Waterfront Duplex with Expansion
38 Aquidneck Avenue, Portsmouth, RI 02871
New
- Added:
- May 6, 2026
- Days on Market:
- 3
- Last Refresh:
- May 8 at 8:06 pm
Property Features for 38 Aquidneck Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Zoning
- R20
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 2, Basement, Bedroom 3
- Parking
- 3
- Parking features
- Garage
- Interior features
- Wall (Dry Wall), Wall (Plaster), Attic, Attic Stairs, Stairs, Plumbing (Mixed), Insulation (Ceiling), Insulation (Floors), Insulation (Unknown), Insulation (Walls)
- Exterior features
- Balcony
- Appliances
- Tankless Water Heater, Dishwasher, Oven/Range, Refrigerator
- Standard status
- Active
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 12647
Utilities
- Sewer type
- Septic Tank
- Heating system
- Baseboard, Oil
- Water source
- Public
- Water front features
- Waterfront
- Water front
- 1
Building Details
- Year built
- 1919
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl, Hardwood, Tile - Ceramic, Laminate
- Building materials
- Dry Wall, Plaster, Vinyl Siding
Listing agent Lisa Davis (401) 845-9200
Listing office Keller Williams Coastal 501 Centerville Rd- Suite 201, Middletown, RI (401) 845-9200
Listing date May 6, 2026
MLS# 1411598
Listing URL
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Rare waterfront property with unobstructed Sakonnet River views and potential for a private dock.
- Flexible property suitable for a multigenerational home, investment property, or custom waterfront residence.
- Located on a desirable street with elegant waterfront homes, close to restaurants, polo matches, and a short drive to Newport.
- Features a newer 4‑bedroom septic system and low‑maintenance vinyl siding.
- Framed walk‑up attic with potential for expansion and access to a third‑floor balcony with panoramic river views.
- Currently configured as a two‑family property with below‑market rents and leases expiring 5/31/26, transitioning to month‑to‑month.
Overview
This waterfront property, currently configured as a two-family investment, offers unobstructed views of the Sakonnet River. It features a newer 4-bedroom septic system and low-maintenance siding. The property presents the potential for a dock. Inside, a framed walk-up attic offers possibilities for expansion, leading to a third-floor deck or balcony with panoramic river views. The property is located on a street with waterfront residences, offering proximity to restaurants and a short drive to Newport. The property is zoned R20 and sits on a lot of 0.1108 acres. The property is suitable for a multi-generational retreat, an income-producing investment, or a custom waterfront home. The current leases expire on 5/31/26, after which tenants will be on a month-to-month basis.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Portsmouth
- County
- Newport
- State
- Rhode Island
- Longitude
- -71.240703
- Latitude
- 41.618823
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Rare waterfront duplex with expansion potential and stunning river views.
Where is this duplex located?
The property is located at 38 Aquidneck Avenue Portsmouth, RI.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Rare waterfront property with unobstructed Sakonnet River views and potential for a private dock.; Flexible property suitable for a multigenerational home, investment property, or custom waterfront residence.; Located on a desirable street with elegant waterfront homes, close to restaurants, polo matches, and a short drive to Newport.
