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.
Sold for $995,000
$995,000
3 Sharon Ct, Newport, RI 02840
4beds
1,649sqft
Multi Family
Built in 1900
-- sqft lot
$1,014,000 Zestimate®
$603/sqft
$3,668 Estimated rent
Home value
$1,014,000
$831,000 - $1.24M
$3,668/mo
Zestimate® history
Owner options
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$4,828/mo
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List your homeWhat's special
New patioGas rangesOff-street parkingRefinished hardwood floorsUpdated bathroomsGranite countertopsOutdoor shower
Zillow last checked:
Listing updated:
Listed by:
Fitzpatrick Team 401-848-7827,
RE/MAX Results
Bought with:
Bev Cloutier, RES.0045810
HomeSmart Professionals
Source: StateWide MLS RI,MLS#: 1392320
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Features: Bath w Shower Stall
Heating
- Natural Gas, Baseboard, Forced Water, Gas Connected, Zoned
Cooling
- None
Appliances
- Included: Gas Water Heater, Tankless Water Heater, Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
- Laundry: In Building, In Unit
Features
- Plumbing (Mixed), Insulation (Ceiling), Insulation (Walls)
- Flooring: Hardwood, Vinyl
- Basement: Full,Interior Entry,Unfinished
- Attic: Attic Stairs, Attic Storage
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,649
- Total interior livable area: 1,649 sqft
Property
Parking
- Total spaces: 4
- Parking features: No Garage
Features
- Stories: 3
Lot
- Size: 2,321 sqft
Details
- Parcel number: NEWPM039B0403
- Zoning: R10
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Stone
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Marina, Public School, Recreational Facilities, Restaurants, Near Shopping, Near Swimming
Location
- Region: Newport
- Subdivision: Fifth Ward / Wellington
HOA & financial
Other financial information
- Total actual rent: 2200
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2025 | Sold | $995,000$603/sqft |
Source:  StateWide MLS RI #1392320 Report a problem | ||
| 9/28/2025 | Pending sale | $995,000$603/sqft |
Source: StateWide MLS RI #1392320 Report a problem | ||
| 8/26/2025 | Contingent | $995,000$603/sqft |
Source: StateWide MLS RI #1392320 Report a problem | ||
| 8/14/2025 | Listed for sale | $995,000+89.5%$603/sqft |
Source: StateWide MLS RI #1392320 Report a problem | ||
| 5/4/2023 | Listing removed | -- |
Source: StateWide MLS RI #1332832 Report a problem | ||
| 4/19/2023 | Listed for rent | $9,000+157.1%$5/sqft |
Source: StateWide MLS RI #1332832 Report a problem | ||
| 8/5/2018 | Listing removed | $3,500$2/sqft |
Source: Keller Williams Realty of Newport #1186346 Report a problem | ||
| 6/27/2018 | Price change | $3,500-16.7%$2/sqft |
Source: Keller Williams Realty of Newport #1186346 Report a problem | ||
| 4/7/2018 | Listed for rent | $4,200+223.1%$3/sqft |
Source: KELLER WILLIAMS RLTY NEWPORT #1186346 Report a problem | ||
| 3/14/2018 | Sold | $525,000-1.9%$318/sqft |
Source: StateWide MLS RI #1176476 Report a problem | ||
| 3/6/2018 | Pending sale | $535,000$324/sqft |
Source: Newport #1176476 Report a problem | ||
| 2/10/2018 | Price change | $535,000-2.7%$324/sqft |
Source: Newport #1176476 Report a problem | ||
| 1/14/2018 | Price change | $550,000-4.3%$334/sqft |
Source: Newport #1176476 Report a problem | ||
| 12/3/2017 | Price change | $575,000-4.2%$349/sqft |
Source: Newport #1176476 Report a problem | ||
| 11/7/2017 | Price change | $600,000-3.1%$364/sqft |
Source: Newport #1176476 Report a problem | ||
| 10/27/2017 | Listed for sale | $619,000+253.7%$375/sqft |
Source: KELLER WILLIAMS RLTY NEWPORT #1176476 Report a problem | ||
| 3/15/2016 | Listing removed | $1,300$1/sqft |
Source: Teri Degnan Real Estate Report a problem | ||
| 2/13/2016 | Listed for rent | $1,300$1/sqft |
Source: Teri Degnan Real Estate Report a problem | ||
| 5/18/2012 | Sold | $175,000+3.6%$106/sqft |
Source: Public Record Report a problem | ||
| 3/29/2012 | Listed for sale | $169,000$102/sqft |
Source: Prudential Prime Properties of Rhode Island #1013542 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,661 -12.7% | $788,500 |
| 2024 | $6,481 +32.9% | $788,500 +55.4% |
| 2023 | $4,876 | $507,400 |
| 2022 | $4,876 +3% | $507,400 |
| 2021 | $4,734 +11.3% | $507,400 +22.6% |
| 2020 | $4,255 | $413,900 |
| 2019 | $4,255 +2.9% | $413,900 |
| 2018 | $4,135 +12.5% | $413,900 +26.3% |
| 2017 | $3,674 +2.6% | $327,700 |
| 2016 | $3,582 +2.4% | $327,700 |
| 2015 | $3,497 +2.1% | $327,700 +15.4% |
| 2014 | $3,425 +20.3% | $284,000 +13.3% |
| 2012 | $2,847 +7.8% | $250,600 -5.8% |
| 2011 | $2,642 +3.9% | $266,100 |
| 2010 | $2,544 +0.4% | $266,100 |
| 2009 | $2,533 -16.6% | $266,100 -24% |
| 2008 | $3,037 +3.9% | $350,300 |
| 2007 | $2,922 +4% | $350,300 |
| 2006 | $2,809 +17.1% | $350,300 +108.6% |
| 2005 | $2,399 +11.2% | $167,900 |
| 2002 | $2,158 | $167,900 |
Find assessor info on the county website
Neighborhood: Fifth Ward
Nearby schools
GreatSchools rating
- 3/10Frank E. Thompson Middle SchoolGrades: 5-8Distance: 1.1 mi
- 4/10Rogers High SchoolGrades: 9-12Distance: 0.6 mi
- 4/10Pell Elementary SchoolGrades: PK-4Distance: 2.3 mi
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Estimated market value
$1,014,000
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Estimated market value
$1,014,000
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