16 Sherman Street, Newport, Rhode Island 02840
1/30

$3,395,000 USD

Multi Family Home for Sale, 16 Sherman Street, Newport, Rhode Island 02840

  • MLS#1421009
  • 6
  • 3
  • 334 m² (3,600 ft²)

Listed By William Raveis Inspire

The Multi Family Home for Sale located at 16 Sherman Street, Newport, Rhode Island 02840 is currently for sale. 16 Sherman Street, Newport, Rhode Island 02840 is listed for $3,395,000. This property has 6 bedrooms, 3 bathrooms.

Date Updated : Sep 1, 2026

Property features

Property

  • Property size: 334 m² (3,600 ft²)
  • Features: PorchBalconyDeckBasementPatioFireplace

Lot/Land

  • Land/Lot size: 405 m² (4,356 ft²)
  • Local zoning: Historical District

Construction

  • Year built: 1850
  • Basement and foundation: UnfinishedFull Basement

Bedrooms

  • Bedrooms: 6

Bathrooms

  • Total bathrooms: 3
  • Full bathrooms: 3

Interior Features

  • Walls: Plaster WallsDrywall Walls
  • Windows: Skylights
  • Floors: HardwoodLaminateCarpet
  • Number of fireplaces: 3
  • Fireplace description: Brick

Exterior Features

  • Outdoor spaces: PorchBalconyDeckPatio
  • Carport spaces:

Heating and Cooling

  • Heating System: BaseboardNatural GasElectricCentral
  • Cooling System: Window Unit(s)

Utilities

  • Other utilities: WaterPublic Sewer

Description

A grand two-family residence in the heart of Newport’s Historic Hill, 16 Sherman offers approximately 3,600 square feet of living space with six bedrooms and three full baths.Its scale, private outdoor areas and exceptional walkability create a rare opportunity for owner-occupancy, or investment in one of Newport’s most desirable neighborhoods.

The expansive main residence occupies the first two floors and would make an impressive owner’s unit.Traditionally Newport in character, it features high ceilings, generously proportioned rooms, original architectural details and higher-end finishes. A private, mature garden and brick patio provide secluded outdoor spaces for dining, entertaining and daily enjoyment.

The third floor is a completely separate apartment.Its bright, modern design offers a striking contrast to the traditional residence below.The apartment also enjoys its own private outdoor spaces: a west-facing balcony with views toward the Pell Bridge and Newport’s spectacular sunsets and its own outdoor garden patio. Recent improvements to the property include a new roof, updated electrical systems, professionally engineered foundation reinforcement and extensive landscaping.Off-street parking for two cars and an EV charger add everyday convenience.

A distinctive Historic Hill property offering two private residences, separate outdoor retreats and the freedom to experience Newport largely on foot. Also offered as a single-family residence under MLS #1420425.

Location

16 Sherman Street, Newport, Rhode Island 02840

16 Sherman Street, Newport, Rhode Island 02840