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!
Pending
$839,000
1028 E Main Rd, Portsmouth, RI 02871
4beds
4,500sqft
Est.:
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
- 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#: 1386968

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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