13 Sherman Street Newport, RI $ 2,198,000
13 Sherman Street
$ 2,198,000
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13 Sherman Street

Newport, RI, 02840
$ 2,198,000
Bedrooms4 Baths4.0 Sq 2,748

Monthly Estimate*

$ 13,533

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Multi-Family Home for sale in Newport, RI

for $2,198,000 with 4 bedrooms and 4 full baths. This 2,748 square foot home was built in 1850 on a lot size of 0.12.

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.

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Multi-Family Active

Price

$ 2,198,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 14,445

Style

Lot Size

0.12

Year Built

1850

Town/City

Newport

County/Region

Newport

MLS | Web ID

1402660

List By
Serhant Rhode Island

Broker

tammybass@serhant.com

Email

Affordability Calculator

$14,737
Per Month
92%
8%
0%
Monthly Principal & Interest
$13,533
Monthly Property Taxes
$1,204
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
1/8/2026$2,198,000 Listed Price

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13 Sherman Street, Newport, RI, 02840 is a Multi-Family Home for sale at $2,198,000 with 2,748 sqft and a lot size of 0.12. 13 Sherman Street has 4 bedrooms, 4.0 baths, and was built in 1850. The property's zip code is 02840 which is in Newport, RI