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$1,299,999 Just Listed
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Property Description
Thoughtfully renovated two-unit multi-family home with an oversized yard, perfect for various living arrangements or investment opportunities. This property has excellent curb appeal and offers a modern living with air conditioning, stunning sawn-face white oak and hickory floors throughout and in-unit laundry facilities as well as newly added off-street parking. The upper unit is a two-bedroom, two-bathroom duplex featuring two spacious decks with breathtaking bridge views with a true primary oasis on the upper level. The first-floor unit features one bedroom, one bathroom, and a versatile office space with views of the back yard. Each unit boasts separate outdoor spaces, ensuring privacy and comfort. Enjoy the convenience of off-street parking for four vehicles, making urban living hassle-free. The home is equipped with efficient separate heat/ac as well as separate water meters for each unit. A large full basement provides ample storage space with easy exterior access. Situated close to the vibrant Newport scene and the Navy base, this property is a perfect fit for owner-occupants, multi-generational living setups, or investors seeking a valuable addition to their portfolio. Current leases in place until Dec 31,2026
Full Property Details
Full Property Details for 7 Sheffield Ave
General
- Price: $1,299,999
- Taxes: $3,913 (2026)
- Status: Active
- Type: Multi-Family
- Source: STWMLS
- MLS ID: 1413550
- Updated: Today (5/26/2026)
- Added to Site: Today
Interior
- Number of Rooms: 12
- Interior Features: Bathtub, Interior Steps, Stall Shower, Tub Shower
- Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Water Heater, Washer
- Flooring: Ceramic Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Unit
Additional Information
- Tennis: Yes
Exterior
- Exterior Features: Balcony, Deck, Porch, Patio
- Porch/Patio/Deck: Balcony, Deck, Patio, Porch
Parking
- Total Spaces: 4
- Parking Features: No Garage
Location
- County: Newport
- Subdivision: North End
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning, Ductless
- Heating Type: Baseboard, Ductless, Electric, Forced Air, Gas, Heat Pump
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected, Multiple Meters, Public
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Architectural Style: Stacked
- Detached/Attached: Detached
- Construction: Drywall, Plaster, Clapboard
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Windows: Thermal Windows
- Stories/Levels: 3
- Building Size: 2079
- Finished Total: 2,079 Sq. Ft.
- Finished Above Grnd: 2,079 Sq. Ft.
- Year Built: 1850
Lot Features
- Lot Size (Acres): 0.113
- Lot Size (Sq. Ft.): 4,922
- Lot Size: 4922
Financial Considerations
- Operating Expenses: $4,593
- Tax Amount: $3,913.54
- Tax Year: 2026
Disclosures and Reports
- Inclusions: Non-Resident / Non-Owner Occupied: $8.82 per $1, 000 Resident / Owner-Occupied: $7.25 per $1, 000 Year-Round Landlords: $8.22 per $1, 000 (applies to landlords of residential properties of 3 units or less who rent to year-round Newport residents)
- Property ID: 7SHEFFIELDAVNEWP
- Lot Number: 111
Listed by Lila Delman Compass
Get Pre-Approved Today
Schools
Schools serving 7 Sheffield Ave
School District:Newport School District, Newport, RI
| Name | Grades | Distance |
|---|---|---|
Pell Elementary School 35 Dexter Street, Newport, RI 02840 | PK-4 | 0.6 mi |
Frank E. Thompson Middle School 55 Broadway, Newport, RI 02840 | 5-8 | 0.7 mi |
Rogers High School 15 Wickham Road, Newport, RI 02840 | 9-12 | 2.3 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 7 Sheffield Ave
Date
Details
Price
Change
Source
5/26/2026
Listed
$1,299,999
75.68%
MLS
6/14/2024
Sold
$740,000
—
Public Record
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 7 Sheffield Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,137
8%
$476,100
2%
2024
$3,843
31%
$467,500
58%
2023
$2,939
3%
$296,300
—
2022
$2,847
3%
$296,300
—
2021
$2,764
2%
$296,300
12%
2020
$2,722
—
$264,800
—
2019
$2,722
3%
$264,800
—
2018
$2,645
7%
$264,800
20%
2017
$2,483
3%
$221,500
—
2016
$2,421
2%
$221,500
—
2015
$2,363
-5%
$221,500
8%
2014
$2,482
3%
$205,800
—
2013
$2,410
—
$205,800
—
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 7 Sheffield Ave
7 Sheffield Avenue, Newport, RI 02840 (MLS# 1413550) is a Multi-Family property with 2 units containing 3 bedrooms and 3 full bathrooms. 7 Sheffield Avenue is currently listed for $1,299,999 and was received on May 26, 2026. Want to learn more about 7 Sheffield Avenue? 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.

