$1,798,000
 $9,652 est/mo Sourced by Back At You

13 Sherman Street,Newport, RI 02840

Newport, RI 02840

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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.

Details

MLS #1417771
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1850
Days On Site85
Listing Provided BySerhant. | Tammy Bass

Features

Bed(s)4
Bath(s) 4 Total
SQ Feet2,748
BasementY
Story(s)2
Units4
Building(s)1
ZoningR3
Acreage0.12
Golf CourseYes
Water FrontYes

Interior

Rooms Total12
HeatingNatural Gas, Forced Air
Heating Yes / NoYes
CoolingDuctless
Cooling Yes / NoYes
AppliancesGas Water Heater, Dishwasher, Dryer, Exhaust Fan, Microwave, Oven/Range, Washer
Interior FeaturesWall (Dry Wall), Stairs, Plumbing (Mixed), Plumbing (PVC), Insulation (Ceiling), Insulation (Walls)
Window FeaturesSkylight(s)
Fireplace Yes / NoNo
Fireplaces Total0
Fireplace FeaturesNone
Laundry FeaturesIn Unit

Exterior

Exterior FeaturesDeck
Foundation DetailsMixed
Lot FeaturesLocal Historic District, Fenced, Paved Driveway, Sidewalks
Patio And Porch FeaturesDeck
Community FeaturesBus, Commuter Bus, Golf, Highway Access, Hospital, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis
Construction MaterialsDry Wall, Clapboard, Wood

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesNo Garage

Utilities

UtilitiesSewer Connected, Water Connected
SewerPublic Sewer, Public
Electric200+ Amp Service

Location

Community FeaturesBus, Commuter Bus, Golf, Highway Access, Hospital, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis

Taxes

Tax Annual Amount17899
Tax Assessed Value1662500
Tax Lot042
Tax Year2025

Area Information

StateRI
CountyNewport
CityNewport
Zip Code02840
AreaNewport
Community NameHistoric Hill
Listing VS Median (in Historic Hill)
Price:
$1,798,000
low | high
Med:
$8,500
100% of Average
sqft:
2,748
low | high
Med:
1,172
100% of Average
$ / sqft:
$654
low | high
Med:
$7
100% of Average
On site:
85
low | high
Med:
140
60.714285714286% of Average
Sourced by Back At You

Market Activity 02840

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Learn More About This Property

StateRI
CountyNewport
CityNewport
Zip Code02840
AreaNewport
Community NameHistoric Hill
Listing VS Median (in Historic Hill)
Price:
$1,798,000
low | high
Med:
$8,500
100% of Average
sqft:
2,748
low | high
Med:
1,172
100% of Average
$ / sqft:
$654
low | high
Med:
$7
100% of Average
On site:
85
low | high
Med:
140
60.714285714286% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.348M - $2.247M
sqft: 2,000 - 3,000
Nearby Listings Property ImageNearby Listings Details
27 High Street UNIT 2 Property Photo 1
$1,695,000
27 High Street Unit 2
Newport, RI 02840
Listing Updated: September 28, 2026 at 6:51:25 PM PDT