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Off market
  • $2,109,500

    477 Thames St, Newport, RI 02840

    4beds
    0baths
    4,030sqft
    SingleFamily
    Built in 1900
    1,742 Square Feet Lot
    $2,109,500 Zestimate®
    $523/sqft
    $3,934 Estimated rent

    Home value

    $2,109,500

    $1.81M - $2.47M

    $3,934/mo

    Zestimate® history
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    Owner options

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    $3,934/mo

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    Rent Zestimate®

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    $10,237/mo

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    $10,237/mo

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    What's special

    Located in the heart of Lower Thames Street, this mixed-use commercial building is zoned Waterfront Business. The first floor space is a commercial retail space with two large front windows for display, high ceilings, half bath, and a large back room great for storage or an office. The second floor unit is a recently remodeled three bedroom, two bath apartment with plenty of space for guests and visitors. The third floor is a loft-style one bedroom apartment with vaulted ceilings, an open living and kitchen area, and doors leading out to the large deck with harbor views. Both units are turnkey and ready for guests. Huge income potential for this building, don't miss out on a rare opportunity to buy a building with this coveted zoning.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 0
    Heating
    • Forced air, Gas
    Appliances
    • Laundry: In Building
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 4,030 sqft

    Property

    Features
    • Exterior features: Wood
    Lot
    • Size: 1,742 sqft
    Details
    • Parcel number: NEWPM032B0126L4

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breaker, 200 Amps
    • Sewer: Connected

    Community & neighborhood

    Location
    • Region: Newport

    Other

    Other facts
    • FinishedFloor: Hardwood
    • BasementFinish: Unfinished
    • Electric: Circuit Breaker, 200 Amps
    • HeatingFuel: Gas
    • BasementType: Full
    • BasementAccess: Interior Only
    • HotWater: Tank
    • Type: Other
    • Plumbing: Copper, PVC, Mixed, Other
    • Laundry: In Building
    • PropertyType: 2-4 Units Multi Family
    • Sewer: Connected
    • SubsidizedHousing: 0
    • HeatPaidBy: Mixed
    • Exterior: Clapboard, Deck
    • UnderConstruction: 0
    • WaterSupply: Connected, Common Meter
    • HeatingSystem: Forced Water
    • Insulation: Unknown
    • Historic: Unknown
    • Cooling: Window Units
    • TimeShareYN: 0

    Price history

    DateEventPrice
    3/24/2021Listing removed--
    Source: Owner Report a problem
    1/29/2021Sold$1,040,000-13.3%$258/sqft
    Source: Public Record Report a problem
    4/28/2020Listing removed$1,200,000$298/sqft
    Source: Owner Report a problem
    4/7/2020Listed for sale$1,200,000+89.9%$298/sqft
    Source: RE/MAX Profnl. Newport, Inc. #1251238 Report a problem
    9/29/2015Sold$632,000+148.3%$157/sqft
    Source: Public Record Report a problem
    2/14/1992Sold$254,500$63/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,060 $1,401,100
    2024-- $1,401,100 +51.6%
    2023-- $924,400
    2022-- $924,400
    2021-- $924,400 +33%
    2020-- $695,000
    2019-- $695,000
    2018-- $695,000 +3.7%
    2017-- $670,200
    2016-- $670,200 -9.6%
    2015-- $741,000 -9.5%
    2010-- $818,800
    2009-- $818,800 +15.8%
    2008-- $706,900
    2007-- $706,900
    2006-- $706,900 +74.7%
    2002-- $404,600

    Find assessor info on the county website

    Neighborhood: Harbor/Lower Thames

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,109,500
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    Estimated market value
    $2,109,500