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About This Home

This 6-bedroom, 4-bathroom residential multi family at 57 Farewell Street in Newport, RI is listed for $2,500,000 ($650 per sqft). the home offers 3,848 sqft of living space on a 0.18 acres lot.

Agent Description

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 and its amenities is a bonus. This is an exceptional opportunity to own a truly historic national landmark. However not in the Historic District, thus allowing the new owners flexibility with renovations. This property is being sold AS IS, pre-inspection report available.

Key Features

  • Built in 1750
  • 0.18 acre lot
  • 3 stories
  • 3 parking spaces
  • Fireplace

Property Details

3 stories
3 full, 2 half
3 spaces

Amenities

FireplaceHardwood

Monthly Cost Estimate

$13,371/mo

20% down · 6.5% · 30 years

Principal$1,808
Interest$10,833
Insurance$729

Estimates only. Actual payments may vary.

Location

57 Farewell Street

Newport, RI 02840

The Point

Features & Amenities

Interior Features

Wall (Plaster)AtticAttic StairsAttic StoragePlumbing (Mixed)Insulation (Unknown)

Property Details

Flooring

HardwoodTile - Ceramic

Construction

Plaster Clapboard

Parking

Garage

Heating

OilBaseboard

Questions & Answers

This 6-bedroom, 4-bathroom residential multi family at 57 Farewell Street is listed at $2,500,000 ($650/sqft). The estimated monthly payment is $10,833 based on 20% down at 6.5% interest.

Key features include: Built in 1750, 0.18 acre lot, 3 stories, 3 parking spaces, Fireplace. Interior Features: Wall (Plaster), Attic, Attic Stairs.

This property is listed by Shana Speer and can be reached at (401) 849-3000 or sspeer@gustavewhite.com.

SS

Shana Speer

Agent at Gustave White Sotheby's Realty

(401) 849-3000

Listed by Gustave White Sotheby's Realty · View on Broker Site

MLS# 1415171· Source: listhub· Updated 1 days ago

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

57 Farewell Street, Newport, RI 02840

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