2 Perry St

$1,825,000
Price
4
Beds
2,580 Sq. Ft.
$707 / Sq. Ft.
2,580
Sq. Ft.
$707
per Sq. Ft.

Description

Beautifully maintained mixed-use property in a prime Spring Street location. The street level features two office/retail spaces, with two residential units above. Accessed via a private rear courtyard, the second-floor residence offers two bedrooms and two baths, granite countertops, stainless steel appliances, and in-unit laundry. One bedroom is configured as a private efficiency suite with its own kitchenette, full bath, and separate entrance ideal for guests or added flexibility. The third-floor...Beautifully maintained mixed-use property in a prime Spring Street location. The street level features two office/retail spaces, with two residential units above. Accessed via a private rear courtyard, the second-floor residence offers two bedrooms and two baths, granite countertops, stainless steel appliances, and in-unit laundry. One bedroom is configured as a private efficiency suite with its own kitchenette, full bath, and separate entrance ideal for guests or added flexibility. The third-floor unit includes two bedrooms, one bath, and an open-concept living/kitchen area. Additional highlights include parking for four vehicles, a charming rear courtyard, and separate utilities throughout, making this an excellent investment opportunity.
  1. Listed by Mike Sweeney • Brokerage DRE #REB.0013814 • Gustave White Sotheby's Realty
    P: (401)-862-0164 msweeney@gustavewhite.com

Property Details for 2 Perry Street

Subdivision Name
Spring Street
Waterfront Features
Walk To Water
LISTING UPDATED: 12/30/2025 02:19 PM

Property Details for 2 Perry Street

StatusActive
MLS #1401964
Days on Market2
Taxes$11,008 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1870
Lot Size0.12 AC / 5,332 SF
CountyNewport County

Location

Listing Courtesy of Gustave White Sotheby's Realty
Add your commute

Building Information for 2 Perry Street

Stories3Residences4Year Built1870Building Size-Lot Size0.12 AC / 5,332 SF

Payment Calculator

$9,935 per month

30 year fixed, 6.28% Interest

Principal and Interest

$9,018

Property Taxes

$917

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2 Perry Street

Summary
Location and General Information
  • City: Newport
  • Community Features: Marina, Near Hospital, Near Schools, Recreation Area, Shopping, Tennis Courts
  • Postal City: Newport
  • Postal Code: 02840
  • State Or Province: RI
  • Zoning: R10
  • Human Modified Y N: Yes
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 4
Taxes and HOA Information
  • Tax Annual Amount: $11,008.00
  • Tax Assessed Value: 1022500
  • Tax Lot: 202
  • Tax Map Number: 32
  • Tax Year: 2025
Property
Lot Information
  • Above Grade Fin SQFT: 2580.0
  • Building Area Total: 2580.0
  • Living Area Source: Public Records
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.1224
  • Lot Size Area: 5332.0
  • Lot Size Square Feet: 5332.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 2PERRYSTNEWP
  • Stories Total: 3
  • Structure Type: Apartment
Property and Assessments
  • New Construction Y N: No
  • Number Of Units Total: 4
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1870
Utilities
  • Electric: Amps200Or More
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Foundation Details: Combination
Interior Features
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Basement: None
  • Basement Y N: No
  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 4
  • Cooling: None, Window Unit(s)
  • Cooling Y N: No
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Carpet, Hardwood
  • Heating: Gas, Hot Water
  • Heating Y N: Yes
  • Interior Features: Interior Steps, Skylights, Stall Shower, Tub Shower
  • Laundry Features: In Unit
  • Rooms Total: 10
  • Window Features: Skylights
Multi Family
Income & Expenses Information
  • Operating Expense: $15,000.00
Unit 1 Information
  • Actual Rent: $2,000.00
  • Description: 3rd flr
  • Type: TwoBedroom
  • Unit Type Area: 640.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $3,050.00
  • Description: 2nd flr
  • Type: TwoBedroom
  • Unit Type Area: 1084.0
  • Baths Total: 2
  • Beds Total: 2
  • Num of Full Baths: 2
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $.00
  • Description: Office
  • Unit Type Area: 150.0
  • Baths Total: 0
  • Beds Total: 0
  • Num of Full Baths: 0
  • Num of Half Baths: 0
Unit 4 Information
  • Actual Rent: $1,650.00
  • Description: Office
  • Unit Type Area: 706.0
  • Baths Total: 1
  • Beds Total: 0
  • Num of Full Baths: 0
  • Num of Half Baths: 1
Rental
Rental Information
  • Land Lease Y N: No

