Welcome to a unique investment opportunity at 668 Thames Street, nestled in the heart of historic Newport, Rhode Island. This multifaceted property offers a blend of charming residential units and superb location, making it an ideal choice for investors, developers, or those seeking a second home with income potential. 668 Thames Street is divided into three units, each offering 2 cozy bedrooms and 1 full bath. The top floor boasts an approved 2-bedroom Airbnb, perfect for tapping into Newport's bustling tourism market. The first-floor unit commands an impressive $3,200 monthly lease, while the second-floor unit is available on a month-to-month basis. Step beyond the main accommodations to discover a detached 4-car garage, thoughtfully partitioned for individual use—adding value and convenience for tenants or personal storage.You are within walking distance to an array of downtown amenities. Indulge in local restaurants, lush parks, prestigious yacht clubs, and marinas—all contributing to the allure of this prime real estate offering. Don't miss out on this versatile property that promises a blend of steady income and delightful living.
Sold for $1,750,000
$1,750,000
668 Thames St, Newport, RI 02840
6beds
2,592sqft
Multi Family
Built in 1900
-- sqft lot
$1,957,300 Zestimate®
$675/sqft
$3,387 Estimated rent
Home value
$1,957,300
$1.78M - $2.17M
$3,387/mo
Zestimate® history
Owner options
List your home for rent
$3,387/mo
Rent Zestimate®
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$3,387/mo
Rent Zestimate®
Refinance and save
$8,492/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$8,492/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Parker Sizeland 401-862-7428,
RE/MAX Profnl. Newport, Inc.,
Bill Sizeland 401-862-0784,
RE/MAX Profnl. Newport, Inc.
Bought with:
Edith Cushing, REB.0017022
RE/MAX Profnl. Newport, Inc.
Source: StateWide MLS RI,MLS#: 1354752
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Tub, Bath w Shower Stall
Heating
- Natural Gas, Forced Water
Cooling
- None
Appliances
- Included: Gas Water Heater, Dishwasher, Dryer, Microwave, Oven/Range, Washer
Features
- Wall (Dry Wall), Wall (Plaster), Cathedral Ceiling(s), Skylight, Plumbing (Copper), Plumbing (Mixed), Plumbing (PVC), Insulation (Walls)
- Flooring: Ceramic Tile, Hardwood
- Windows: Skylight(s)
- Basement: Full,Bulkhead,Unfinished,Storage Space,Utility
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,764
- Total interior livable area: 2,592 sqft
Property
Parking
- Total spaces: 5
- Parking features: Detached
- Garage spaces: 4
Features
- Stories: 3
- Waterfront features: Walk to Salt Water
Lot
- Size: 2,574 sqft
- Features: Corner Lot, 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, Plaster, Vinyl Siding
- Foundation: Stone
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Municipal
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Newport
- Subdivision: Fifth Ward
HOA & financial
HOA
- Has HOA: No
Other financial information
- Total actual rent: 5900
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2024 | Sold | $1,750,000-2.8%$675/sqft |
Source:  StateWide MLS RI #1354752 Report a problem | ||
| 8/5/2024 | Listing removed | -- |
Source: StateWide MLS RI #1354068 Report a problem | ||
| 7/11/2024 | Contingent | $1,800,000$694/sqft |
Source: StateWide MLS RI #1354752 Report a problem | ||
| 3/15/2024 | Listed for sale | $1,800,000+19.6%$694/sqft |
Source: StateWide MLS RI #1354752 Report a problem | ||
| 3/5/2024 | Listed for rent | $2,800$1/sqft |
Source: StateWide MLS RI #1354068 Report a problem | ||
| 2/21/2023 | Sold | $1,505,000-22.8%$581/sqft |
Source: StateWide MLS RI #1327462 Report a problem | ||
| 1/19/2023 | Pending sale | $1,950,000+30%$752/sqft |
Source:  RE/MAX International #1327464 Report a problem | ||
| 1/19/2023 | Contingent | $1,500,000-23.1%$579/sqft |
Source: StateWide MLS RI #1327462 Report a problem | ||
| 1/4/2023 | Price change | $1,950,000+30%$752/sqft |
Source: RE/MAX International #1327464 Report a problem | ||
| 1/3/2023 | Listed for sale | $1,500,000+222.6%$579/sqft |
Source: StateWide MLS RI #1327462 Report a problem | ||
| 3/31/2015 | Sold | $465,000-6.8%$179/sqft |
Source: Agent Provided Report a problem | ||
| 2/20/2015 | Price change | $499,000-9.1%$193/sqft |
Source: William Raveis #1086598 Report a problem | ||
| 2/5/2015 | Price change | $549,000-8.3%$212/sqft |
Source: William Raveis #1086598 Report a problem | ||
| 1/16/2015 | Listed for sale | $599,000$231/sqft |
Source: William Raveis #1086598 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: 1.2 mi
- 4/10Rogers High SchoolGrades: 9-12Distance: 0.5 mi
- 4/10Pell Elementary SchoolGrades: PK-4Distance: 2.4 mi
Get a cash offer in 3 minutes
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Estimated market value
$1,957,300
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
$1,957,300
- Rhode Island
- Newport County
- Newport
- 02840
- Fifth Ward
- 668 Thames St
Nearby cities
Nearby neighborhoods
Nearby zip codes
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