Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    7 Sheffield Ave Newport, RI 02840

    For Sale
    $1,299,999

    Multi Family - Newport, RI

    Type:Multi Family
    Property size:
    2,079 SF
    Lot size:
    0.11 Acres
    Days on Market:
    46
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 7 Sheffield Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    Zoning
    R10
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    Bathrooms
    3
    Parking
    4
    Patio and Porch features
    Patio, Porch, Deck
    Interior features
    Wall (cermaic), Wall (dry Wall), Wall (plaster), Stairs, Insulation (walls)
    Exterior features
    Balcony, Deck, Patio, Porch, Deck, Patio, Porch
    Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    Size
    2,079 SF
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Baseboard, Electric (Heating), Forced Air, Heat Pump (Heating)

    Building Details

    Year built
    1850
    Floors in Building
    3
    Number of units
    2
    Flooring type
    Hardwood, Tile, Tile - Ceramic
    Building materials
    Clapboard, Plaster
    Architectural style
    Other

    Lila Delman Compass

    Listing agent Newport Living Group (401) 848-2101

    Listing date Oct 21, 2025

    MLS# 1395636 Listing URL

    Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Multi-Family Home with Yard

    This thoughtfully renovated two-unit multi-family home features an oversized yard. The property offers modern living with air conditioning and sawn-face white oak and hickory floors throughout, as well as in-unit laundry facilities and newly added off-street parking. The upper unit is a two-bedroom, two-bathroom duplex featuring two spacious decks with bridge views and a 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 has separate outdoor spaces. Off-street parking is available for four vehicles. The home is equipped with separate heat and AC, as well as separate water meters for each unit. A large full basement provides ample storage space with easy exterior access. The property, situated close to the Newport scene and the Navy base, is suitable for owner-occupants, multi-generational living setups, or investors. The lot size is 0.113 acres and the property size is 2079 square feet. The zoning is R10.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Newport
    State
    Rhode Island
    Longitude
    -71.311695
    Latitude
    41.50165

    Nearby Similar for Sale

    • $2,799,000
      3,488 SF

      Restored Victorian Home with Water Views

      Restored Victorian home with water views and income potential.
      104 2Nd St, Newport, RI 02840
      View Details
    • $1,950,000
      2,930 SF

      Mixed-Use Property in Desirable Location

      Updated multi-family property with commercial potential in downtown Newport.
      604 Dixon St, Newport, RI 02840
      View Details
    • $1,850,000
      4,573 SF

      Restored Two-Family Home Near Broadway

      Meticulously restored two-family home with updated utilities and ample parking.
      17 Lincoln St, Newport, RI 02840
      View Details
    • $1,420,000
      Pending

      Newport Multi-Family Investment Opportunity

      Downtown Newport three-family with income potential near waterfront and attractions.
      28 Young St, Newport, RI 02840
      View Details
    • $1,195,000
      1,941 SF

      Historic Newport Multifamily Property

      Charming 19th-century sea captain's home in the Point neighborhood.
      23 Willow St, Newport, RI 02840
      View Details
    • $2,200,000
      6,330 SF

      Historic Mixed-Use Building in Newport

      Classic Newport building with retail and residential units in downtown.
      130 Spring St, Newport, RI 02840
      View Details

    FAQs

    What type of property is this?
    Duplex - Two-unit home with modern amenities and off-street parking.
    Where is this duplex located?
    The property is located at 7 Sheffield Ave Newport, RI.
    What is the asking price?
    The asking price for this property is $1,299,999.
    What are key features of this property?
    This property features: - Renovated two-unit multi-family home with separate heat/AC and water meters, ideal for owner-occupants, multi-generational living, or investors.; - Upper unit features a **two-bedroom, two-bathroom duplex with two spacious decks and bridge views**.; - Newly added off-street parking for four vehicles.
    (401) 848-2101
    Request Owner's contact information
    7 Sheffield Ave Newport, RI 02840
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7 Sheffield Ave
    Newport, RI 02840
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7 Sheffield Ave Newport, RI 02840
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.