Recently Listed Open House 6/28 11am - 1pm
31 Prescott Hall Road
Newport, RI, 02840 $ 1,399,000
Bedrooms6 Baths4.0 Sq 2,596 Monthly Estimate*
$ 8,833
for $1,399,000 with 6 bedrooms and 4 full baths. This 2,596 square foot home was built in 1940 on a lot size of 0.115.
Welcome to 31 Prescott Hall a stunning, newly constructed two-family residence nestled in Newport, Rhode Island. This exceptional property seamlessly blends modern design with comfortable living, offering a rare investment opportunity or the ideal setup for owner-occupants seeking rental income. It is also a wonderful option for those looking to keep extended family close, provide a private space for visiting guests, or create a flexible multi-generational living arrangement while maintaining privacy. Thoughtfully designed with hardwood floors throughout, abundant natural light, and brand-new finishes, appliances, and amenities, every space feels bright, welcoming, and move-in ready. The larger upper unit features soaring vaulted ceilings, four bedrooms, two full bathrooms, and mini-split heating and cooling throughout, creating an open and airy living environment. The first-floor unit offers two bedrooms and two full bathrooms with the same high-quality finishes. Outside, enjoy a generous, fully fenced backyard complete with an outdoor dining area and fire pit perfect for entertaining family and friends. Ideally located just minutes from the Newport Bridge, the home is within walking distance of favorite local spots like CHOMP and Nitro Bar, while also being moments from the waterfront, including swimming at Van Zandt Pier, Newport Shipyard, and several nearby marinas making it an exceptional location for enjoying Newport's coastal lifestyle.
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Open House
6/28/2026 11:00 AM - 1:00 PM
31 Prescott Hall Road Newport, RI
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralSewer Connected Public Sewer
Heating Ductless Electric Forced Air Gas
Cooling Central Air Ductless
Utilities Sewer Connected
Possession Immediately
Zoning R10
Garage Spaces 1
Construction Materials Drywall Vinyl Siding
Year Built 1940
Electric 200+ Amp Service
Property Subtype Multi Family
Tax Year 2026
Community Features Highway Access Marina Near Hospital Near Schools Pool Public Transportation Restaurant Shopping Sidewalks
County Newport
Operating Expense 0
New Construction false
Property Type Residential Income
Attached Garage true
Garage Y/N true
Total Rooms 14
Full Baths 4
Status Active
City Newport
Senior Community Y/N false
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 5009
Land Lease Y/N false
Tax Annual Amount 0
Standard Status Active
Tax Assessed Value 208900
Tax Lot 313
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InteriorInterior Amenities Cathedral Ceiling(s) High Ceilings Interior Steps Stall Shower Tub Shower Vaulted Ceiling(s)
Basement Interior Entry Partial Unfinished
Flooring Hardwood
Total Fireplaces 0
Fireplace Features None
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features In Unit
Total Bedrooms 6
Total Baths 4
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ExteriorParking Features Attached Garage
Water Source Connected
Total Parking 2
Lot Size Area 5009
Foundation Details Concrete Perimeter
Number of Buildings 1
Building Area Total 2596
Lot Size Acres 0.115
Covered Spaces 1
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* Excluded FeaturesList Bymolly@KirbyKirby.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,833
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Newport, RI
Average List Price $1,482,474
Percent of Sale Price 6%
About Newport, RI 25,085 Population
-5% Since 2002
$ 63,135 Median Income
37.91 Median Age
17% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/26/2026 | $1,399,000 | | Listed Price |