13 Sherman St Newport, RI 02840
Kay-Catherine NeighborhoodEstimated payment $13,065/month
Highlights
- Marina
- Deck
- Furnished
- Golf Course Community
- Wood Flooring
- 3-minute walk to Eisenhower Park
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,899
Year Built
- Built in 1850
Lot Details
- 5,227 Sq Ft Lot
- Fenced
Home Design
- Combination Foundation
- Wood Siding
- Clapboard
Interior Spaces
- 2,748 Sq Ft Home
- 2-Story Property
- Furnished
- Skylights
- Storage Room
- Utility Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 4 Parking Spaces
- No Garage
- Driveway
Outdoor Features
- Walking Distance to Water
- Deck
Location
- Property near a hospital
Utilities
- Ductless Heating Or Cooling System
- Forced Air Heating System
- Heating System Uses Gas
- 200+ Amp Service
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 042
- Assessor Parcel Number 13SHERMANSTNEWP
Community Details
Overview
- 4 Units
- Historic Hill Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
- Community Pool
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,445 | $1,662,500 | $609,600 | $1,052,900 |
| 2024 | $13,666 | $1,662,500 | $609,600 | $1,052,900 |
| 2023 | $6,254 | $630,400 | $347,500 | $282,900 |
| 2022 | $5,976 | $621,900 | $347,500 | $274,400 |
| 2021 | $5,802 | $621,900 | $347,500 | $274,400 |
| 2020 | $5,479 | $533,000 | $290,500 | $242,500 |
| 2019 | $8,219 | $533,000 | $290,500 | $242,500 |
| 2018 | $7,984 | $533,000 | $290,500 | $242,500 |
| 2017 | $6,298 | $405,000 | $162,500 | $242,500 |
| 2016 | $6,140 | $405,000 | $162,500 | $242,500 |
| 2015 | $5,990 | $405,000 | $162,500 | $242,500 |
| 2014 | $6,357 | $380,200 | $138,100 | $242,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/04/2026 02/04/26 | Price Changed | $2,149,000 | -2.2% | $782 / Sq Ft | |
| 01/07/2026 01/07/26 | For Sale | $2,198,000 | +23.8% | $800 / Sq Ft | |
| 03/22/2023 03/22/23 | Sold | $1,775,000 | -11.3% | $646 / Sq Ft | View Prior Sale |
| 01/20/2023 01/20/23 | For Sale | $2,000,000 | +105.1% | $728 / Sq Ft | |
| 09/08/2022 09/08/22 | Sold | $975,000 | -9.3% | $281 / Sq Ft | View Prior Sale |
| 08/19/2022 08/19/22 | Pending | -- | -- | -- | |
| 08/12/2022 08/12/22 | For Sale | $1,075,000 | -- | $310 / Sq Ft |
Source: State-Wide MLS
MLS Number: 1402660
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