Portsmouth, RI Multifamily properties for sale

Waterfront Duplex with Expansion Potential

$1,099,000

4,552 SF

Waterfront Duplex with Expansion Potential

38 Aquidneck Avenue, Portsmouth, RI 02871

Rare waterfront duplex with expansion potential and stunning river views.

Waterfront property overlooking the Sakonnet River with water views
Currently configured as a two‑family investment property
Year built: 1919
Public water with septic tank; newer 4‑bedroom septic system reported
Tankless water heater plus oil baseboard heating; insulated with ceiling, floor, and wall insulation

Updated: May 6

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$1,300,000

2,010 SF

Waterfront Duplex with River Views

38 Aquidneck Ave, Portsmouth, RI 2871

Two-family property with potential for expansion and waterfront living.

Unobstructed, sweeping water views overlooking the Sakonnet River.
Waterfront property with potential for a private dock.
Newer 4‑bedroom septic system.
Potential for expansion with a framed walk‑up attic and third‑floor balcony.
Flexible property suitable for multigenerational living, investment, or custom home.

Updated: May 6

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

$1,599,000

5,120 SF

Restored Mixed-Use Property in Bristol

Mixed-use property with apartments and commercial space in historic district.

30 Bradford Street, Bristol, RI 02809

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Downtown Bristol Multifamily Investment Opportunity

$1,750,000

3,338 SF

Downtown Bristol Multifamily Investment Opportunity

Turn-key homes in downtown Bristol near shops and waterfront.

88 Burton Street, Bristol, RI 02809

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$955,000

20,000 SF

Versatile Mixed-Use Property, Tiverton

Large mixed-use property with residential, commercial, and warehouse space.

42 Main, Tiverton, RI 2878

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Versatile Mixed-Use Property in Tiverton

$955,000

14,000 SF

Versatile Mixed-Use Property in Tiverton

Large mixed-use property with residential, commercial, and warehouse space.

42 Main Road, Tiverton, RI 2878

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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.

$899,999

3,216 SF

Two-Family Home with Additional Lot

Spacious two-family home with vacant lot in Dorchester.

68, 70-72 Clarkson St, Boston, MA 02125

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Southampton Village Multifamily Opportunity

$2,300,000

0.33 Acres

Southampton Village Multifamily Opportunity

Two-family home in the heart of Southampton Village.

39 Halsey Avenue, Southampton, NY 11968

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$750,000

2,480 SF

Expansive Land Parcel in Holmes

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

545 Grape Hollow Road, Holmes, NY 12531

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$95,000

4.96 Acres

Riverfront Development Land

Nearly 5 acres along the Sugar River with expired approvals for a 10-unit cluster and potential for a mobile home park.

Parkview Street lot: 45, Newport, NH 03773

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Portsmouth, RI Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Portsmouth, RI on our real estate platform. These investment opportunities span a total of 6,562 square feet of properties for sale, with an estimated market value of $2,399,000.

Sale prices for multifamily properties in Portsmouth, RI start at $1,099,000, averaging $1,199,500, and reaching up to $1,300,000 — 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	$933K

Neighborhood

Average Price

02871

$933K