$1,000,000
SOLD OCT 10, 2025

3 Dyres Gate Newport, RI 02840

6 Beds
2 Baths
2,002 Sq Ft
6,149 Sq Ft Lot

Recently Sold

$500 Per Sq Ft

5% Above List Price

5 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Corner Lot
  • Golf Course Community
  • Attic
  • 1-minute walk to Hunter Park

About This Home

As of October 2025

Presenting a well designed side-by-side duplex in the desirable Third Street section of the Historic Point in Newport. 3-4 Dyres Gate has ample off street parking. Find ease of use with separate entrances, laundry, utilities, basements and gardens. Each unit features 3 bedrooms and one bath, tall ceilings, hardwood floors and newer windows. One of the units has a newly renovated and well thought out kitchen with modern appliances and shaker cabinets. A recently remodeled two-car garage with ample insulation and a wood burning stove is currently being used as a workshop and adds to the potential of 3-4 Dyres Gate. This home will appeal to a wide range of buyers; whether an investor looking for rental income from two wonderful units, a homeowner looking to live in one side while generating income in the other, or a homeowner looking to convert to a single family home. The location of this property offers the best of both worlds: steps to Newport's vibrant waterfront, yet in the quaint, quiet and highly desired Point. There is so much to offer in this wonderful home!

Last Agent to Sell the Property

The Donovan Group

Homes By Connect Listed on: 09/16/2025

Last Buyer's Agent

Katherine Haslam

Homes By Connect License #RES.0049476

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,376

Year Built

  • Built in 1930

Lot Details

  • 6,149 Sq Ft Lot
  • Fenced
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2,002 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 330
  • Assessor Parcel Number 34DYRESGATENEWP

Community Details

Overview

  • 2 Units
  • The Point Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Building Details

  • Operating Expense $11,847

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,376

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1412
  • Inclusions: Newport Resident Tax Rate. Wood stove in garage is negotiable. Driveway Easement (information available).
  • Subdivision Name: The Point
  • Above Grade Finished Sq Ft: 2002.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Hardwood, Other
  • Interior Amenities: Attic, Bathtub, Interior Steps, Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Other
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6149.0
  • Parcel #: 34DYRESGATENEWP
  • Zoning: R10

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 11847.0

Tax Info

  • Tax Annual Amount: 3375.67
  • Tax Lot: 330
  • Tax Year: 2024

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2025 10/10/25 Sold $1,000,000 +5.3% $500 / Sq Ft
09/21/2025 09/21/25 Pending -- -- --
09/16/2025 09/16/25 For Sale $950,000 -- $475 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • The Donovan Group

    Seller's Agent in 2025

    The Donovan Group

    Homes By Connect

    (401) 323-3546

    5 in this area

    206 Total Sales

    The Donovan Group
    Section Image

  • K

    Buyer's Agent in 2025

    Katherine Haslam

    Homes By Connect

    (401) 418-2385

    1 in this area

    6 Total Sales

    Katherine Haslam
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1394871

State-Wide MLS
Rhode Island Newport County Newport 02840

3 Dyres Gate, Newport, RI

Sold

MultiFamily

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