342 Spring St, Newport, RI 02840
Property image
Property image
OFF MARKET

342 Spring St
Newport, RI 02840

Memorial Boulevard
  • 7 Beds
  • 4 Baths
  • 4,327 sqft

$1,447,100

Trulia Estimate
as of Jul 7, 2026
Est. Refi. Payment $7,411/mo*

$1,447,100

Trulia Estimate
as of Jul 7, 2026
Est. Refi. Payment $7,411/mo*
7 Beds
4 Baths
4,327 sqft

Local Information

  • Map ViewExplore the area around 342 Spring St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Interior Features

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

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Other
Parking & Garage
Parking: On Street

Property Information

Year Built
Year Built: 1900Year Updated: 2010
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Community

Units in Building: 3

Lot Information

Lot Area: 2178 sqft

Price History for 342 Spring St

DatePriceEventSource
08/20/2024ListingRemovedStateWide MLS RI #1362399
06/27/2024$3,200Listed For RentStateWide MLS RI #1362399
04/08/2024ListingRemovedStateWide MLS RI #1356158
04/06/2024$1,800Listed For RentStateWide MLS RI #1356158
11/12/2020$850,000Sold
StateWide MLS RI #1264513
11/06/2020$875,000PendingAgent Provided
09/14/2020$875,000Listed For SaleAgent Provided
10/27/2019$1,700ListingRemovedAgent Provided
10/09/2019$1,700Listed For RentAgent Provided
02/12/2017$925ListingRemovedAgent Provided
02/10/2017$925PriceChange
Agent Provided
02/09/2017$1,450Listed For RentAgent Provided
11/06/2007$380,000Sold
N/A

Market trends in Newport

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$937K
$12.5K
MoM
Sale-to-List Price
Price per sq ft
$624
$36
MoM
Available listings
76
8
MoM
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

Year2025
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.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 342 Spring St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

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.
  • Julie G.
    "It is near the cliff walk. Its away from downtown. Easy back roads to get in and out of town. Memorial/ Annandale are so congested with traffic. DO NOT STREET PARK, YOUR CAR WILL BE HIT."

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
Skip to first item

Explore by feature - Pet Friendly

Explore by feature - Garage

Explore by feature - Air Conditioning

Explore by feature - Pool

Explore by feature - Washer/dryer

Explore by feature - Outdoor Space

Homes for sale near 342 Spring St

Skip to last item
Skip to first item

Off Market Homes Near 342 Spring St

Skip to last item
Skip to first item