Active
4 beds2,748 sqft$654/sqft
13 Sherman St, Newport, RI 02840
Est: $10,783/moGet pre-approved
Multi FamilyProperty Type
5,227 sq ftLot Size
1850Year Built
$654/sq ftPrice per sq ft
4 carsParking Spaces

Description

Set in one of Newport's most vibrant downtown locations, this exceptional four-family residence places you just moments from the city's top dining, shopping, and waterfront attractions. This building was comprehensively reimagined in 2022, delivering modern design while honoring elements of its historic character. The property is offered fully furnished and presents a rare turnkey investment or lifestyle opportunity. Each unit is filled with natural light and thoughtfully finished, featuring elevated...Set in one of Newport's most vibrant downtown locations, this exceptional four-family residence places you just moments from the city's top dining, shopping, and waterfront attractions. This building was comprehensively reimagined in 2022, delivering modern design while honoring elements of its historic character. The property is offered fully furnished and presents a rare turnkey investment or lifestyle opportunity. Each unit is filled with natural light and thoughtfully finished, featuring elevated ceilings, refined bathrooms with custom tile work and rain-style showers, and contemporary kitchens outfitted with stainless steel appliances, quartz surfaces, soft-close shaker cabinetry, and beautiful tile details. Restored hardwood flooring runs throughout, adding warmth and continuity to the interiors. The property is well-equipped with individual utilities, gas-fired heating systems, newer hot water tanks, air conditioning, and in-unit laundry in all residences. Outdoor spaces include rear decks and assigned off-street parking for four vehicles. Additional amenities include private unit entrances and shared basement storage. With proven rental performance across all units, this property presents multiple strategies owner occupancy with supplemental income, full investment, or future condominium conversion potential.
61 days on Market
  • Listed by: Tammy Bass 401.430.0856 tammybass@serhant.com Brokerage DRE #REC.0005300 • SERHANT.
Last updated: 09/05/2026 12:22 AM • Source: Rhode Island Association of REALTORS®, MLS#: 1417771

Location

Listing Courtesy of SERHANT.
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$10,783 per month

30 year fixed, 6.71% Interest

Principal and Interest

$9,291

Property Taxes

$1,492

HOA Dues

$0

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Property Information for 13 Sherman Street

Property Details
  • Taxes: $17,899 / year
  • MLS Type: Residential Income / Multi Family
  • Subdivision Name: Historic Hill
  • Waterfront Features: Walk To Water
  • Furnished: Furnished
Building Information
  • Stories: 2
  • Residences: 4
  • Year Built: 1850
  • Lot Size: 0.12 AC / 5,227 SF
Summary
Location and General Information
  • City: Newport
  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Courts, Sidewalks
  • Postal City: Newport
  • Postal Code: 02840
  • State Or Province: RI
  • Zoning: R3
  • Human Modified Y N: No
Parking
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 4
Taxes and HOA Information
  • Tax Annual Amount: $17,899.00
  • Tax Assessed Value: 1662500
  • Tax Lot: 042
  • Tax Map Number: 21
  • Tax Year: 2025
Property
Lot Information
  • Above Grade Fin SQFT: 2748.0
  • Building Area Total: 2748.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.12
  • Lot Size Area: 5227.0
  • Lot Size Square Feet: 5227.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 13SHERMANSTNEWP
  • Stories Total: 2
  • Structure Type: Apartment
Property and Assessments
  • New Construction Y N: No
  • Number Of Units Total: 4
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community Y N: No
  • Year Built: 1850
  • C L I P: 2,500,055,874
Utilities
  • Electric: Amps200Or More
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Deck, Paved Driveway
  • Fencing: Fenced
  • Foundation Details: Combination
Interior Features
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Washer
  • Basement: Full, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 4
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Fireplace Features: None
  • Fireplace Y N: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Heating: Ductless, Forced Air, Gas
  • Heating Y N: Yes
  • Interior Features: Interior Steps, Skylights, Stall Shower, Furnished, Cable Tv
  • Laundry Features: In Unit
  • Levels: One
  • Patio And Porch Features: Deck
  • Rooms Total: 12
  • Window Features: Skylights
Multi Family
Unit 1 Information
  • Actual Rent: $2,800.00
  • Description: Furnished Yearly Rental
  • Type: One Bedroom
  • Unit Type Area: 675.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
Unit 2 Information
  • Actual Rent: $2,600.00
  • Description: Furnished Yearly Rental
  • Type: One Bedroom
  • Unit Type Area: 560.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
Unit 3 Information
  • Actual Rent: $2,800.00
  • Description: Furnished Yearly
  • Type: One Bedroom
  • Unit Type Area: 650.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
Unit 4 Information
  • Actual Rent: $3,000.00
  • Description: Seasonal Rental
  • Type: One Bedroom
  • Unit Type Area: 560.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
Rental
Rental Information
  • Land Lease Y N: No

Property History for 13 Sherman Street

DateEvent & SourcePriceAppreciation
Aug 24, 2026

Price Change

Rhode Island Association of REALTORS® #1417771

$1,798,000
Aug 6, 2026

Price Change

Rhode Island Association of REALTORS® #1417771

$1,898,000
Jul 13, 2026

Listed (Active)

Rhode Island Association of REALTORS® #1417771

$1,998,000
DateEvent & SourcePrice
08/24/2026

Price Change

Rhode Island Association of REALTORS® #1417771

$1,798,000
08/06/2026

Price Change

Rhode Island Association of REALTORS® #1417771

$1,898,000
07/13/2026

Listed (Active)

Rhode Island Association of REALTORS® #1417771

$1,998,000

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

Public Records for 13 Sherman Street

Taxable ValueLand$609,600Additions$1,052,900Total$1,662,500
Tax Record2025$14,445 ($1,204 / month)
Home Facts
Baths4Total Finished SqFt2,491 SqFtAbove Grade Finished SqFt2,491 SqFtStories2Lot Size5,393 SqFtStyleMulti-Family Res (5+ Units)Year Built1850Year Renovated1982ZoningR3CountyNEWPORTAPNNEWP M:021 B:0042

Schools near 13 Sherman Street

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

Rogers High School
Public9 to 12

Pell Elementary School
PublicPK to 4

Newport Area Career Tech Center
Public9 to 12

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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13 Sherman Street is a multi-family home for sale in Newport, RI 02840. This property was listed for sale on July 13, 2026 by SERHANT., it's currently listed at $1,798,000. It has been on the market for a total of 61 days and was last sold on March 22, 2023. This listing's school district is Newport School District. Nearby schools include Frank E. Thompson Middle School, Rogers High School and Pell Elementary School. 13 Sherman Street is a 4-bed, 4-bath, 2,748 sqft multi-family home built in 1850.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of SERHANT.

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.