Multi Family at 57 Farewell Street, Newport
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$1,850,000

57 Farewell Street
Newport, RI 02840
Listed by Shana Speer
Bedrooms
6
Bathrooms
4
Living area
N/A
Year built
1750

About this home

Known as The Cozzens House, 57 and 59 Farewell Street is widely believed to be America’s first duplex. Built circa 1750 by brothers Joseph and William Cozzens, it was described by historian Antoinette Downing as a rare and significant example of Colonial era multifamily architecture. An original Operation Clapboard restoration, it has been featured in books and magazines and held by the same family since 1969. The side by side residences mirror one another in scale and character. Each offers formal living and dining rooms, a study with built in bookcases, high ceilings, original staircases, and fireplaces with tile surrounds, twelve in all. 59 Farewell adds a finished third floor with bedrooms and a bath. A recent structural engineer’s report found no significant structural deficiencies. Outside the Historic District, the property offers flexibility for improvements and can be converted to condominiums without requiring zoning approval, ideal for income, condo conversion, multigenerational living, or owner occupancy with rental income. On a corner lot at Farewell and Warner Streets, a walled garden offers a private retreat. Off street parking for three, with potential for six. Minutes to downtown Newport and the harbor. Shown by appointment. Inspection and structural reports available. Sold as is.

Highlights

Fireplace

Property details

MLS
Rhode Island Association of REALTORS
MLS #
1422890
Property type
Multi Family
Subdivision
Farewell
Status
Active
Days on market
41
On market date
September 10, 2026
Stories
3
Total bathrooms
4
Garage spaces
N/A
Parking spaces
3
Lot size
0.18 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
1.13 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
0.28 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
1.79 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).

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 41 days -- 34 fewer days than 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
$11,291/mo
$370,000 down
$1,480,000 loan
Principal & interest$9,599
Property tax (est.)$1,542
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 2 days ago.

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.