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Multi family home for sale at 16 Sherman St, Newport, RI 02840 | MLS# 1424268 | Listing updated on 2026-10-08
Photo 1 of Multi family home for sale at 16 Sherman St, Newport, RI 02840 | MLS# 1424268 | Listing updated on 2026-10-08
Photo 2 of Multi family home for sale at 16 Sherman St, Newport, RI 02840 | MLS# 1424268 | Listing updated on 2026-10-08
Photo 3 of Multi family home for sale at 16 Sherman St, Newport, RI 02840 | MLS# 1424268 | Listing updated on 2026-10-08
Photo 4 of Multi family home for sale at 16 Sherman St, Newport, RI 02840 | MLS# 1424268 | Listing updated on 2026-10-08
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$2,498,888

Monthly Est:$12,438

  • Beds Icon6 Beds
  • Beds Icon
    3 Baths
  • Beds Icon3,600sqft

16 Sherman St, Newport, RI 02840

$12,438/moEst:

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  • Multi Family

  • Built in 1854

  • $-- HOA

  • 4,356 sqft lot

  • $694/sq.ft

Description

Newly offered at $2,498,888. There are houses to be admired, and houses made for living. 16 Sherman Street is decidedly both. This handsome 1856 Italianate in Newport's Historic Hill offers approximately 3,600 square feet, six bedrooms, three full baths and gracious spaces made for gathering. For years, its rooms have welcomed holiday dinners, summer cocktails, family celebrations and weekends filled with friends. Brick patios and mature landscaping create a private garden for long lunches and summer evenings, while the third-floor balcony offers western views toward the Pell Bridge. The legal two-residence configuration provides exceptional flexibility: enjoy the property as a substantial single-family home with private quarters for family and out-of-town guests, or use the separate residence for potential rental income. Everyone can come, everyone can stay and still have a little space of their own. Recent improvements include a new roof, updated electrical systems, engineered foundation reinforcement and extensive landscaping. Two off-street parking spaces and EV charging add convenience. From this in-town location, Bellevue Avenue, the harbor, Thames Street, restaurants and shops are within easy reach. A house with history, its real story is the life that happens here: summer evenings in the garden, holiday tables surrounded by family, friends from afar in their own private space, and Newport just beyond the front door. Offers to be submitted by Tuesday 9/22 at 5 PM.

  • Houzeo last checked: 3 minutes ago
  • Listing updated: October 8, 2026 at 4:14 pm
  • Listing Provided by: Jennifer Boarder (401) 252-6636 DRE #RES.0043985 | William Raveis Inspire (401) 846-3800
  • Source: RI StateWide MLS-RI | MLS#: 1424268 RI StateWide MLS-RI

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    3

  • County

    Newport County

  • City

    Newport

  • Neighborhood

    --

  • Year Built

    1854

  • HOA Fees

    -

  • Finished Area

    3,600 sqft

  • Lot Size

    4,356 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    RI StateWide MLS

  • MLS Number

    1424268

  • MLS Status

    Active

  • Days on Market

    15

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 6

    Bathrooms: 3

Interior

  • Cooling

    Window Units

  • Window Features

    Skylights

  • Appliances

    Dryer, Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Washer

  • Interior Features

    Bathtub, Cathedral Ceilings, High Ceilings, Interior Steps, Skylights, Stall Shower, Tub Shower, Vaulted Ceilings

  • Flooring

    Carpet, Hardwood, Laminate

  • Exterior Features

    Balcony, Deck, Porch, Patio

  • Sewer

    Connected, Public Sewer

  • Heating

    Baseboard, Central, Electric, Gas

Construction

  • Year Built

    Year Built: 1854

  • Home type

    Multi Family

  • Foundation Details

    Combination

  • Construction Materials

    Drywall, Plaster, Masonry

  • Architectural Style

    Stacked

Utilities & Energy

  • Electric

    Amps200or More

  • Laundry Features

    Common Area

  • Utilities

    Sewer Connected

  • Fireplace Features

    Masonry, Marble

  • Basement

    Exterior Entry, Full, Interior Entry, Unfinished

  • Parking Features

    No Garage

  • Water Source

    Connected

Other Features

  • Patio And Porch Features

    Balcony, Deck, Patio, Porch

Price History

DateEventPrice

09/24/2026

Source: mls_logoRI StateWide MLS-RI #1424259

Price Decreased

$2,498,888 -3.47%

$694/sqft

09/18/2026

Source: mls_logoRI StateWide MLS-RI #1421009

Price Decreased

$2,588,777 -10.73%

$719/sqft

09/06/2026

Source: mls_logoRI StateWide MLS-RI #1421009

Price Decreased

$2,900,000 -14.58%

$806/sqft

08/27/2026

Source: mls_logoRI StateWide MLS-RI #1421009

Listed for Sale

$3,395,000 +31.14%

$943/sqft

08/20/2026

Source: mls_logoRI StateWide MLS-RI #1421009

Off Market

$2,588,777 -29.07%

$719/sqft

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Based on information from State-Wide MLS through Oct 10, 2026, 12:30PM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 State-Wide MLS, Inc. All rights reserved.

Advertising Broker: Derek Greene | The Greene Realty Group