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    Portsmouth, RI
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    Portsmouth, RI Multifamily Properties for Sale

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    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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    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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    Five-Unit Apartment Buildings
    Five-Unit Apartment Buildings

    2801 East Main Road, Portsmouth, RI 02871

    $1,095,000
    6,253 sqft

    Two separate buildings offer distinct residential spaces with individually controlled heating and hot water systems.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Three-Unit Triplex with Water Views
    Three-Unit Triplex with Water Views

    499 Park Avenue, 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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    11-Unit Townhouse Apartment Portfolio
    11-Unit Townhouse Apartment Portfolio

    46 Statue Way, Portsmouth, RI 02871

    $4,000,000
    13,740 sqft

    Condominium-structured rental property with townhouse buildings, decks, in-unit laundry, and garage parking.

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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 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.

    Duplex with Historic Barn
    Duplex with Historic Barn

    22 South Avenue, Tiverton, RI 02878

    $895,000
    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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    Triplex with Patio
    Triplex with Patio

    132 Hope Street, Bristol, RI 02809

    $649,000
    2,945 sqft 0.07 AC lot

    Three-family residence near Walley Beach, with a patio and public sewer service.

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    Historic Multifamily with Fire-Station Barn
    Historic Multifamily with Fire-Station Barn

    22 South Avenue, Tiverton, RI 02878

    $895,000
    2,070 sqft

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

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    Historic Triplex Near the Waterfront
    Historic Triplex Near the Waterfront

    132 Hope Street, Bristol, RI 02809

    $649,000

    Three residential units sit across the street from Walley Beach, with swimming and picnic access nearby.

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    Portsmouth, RI Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in Portsmouth, RI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 29,934 square feet of properties for sale, with an estimated market value of $10,835,000.

    Sale prices for multifamily properties in Portsmouth, RI start at $645,000, averaging $2,167,000, 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 4
    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 $4M

    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 pricing trends across core commercial property types in Newport County

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    Residential Income

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