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$1,200,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 2 Units
  • 3 Total Beds
  • 0.113 Acres
  • 4 Car Garage
  • Updated 2 days ago
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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. First Floor, Unit A lease in place until Nov 30,2026

Full Property Details for 7 Sheffield Ave

General

  • Price: $1,200,000
  • Taxes: $3,913 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: STWMLS
  • MLS ID: 1425301
  • Updated: 10/6/2026
  • Added to Site: 2 day(s) ago

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

  • Garage Spaces: 4
  • Covered Spaces: 4
  • Total Spaces: 8
  • Parking Features: No Garage

Location

  • County: Newport
  • Subdivision: Malbone - Van Zandt

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

  • Assoc Fee Freq.: Monthly
  • 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

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Listing agent

— 7 Sheffield Ave —

  • Lila Delman Compass

401-338-3771

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 7 Sheffield Ave

School District:Newport School District, Newport, RI
NameGradesDistance
Pell Elementary School
35 Dexter Street, Newport, RI 02840
PK-40.6 mi
Frank E. Thompson Middle School
55 Broadway, Newport, RI 02840
5-80.7 mi
Rogers High School
15 Wickham Road, Newport, RI 02840
9-122.3 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/06/2026
Listed
$1,200,000
62.16%
MLS
6/14/2024
Sold
$740,000
—
Public Record
Get Price Alerts and Save Property
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 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
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Lila Delman Compass

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7 Sheffield Avenue, Newport, RI 02840 (MLS# 1425301) is a Multi-Family property with 2 units containing 3 bedrooms and 3 full bathrooms. 7 Sheffield Avenue is currently listed for $1,200,000 and was received on October 06, 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.

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