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.
For sale
Price cut: $100K (8/25)
$1,798,000
13 Sherman St, Newport, RI 02840
4beds
2,445sqft
Multi Family
Built in 1850
-- sqft lot
$1,725,100 Zestimate®
$735/sqft
$-- HOA
What's special
- 82 days
- 286
- 11
Zillow last checked:
Listing updated:
Listed by:
Tammy Bass 401-430-0856,
SERHANT.
Source: StateWide MLS RI,MLS#: 1417771
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Bathroom
- Features: Bath w Shower Stall
Heating
- Natural Gas, Forced Air
Cooling
- Ductless
Appliances
- Included: Gas Water Heater, Dishwasher, Dryer, Exhaust Fan, Microwave, Oven/Range, Washer
- Laundry: In Unit
Features
- Wall (Dry Wall), Stairs, Plumbing (Mixed), Plumbing (PVC), Insulation (Ceiling), Insulation (Walls)
- Flooring: Ceramic Tile, Hardwood, Laminate
- Windows: Skylight(s)
- Basement: Full,Bulkhead,Unfinished,Storage Space,Utility
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,748
- Total interior livable area: 2,445 sqft
Property
Parking
- Total spaces: 4
- Parking features: No Garage, Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: One Level
Features
- Stories: 2
- Patio & porch: Deck
- Fencing: Fenced
- Waterfront features: Walk to Salt Water
Lot
- Size: 5,227 Square Feet
- Features: Local Historic District, Sidewalks
Details
- Zoning: R3
- Other equipment: Cable TV
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Clapboard, Wood
- Foundation: Mixed
Condition
- New construction: No
- Year built: 1850
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Municipal, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
- Subdivision: Historic Hill
HOA
- Has HOA: No
Location
- Region: Newport
Financial & listing details
- Price per square foot: $735/sqft
- Annual tax amount: $17,899
- Date on market: 7/14/2026
- Inclusions: All Units are currently occupied with Tenants in place in 2026 with various lease terms. See Supplements for Lease Details and Rental Info.
- Total actual rent: 11200
- Tenant pays: Heat
Estimated market value
$1,725,100
$1.64M - $1.81M
$3,297/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Price change | $1,798,000-5.3%$735/sqft |
Source: | ||
| 8/13/2026 | Listed for sale | $1,898,000-5%$776/sqft |
Source: | ||
| 7/31/2026 | Listing removed | $3,000$1/sqft |
Source: StateWide MLS RI #1419407 Report a problem | ||
| 7/30/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/30/2026 | Listed for rent | $3,000+192.7%$1/sqft |
Source: StateWide MLS RI #1419407 Report a problem | ||
| 7/28/2026 | Listed for sale | $1,998,000$817/sqft |
Source: Owner Report a problem | ||
| 7/8/2026 | Listing removed | $1,998,000$817/sqft |
Source: | ||
| 6/19/2026 | Listed for sale | $1,998,000-9.1%$817/sqft |
Source: | ||
| 6/18/2026 | Listing removed | $2,198,000$899/sqft |
Source: | ||
| 5/20/2026 | Listed for sale | $2,198,000+4.7%$899/sqft |
Source: | ||
| 5/18/2026 | Listing removed | $2,099,000$858/sqft |
Source: | ||
| 4/25/2026 | Listed for sale | $2,099,000-2.3%$858/sqft |
Source: | ||
| 4/25/2026 | Listing removed | $2,149,000$879/sqft |
Source: | ||
| 2/4/2026 | Price change | $2,149,000-2.2%$879/sqft |
Source: | ||
| 1/8/2026 | Listed for sale | $2,198,000+23.8%$899/sqft |
Source: | ||
| 3/22/2023 | Sold | $1,775,000-6.6%$726/sqft |
Source: | ||
| 2/10/2023 | Contingent | $1,900,000$777/sqft |
Source: | ||
| 2/1/2023 | Price change | $1,900,000-5%$777/sqft |
Source: | ||
| 1/20/2023 | Listed for sale | $2,000,000+105.1%$818/sqft |
Source: | ||
| 9/8/2022 | Sold | $975,000-9.3%$399/sqft |
Source: | ||
| 8/19/2022 | Pending sale | $1,075,000$440/sqft |
Source: | ||
| 8/12/2022 | Listed for sale | $1,075,000$440/sqft |
Source: | ||
| 8/26/2020 | Listing removed | $1,025 |
Source: William Raveis Real Estate Report a problem | ||
| 8/24/2020 | Listed for rent | $1,025 |
Source: William Raveis Real Estate Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment








