Multifamily

Portsmouth, RI Multifamily Properties for Sale

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Bristol, RI Middletown, RI Tiverton, RI Jamestown, RI Warwick, RI East Greenwich, RI North Kingstown, RI Warren, RI
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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5-Unit Multifamily Property
Updated: Oct 2
5-Unit Multifamily Property

2801 E Main Road, Portsmouth, RI 02871

$1,095,000
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
0.3‑acre property zoned C
Each unit has its own heating and hot water system
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11-Unit Apartment Portfolio
11-Unit Apartment Portfolio

46 Statue Way, Portsmouth, RI 02871

$4,000,000

Condominium rental holdings comprising townhouse buildings with decks, in-unit laundry, and garage parking.

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Three-Unit Triplex with Water Views
Three-Unit Triplex with Water Views

499 Park Ave, Portsmouth, RI 02871

$645,000
3,688 sqft

Water views span all three levels, alongside newer septic, oil tank, boiler, and furnace systems.

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4 active listings match your search: Multifamily for sale in Portsmouth, RI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Duplex With Private-Entry Apartment
Duplex With Private-Entry Apartment

56 Lawton Avenue, Tiverton, RI 02878

$885,000
2,297 sqft 0.49 AC lot

A three-bedroom Victorian residence includes a separate legal apartment with its own exterior entrance.

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Two-Family Duplex
Two-Family Duplex

23 Union Street, Bristol, RI 02809

$1,299,000
6,494 sqft

A historic residential property offers a flexible two-family configuration across multiple levels.

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Duplex with Historic Barn
Duplex with Historic Barn

22 South Avenue, Tiverton, RI 02878

$839,000
2,070 sqft 0.29 AC lot

Two residential units are complemented by a finished barn, a three-bay garage, and garden structures.

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MultiFamily
MultiFamily

46 E Street, Bristol, RI 02809

$789,900
2,296 sqft

Triplexes · 2,296 SF

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Portsmouth, RI Multifamily Properties Market Trends and Statistics

Explore 4 multifamily properties for sale in Portsmouth, RI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 9,941 square feet of properties for sale, with an estimated market value of $6,835,000.

Sale prices for multifamily properties in Portsmouth, RI start at $645,000, averaging $1,708,750, 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 2
Triplexes 1

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 $2M

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 Residential Income pricing trends in Newport County

Residential Income

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