2801 East Main Road Portsmouth, RI $ 1,095,000
2801 East Main Road
$ 1,095,000
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2801 East Main Road

Portsmouth, RI, 02871
$ 1,095,000
Bedrooms4 Baths4.0 Sq 6,253

Monthly Estimate*

$ 6,914

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Multi-Family Home for sale in Portsmouth, RI

for $1,095,000 with 4 bedrooms and 4 full baths. This 6,253 square foot home was built in 1887 on a lot size of 0.3.

Well-maintained five-unit multifamily property, zoned commercial, consisting of two separate buildings. The main building at 2803 East Main Road has 3323 sq ft of living space containing four one-bedroom apartments, while the second 959 sq ft building at 2801 East Main Road is a separate two-bedroom residence. The separate buildings provide flexibility for investors as well as owner-occupants. Each unit has its own individual heating and hot water system, with tenants responsible for most utilities. Current rents are below market, providing an opportunity to increase rental income through future rent adjustments. Ample parking is also available. The existing five-unit configuration, separate buildings, individual systems, and established rental income provide a solid foundation for an investor looking to add to a multifamily portfolio or an owner-occupant seeking rental income from the additional units.

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Multi-Family Active

Price

$ 1,095,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,164

Style

Lot Size

0.3

Year Built

1887

Town/City

Portsmouth

County/Region

Newport

MLS | Web ID

1423564

Features
General
Sewer Septic Tank
Heating Baseboard Electric Forced Air Gas
Cooling Window Unit(s)
Possession Rental Agreement
Zoning C
Garage Spaces 0
Construction Materials Drywall Other Vinyl Siding
Year Built 1887
Electric 100 Amp Service
Property Subtype Multi Family
Tax Year 2025
Community Features Golf Highway Access Marina Near Schools Pool Public Transportation Recreation Area Restaurant Shopping Tennis Court(s)
County Newport
Operating Expense 24781
New Construction false
Property Type Residential Income
Garage Y/N false
Total Rooms 11
Full Baths 4
Status Active
City Portsmouth
Senior Community Y/N false
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 13068
Land Lease Y/N false
Tax Annual Amount 7164.07
Virtual Tour https://youriguide.com/2801_2803_e_main_rd_portsmouth_ri/
Standard Status Active
Tax Assessed Value 728500
Tax Lot 23 23A
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Interior
Interior Amenities Cathedral Ceiling(s) High Ceilings Interior Steps Tub Shower Vaulted Ceiling(s) Cable TV
Basement Full Unfinished
Flooring Ceramic Tile Hardwood Laminate Vinyl Carpet
Total Fireplaces 1
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 0
Laundry Features Common Area
Total Bedrooms 4
Total Baths 4
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Exterior
Exterior Amenities Paved Driveway
Parking Features No Garage
Lot Features Paved
Water Source Connected
Total Parking 6
Lot Size Area 13068
Foundation Details Combination
Number of Buildings 2
Building Area Total 6253
Lot Size Acres 0.3
Covered Spaces 0
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* Excluded Features
List By
Hogan Associates Christie's

Broker

kevan@hoganassociatesre.com

Email

Affordability Calculator

$7,511
Per Month
92%
8%
0%
Monthly Principal & Interest
$6,914
Monthly Property Taxes
$597
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
9/19/2026$1,095,000 Listed Price

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2801 East Main Road, Portsmouth, RI, 02871 is a Multi-Family Home for sale at $1,095,000 with 6,253 sqft and a lot size of 0.3. 2801 East Main Road has 4 bedrooms, 4.0 baths, and was built in 1887. The property's zip code is 02871 which is in Portsmouth, RI