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    Portsmouth, RI Apartment Buildings for Sale

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    5-Unit Apartment Property
    Updated: Sep 19
    5-Unit Apartment Property

    2801 E Main Road, Portsmouth, RI 02871

    $1,095,000
    6,253 sqft 0.30 AC lot
    Five residences across two separate buildings
    Main building: 3,323 square feet with four one‑bedroom apartments
    Second building: 959 square feet with a two‑bedroom residence
    Each unit has an individual heating and hot water system
    0.3‑acre site zoned C
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    11-Unit Apartment Portfolio
    Updated: Aug 26
    11-Unit Apartment Portfolio

    46 Statue Way, Portsmouth, RI 02871

    $4,000,000
    11‑unit condominium rental portfolio across 8 townhouse buildings
    Built in 1986; converted to condominiums in 2004
    Most buildings include decks; units feature in‑unit laundry and garage parking
    Solar electric systems serve 7 of 8 buildings
    Unit #46 detached garage identified as ADU‑conversion ready under Rhode Island’s statewide ADU law
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    Five-Unit Apartment Buildings
    Five-Unit Apartment Buildings

    2801 East Main Road, Portsmouth, RI 02871

    $1,095,000
    6,253 sqft

    Two separate buildings offer distinct residential spaces with individually controlled heating and hot water systems.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    11-Unit Townhouse Apartment Portfolio
    11-Unit Townhouse Apartment Portfolio

    46 Statue Way, Portsmouth, RI 02871

    $4,000,000
    13,740 sqft

    Condominium-structured rental property with townhouse buildings, decks, in-unit laundry, and garage parking.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Portsmouth, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Seven-Unit Apartment Building
    Seven-Unit Apartment Building

    80 Briarwood Avenue, Middletown, RI 02842

    $2,500,000
    5,993 sqft 0.46 AC lot

    Multifamily property with varied apartment layouts, off-street parking, and public water and sewer service.

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    7-Unit Apartment Property
    7-Unit Apartment Property

    80 Briarwood Avenue, Middletown, RI 02842

    $2,500,000
    5,993 sqft 0.50 AC lot

    Multifamily property with varied apartment layouts, off-street parking, and coastal views near Easton's Beach.

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    6-Unit Apartment Building
    6-Unit Apartment Building

    229 Tripp St, Fall River, MA 02724

    $935,000
    4,968 sqft 0.14 AC lot

    Three-story property with two-bedroom residences, assigned off-street parking, and a fenced yard.

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    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    123 Family Dr, Fall River, MA 02721

    $1,100,000
    7,819 sqft

    Seven residential units include six two-bedroom apartments and a separate studio, alongside retail and office space.

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    Portsmouth, RI Apartment Buildings Market Trends and Statistics

    Explore 4 apartment buildings for sale in Portsmouth, RI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 26,246 square feet of properties for sale, with an estimated market value of $10,190,000.

    Sale prices for apartment complexes in Portsmouth, RI start at $1,095,000, averaging $2,547,500, and reaching up to $4,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 18K
    Population Growth (5Y) +2.9%
    Median Household Income $119,135
    College Educated 83.7%

    High-Yield Neighborhoods for Investment

    Identify Portsmouth submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    02871 $2.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.28%
    Property Tax per SF $18.92 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Newport County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Newport County

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    Residential Income

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