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1028 East Main Road Portsmouth

$825,000

4 3 4,600 sq ft

Map View Street View

The Property

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!

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Listing Details

MLS Number

1386968

Lot Size:

0.65 acres

Features

Basement: Full, Interior and Exterior, Unfinished
Bus
Commuter Bus
Golf
Highway Access
Hospital
Private School
Public School
Recreational Facilities
Restaurants
Schools
Shopping
Near Swimming
Heating: Electric, Oil, Baseboard, Central Air, Forced Air, Forced Water, Heat Pump
Heating Fuel: Electric, Oil, Baseboard, Central Air, Forced Air, Forced Water, Heat Pump
Garage: 1
Laundry
Fenced
Out Building
Private Compound
Year Built: 1790

See more features

Overview

Homes for Sale Today	56	-94.5% decrease in inventory
New on Market *	16	100% increase in new listings
Avg. Asking Price/Sq.Ft. *	$487.35	$112 increase in List Price/Sq.Ft.
Avg. Sale Price *	$1,600,125	$787,425 increase in Avg. Sale Price
Avg. Sale Price as % of Asking Price *	94.86%	2.9% increase in Sales to List Price
Avg. Sale Price/Sq.Ft. *	$583.18	$192 increase in Sale Price/Sq.Ft.
Avg. Days on Market of Sold *	77	4 decrease in days on market

* All data is calculated based on the last 30 days

Avg. Sale Price
Avg. Days on the Market
New Market Inventory

Listed by Century 21 Topsail Realty

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1028 East Main Road Portsmouth

The Property

Listing Details

MLS Number

Lot Size:

Features

Market Trends for Single Family Homes
in Portsmouth

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1028 East Main Road Portsmouth

The Property

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1028 East Main RD

Listing Details

MLS Number

Lot Size:

Features

20 Kensington AvenuePortsmouth

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20 Kensington Avenue
Portsmouth

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Portsmouth

222 Rolling Hill Road
Portsmouth