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For sale
  • Price cut: $300K (7/15)
    $2,200,000

    57 Farewell St, Newport, RI 02840

    6beds
    3,980sqft
    : 
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    Multi Family
    Built in 1750
    -- sqft lot
    $-- Zestimate®
    $553/sqft
    $-- HOA

    What's special

    Study with built-in bookcasesDining rooms
    Steeped in Newport history, this remarkable circa-1750 property is believed by local tradition to be the first duplex in America, a rare and significant example of Colonial-era multifamily architecture. Built by brothers Joseph and William Cozzens, a hat maker and a wig maker, it retains an extraordinary collection of original period details. One of the "Operation Clapboard" original restorations, it was purchased in 1965 by the current owners, who lovingly restored it as a demonstration project and it has appeared in many books, magazines, and newspaper articles. Distinctive among Newport Colonials, this Gambrel features 12 fireplaces with deft tile surrounds, generously scaled rooms with high ceilings, and original staircases with ornate period detail. Both sides have formal living rooms, dining rooms, and a study with built-in bookcases, plus two bedrooms and a full bath. 59 Farewell also has a finished third floor with two bedrooms and a bath. Outside, a charming secret garden enclosed on two sides by a tall paneled fence offers a private retreat, while dedicated parking on either side serves both residences. Easy access to downtown Newport is a bonus. This is an exceptional opportunity to own a truly historic landmark. Not in the Historic District, allowing new owners flexibility with renovations. Property can be 2 condos without needing zoning approval, a great investment opportunity. This property is being sold AS IS, pre-inspection report available.
    28 days
    |
    2,517
    |
    115
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Shana Speer 401-849-3000,

    Gustave White Sotheby's Realty,

    Michelle Drum 401-265-3422,

    Gustave White Sotheby's Realty

    Source: StateWide MLS RI,MLS#: 1415171MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 5
      • Full bathrooms: 3
      • 1/2 bathrooms: 2
      Bathroom
      • Features: Bath w Tub & Shower
      Heating
      • Oil, Baseboard
      Cooling
      • None
      Appliances
      • Laundry: In Building
      Features
      • Wall (Plaster), Plumbing (Mixed), Insulation (Unknown)
      • Flooring: Ceramic Tile, Hardwood
      • Basement: Full,Interior and Exterior,Unfinished,Storage Space
      • Attic: Attic Stairs, Attic Storage
      • Number of fireplaces: 12
      • Fireplace features: Brick
      Interior area
      • Total structure area: 3,848
      • Total interior livable area: 3,980 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: No Garage
      Features
      • Stories: 3
      Lot
      • Size: 7,840 Square Feet
      • Features: Corner Lot

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Plaster, Clapboard
      • Foundation: Brick/Mortar
      Condition
      • New construction: No
      • Year built: 1750

      Utilities & green energy

      • Electric: 100 Amp Service
      • Sewer: Public Sewer
      • Water: Municipal

      Community & HOA

      Community
      • Subdivision: The Point
      HOA
      • Has HOA: No
      Location
      • Region: Newport

      Financial & listing details

      • Price per square foot: $553/sqft
      • Annual tax amount: $27,540
      • Date on market: 6/18/2026
      • Inclusions: Has been owner occupied for the past few years. No rental history to provide for either unit.
      • Total actual rent: 0
      • Tenant pays: Hot Water, Heat

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/15/2026Price change$2,200,000-12%$553/sqft
        Source: StateWide MLS RI #1415171 Report a problem
        6/18/2026Listed for sale$2,500,000$628/sqft
        Source: StateWide MLS RI #1415171 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Kerry Hill/Van Zandt

        Getting around

        90 / 100
        Walker's Paradise
        39 / 100
        Some Transit
        63 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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