Discover a rare offering in one of Newport’s most desirable downtown locations. This thoughtfully updated multi-family property includes three distinct spaces across connected addresses: 602 Thames Street, 604 Thames Street, and 4 Dixon Street - combining residential versatility with commercial potential in the LB zone. The street-level storefront at 602 Thames offers excellent visibility and foot traffic, ideal for retail, gallery, or office use. Above, 604 Thames features a beautifully renovated 3-bedroom, 2-bathroom residence with hardwood floors throughout, abundant natural light, modern finishes, and a brand new washer and dryer. 602 and 604 Thames have brand-new exterior vinyl, adding to the property’s curb appeal and low-maintenance durability. At 4 Dixon Street, a separate single-level 2-bedroom, 1-bath unit provides additional income potential or private guest accommodations and also includes a brand-new washer/dryer. Both residences share an inviting outdoor space, perfect for relaxing or entertaining. Completing the property is a 462 square foot two-car temperature controlled garage on McAllister Street with a new roof, doors, flooring, and sheetrock - certainly a rare find in this area. Located just steps from Newport’s acclaimed restaurants, shops, and waterfront, this property combines convenience, style, and investment potential. Being sold furnished with a few exclusions.
Sold for $1,875,000
$1,875,000
604 Thames St #4-&, Newport, RI 02840
5beds
2,631sqft
Multi Family
Built in 1870
-- sqft lot
$1,890,300 Zestimate®
$713/sqft
$3,443 Estimated rent
Home value
$1,890,300
$1.55M - $2.31M
$3,443/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Jessica Chase 401-849-3000,
Gustave White Sotheby's Realty
Bought with:
Marielle Clair, RES.0048292
Stay Newport Real Estate LLC
Brianna Ferrara, REB.0201149
Stay Newport Real Estate LLC
Source: StateWide MLS RI,MLS#: 1407168
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Bathroom
- Features: Bath w Shower Stall, Bath w Tub & Shower
Heating
- Oil, Forced Water
Cooling
- Wall Unit(s)
Appliances
- Included: Electric Water Heater, Dishwasher, Dryer, Range Hood, Microwave, Oven/Range, Refrigerator, Washer
- Laundry: In Unit
Features
- Wall (Dry Wall), Stairs, Plumbing (PVC), Insulation (Ceiling), Insulation (Floors), Insulation (Walls), Ceiling Fan(s)
- Flooring: Hardwood
- Basement: Full,Interior Entry,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,930
- Total interior livable area: 2,631 sqft
Property
Parking
- Total spaces: 3
- Parking features: Detached
- Garage spaces: 2
Features
- Stories: 3
- Waterfront features: Walk to Salt Water, Walk To Water
Lot
- Size: 3,484 sqft
- Features: Sidewalks
Details
- Zoning: LB
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Shingles, Vinyl Siding, Wood
- Foundation: Mixed
Condition
- New construction: No
- Year built: 1870
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
Location
- Region: Newport
- Subdivision: Downtown
HOA & financial
Other financial information
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 3/23/2026 | Sold | $1,875,000-3.8%$713/sqft |
Source:  StateWide MLS RI #1407168 Report a problem | ||
| 11/1/2025 | Listed for sale | $1,950,000$741/sqft |
Source: StateWide MLS RI #1397512 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Fifth Ward
Nearby schools
GreatSchools rating
- 3/10Frank E. Thompson Middle SchoolGrades: 5-8Distance: 1.1 mi
- 4/10Rogers High SchoolGrades: 9-12Distance: 0.7 mi
- 4/10Pell Elementary SchoolGrades: PK-4Distance: 2.3 mi
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Estimated market value
$1,890,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,890,300
- Rhode Island
- Newport County
- Newport
- 02840
- Fifth Ward
- 604 Thames St Unit 4-&
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