3 Sharon Court, Newport, RI 02840 - Photo 1

1/1

$995,000

Sold
Closed
Multi-Family
2 Units
4 Total Beds
0.0533 Acres

1/1

Property 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.

Full Property Details

Full Property Details for 3 Sharon Ct

General

Sold For: $995,000
Taxes: $6,481 (2024)
Status: Closed
Type: Multi-Family
Source: STWMLS
MLS ID: 1392320
Added to Site: 200 day(s) ago

Interior

Number of Rooms: 8
Interior Features: Attic, Permanent Attic Stairs, Storage, Stall Shower
Fireplace(s): None
Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
Flooring: Hardwood, Vinyl

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 4

Other Rooms

Laundry: Common Area, In Unit

Parking

Total Spaces: 4
Parking Features: No Garage

Location

County: Newport
Subdivision: Fifth Ward / Wellington

Heating & Cooling

Cooling Type: None
Heating Type: Baseboard, Gas, Hot Water, Zoned

Utilities

Sewer: Connected, Public Sewer
Water: Connected, Public
Utility Description: Sewer Connected

Structural Information

# Buildings: 1
Detached/Attached: Detached
Construction: Vinyl Siding
Basement: Yes
Basement Desc.: Full, Interior Entry, Unfinished
Stories/Levels: 3
Building Size: 1649
Finished Total: 1,649 Sq. Ft.
Finished Above Grnd: 1,649 Sq. Ft.
Year Built: 1900

Lot Features

Lot Size (Acres): 0.0533
Lot Size (Sq. Ft.): 2,320
Lot Size: 2320

Financial Considerations

Tax Amount: $6,481
Tax Year: 2024
Tenant Pays: Hot Water

Disclosures and Reports

Inclusions: Unit 1 is leased through May 2026. Unit 2 is currently unoccupied. Seller prefers a mid-October closing and to convey the property fully furnished.
Property ID: 3SHARONCTNEWP
Lot Number: 403

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Sold by HomeSmart Professionals

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Schools

Schools serving 3 Sharon Ct

School District:Newport School District, Newport, RI

Name	Grades	Distance
Rogers High School 15 Wickham Road, Newport, RI 02840	9-12	0.6 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3 Sharon Ct

Date

Details

Price

Change

Source

10/31/2025

Sold

$995,000

—

MLS

8/14/2025

Listed

$995,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

206 Reservoir Rd, Middletown, RI 02842 - Photo 1

Just Listed

$989,900

206 Reservoir Rd Middletown, RI 02842

Single Family
Active
Updated 5 days ago

4
Beds
2
Total Baths
1,750
Sq. Ft.

30 Crest Ave, Narragansett, RI 02882 - Photo 1

Just Listed

$950,000

Open House

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Single Family
Active
Updated 1 day ago

3
Beds
3
Total Baths
2,980
Sq. Ft.

262 Wood Hill Rd, Narragansett, RI 02882 - Photo 1

Just Listed

$999,900

262 Wood Hill Rd Narragansett, RI 02882

Single Family
Active
Updated 4 days ago

3
Beds
2
Total Baths
1,707
Sq. Ft.

54 Othmar St, Narragansett, RI 02882 - Photo 1

Just Listed

$979,000

54 Othmar St Narragansett, RI 02882

Single Family
Active
Updated 2 days ago

3
Beds
2
Total Baths
1,991
Sq. Ft.

35 Cathy Cir, Portsmouth, RI 02871 - Photo 1

Price Reduced

-$14,000 (-5.41%)

$245,000

35 Cathy Cir Portsmouth, RI 02871

Single Family
Active
Updated 2 days ago

3
Beds
2
Total Baths
1,350
Sq. Ft.

9 Cutter Ln, Tiverton, RI 02878 - Photo 1

Price Reduced

-$100,000 (-9.13%)

$995,000

9 Cutter Ln Tiverton, RI 02878

Condo
Active
Updated 5 days ago

3
Beds
4
Total Baths
3,170
Sq. Ft.

36 S County Commons Way, South Kingstown, RI 02879 - Photo 1

Price Reduced

-$25,000 (-20%)

$100,000

36 S County Commons Way #C-4 South Kingstown, RI 02879

Business
Active

Price Reduced

-$4,000 (-1.49%)

$265,000

68 Ln 5 Warwick, RI 02888

Single Family
Active
Updated 5 minutes ago

1
Bed
1
Total Bath
863
Sq. Ft.

29 Bacheller St, Newport, RI 02840 - Photo 1

Sold

$925,000

29 Bacheller St Newport, RI 02840

Single Family
Closed

3
Beds
2
Total Baths
1,134
Sq. Ft.

36 Connection St, Newport, RI 02840 - Photo 1

Sold

$1,100,000

36 Connection St Newport, RI 02840

Multi-Family
Closed

2
Units
4
Total Beds
0.1561
Acres

17 Dearborn St, Newport, RI 02840 - Photo 1

Sold

$855,000

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Multi-Family
Closed

2
Units
4
Total Beds
0.08
Acres

13 Vaughan Ave, Newport, RI 02840 - Photo 1

Sold

$927,500

13 Vaughan Ave Newport, RI 02840

Single Family
Closed

3
Beds
3
Total Baths
1,310
Sq. Ft.

3 Sharon Court, Newport, RI 02840 (MLS# 1392320) is a Multi-Family property that was sold at $995,000 on October 31, 2025. Want to learn more about 3 Sharon Court? Do you have questions about finding other Multi-Family real estate for sale in Newport? You can browse all Newport real estate or contact a Coldwell Banker agent to request more information.

3 Sharon Ct Newport, RI 02840