- 6 beds
- 4 baths
- 4,600 sqft
- ~3/4 acre lot
- $182 per sqft
- 1790 build
Prime Investment Opportunity Two Single-Family Homes with Outbuildings in Portsmouth, RI! Located just minutes from Newport and Middletown's stunning beaches, this unique property offers endless possibilities. Currently utilized as residential rentals with month-to-month leases in place, it's a versatile investment suited for income generation, commercial use, or even a multi-generational living setup. Each home has its own distinct charm and comfortable living spaces, ensuring privacy and convenience. Front House (Built in 1790): 3 bedrooms, 1.5 baths a historic gem needing some TLC to restore its full potential. Rear House (Built in the 1950s): 3 bedrooms, 1.5 baths a solidly built home offering additional space and opportunity. Nestled within a vibrant business zone, this property is perfect for entrepreneurs, investors, or those seeking a flexible real estate venture. Don't miss out on this rare opportunity in a highly desirable location!
Last checked:
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Last updated Jun 17, 2025
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MLS# 1386968 —
Upcoming Open Houses
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Thursday, 6/19
3pm-6pm
The Building
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Year Built:1790
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New Construction:false
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Building Area Total:4600.0
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Construction Materials:Plaster,Clapboard,ShingleSiding,WoodSiding
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Foundation Details:Stone
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Stories Total:2
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Basement:ExteriorEntry,Full,InteriorEntry,Unfinished
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Basement:true
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Window Features:ThermalWindows
Interior
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Interior Features:Attic,PermanentAtticStairs,TubShower,CableTv
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Flooring:CeramicTile,Hardwood,Laminate,Carpet
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Fireplace:false
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Fireplaces Total:1
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Fireplace Features:None
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Laundry Features:InUnit
Room Dimensions
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Living Area Source:PublicRecords
Location
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Latitude:41.561924
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Longitude:-71.25448
The Property
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Features:Private,Secluded
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Lot Size Acres:0.65
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Lot Size Area:28314.0
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Lot Size Square Feet:28314.0
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Lot Size Units:SquareFeet
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Parcel Number:1028EASTMAINRDPORT
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Zoning:mix
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Fencing:Fenced
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Frontage Length:125
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (401) 523-6348
- Office phone:
- (401) 683-4900
Taxes
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Tax Year:2024
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Tax Annual Amount:8269.0
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Tax Assessed Value:627400
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Tax Lot:34B
Beds
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Bedrooms Total:6
Baths
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Total Baths:4
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Full Baths:2
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Half Baths:2
The Listing
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Virtual Tour URL Unbranded:https://tour.RiLiving.com/1028-Main-Road-Portsmouth-RI-02871
Heating & Cooling
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Heating:Baseboard,Electric,ForcedAir,HeatPump,HotWater,Oil
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Heating:true
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Cooling:HeatPump,CentralAir
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Cooling:true
Utilities
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Utilities:SewerConnected
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Electric:Amps100,CircuitBreakers
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Sewer:Connected,SepticTank
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Water Source:Connected,MultipleMeters,Public
Appliances
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Appliances:WaterHeater
The Community
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Subdivision Name:East Main Rd
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Senior Community:false
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Community Features:Golf,HighwayAccess,NearHospital,NearSchools,PublicTransportation,RecreationArea,Restaurant,Shopping
Parking
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Parking Total:7.0
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Parking Features:Detached,Garage
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Attached Garage:false
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Garage:true
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Garage Spaces:1.0
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Covered Spaces:1.0
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/16/25
Jun 16, 2025
|
Listed / Active | RIMLS | $839,000 |