No photos available for this listing

$1,200,000

20 Fair Street
Newport, RI 02840
Listed by Fitzpatrick Team
Bedrooms
5
Bathrooms
4
Living area
1,725 sqft
Year built
1870

About this home

Opportunity for buyers seeking a project in one of Newport’s most desirable and active downtown neighborhoods. Located on Fair Street, this historic 5-bedroom, 4-bath home offers a rare chance to acquire a sizable property in a prime, walkable location steps from shops, dining, and waterfront. The property includes two side-by-side off street parking spaces, a major advantage for future resale or rental use. With its size, layout, and prime location, the property presents clear opportunity to increase value. Ideal for investors seeking a full scale renovation project with long term value in a high demand downtown location. Please review the photo for the administrative subdivision that is pending approval as lot line to change.

Property details

MLS
Rhode Island Association of REALTORS
MLS #
1403928
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
75
On market date
January 29, 2026
Stories
N/A
Total bathrooms
4
Garage spaces
N/A
Parking spaces
2
Lot size
0.13 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.

Elementary
Claiborne Pell Elementary
1.73 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
0.55 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
Newport Area Career Tech Ctr
1.15 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
Not yet rated
Local Score not yet available for this school
District
Newport

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).

96
Highly walkable
out of 100
EPA National Walkability Index
18.5 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores10
Parks20
Schools10
Transit stops20
Pharmacies2

Market position

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

On the market 75 days -- right at Newport's current average of 75 days.
For reference, the median list price across 824 active listings in Newport right now is $5,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$7,377/mo
$240,000 down
$960,000 loan
Principal & interest$6,227
Property tax (est.)$1,000
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated April 15, 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.