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$1,875,000
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Property Description
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.
Full Property Details
Full Property Details for 604 Thames & 4 Dixon St
General
- Sold For: $1,875,000
- Taxes: $5,883 (2025)
- Status: Closed
- Type: Multi-Family
- Source: STWMLS
- MLS ID: 1407168
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: Interior Steps, Stall Shower, Tub Shower, Furnished
- Fireplace(s): None
- Appliances: Common Water Heater, Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: In Unit
Additional Information
- Tennis: Yes
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 3
- Parking Features: Detached, Garage
Location
- County: Newport
- Subdivision: Downtown
- Near Highway: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ductless, Wall Unit(s)
- Heating Type: Hot Water, Oil
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 3
- Architectural Style: Stacked, Side By Side
- Detached/Attached: Detached
- Construction: Drywall, Shingle Siding, Vinyl Siding, Wood Siding
- Basement: Yes
- Basement Desc.: Full, Interior Entry, Unfinished
- Stories/Levels: 3
- Building Size: 2930
- Finished Total: 2,930 Sq. Ft.
- Finished Above Grnd: 2,930 Sq. Ft.
- Year Built: 1870
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,485
- Lot Size: 3485
- Sidewalks: Yes
Water Features
- Water Front Desc.: Walk to Water
Financial Considerations
- Tax Amount: $5,883
- Tax Year: 2025
Disclosures and Reports
- Inclusions: No P&L due to the apartments being used by family. Storefront is vacant. Owner has submitted application for short-term rentals. Property being sold furnished only - owners will remove a few select personal items.
- Property ID: 604THAMES&4DIXONSTNEWP
- Lot Number: 83
Listed by Gustave White Sotheby's Realty
Sold by Stay Newport Real Estate LLC
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Schools
Schools serving 604 Thames & 4 Dixon St
School District:Newport School District, Newport, RI
| Name | Grades | Distance |
|---|---|---|
Frank E. Thompson Middle School 55 Broadway, Newport, RI 02840 | 5-8 | 1.1 mi |
Pell Elementary School 35 Dexter Street, Newport, RI 02840 | PK-4 | 2.3 mi |
Rogers High School 15 Wickham Road, Newport, RI 02840 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 604 Thames & 4 Dixon St
Date
Details
Price
Change
Source
3/23/2026
Sold
$1,875,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
604 Thames & 4 Dixon Street, Newport, RI 02840 (MLS# 1407168) is a Multi-Family property that was sold at $1,875,000 on March 23, 2026. Want to learn more about 604 Thames & 4 Dixon Street? 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.

