1028 East Main Road, Portsmouth, RI 02871 - Photo 1

1/1

$825,000

Sold
Closed
Multi-Family
2 Units
4 Total Beds
0.65 Acres
1 Car Garage

1/1

Property Description

Prime Investment Opportunity Two Single-Family Homes with Outbuildings in Portsmouth, RI! Located just minutes from Newport and Middletown's stunning beaches, this unique property offers endless possibilities. Currently utilized as residential rentals with month-to-month leases in place, it's a versatile investment suited for income generation, commercial use, or even a multi-generational living setup. Each home has its own distinct charm and comfortable living spaces, ensuring privacy and convenience. Front House (Built in 1790): 3 bedrooms, 1.5 baths a historic gem needing some TLC to restore its full potential. Rear House (Built in the 1950s): 1 bedrooms, 1.5 baths a solidly built home offering additional space and opportunity. Nestled within a vibrant business zone, this property is perfect for entrepreneurs, investors, or those seeking a flexible real estate venture. Don't miss out on this rare opportunity in a highly desirable location!

Full Property Details

Full Property Details for 1028 E Main Rd

General

Sold For: $825,000
Taxes: $8,269 (2024)
Status: Closed
Type: Multi-Family
Source: STWMLS
MLS ID: 1386968
Added to Site: 234 day(s) ago

Business

Business Type: Other

Interior

Number of Rooms: 16
Interior Features: Attic, Permanent Attic Stairs, Tub Shower, Cable TV
Number of Fireplaces: 1
Fireplace(s): None
Appliances: Water Heater
Flooring: Ceramic Tile, Hardwood, Laminate, Carpet

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 2
Half Bathrooms: 2

Bedrooms

Total Bedrooms: 4

Other Rooms

Laundry: In Unit

Parking

Garage: Yes
Garage Spaces: 1
Covered Spaces: 1
Total Spaces: 7
Parking Features: Detached, Garage

Location

County: Newport
Subdivision: East Main Rd
Near Highway: Yes

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Heat Pump, Central Air Conditioning
Heating Type: Baseboard, Electric, Forced Air, Heat Pump, Hot Water, Oil

Utilities

Sewer: Connected, Septic Tank
Water: Connected, Multiple Meters, Public
Utility Description: Sewer Connected

Structural Information

# Buildings: 3
Detached/Attached: Detached
Construction: Plaster, Clapboard, Shingle Siding, Wood Siding
Basement: Yes
Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
Windows: Thermal Windows
Stories/Levels: 2
Building Size: 4600
Finished Total: 4,600 Sq. Ft.
Finished Above Grnd: 4,600 Sq. Ft.
Year Built: 1790

Additional Structures

Other Structures: Outbuilding

Lot Features

Lot Size (Acres): 0.65
Lot Size (Sq. Ft.): 28,314
Lot Size: 28314
Lot Features: Private, Secluded
Fencing (Description): Fenced

Financial Considerations

Operating Expenses: $9,000
Tax Amount: $8,269
Tax Year: 2024
Tenant Pays: Hot Water

Disclosures and Reports

Inclusions: New Septic system plan, Sales Disclosure & Lead
Property ID: 1028EASTMAINRDPORT
Lot Number: 34B

Listed by Century 21 Topsail Realty
Sold by Lila Delman Compass

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— 1028 E Main Rd —

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Schools

Schools serving 1028 E Main Rd

School District:Portsmouth School District, Portsmouth, RI

Name	Grades	Distance
Portsmouth High School, Portsmouth, RI 120 Education Lane, Portsmouth, RI 02871	9-12	3.4 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1028 E Main Rd

Date

Details

Price

Change

Source

9/18/2025

Sold

$825,000

-1.67%

MLS

6/16/2025

Listed

$839,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Just Listed

$150,000

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Land Residential
Active
Updated 3 days ago

0.49
Acres

25 Mathew Rd, Tiverton, RI 02878 - Photo 1

Just Listed

$524,900

Open House

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Single Family
Active
Updated 3 days ago

3
Beds
2
Total Baths
2,024
Sq. Ft.

1382 Hope St, Bristol, RI 02809 - Photo 1

Just Listed

$650,000

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Apartment
Active
Updated 2 hours ago

5
Beds
2
Total Baths

5 St Theresa Ave, Bristol, RI 02809 - Photo 1

Just Listed

$549,900

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Single Family
Active
Updated 4 days ago

3
Beds
2
Total Baths
1,170
Sq. Ft.

78 State St, Bristol, RI 02809 - Photo 1

78 State St Bristol, RI 02809

Multi-Family
Active
Updated 1 day ago

2
Units
4
Total Beds

30 Sowams Dr, Bristol, RI 02809 - Photo 1

Price Reduced

-$20,000 (-4.35%)

$439,777

30 Sowams Dr Bristol, RI 02809

Single Family
Active
Updated 1 day ago

3
Beds
1
Total Bath
1,345
Sq. Ft.

27 Vista Wy, Fall River, MA 02724 - Photo 1

Price Reduced

-$100 (-0.01%)

$697,900

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Single Family
Active
Updated 2 days ago

3
Beds
4
Total Baths
2,130
Sq. Ft.

208 Snell St, Fall River, MA 02721 - Photo 1

Price Reduced

-$10,000 (-2.78%)

$349,999

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Commercial
Active

215 Harris Ave, Portsmouth, RI 02871 - Photo 1

Sold

$860,000

215 Harris Ave Portsmouth, RI 02871

Single Family
Closed
Updated 8 days ago

4
Beds
3
Total Baths
2,354
Sq. Ft.

20 Harrington Ave, Portsmouth, RI 02871 - Photo 1

Sold

$865,000

20 Harrington Ave Portsmouth, RI 02871

Single Family
Closed

3
Beds
3
Total Baths
2,872
Sq. Ft.

20 Grain Terrace, Portsmouth, RI 02879 - Photo 1

Sold

$735,000

20 Grain Terrace Portsmouth, RI 02879

Single Family
Closed

3
Beds
2
Total Baths
2,046
Sq. Ft.

Listed by Allison Field

93 E Main Rd, Portsmouth, RI 02871 - Photo 1

Sold

$750,000

93 E Main Rd Portsmouth, RI 02871

Single Family
Closed

5
Beds
3
Total Baths
2,608
Sq. Ft.

1028 East Main Road, Portsmouth, RI 02871 (MLS# 1386968) is a Multi-Family property that was sold at $825,000 on September 18, 2025. Want to learn more about 1028 East Main Road? Do you have questions about finding other Multi-Family real estate for sale in Portsmouth? You can browse all Portsmouth real estate or contact a Coldwell Banker agent to request more information.

1028 E Main Rd Portsmouth, RI 02871