Portsmouth, RI Multifamily properties for sale

Updated: May 6

Two-Unit Waterfront Duplex

38 Aquidneck Avenue, Portsmouth, RI 02871

$1,099,000

4,552 sqft 0.11 AC lot

0.1108‑acre waterfront duplex overlooking the Sakonnet River
4,552 SF duplex built in 1919, zoned R20
Newer 4‑bedroom septic system plus public water
Framed walk‑up attic with potential for expansion to a third‑floor deck/balcony
Tankless water heater, dishwasher, oven/range, and refrigerator included

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This listing looks promising.

Here's a quick look at some key insights for

38 Aquidneck Avenue, Portsmouth, RI 02871

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Est. Cap Rate

6.9%
Above avg (5.9%)
Est. NOI

$76K
Annual
Price @ 7% Cap

$1.09M
Suggested
Property Type

Duplex
Built 1919

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Portsmouth, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Multifamily

46 E Street, Bristol, RI 02809

$789,900

2,296 sqft

Triplexes · 2,296 SF

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Historic Multifamily with Fire-Station Barn

22 South Avenue, Tiverton, RI 02878

$899,000

2,070 sqft

Circa 1890 multifamily property with heated, finished barn plus multiple outbuildings and mechanical updates.

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Duplex With Natural Gas Heat

25 Richmond Street, Bristol, RI 02809

$360,000

2,160 sqft 0.06 AC lot

Bristol duplex built in 1900 with 2 bathrooms, 4 bedrooms, a basement, and natural gas steam heat.

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Historic Two-Family Property

22 South Avenue, Tiverton, RI 02878

$895,000

Well-maintained duplex with period details, a former fire station barn, garage, greenhouse, and flexible additional space.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Expansive Land Parcel in Holmes

545 Grape Hollow Road, Holmes, NY 12531

$750,000

2,480 sqft 75.32 AC lot

75+ acre land parcel with garage near I-84.

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Residential Development Land with Ranch

358 Roller Coaster Road, Laconia, NH 03246

$1,195,000

40.59 AC lot

Surveyed for future subdivision of multiple home lots, with a 1998 2-bed, 2-bath ranch on site.

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Wooded Land in Gorham, Maine

30 Boreal Drive, Gorham, ME 04038

$425,000

5.46 AC lot

5+ acre wooded parcel near Gorham's downtown.

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89 Acres Vacant Land Catskill

300 Game Farm Road, Catskill, NY 12414

$899,900

89.06 AC lot

89 acres of vacant land near Catskill Game Farm.

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Portsmouth, RI Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Portsmouth, RI on our real estate platform. These investment opportunities span a total of 4,552 square feet of properties for sale, with an estimated market value of $1,099,000.

Sale prices for multifamily properties in Portsmouth, RI average $1,099,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
02871	$1.2M

Neighborhood

Average Price

02871

$1.2M

Portsmouth, RI Multifamily Properties for Sale

38 Aquidneck Avenue, Portsmouth, RI 02871