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$449,999

2 Prescott Place
Newport, RI 02840
Listed by Derek Greene
Bedrooms
3
Bathrooms
1
Living area
831 sqft
Year built
1900

About this home

Charming Newport opportunity! This 3-bedroom, 1-bath home offers incredible potential in one of Rhode Island's most sought after coastal communities. Featuring city water and sewer, a newer roof (appx 10 yrs old), and an existing patio area with the potential to be converted into a driveway. The property primarily needs cosmetic updates, making it an excellent opportunity for investors, owner-occupants, or those seeking a second home. Conveniently located near Newport's shops, restaurants, waterfront, and local attractions. Sold AS IS.

Property details

MLS #
1416552
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
June 30, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.03 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Claiborne Pell Elementary
0.79 mi away · Grades -1-4
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
744
Student:teacher ratio
10.9:1
District
Newport
Middle
Frank E. Thompson Middle
0.41 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
565
Student:teacher ratio
9.7:1
District
Newport
High
Middletown High School
1.86 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
620
Student:teacher ratio
11.9:1
District
Middletown

Walkability

Blended score for Newport's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

78
Walkable
out of 100
EPA National Walkability Index
12.5 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores6
Parks20
Schools7
Transit stops20
Pharmacies5

Market position

How this listing compares to current activity in Newport, from live MLS data.

On the market 0 days -- 78 fewer days than Newport's current average of 78 days.
For reference, the median list price across 729 active listings in Newport right now is $5,000.

Mortgage calculator

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Est. monthly payment
$2,860/mo
$90,000 down
$359,999 loan
Principal & interest$2,335
Property tax (est.)$375
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated June 30, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.