Date
Details
Price
Change
Source
9/24/2026
Listed
$2,498,888
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/27
$2,498,888 Just Listed
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1/27
Property Description
Newly offered at $2,498,888. There are houses to be admired, and houses made for living. 16 Sherman Street is decidedly both. This handsome 1856 Italianate in Newport's Historic Hill offers approximately 3,600 square feet, six bedrooms, three full baths and gracious spaces made for gathering. For years, its rooms have welcomed holiday dinners, summer cocktails, family celebrations and weekends filled with friends. Brick patios and mature landscaping create a private garden for long lunches and summer evenings, while the third-floor balcony offers western views toward the Pell Bridge. The legal two-residence configuration provides exceptional flexibility: enjoy the property as a substantial single-family home with private quarters for family and out-of-town guests, or use the separate residence for potential rental income. Everyone can come, everyone can stay and still have a little space of their own. Recent improvements include a new roof, updated electrical systems, engineered foundation reinforcement and extensive landscaping. Two off-street parking spaces and EV charging add convenience. From this in-town location, Bellevue Avenue, the harbor, Thames Street, restaurants and shops are within easy reach. A house with history, its real story is the life that happens here: summer evenings in the garden, holiday tables surrounded by family, friends from afar in their own private space, and Newport just beyond the front door. Offers to be submitted by Tuesday 9/22 at 5 PM.
Full Property Details
Full Property Details for 16 Sherman St
General
- Price: $2,498,888
- Taxes: $9,362 (2025)
- Status: Active
- Type: Multi-Family
- Source: STWMLS
- MLS ID: 1424268
- Updated: 9/24/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 17
- Interior Features: Bathtub, Cathedral Ceiling(s), High Ceilings, Interior Steps, Skylights, Stall Shower, Tub Shower, Vaulted Ceiling(s)
- Fireplace: Yes
- Number of Fireplaces: 3
- Fireplace(s): Masonry, Marble
- Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Washer
- Flooring: Carpet, Hardwood, Laminate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Common Area
Exterior
- Exterior Features: Balcony, Deck, Porch, Patio
- Porch/Patio/Deck: Balcony, Deck, Patio, Porch
Parking
- Total Spaces: 2
- Parking Features: No Garage
Location
- County: Newport
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Baseboard, Central, Electric, Gas
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Architectural Style: Stacked
- Detached/Attached: Detached
- Construction: Drywall, Plaster, Masonry
- Basement: Yes
- Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
- Windows: Skylight(s)
- Stories/Levels: 3
- Building Size: 3600
- Finished Total: 3,600 Sq. Ft.
- Finished Above Grnd: 3,600 Sq. Ft.
- Year Built: 1854
Lot Features
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,356
- Lot Size: 4356
Financial Considerations
- Tax Amount: $9,362
- Tax Year: 2025
Disclosures and Reports
- Inclusions: See Recent Upgrades Sheet. There is no current rental record as the current owners have enjoyed the home as a single family home with an extensive guest or au pair suite. The 3rd floor apartment could rent for 3-4K per month. See local rental rates for Historic Hill 4 Br and 2 Br apts with Pell Bridge views and private outdoor spaces and parking. Each unit is allowed a guest parking pass issued by the city.
- Property ID: 16SHERMANSTNEWP
- Lot Number: 48
Listed by William Raveis Inspire
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 16 Sherman St —
William Raveis Inspire
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 16 Sherman St
School District:Newport School District, Newport, RI
| Name | Grades | Distance |
|---|---|---|
Frank E. Thompson Middle School 55 Broadway, Newport, RI 02840 | 5-8 | 0.1 mi |
Pell Elementary School 35 Dexter Street, Newport, RI 02840 | PK-4 | 1.3 mi |
Rogers High School 15 Wickham Road, Newport, RI 02840 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16 Sherman St
Tax History
Tax History for 16 Sherman St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,362
3%
$1,303,900
—
2024
$9,088
13%
$1,303,900
61%
2023
$8,051
3%
$811,600
—
2022
$7,799
3%
$811,600
—
2021
$7,572
-7%
$811,600
3%
2020
$8,124
—
$790,300
—
2019
$8,124
3%
$790,300
—
2018
$7,895
18%
$790,300
32%
2017
$6,692
3%
$597,000
—
2016
$6,525
2%
$597,000
—
2015
$6,370
-11%
$597,000
1%
2014
$7,143
3%
$592,300
—
2013
$6,936
—
$592,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 16 Sherman St
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- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,265Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
- 2,135Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 1Total Bath
- 1,162Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 2Total Baths
- 2,073Sq. Ft.
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- Single Family
- Active
- Updated 3 days ago
- 2Beds
- 1Total Bath
- 924Sq. Ft.
- Condo
- Active
- Updated 5 days ago
- 2Beds
- 3Total Baths
- 1,872Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 1Total Bath
- 1,192Sq. Ft.
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- Single Family
- Closed
- 4Beds
- 3Total Baths
- 2,180Sq. Ft.
Listed by Lisanne Morrison
Sold by Maura Sayre and Maria Leroux
Sold by Maura Sayre and Maria Leroux
16 Sherman Street, Newport, RI 02840 (MLS# 1424268) is a Multi-Family property with 2 units containing 6 bedrooms and 3 full bathrooms. 16 Sherman Street is currently listed for $2,498,888 and was received on September 24, 2026. Want to learn more about 16 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.