale at 424 Thames St, Newport, RI 02840 | MLS# 1423765 | Listing updated on 2026-09-19
Photo 1 of Multi family home for sale at 424 Thames St, Newport, RI 02840 | MLS# 1423765 | Listing updated on 2026-09-19
Photo 2 of Multi family home for sale at 424 Thames St, Newport, RI 02840 | MLS# 1423765 | Listing updated on 2026-09-19
Photo 3 of Multi family home for sale at 424 Thames St, Newport, RI 02840 | MLS# 1423765 | Listing updated on 2026-09-19
Photo 4 of Multi family home for sale at 424 Thames St, Newport, RI 02840 | MLS# 1423765 | Listing updated on 2026-09-19
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$2,195,000

Monthly Est:$10,925

  • Beds Icon3 Beds
  • Beds Icon
    5 Baths
  • Beds Icon4,306sqft

424 Thames St, Newport, RI 02840

$10,925/moEst:

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  • Multi Family

  • Built in 1835

  • $-- HOA

  • 1,307 sqft lot

  • $510/sq.ft

Description

424 Thames Street presents a rare opportunity to acquire a mixed-use income-producing property in the heart of Newport's vibrant Lower Thames district. The property features two street-level commercial spaces currently occupied by established retail and service tenants, complemented by a spacious three-bedroom, three-bath residential unit currently operated as a short-term rental. This diversified configuration offers multiple income streams within one of Newport's most active commercial and hospitality corridors. Recent improvements include fresh exterior paint and new decking, highlighted by an incredible rooftop deck offering views of Newport Harbor and the Pell Bridge...

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  • Houzeo last checked: 2 minutes ago
  • Listing updated: September 19, 2026 at 2:46 pm
  • Listing Provided by: Lauren Mailloux (401) 835-7778 DRE #REC.0018779, Hunter Parker (508) 858-9947 DRE #RES.0045309 | Our Real Estate (401) 835-7778
  • Source: RI StateWide MLS-RI | MLS#: 1423765 RI StateWide MLS-RI

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Newport County

  • City

    Newport

  • Neighborhood

    --

  • Year Built

    1835

  • HOA Fees

    -

  • Finished Area

    4,306 sqft

  • Lot Size

    1,307 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    RI StateWide MLS

  • MLS Number

    1423765

  • MLS Status

    Active

  • Days on Market

    1

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Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 3

    Bathrooms: 5

Interior

  • Sewer

    Connected, Public Sewer

  • Heating

    Baseboard, Gas

  • Flooring

    Hardwood

  • Cooling

    Window Units

  • Appliances

    Gas Water Heater

Construction

  • Year Built

    Year Built: 1835

  • Home type

    Multi Family

  • Construction Materials

    Wood Siding

Utilities & Energy

  • Electric

    Amps200or More

  • Utilities

    Sewer Connected

  • Basement

    Full, Unfinished

  • Parking Features

    No Garage

  • Water Source

    Connected, Public

Other Features

  • Subdivision Name

    Downtown Thames

Price History

DateEventPrice

09/19/2026

Source: mls_logoRI StateWide MLS-RI #1423765

Listed for Sale

$2,195,000 +46.33%

$510/sqft

06/28/2022

Source: mls_logoRI StateWide MLS-RI #1314184

Price Increased

$1,500,000 +150.04%

$348/sqft

09/27/2012

Source: mls_logoRI StateWide MLS-RI #1010221

Sold

$599,900 +21.44%

$139/sqft

09/27/2012

Source: mls_logoRI StateWide MLS-RI #1010221

Price Decreased

$494,000 -27.30%

$115/sqft

10/07/2011

Source: mls_logoRI StateWide MLS-RI #973185

Listing Removed

$679,500 +98.39%

$158/sqft

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Based on information from State-Wide MLS through Sep 20, 2026, 01:15PM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 State-Wide MLS, Inc. All rights reserved.

Advertising Broker: Derek Greene | The Greene Realty Group

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