New

Virtual Tour

$3,650,000

For Sale

5 days ago

16 Sherman St, Newport, RI

House

MLS® 1421009

6 Bed

3 Bath

3600 sqft

2 Parking

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size 3600 sqft

Garage

Taxes $9,362

Days Active 11

Lot Size 0.1 Acres

Approx. Age 1850

Avg. Price Per Sqft $1,013

MLS® Number 1421009

Property Address: 16 Sherman St, Newport, RI, 02840-2924

Average square foot calculated using Size range provided by listing agent.

Description

Historic Italianate Victorian in Newport's Historic Hill neighborhood with spectacular Pell Bridge views. The home has been enjoyed as a single family for several years with the third being used as a luxurious guest suite. There are two legal apartments that retain all the potential for rental income. The first two floors are one large potential apartment with one bedroom and a full bath on the first floor and three additional bedrooms and full bath on the second floor. The first floor has a formal living room and dining room as well as an eat in kitchen and office while the second floor has a fabulous second living room for watching TV, reading, or playing games. The third floor apartment is a contemporary open floor plan with cathedral ceilings throughout. A new kitchen and bath fresh paint and updated carpeting make this a modern yet cozy space. The view from the balcony is a dream. The third floor apartment also enjoys a new private bricked patio with a shade tree leading to its private entrance. The flexible use of this beautiful historic home also makes a wonderful single family home with six bedrooms, a private garden and several patios, new roof and electrical and new landscaping with a brick two car driveway with EV charger. The home has the scale and character of a true Newport home with thoughtful updates for today. A special property in a wonderful location. Open Houses August 21, 22, and 23. Also listed under MLS # 1420425

MLS® Number1421009

Laundry Level

Central VacNo

FireplaceYes

Acreage

Exterior

Garage

Approx. Age1850

BasementExterior Entry, Full, Interior Entry, Unfinished

DrivewayNo Garage

Garage Spaces

HeatBaseboard, Central, Electric, Gas

A/CWindow Units

Extras

The current owners have enjoyed the home as a single family home. The 3rd floor apartment could rent for 3-4K per month. See local rental rates for Historic Hill 4 Br and 2 Br apts with Pell Bridge views and private outdoor spaces and parking. Each unit is allowed a guest parking pass issued by the city.

Price History

-End Date

Not Sold YetSold Price

For Sale

Aug 18, 2026List Date

$3,650,000List Price

Commute

Commute

Starting Address

Destination Address

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