626 Thames Street, Newport, RI 02840
Local realty services provided by:CENTURY 21 Guardian Real Estate Services
Listed by: lauren mailloux, hunter parker
Office: our real estate
MLS#:1419872
Source:RI_STATEWIDE
Price summary
- Price:$2,195,000
- Price per sq. ft.:$527.01
About this home
Located in the heart of Newport's vibrant Lower Thames Street district, 624-626 Thames Street presents a rare opportunity to own a three-unit income-producing property in one of the city's most desirable locations. Updated living spaces blend modern finishes with Newport charm, while the first-floor unit is currently configured for residential use and offers additional value-add potential. Off-street parking for up to five vehicles and a detached garage provide amenities rarely found downtown. Significant property improvements include a new roof in 2022, replacement of the boiler and hot water tank in 2023, and updated electrical service. Situated just steps from Newport Harbor, renowned restaurants, shopping, and attractions, the property offers exceptional flexibility and income potential while combining residential versatility with commercial potential in the Limited Business (LB) Zone, creating opportunities for future use and configuration subject to buyer due diligence and applicable approvals. Property benefits from a valid Transient Guest Facility license, allowing for legal short-term rental operations in accordance with applicable state and local regulations....
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Home facts
- Year built:1918
- Subdivision & Development:Downtown - Fifth Ward
- Listing ID #:1419872
- Added:1 day(s) ago
- Updated:August 07, 2026 at 05:11 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:7
- Full bathrooms:6
- Half bathrooms:1
- Rooms Total:20
- Flooring:Hardwood
- Basement:Yes
- Basement Description:Full, Interior Entry, Unfinished
- Living area:4,165 sq. ft.
Heating and cooling
- Cooling:Window Units
- Heating:Baseboard, Electric, Gas, Hot Water
Structure and exterior
- Year built:1918
- Building area:4,165 sq. ft.
- Lot area:0.06 Acres
- Construction Materials:Shingle Siding
Utilities
- Water:Connected, Public
- Sewer:Connected, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$2,195,000
- Price per sq. ft.:$527.01
- Tax amount:$9,428 (2025)
Features and amenities
- Laundry features:In Unit
- Amenities:Gas Water Heater
Parking
- Total parking spaces:6
- Parking description:Attached, Garage
- Garage:Yes
- Garage spaces:1
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