493 Turnpike Avenue Portsmouth, RI $ 424,900
493 Turnpike Avenue
$ 424,900
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493 Turnpike Avenue

Portsmouth, RI, 02871
$ 424,900
Bedrooms2 Baths1.1 Sq 1,001

Monthly Estimate*

$ 2,616

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Single Family Home for sale in Portsmouth, RI

for $424,900 with 2 bedrooms and 1 full bath, 1 half bath. This 1,001 square foot home was built in 1900 on a lot size of 0.95.

One of the most affordable opportunities on Aquidneck Island, this property offers incredible value with many major updates already completed. With the big-ticket improvements in place, the next owner can focus on adding their own cosmetic touches to truly make it their own. The updated kitchen (2018) features slate tile flooring, a marble backsplash, inset cabinetry, butcher block countertops, and stainless steel appliances blending style and functionality. The first floor also offers a spacious double parlor with hardwood flooring, along with a convenient half bath and in-unit laundry. Upstairs, you'll find a generously sized primary bedroom, a second bedroom, and a full bathroom with a tub. Significant upgrades include a two-bedroom septic system (2015), Pella replacement windows (2016), a high-efficiency tankless boiler (2017), a new roof (2017), and a 200-amp electrical service (2015) connected to the two-car garage/workshop. Set on just under an acre, the property provides ample space for expansion or the potential for an accessory dwelling unit (ADU). Ideally located near Portsmouth High School, shopping, and Route 24, this home combines convenience, value, and future potential.

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Single Family Active

Price

$ 424,900

Bedrooms

2

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 3,812

Style

Lot Size

0.95

Year Built

1900

Town/City

Portsmouth

County/Region

Newport

MLS | Web ID

1408377

Features
General
Sewer Septic Tank
Heating Baseboard Gas Hot Water
Cooling None
Possession Close Through 45 Days Immediately
Zoning R20
Garage Spaces 2
Construction Materials Drywall Plaster Vinyl Siding
Year Built 1900
Electric 100 Amp Service 200+ Amp Service
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Business Type Other
Community Features Golf Highway Access Marina Near Hospital Near Schools Pool Public Transportation Recreation Area Restaurant Shopping Tennis Court(s)
County Newport
New Construction false
Property Type Residential
Attached Garage false
Garage Y/N true
Total Rooms 4
Full Baths 1
Status Active
City Portsmouth
Senior Community Y/N false
Lot Size Units Square Feet
Lot Size Square Feet 41382
Land Lease Y/N false
Tax Annual Amount 3812
Virtual Tour https://tour.RiLiving.com/493-Turnpike-Avenue-Portsmouth-RI-02871
Standard Status Active
Tax Assessed Value 287100
Tax Lot 52
Property Sub Type Additional Single Family Residence
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Interior
Interior Amenities Attic Interior Steps Tub Shower
Basement Exterior Entry Full Interior Entry Unfinished
Flooring Hardwood Other
Total Fireplaces 0
Fireplace Features None
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Half Baths 1
Total Bedrooms 2
Below Grade Finished Area 0
Total Baths 2
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Exterior
Parking Features Detached Garage
Water Source Public
Total Parking 7
Inclusions New tax assessment for 2026 is $368 400 with new tax rate to be determined.
Lot Size Area 41382
Foundation Details See Remarks
Building Area Total 1001
Lot Size Acres 0.95
Covered Spaces 2
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* Excluded Features
List By
Compass

Broker

kypacia@compass.com

Email

Affordability Calculator

$2,934
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,616
Monthly Property Taxes
$318
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
3/25/2026$424,900 Listed Price

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493 Turnpike Avenue, Portsmouth, RI, 02871 is a Single Family Home for sale at $424,900 with 1,001 sqft and a lot size of 0.95. 493 Turnpike Avenue has 2 bedrooms, 1.1 baths, and was built in 1900. The property's zip code is 02871 which is in Portsmouth, RI