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Portsmouth, RI Apartment Buildings for Sale

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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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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

6-Unit Apartment Building
6-Unit Apartment Building

229 Tripp Street, Fall River, MA 02724

$975,000
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 Buildings with Income Potential
Mixed-Use Buildings with Income Potential

28-30-32 Main Road, Tiverton, RI 02878

$1,400,000
13,253 sqft

Three buildings with 13 rentable units, offering income potential.

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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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Mixed-Use Property with Income Potential
Mixed-Use Property with Income Potential

28-30-32 Main Road, Tiverton, RI 02878

$1,400,000
13,231 sqft 0.44 AC lot

Three buildings with 13 rentable units grossing $98,280 annually.

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Portsmouth, RI Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Portsmouth, RI on our real estate platform.

Sale prices for two-family homes in Portsmouth, RI average $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%

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)

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