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$1,200,000
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Property Description
A rare opportunity in the heart of downtown Newport, this fully updated two unit multifamily offers an exceptional Thames Street location just steps from the waterfront, restaurants, shops, and Newport's vibrant harbor lifestyle. A standout feature for this area is off street parking for up to four vehicles, offering a level of convenience rarely found downtown. Whether used as an owner-occupied residence, investment property, or flexible coastal retreat, this turnkey property offers location, charm, and convenience in one of Newport's most sought-after areas.
Full Property Details
Full Property Details for 629 Thames St
General
- Price: $1,200,000
- Taxes: $6,297 (2026)
- Status: Active
- Type: Multi-Family
- Source: STWMLS
- MLS ID: 1407162
- Updated: 5/13/2026
- Added to Site: 53 day(s) ago
Interior
- Number of Rooms: 9
- Interior Features: Interior Steps, Skylights, Tub Shower
- Fireplace(s): None
- Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Washer
- Flooring: Carpet, Hardwood, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Common Area
Additional Information
- Tennis: Yes
Parking
- Total Spaces: 4
- Parking Features: No Garage
Location
- County: Newport
- Subdivision: Thames/ Fifth Ward
- Near Highway: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Gas, Radiant
Utilities
- Sewer: Connected
- Water: Connected
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Architectural Style: Stacked
- Detached/Attached: Detached
- Construction: Drywall, Clapboard, Wood Siding
- Basement: Yes
- Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
- Windows: Skylight(s)
- Stories/Levels: 3
- Building Size: 1331
- Finished Total: 1,331 Sq. Ft.
- Finished Above Grnd: 1,331 Sq. Ft.
- Year Built: 1880
Lot Features
- Lot Size (Acres): 0.113
- Lot Size (Sq. Ft.): 4,922
- Lot Size: 4922
Water Features
- Water Front Desc.: Walk to Water
Financial Considerations
- Tax Amount: $6,297
- Tax Year: 2026
Disclosures and Reports
- Inclusions: For recent updates on the home, please see the attached supplement titled ‘Recent Updates'
- Property ID: 629THAMESSTNEWP
- Lot Number: 73
Listed by eXp Realty
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Schools
Schools serving 629 Thames St
School District:Newport School District, Newport, RI
| Name | Grades | Distance |
|---|---|---|
Frank E. Thompson Middle School 55 Broadway, Newport, RI 02840 | 5-8 | 1.2 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 629 Thames St
Date
Details
Price
Change
Source
3/23/2026
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 629 Thames St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,623
6%
$877,300
—
2024
$7,211
29%
$877,300
55%
2023
$5,606
3%
$565,100
—
2022
$5,431
3%
$565,100
—
2021
$5,272
22%
$565,100
34%
2020
$4,327
—
$420,900
—
2019
$4,327
3%
$420,900
—
2018
$4,205
13%
$420,900
26%
2017
$3,732
3%
$332,900
—
2016
$3,639
2%
$332,900
—
2015
$3,552
2%
$332,900
15%
2014
$3,481
3%
$288,600
—
2013
$3,380
—
$288,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 629 Thames St
629 Thames Street, Newport, RI 02840 (MLS# 1407162) is a Multi-Family property with 2 units containing 4 bedrooms and 2 full bathrooms. 629 Thames Street is currently listed for $1,200,000 and was received on March 23, 2026. Want to learn more about 629 Thames 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.

