342 Spring St
Newport, RI 02840
Memorial Boulevard- 7 Beds
- 4 Baths
- 4,327 sqft
7 Beds
4 Baths
4,327 sqft
Local Information
-- mins to
Description
Great investment or owner occupied opportunity! Large 3 family home centrally located in downtown Newport. This home has strong rental history, water views, a fenced yard, tons of natural light, CENTRAL A/C, gas heat, and much more!
342 Spring St, Newport, RI 02840 is a 7 bedroom, 4 bathroom, 4,327 sqft multi-family in Memorial Boulevard, built in 1900. It last sold for $850,000 on Nov 12, 2020. More recently, it was listed as a rental in June 2024 with an asking price of $3,200 per month. That rental listing was removed on August 20, 2024. It is currently off market. The Trulia Estimate is $1,447,100, with a rent estimate of $3,800/month.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 342 Spring St
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Heating & Cooling Heating: Other, GasAir ConditioningCooling System: CentralHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 3Floors: Carpet, Hardwood |
Interior Details Number of Rooms: 14Types of Rooms: Dining Room |
Appliances & Utilities DishwasherDryerRefrigeratorWasher |
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Exterior Home Features Roof: AsphaltExterior: Other |
Parking & Garage Parking: On Street |
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Year Built Year Built: 1900Year Updated: 2010 |
Property Type / Style Property Type: Multi FamilyArchitecture: Other |
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Units in Building: 3 |
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Lot Area: 2178 sqft |
Price History for 342 Spring St
| Date | Price | Event | Source |
|---|---|---|---|
| 08/20/2024 | ListingRemoved | StateWide MLS RI #1362399 | |
| 06/27/2024 | $3,200 | Listed For Rent | StateWide MLS RI #1362399 |
| 04/08/2024 | ListingRemoved | StateWide MLS RI #1356158 | |
| 04/06/2024 | $1,800 | Listed For Rent | StateWide MLS RI #1356158 |
| 11/12/2020 | $850,000 | Sold | StateWide MLS RI #1264513 |
| 11/06/2020 | $875,000 | Pending | Agent Provided |
| 09/14/2020 | $875,000 | Listed For Sale | Agent Provided |
| 10/27/2019 | $1,700 | ListingRemoved | Agent Provided |
| 10/09/2019 | $1,700 | Listed For Rent | Agent Provided |
| 02/12/2017 | $925 | ListingRemoved | Agent Provided |
| 02/10/2017 | $925 | PriceChange | Agent Provided |
| 02/09/2017 | $1,450 | Listed For Rent | Agent Provided |
| 11/06/2007 | $380,000 | Sold | N/A |
Market trends in Newport
Last updated May 2026
Avg. sale price
$937K
$12.5KMoM
Sale-to-List Price
—
Price per sq ft
$624
$36MoM
Available listings
76
8MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $8,402 |
| Assessment | $1,170,200 |
Home facts updated by county records
Comparable Sales for 342 Spring St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.06 | Multi-Family Home | $1,410,000 | 12/30/25 | 6 | 3 | 2,405 | |
0.27 | Multi-Family Home | $1,805,000 | 09/30/25 | 5 | 4 | 3,445 | |
0.21 | Multi-Family Home | $1,837,500 | 10/20/25 | 7 | 4 | 3,209 | |
0.23 | Multi-Family Home | $1,625,000 | 05/15/26 | 4 | 3.5 | 2,756 | |
0.23 | Multi-Family Home | $1,350,000 | 03/03/26 | 6 | 3 | 2,736 | |
0.43 | Multi-Family Home | $1,572,500 | 09/26/25 | 4 | 3.5 | 2,819 | |
0.43 | Multi-Family Home | $1,845,000 | 09/30/25 | 6 | 4 | 4,192 | |
0.23 | Multi-Family Home | $1,515,000 | 12/23/25 | 5 | 4 | 2,452 | |
0.10 | Multi-Family Home | $1,342,000 | 04/19/26 | 4 | 2 | 2,824 | |
0.05 | Multi-Family Home | $1,675,000 | 10/30/25 | 4 | 2 | 1,862 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 342 Spring St.
What Locals Say about Memorial Boulevard
At least 28 Trulia users voted on each feature.
92 % Say there are sidewalks
91 % Say it's dog friendly
91 % Say it's walkable to restaurants
83 % Say people would walk alone at night
79 % Say it's walkable to grocery stores
67 % Say yards are well-kept
67 % Say there's holiday spirit
56 % Say streets are well-lit
54 % Say neighbors are friendly
47 % Say they plan to stay for at least 5 years
45 % Say kids play outside
43 % Say there's wildlife
34 % Say car is needed
29 % Say there are community events
29 % Say it's quiet
26 % Say parking is easy
Sourced by Trulia users. Learn more about our methodology.
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