Search
Updated Two-Unit Duplex
For Sale
$1,200,000

629 Thames Street, Newport, RI 02840

Renovated kitchens, refreshed bathrooms, and off-street parking enhance this downtown multifamily property.

Property SizeContact for details
Days on Market171

Property Features for 629 Thames Street

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Multi-family

Units

Unit Mix 1 x 3BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Additional Details

Road Access Yes

Building Details

Year Built 1880
Listing Agency: eXp Realty
Listed By: Slocum Home Team
Source: Milburyre
Added: Mar 14 Changed: Aug 29 Last Checked: Aug 30 at 5:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty

Investment Insights

Based on property information with market context.

This 1880-built duplex contains two residential units: a three-bedroom, one-bath layout and a one-bedroom, one-bath layout. Recent work includes redesigned kitchens with new cabinetry, granite countertops, and appliances, along with refreshed bathrooms. Interior and exterior painting and additional upgrades contribute to the property's updated condition.

The property is positioned on Thames Street in Newport, within the downtown area and near shops, restaurants, and the waterfront. Exterior improvements provide off-street parking for up to four vehicles, adding practical convenience for residents and guests.

Key Highlights

  • Two‑unit duplex with one 3‑bedroom, 1‑bath unit and one 1‑bedroom, 1‑bath unit
  • Updated kitchens with new cabinetry, granite countertops, and appliances
  • Refreshed bathrooms plus interior and exterior painting

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Electrical Service Daycare Center HVAC Service Computer & Electronic Repair (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,147
Businesses Nearby

Demographics for 02840, RI

23,902
Population
13,515
Households
1.8
Avg Household Size
40
Median Age
55%
College-Educated
95%
High-School Grad
7.3 sq mi
ZIP Area
3,274
Density / Sq Mi
$83,515
Median Household Income
$41,228
Median Earnings
$1,610
Median Rent
$669,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Renovated kitchens, refreshed bathrooms, and off-street parking enhance this downtown multifamily property.
Where is this duplex located?
The property is located at 629 Thames Street Newport, RI.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two‑unit duplex with one 3‑bedroom, 1‑bath unit and one 1‑bedroom, 1‑bath unit; Updated kitchens with new cabinetry, granite countertops, and appliances; Refreshed bathrooms plus interior and exterior painting
More about this property
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