Property History for 2 Perry Street

DateEvent & SourcePriceAppreciation
Dec 29, 2025

Listed (Active)

Rhode Island Association of REALTORS® #1401964

$1,825,000
Mar 10, 2022

Permanently Off Market

Rhode Island Association of REALTORS® #1299257

Nov 30, 2021

Listed (Active)

Rhode Island Association of REALTORS® #1299257

$1,650,000
Mar 20, 2008

Sold (Public Record)

Public Record #234982361

$585,000

+2.0% / yr

Mar 20, 2008

Sold

Rhode Island Association of REALTORS® #757335

$585,000
Mar 20, 2008

Permanently Off Market

Rhode Island Association of REALTORS® #757510

Feb 18, 2008

Contract Signed

Rhode Island Association of REALTORS® #757335

Oct 1, 2007

Listed (Active)

Rhode Island Association of REALTORS® #757335

$650,000
Oct 1, 2007

Listed (Active)

Rhode Island Association of REALTORS® #757510

$650,000
Sep 30, 2007

Temporarily Off Market

Rhode Island Association of REALTORS® #744704

May 28, 2007

Listed (Active)

Rhode Island Association of REALTORS® #744704

$699,000
Jan 14, 2005

Sold (Public Record)

Public Record #170928146

$550,000

+17.0% / yr

Feb 28, 1994

Sold (Public Record)

Public Record #170912859

$100,000
DateEvent & SourcePrice
12/29/2025

Listed (Active)

Rhode Island Association of REALTORS® #1401964

$1,825,000
03/10/2022

Permanently Off Market

Rhode Island Association of REALTORS® #1299257

11/30/2021

Listed (Active)

Rhode Island Association of REALTORS® #1299257

$1,650,000
03/20/2008

Sold (Public Record)

Public Record #234982361

$585,000

+2.0% / yr

03/20/2008

Sold

Rhode Island Association of REALTORS® #757335

$585,000
03/20/2008

Permanently Off Market

Rhode Island Association of REALTORS® #757510

02/18/2008

Contract Signed

Rhode Island Association of REALTORS® #757335

10/01/2007

Listed (Active)

Rhode Island Association of REALTORS® #757335

$650,000
10/01/2007

Listed (Active)

Rhode Island Association of REALTORS® #757510

$650,000
09/30/2007

Temporarily Off Market

Rhode Island Association of REALTORS® #744704

05/28/2007

Listed (Active)

Rhode Island Association of REALTORS® #744704

$699,000
01/14/2005

Sold (Public Record)

Public Record #170928146

$550,000

+17.0% / yr

02/28/1994

Sold (Public Record)

Public Record #170912859

$100,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2 Perry Street

Taxable ValueLand$432,500Additions$590,000Total$1,022,500
Tax Record2025$7,342 ($612 / month)
Home Facts
Baths3Total Finished SqFt2,372 SqFtAbove Grade Finished SqFt2,372 SqFtStories2Lot Size5,332 SqFtStyleOffice BuildingYear Built1870Year Renovated1982ZoningR10CountyNEWPORTAPNNEWP M:032 B:0202

Schools near 2 Perry Street

This home is within Newport School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - 9 to 12
Public - PK to 4
Rating
School
Distance
Frank E. Thompson Middle School
Public5 to 8

Rogers High School
Public9 to 12

Newport Area Career Tech Center
Public9 to 12

Pell Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2 Perry Street is a multi-family home for sale in Newport, RI 02840. This property was listed for sale on December 29, 2025 by Gustave White Sotheby's Realty, it's currently listed at $1,825,000. It has been on the market for a total of 2 days and was last sold on March 20, 2008. This listing's school district is Newport School District. Nearby schools include Frank E. Thompson Middle School, Rogers High School and Newport Area Career Tech Center. 2 Perry Street is a 4-bed, 4-bath, 2,580 sqft multi-family home built in 1870.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Gustave White Sotheby's Realty

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.