Sold
Last Sold Price
4 beds2,429 sqft

345 Spring St, Newport, RI 02840

Multi FamilyProperty Type
0.08 acresLot Size
1888Year Built
$202/sq ftPrice per sq ft
6 carsParking Spaces

Description

Lovely 3 family Victorian Mansard located in the heart of Yachting Village. 1st floor hdwd floors throughout with large MBR with adjoining porch. Separate utilities & plenty of parking in driveway. Great location.. Mins to shops, restaurants & water!Lovely 3 family Victorian Mansard located in the heart of Yachting Village. 1st floor hdwd floors throughout with large MBR with adjoining porch. Separate utilities & plenty of parking in driveway. Great location.. Mins to shops, restaurants & water!
  • Listed by: Stephen Webster 781.848.9064 Steve@Successrealestate.com Brokerage DRE #REB.0017199 • Success! Real Estate Inc.
Listing closed: 01/30/2015 12:00 AM • Source: Rhode Island Association of REALTORS®, MLS#: 1077700
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Recent comparable sales

Median sold price

$1,350,000

Avg days on market

39

Sale-to-list ratio

94.6%

Newport, RI

9 comparable properties found

$1,100,000 | 36 Connection Street, Newport, RI 02840
1/50
1

$1,100,000

Sold 11/03/25

4
Bedrooms
2,111
Square Feet
0.16
Acres
$740,000 | 43 Garfield Street, Newport, RI 02840
1/22
2

$740,000

Sold 10/31/25

4
Bedrooms
2,080
Square Feet
0.12
Acres
$1,350,000 | 24 Houston Avenue, Newport, RI 02840
1/16
3

$1,350,000

Sold 04/17/26

4
Bedrooms
2,004
Square Feet
0.09
Acres
$1,625,000 | 28 John Street, Newport, RI 02840
1/49
4

$1,625,000

Sold 05/15/26

4
Bedrooms
2,756
Square Feet
0.04
Acres
$1,572,500 | 60 Division Street, Newport, RI 02840
1/45
5

$1,572,500

Sold 09/26/25

4
Bedrooms
2,819
Square Feet
0.05
Acres
$1,342,000 | 75 Pope Street, Newport, RI 02840
1/3
6

$1,342,000

Sold 04/19/26

4
Bedrooms
2,224
Square Feet
0.09
Acres
$1,795,000 | 45 Houston Avenue, Newport, RI 02840
1/51
7

$1,795,000

Sold 08/14/25

4
Bedrooms
2,381
Square Feet
0.20
Acres
$950,000 | 1 King Street, Newport, RI 02840
1/31
8

$950,000

Sold 04/25/25

4
Bedrooms
2,134
Square Feet
0.03
Acres
$2,475,000 | 34 Sherman Street, Newport, RI 02840
1/42
9

$2,475,000

Sold 10/31/25

4
Bedrooms
2,600
Square Feet
0.1
Acres

Location

Listing Courtesy of Success! Real Estate Inc.

Sold By Bay Realty, LTD.

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Payment Calculator

$2,997 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,616

Property Taxes

$381

HOA Dues

$0

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Property Information for 345 Spring Street

Property Details

  • Taxes: $4,577 / year
  • MLS Type: Residential Income / Multi Family
  • Subdivision Name: YACHTING VILLAGE

Building Information

  • Stories: 3
  • Residences: 3
  • Year Built: 1888
  • Lot Size: 0.08 AC / 3,318 SF

Summary

Location and General Information
  • City: Newport
  • Community Features: Sidewalks
  • Postal City: Newport
  • Postal Code: 02840
  • Postal Code Plus4: 6865
  • State Or Province: RI
  • Human Modified Y N: No
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 6
Taxes and HOA Information
  • Tax Annual Amount: $4,577.00
  • Tax Assessed Value: 390900
  • Tax Lot: 39
  • Tax Map Number: 32
  • Tax Year: 2013

Property

Lot Information
  • Above Grade Fin SQFT: 2429.0
  • Building Area Total: 2429.0
  • Living Area: 2,429.00
  • Living Area Source: Public Records
  • Lot Size Acres: 0.0762
  • Lot Size Area: 3318.0
  • Lot Size Square Feet: 3318.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 345SPRINGSTNEWP
  • Stories Total: 3
  • Structure Type: Apartment
Property and Assessments
  • Buyer Financing: Fha, Va
  • New Construction Y N: No
  • Number Of Units Total: 3
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1888
  • C L I P: 4,061,959,053
Utilities
  • Electric: Amps100
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Interior and Exterior Features

Exterior Features
  • Fencing: Fenced
  • Foundation Details: Brick Mortar
Interior Features
  • Appliances: Water Heater
  • Basement: Full, Partially Finished, Walk Out Access
  • Basement Y N: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 4
  • Cooling: None
  • Cooling Y N: No
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Ceramic Tile, Hardwood
  • Heating: Gas, Hot Water
  • Heating Y N: Yes
  • Rooms Total: 10

Multi Family

Income & Expenses Information
  • Operating Expense: $999,999.00
Unit 1 Information
  • Actual Rent: $1,200.00
  • Description: Vacant
  • Total Rent: $3,150.00
  • Occupant Type: Vacant
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $1,000.00
  • Description: rented
  • Total Rent: $3,150.00
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $950.00
  • Description: rented
  • Total Rent: $3,150.00
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0

Property History for 345 Spring Street

DateEvent & SourcePriceAppreciation
Jan 30, 2015

Sold

Rhode Island Association of REALTORS® #1077700

$490,000—
Jan 28, 2015

Sold (Public Record)

Public Record #487989141

$490,000

-0.7% / yr

Nov 24, 2014

Contract Signed

Rhode Island Association of REALTORS® #1077700

—
DateEvent & SourcePrice
01/30/2015

Sold

Rhode Island Association of REALTORS® #1077700

$490,000
01/28/2015

Sold (Public Record)

Public Record #487989141

$490,000

-0.7% / yr

11/24/2014

Contract Signed

Rhode Island Association of REALTORS® #1077700

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 345 Spring Street

Taxable Value

Land

$375,800

Additions

$665,400
Total$1,041,200

Tax Record

2025

$7,476 ($623 / month)

Home Facts

Baths

3

Total Finished SqFt

3,089 SqFt

Above Grade Finished SqFt

3,089 SqFt

Stories

3

Lot Size

3,319 SqFt

Style

Triplex

Year Built

1888

Year Renovated

1987

Zoning

R10

County

NEWPORT

APN

NEWP M:032 B:0039 L:4

Schools near 345 Spring Street

This home is within Newport School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Pell Elementary School
PublicPK to 4

Frank E. Thompson Middle School
Public5 to 8

Rogers High School
Public9 to 12

Newport Area Career Tech Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 345 Spring Street, Newport, RI 02840
$490,000
4
2,429
3,318
$340,000
–
3
2,376
2,217
$374,000
3
1,350
2,520
$223,000
–
2.5
1,610
2,217
$850,000
7
4,327
2,178
$137,000
–
3.5
3,025
2,923

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Success! Real Estate Inc.

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.