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7 Sheffield Avenue, 
Newport, RI 02840

$1,099,000


3

Beds


3

Baths


2,280

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

The Willett Team

Serhant.

Last updated:

November 15, 2026, 01:01 AM

MLS#

1428436

Source:

RI STATEWIDE

About This Home

7 Sheffield Avenue

This newly renovated two-family home is the perfect owner-occupied investment. As turnkey as they come with a strong rental history, separate utilities, private decks, in unit laundry, parking for four, and both units vacant, you can choose your unit and your tenant from day one. The feature unit spans the entire second and third floors. The second floor is highlighted by an open kitchen, living, and dining area, plus a bedroom, full bath, a large mudroom with in-unit laundry, and a private deck. The third floor is an epic primary suite with sweeping views of the Newport Bridge, a walk-in closet, and a spa like bath with a tiled shower, double vanity and a soaking tub. The first floor unit features an open kitchen, dining, and living space, one bedroom, one bath, in-unit laundry, private deck and a flexible office/playroom/or guest room. Both units have rented well, especially to Navy families and professionals who want to be close to Naval Station Newport or within a short walk of downtown. White oak and hickory floors and central air run through both units. Each unit also has its own heating and cooling system and its own water meter, so tenants cover their own utilities and your costs stay predictable. Outside, there's a common patio, off-street parking, and a full basement with an outside entrance. Owner-occupants get a home with built-in income, and investors get a proven rental that's ready to lease at today's rents. UNIT A photos being uploaded soon

Home Facts

Multi-Family

3 Baths

3 Bedrooms

Built in 1850

Price Summary

1,099,000

$482 per Sq. Ft.

MLS #:

1428436

Last Updated:

November 15, 2026, 01:01 AM

Added:

2 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,280 Sq. Ft.


Structure

Structure

Building Area:

2,280 Sq. Ft.

Year Built:

1850


Lot

Lot Size (Sq. Ft):

4,930


Finances & Disclosures

Finances

Price:

$1,099,000

Price per Sq. Ft:

$482 per Sq. Ft.

MLS Logo
The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Coldwell Banker Coastal Homes are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 State-Wide MLS, Inc. All rights reserved. Date Last Update: November 15, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.