Back 3 Sharon Ct
Off Market

3 Sharon Ct

Newport RI 02840

4
2
4
1649 sq. ft.
2320 sq. ft.
Multi-Family
Last sold for $995,000
Joseph FitzpatrickJoseph Fitzpatrick, last sold this property on 31 October 2025 after 77 days on market.

Overview

3 Sharon Court is an updated duplex in a prime downtown Newport location, just three doors off Thames Street. This turnkey multi-family property includes off-street parking for up to 4 cars, separate utilities, and individual laundry for each unit, making it a standout opportunity for both investors and owner-occupants. The property features two 2-bedroom, 1-bathroom units. One is leased through May 2026, providing immediate rental income, while the other is vacant and ready for occupancy. Recent updates include a roof replaced five years ago, new PVC plumbing, updated electrical systems, a new patio, an outdoor shower, and low-maintenance vinyl siding. Unit 1 has a newly installed Navien combi-boiler system (less than a year old), providing efficient heating and hot water. Both units feature refinished hardwood floors, updated bathrooms, and kitchens with stainless steel appliances, gas ranges, and granite countertops. Separate utilities keep owner expenses to a minimum, with tenants responsible for utility costs. The seller prefers to sell the property furnished, making it an ideal turnkey option for buyers. One block from Newport Harbor, great restaurants, and local shops, THIS is the one you've been waiting for.

Features

4 bedrooms
2 bathrooms
4 carspaces
1649 sq. ft. floor area
2320 sq. ft. lot size
Multi-Family

Estimated Value

Based on this property and similar 4 bedroom multi families sold in Newport over the last 12 months, the estimated median property value of 3 Sharon Ct is $1.1m.

Median value
$1.1m
Estimated value range
$675k - $2.12m
Median days on market
48
Estimated value trend
15%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Newport. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3 Sharon Ct

2025
Sold
$995,000
31 Oct 2025 by Joseph Fitzpatrick, of RE/MAX Results
2018
Rented
Undisclosed
19 Jul 2018 by Keller Williams Coastal
2018
Sold
$525,000
14 Mar 2018 by Ryan Hazinakis, of Keller Williams Coastal

Happy sellers in Newport

~%

We have insufficient information to provide an overview of customer satisfaction for Newport. Viewing the agent profiles, reviews and sales for Newport can provide insights for this location.

Local market activity for 4 bedroom multi families in Newport

In the last 12 months, 17 four-bedroom multi families similar to 3 Sharon Ct, have been sold.

This represents a 183% decrease in four-bedroom multi families sales when compared to the previous 12 months.

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