626 Thames Street, Newport, RI 02840

Newport
Local realty services provided by:ERA Empire Real Estate
626 Thames Street,Newport, RI 02840
$2,195,000
Virtual Tour
  • 9 Beds
  • 7 Baths
  • 4,165 sq. ft.
  • Multi-family
  • Active
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...

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Home facts

  • Year built:1918
  • Subdivision & Development:Downtown - Fifth Ward
  • Listing ID #:1419872
  • Added:5 day(s) ago
  • Updated:August 11, 2026 at 10:02 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
MLS LogoThe data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than ERA Empire Real Estate are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 State-Wide MLS, Inc. All rights reserved. Date Last Update: August 11, 2026

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