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604 Thames & 4 Dixon Street

Newport, RI 02840
  • $1,950,000
  • STATUS: Active
  • ON SITE: 6 Days
  • MLS #: 1397512
New On Site 6 Days Ago
UPDATED: 46 min ago
$1,950,000
  • 5
    BEDS
  • 0.08
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 2,930
    SQFT
  • $666
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1870
County:
Area:

School Ratings & Info

Description

Discover a rare offering in one of Newport's most desirable downtown locations. This thoughtfully updated multi-family property includes three distinct spaces across connected addresses: 602 Thames Street, 604 Thames Street, and 4 Dixon Street - combining residential versatility with commercial potential in the LB zone. The street-level storefront at 602 Thames offers excellent visibility and foot traffic, ideal for retail, gallery, or office use. Above, 604 Thames features a beautifully renovated 3-bedroom, 2-bathroom residence with hardwood floors throughout, abundant natural light, modern finishes, and a brand new washer and dryer. 602 and 604 Thames have brand-new exterior vinyl, adding to the property's curb appeal and low-maintenance durability. At 4 Dixon Street, a separate single-level 2-bedroom, 1-bath unit provides additional income potential or private guest accommodations and also includes a brand-new washer/dryer. Both residences share an inviting outdoor space, perfect for relaxing or entertaining. Completing the property is a 462 square foot two-car temperature controlled garage on McAllister Street with a new roof, doors, flooring, and sheetrock - certainly a rare find in this area. Located just steps from Newport's acclaimed restaurants, shops, and waterfront, this property combines convenience, style, and investment potential. Being sold furnished with a few exclusions.

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[Rhode Island Statewide MLS] logo

© 2025 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | Flagship Forbes Global Properties are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | Flagship Forbes Global Properties. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-11-08T15:37:41.937.
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604 Thames & 4 Dixon Street Newport, RI 02840

  • Price: $1,950,000
  • Status: Active
  • On Site: 6 Days
  • Updated: 46 min ago
  • MLS #: 1397512
5
Beds
3
Baths
1
½ Baths
0.08
Acres
2,930
SQFT
$666
$/SQFT
1870
Built
Neighborhood:
Thames Street/Downtown
County:
Newport
Area:
Newport
Property Description
Discover a rare offering in one of Newport's most desirable downtown locations. This thoughtfully updated multi-family property includes three distinct spaces across connected addresses: 602 Thames Street, 604 Thames Street, and 4 Dixon Street - combining residential versatility with commercial potential in the LB zone. The street-level storefront at 602 Thames offers excellent visibility and foot traffic, ideal for retail, gallery, or office use. Above, 604 Thames features a beautifully renovated 3-bedroom, 2-bathroom residence with hardwood floors throughout, abundant natural light, modern finishes, and a brand new washer and dryer. 602 and 604 Thames have brand-new exterior vinyl, adding to the property's curb appeal and low-maintenance durability. At 4 Dixon Street, a separate single-level 2-bedroom, 1-bath unit provides additional income potential or private guest accommodations and also includes a brand-new washer/dryer. Both residences share an inviting outdoor space, perfect for relaxing or entertaining. Completing the property is a 462 square foot two-car temperature controlled garage on McAllister Street with a new roof, doors, flooring, and sheetrock - certainly a rare find in this area. Located just steps from Newport's acclaimed restaurants, shops, and waterfront, this property combines convenience, style, and investment potential. Being sold furnished with a few exclusions.
Exterior Features

Construction Materials Drywall Shingle Siding Vinyl Siding Wood Siding Covered Spaces 2 Foundation Details Combination Garage YN Yes Parking Features Detached Garage Parking Total 3 Waterfront Features Walk to Water

Interior Features

Appliances Common Water Heater Dryer Dishwasher Electric Water Heater Microwave Oven Range Refrigerator Range Hood Washer Basement Full Interior Entry Unfinished Basement YN Yes Cooling Ductless Wall Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Fireplaces Total 0 Flooring Hardwood Furnished Furnished Heating Hot Water Oil Heating YN Yes Interior Features Interior Steps Stall Shower Tub Shower Furnished

Property Features

Attached Garage YN No Business Type Other Community Features Golf Highway Access Marina Near Hospital Near Schools Public Transportation Restaurant Shopping Tennis Court(s) Sidewalks Electric 200+ Amp Service Human Modified YN Yes Inclusions No P& L due to the apartments being used by family. Storefront is vacant. Owner has submitted application for short-term rentals and ADU approval. Property being sold furnished only - owners will remove a few select personal items. Land Lease YN No Laundry Features In Unit New Construction YN No Operating Expense 0 Property Sub Type Multi Family Senior Community YN No Sewer Public Sewer Structure Type Apartment Tax Annual Amount 5883 Tax Assessed Value 819300 Tax Lot 083 Tax Year 2025 Water Source Public Zoning LB

[Rhode Island Statewide MLS] logo Listing information © 2025 State-Wide Multiple Listing Service.
Listing provided courtesy of Gustave White Sotheby's Realty: 401-849-3000.



[Rhode Island Statewide MLS] logo

© 2025 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | Flagship Forbes Global Properties are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | Flagship Forbes Global Properties. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-11-08T15:37:41.937.
 
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28 Caswell Street
Narragansett RI, 02882