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$2,198,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 4 Total Beds
  • 0.12 Acres
  • Updated 4 days ago
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13 Sherman Street, Newport, RIVideo Tour of 13 Sherman Street, Newport, RI.
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.

Full Property Details for 13 Sherman St

General

  • Price: $2,198,000
  • Taxes: $14,445 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: STWMLS
  • MLS ID: 1402660
  • Updated: 1/13/2026
  • Added to Site: 10 day(s) ago

Interior

  • Number of Rooms: 12
  • Interior Features: Interior Steps, Skylights, Stall Shower, Furnished, Cable TV
  • Fireplace(s): None
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Washer
  • Furnished: Yes
  • Furnishings: Furnished
  • Flooring: Ceramic Tile, Hardwood, Laminate

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: In Unit

Additional Information

  • Tennis: Yes

Exterior

  • Exterior Features: Deck, Paved Driveway
  • Porch/Patio/Deck: Deck

Parking

  • Total Spaces: 4
  • Parking Features: No Garage

Location

  • County: Newport
  • Subdivision: Historic Hill
  • Near Highway: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ductless
  • Heating Type: Ductless, Forced Air, Gas

Utilities

  • Sewer: Connected, Public Sewer
  • Water: Connected, Public
  • Utility Description: Sewer Connected

Structural Information

  • # Buildings: 1
  • Architectural Style: Stacked, SideBySide
  • Detached/Attached: Detached
  • Construction: Drywall, Clapboard, Wood Siding
  • Basement: Yes
  • Basement Desc.: Full, Unfinished
  • Windows: Skylight(s)
  • Stories/Levels: 2
  • Building Size: 2748
  • Finished Total: 2,748 Sq. Ft.
  • Finished Above Grnd: 2,748 Sq. Ft.
  • Year Built: 1850

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,227
  • Lot Size: 5227
  • Sidewalks: Yes
  • Fencing (Description): Fenced

Water Features

  • Water Front Desc.: Walk to Water

Financial Considerations

  • Tax Amount: $14,445
  • Tax Year: 2025

Disclosures and Reports

  • Inclusions: All Units are currently occupied with Tenants in place until 2026. See Supplements for Lease Details and Rental Info.
  • Property ID: 13SHERMANSTNEWP
  • Lot Number: 42

Listed by Serhant Rhode Island

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Listing agent

— 13 Sherman St —

  • Serhant Rhode Island

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 13 Sherman St

School District:Newport School District, Newport, RI
NameGradesDistance
Frank E. Thompson Middle School
55 Broadway, Newport, RI 02840
5-80.1 mi
Pell Elementary School
35 Dexter Street, Newport, RI 02840
PK-41.3 mi
Rogers High School
15 Wickham Road, Newport, RI 02840
9-121.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 13 Sherman St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/07/2026
Listed
$2,198,000
23.83%
MLS
3/22/2023
Sold
$1,775,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 13 Sherman St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,445
6%
$1,662,500
—
2024
$13,666
119%
$1,662,500
164%
2023
$6,254
5%
$630,400
1%
2022
$5,976
3%
$621,900
—
2021
$5,802
6%
$621,900
17%
2020
$5,479
-33%
$533,000
—
2019
$8,219
3%
$533,000
—
2018
$7,984
27%
$533,000
32%
2017
$6,298
3%
$405,000
—
2016
$6,140
3%
$405,000
—
2015
$5,990
-6%
$405,000
7%
2014
$6,357
3%
$380,200
—
2013
$6,171
—
$380,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Serhant Rhode Island

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13 Sherman Street, Newport, RI 02840 (MLS# 1402660) is a Multi-Family property with 4 units containing 4 bedrooms and 4 full bathrooms. 13 Sherman Street is currently listed for $2,198,000 and was received on January 07, 2026. Want to learn more about 13 Sherman Street? Do you have questions about finding other Multi-Family real estate for sale in Newport? You can browse all Newport real estate or contact a Coldwell Banker agent to request more information.

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