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Listed price in listed location currency (USD).
$995,000
$995,000

424

MLS® 1392320

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 1649 sqft
Garage No
Taxes $6,481
Lot Size 0.0533 acres
Approx. Age 1900
Avg. Price Per Sqft $603
MLS® Number 1392320

Property Address: 3 Sharon Ct, Newport, RI, 02840-3933

Average square foot calculated using Size range provided by listing agent.

Description

3 Sharon Court is an updated duplex in a prime downtown Newport location, just three doors off Thames Street. This turnkey multi-family property includes off-street parking for up to 4 cars, separate utilities, and individual laundry for each unit, making it a standout opportunity for both investors and owner-occupants. The property features two 2-bedroom, 1-bathroom units. One is leased through May 2026, providing immediate rental income, while the other is vacant and ready for occupancy. Recent updates include a roof replaced five years ago, new PVC plumbing, updated electrical systems, a new patio, an outdoor shower, and low-maintenance vinyl siding. Unit 1 has a newly installed Navien combi-boiler system (less than a year old), providing efficient heating and hot water. Both units feature refinished hardwood floors, updated bathrooms, and kitchens with stainless steel appliances, gas ranges, and granite countertops. Separate utilities keep owner expenses to a minimum, with tenants responsible for utility costs. The seller prefers to sell the property furnished, making it an ideal turnkey option for buyers. One block from Newport Harbor, great restaurants, and local shops, THIS is the one you've been waiting for.
MLS® Number1392320
Laundry LevelCommon Area, In Unit
Central VacNo
FireplaceNo
Acreage0.0533
Exterior
GarageNo
Approx. Age1900
BasementFull, Interior Entry, Unfinished
DrivewayNo Garage
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Unit 1 is leased through May 2026. Unit 2 is currently unoccupied. Seller prefers a mid-October closing and to convey the property fully furnished.

Price History

Sep 28, 2025End Date
$995,000Sold Price

Sold

Aug 14, 2025List Date
$995,000List Price
  • Commute

Commute

Starting Address
Destination Address
3 Sharon Ct, Newport, RI

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