3 Sharon Court, Newport, Rhode Island 02840





Listed By Re/Max Results
The Multi Family Home for Sale located at Newport, Rhode Island 02840 is currently for sale. Newport, Rhode Island 02840 is listed for $995,000. This property has 4 bedrooms, 2 bathrooms, Marina Club features. If the property located at Newport, Rhode Island 02840 isn't what you're looking for, visit https://www.rilivingglobal.com to see other Multi Family Homes for Sale in Newport .
Date Updated : Aug 15, 2025
MLS#: 1392320
$995,000 USD
- TypeMulti Family Home
- Bedrooms4
- Bathrooms2
- Home/Lot size
153 m² (1,649 ft²)
Property features
Key features
- Marina Club
Construction details
- Year built: 1900
Other features
- Property features: Attic Basement Garage
- Appliances: Gas Water Heater Oven / Range Washer Microwave Refrigerator Dryer Dishwasher
- Heating system: Baseboard Natural Gas Gas Zoned
Area
- Property size:
153 m² (1,649 ft²) - Land/Lot size:
216 m² (2,320 ft²) - Bedrooms: 4
- Bathrooms: 2
- Total rooms: 6
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.
Location

All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination." We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.