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13 Sherman Street

Newport, RI 02840
  • $2,198,000
  • STATUS: Active
  • ON SITE: 8 Days
  • MLS #: 1402660
UPDATED: 52 min ago
$2,198,000
  • 4
    BEDS
  • 0.12
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,748
    SQFT
  • $800
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1850
County:
Area:

School Ratings & Info

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 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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[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Lavonne Lopes Group | Keller Williams Coastal are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lavonne Lopes Group | Keller Williams Coastal. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-01-16T22:37:41.953.
www.lavonnelopes.com/homes/171817600
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13 Sherman Street Newport, RI 02840

  • Price: $2,198,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 52 min ago
  • MLS #: 1402660
4
Beds
4
Baths
0
½ Baths
0.12
Acres
2,748
SQFT
$800
$/SQFT
1850
Built
Neighborhood:
Historic Hill
County:
Newport
Area:
Newport
Property 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 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.
Exterior Features

Architectural Style Stacked Side By Side Construction Materials Drywall Clapboard Wood Siding Covered Spaces 0 Exterior Features Deck Paved Driveway Fencing Fenced Foundation Details Combination Garage YN No Levels One Parking Features No Garage Parking Total 4 Patio And Porch Features Deck Waterfront Features Walk to Water

Interior Features

Appliances Dryer Dishwasher Exhaust Fan Gas Water Heater Microwave Oven Range Washer Basement Full Unfinished Basement YN Yes Cooling Ductless Cooling YN Yes Fireplace Features None Fireplace YN No Fireplaces Total 0 Flooring Ceramic Tile Hardwood Laminate Furnished Furnished Heating Ductless Forced Air Gas Heating YN Yes Interior Features Interior Steps Skylights Stall Shower Furnished Cable TV Window Features Skylight(s)

Property Features

Community Features Golf Highway Access Marina Near Hospital Near Schools Public Transportation Recreation Area Restaurant Shopping Tennis Court(s) Sidewalks Electric 200+ Amp Service Human Modified YN Yes Inclusions All Units are currently occupied with Tenants in place until 2026. See Supplements for Lease Details and Rental Info. Land Lease YN No Laundry Features In Unit New Construction YN No Operating Expense 0 Property Sub Type Multi Family Senior Community YN No Sewer Connected Public Sewer Tax Annual Amount 14445 Tax Assessed Value 1662500 Tax Lot 042 Tax Year 2025 Utilities Sewer Connected Water Source Connected Public Zoning R3

[Rhode Island Statewide MLS] logo Listing information © 2026 State-Wide Multiple Listing Service.
Listing provided courtesy of Serhant Rhode Island: .



[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Lavonne Lopes Group | Keller Williams Coastal are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lavonne Lopes Group | Keller Williams Coastal. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-01-16T22:37:41.953.
 
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The Lavonne Lopes Group | Keller Williams Coastal
501 Centerville Rd. Suite 201
Warwick RI, 02886