$1,225,000

About this home

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.

Property facts

Property type

Multi Family

Year built

1940

Lot size (acres)

0.115

Total rooms

14

Garage spaces

1

Total parking

2

Annual taxes

$0

Tax year

2026

HOA / condo fee

$0

County

Newport

Features

Heating

Electric, Natural Gas, Forced Air

Cooling

Central Air

Basement

Partial, Interior Only, Unfinished, Storage Space

Appliances

Dishwasher, Dryer, Oven, Range, Refrigerator, Washer, Tankless Water Heater

Interior

Wall (Dry Wall), Cathedral Ceilings, Stairs, Insulation (Walls)

Fireplace

None

Laundry

In Unit

Parking

Attached

Construction

Dry Wall, Vinyl Siding

Utilities

Sewer Connected, Water Connected

Sewer

Public Sewer

Community

Bus, Commuter Bus, Highway Access, Hospital, Marina, Private School, Public School, Restaurants, Schools, Shopping, Near Swimming

Lot

Sidewalks

Location