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Pending
  • $839,000

    1028 E Main Rd, Portsmouth, RI 02871

    4beds
    4,500sqft
    : 
    Multi Family
    Built in 1790
    -- sqft lot
    $821,800 Zestimate®
    $186/sqft
    $-- HOA

    What's special

    Stunning beachesHistoric gemPrivacy and convenienceComfortable living spacesSolidly built home
    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): 1 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!
    59 days
    on Zillow
    |
    65
    |
    1
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: July 12, 2025 at 07:53am

    Listed by:

    Stephen Martel 401-523-6348,

    Century 21 Topsail Realty,

    Paula Martel 401-447-6805,

    Century 21 Topsail Realty

    Source: StateWide MLS RI,MLS#: 1386968MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Bathroom
    • Features: Bath w Tub & Shower
    Heating
    • Electric, Oil, Baseboard, Central Air, Forced Air, Forced Water, Heat Pump
    Cooling
    • Central Air, Heat Pump
    Appliances
    • Laundry: In Unit
    Features
    • Wall (Plaster), Plumbing (Copper), Plumbing (Galvanized), Plumbing (Mixed), Plumbing (PVC), Insulation (Unknown)
    • Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
    • Windows: Insulated Windows
    • Basement: Full,Interior and Exterior,Unfinished
    • Attic: Attic Stairs
    • Number of fireplaces: 1
    • Fireplace features: None
    Interior area
    • Total structure area: 4,600
    • Total interior livable area: 4,500 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 7
    • Parking features: Detached
    • Garage spaces: 1
    Features
    • Stories: 2
    • Fencing: Fenced
    Lot
    • Size: 0.65 Acres
    • Features: Secluded
    Details
    • Additional structures: Outbuilding
    • Parcel number: PORTM057B0034B
    • Zoning: mix
    • Other equipment: Cable TV

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Plaster, Clapboard, Shingles, Wood
    • Foundation: Stone
    Condition
    • New construction: No
    • Year built: 1790

    Utilities & green energy

    • Electric: 100 Amp Service, Circuit Breakers, Individual Meter
    • Sewer: Septic Tank
    • Water: Individual Meter, Municipal
    • Utilities for property: Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming
    • Subdivision: East Main Rd
    HOA
    • Has HOA: No
    Location
    • Region: Portsmouth

    Financial & listing details

    • Price per square foot: $186/sqft
    • Tax assessed value: $627,400
    • Annual tax amount: $8,269
    • Date on market: 6/16/2025
    • Inclusions: New Septic system plan, Sales Disclosure & Lead
    • Total actual rent: 2400
    • Tenant pays: Hot Water, Heat
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