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$1,499,000

26 Franklin Street
Newport, RI 02840
Listed by Jennifer Cosgrove O'Leary
Bedrooms
2
Bathrooms
2.1
Living area
2,798 sqft
Year built
1898

About this home

America’s First Resort. The City by Sea… are just a couple Newport descriptions. We think of it as among Rhode Island’s best features. And the best part of Newport is Twenty-Six Franklin Street – a true rare offering in the heart of Downtown, where timeless charm, modern luxury, and investment potential come together under one roof. The private two-bedroom, two-bath residence spans two levels above the harborscape, creating the feeling of a coastal sanctuary. Thoughtfully designed, it features light-filled living areas, a well-appointed kitchen and dining space, and comfortable accommodations ideal for both everyday living and entertaining. Sitting atop of it all is your private rooftop deck—an extraordinary rarity in Newport—offering sweeping views of it all, perfectly suited for morning coffee, sunset gatherings, or evenings under the stars. Whether enjoyed as a primary residence, a vacation retreat, or a proven rental property, this home delivers both comfort and versatility. On the street level, the property includes a charming retail storefront that has thrived for more than a decade. With steady foot traffic from Newport’s vibrant downtown, this flexible commercial space offers opportunity for continued retail use or future reimagining. Steps from Thames Street, the bustling waterfront, and Newport’s world-class restaurants and shops, Twenty-Six Franklin combines lifestyle, luxury, and income potential in one of America’s most iconic destinations.

Property details

MLS #
1414245
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
11
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
0.0213 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Claiborne Pell Elementary
1.67 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
0.48 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
1.21 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

Mortgage calculator

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Est. monthly payment
$9,177/mo
$299,800 down
$1,199,200 loan
Principal & interest$7,778
Property tax (est.)$1,249
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 14, 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.