Date
Details
Price
Change
Source
9/24/2026
Listed
$645,000
—
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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$645,000
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Property Description
Welcome to 499 Park Ave, a three-family multifamily in the heart of Portsmouth's sought-after Island Park neighborhood. With water views from all three units, this property offers something rare: a true income-producing investment with a coastal setting tenants love. Major systems have been updated for peace of mind, including a newer septic system, oil tank, boiler, and furnace. The property could use some cosmetic updating here and there, giving you the chance to add value and boost rental income as you make it your own. Whether you're a seasoned investor expanding your portfolio or a first-time buyer looking to live in one unit and rent the others, this is a great opportunity in a prime Aquidneck Island location. Come see the potential at 499 Park Ave.
Full Property Details
Full Property Details for 499 Park Ave
General
- Price: $645,000
- Taxes: $6,218 (2026)
- Status: Active
- Type: Apartment
- Source: STWMLS
- MLS ID: 1423668
- Updated: 9/24/2026
- Added to Site: 7 day(s) ago
Interior
- Number of Rooms: 16
- Interior Features: Attic, Interior Steps, Stall Shower, Tub Shower, Cable TV
- Fireplace(s): None
- Appliances: Common Water Heater, Dryer, Oven, Range, Washer
- Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Common Area
Parking
- Parking Features: No Garage
Location
- County: Newport
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Baseboard, Oil
Utilities
- Sewer: Septic Tank
- Water: Connected, Public
Structural Information
- # Buildings: 1
- Architectural Style: Stacked, Side By Side
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Drywall, Shingle Siding
- Basement: Yes
- Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
- Stories/Levels: 2
- Building Size: 3688
- Finished Total: 3,688 Sq. Ft.
- Finished Above Grnd: 3,688 Sq. Ft.
- Year Built: 1918
Lot Features
- Property View: Saltwater, Water
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,841
- Lot Size: 7841
- Lot Features: Corner Lot
Water Features
- Water View: Yes
- Water Front Desc.: Beach Access, Mooring, Water Access, Walk to Water
Financial Considerations
- Tax Amount: $6,218
- Tax Year: 2026
- Owner Pays: Hot Water
Disclosures and Reports
- Inclusions: NEW 4 BEDROOM SEPTIC INSTALLED IN 2015 NEW FURNACE and OIL TANK 2018
- Property ID: 499PARKAVPORT
- Lot Number: 174
Listed by eXp Realty
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Listing agent
— 499 Park Ave —
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Schools
Schools serving 499 Park Ave
School District:Portsmouth School District, Portsmouth, RI
| Name | Grades | Distance |
|---|---|---|
Howard Hathaway School 53 Tallman Avenue, Portsmouth, RI 02871 | K-4 | 1 mi |
Portsmouth Middle School, Portsmouth, RI 125 Jepson Lane, Portsmouth, RI 02871 | 5-8 | 5.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 499 Park Ave
Tax History
Tax History for 499 Park Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,204
1%
$467,200
—
2024
$6,158
3%
$467,200
—
2023
$5,971
25%
$467,200
52%
2022
$4,791
2%
$307,900
—
2021
$4,714
2%
$307,900
—
2020
$4,640
20%
$307,900
30%
2019
$3,882
3%
$236,700
—
2018
$3,780
4%
$236,700
—
2017
$3,650
-4%
$236,700
-1%
2016
$3,811
1%
$238,200
—
2015
$3,764
—
$238,200
—
2014
$3,764
-7%
$238,200
-14%
2013
$4,041
—
$278,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 499 Park Ave
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- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,875Sq. Ft.
- Single Family
- Active
- Updated 13 hours ago
- 3Beds
- 2Total Baths
- 1,700Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 2Beds
- 1Total Bath
- 1,166Sq. Ft.
Listed by Matt Pita (401) 226-3478
- Single Family
- Active
- Updated 14 hours ago
- 3Beds
- 3Total Baths
- 2,524Sq. Ft.
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- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 4Total Baths
- 3,268Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 3Total Baths
- 3,000Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 1Total Bath
- 1,360Sq. Ft.
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- Single Family
- Closed
- 2Beds
- 1Total Bath
- 780Sq. Ft.
Listed and Sold by Bob Jackvony
499 Park Avenue, Portsmouth, RI 02871 (MLS# 1423668) is a Apartment property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 499 Park Avenue is currently listed for $645,000 and was received on September 21, 2026. Want to learn more about 499 Park Avenue? Do you have questions about finding other Apartment real estate for sale in Portsmouth? You can browse all Portsmouth real estate or contact a Coldwell Banker agent to request more information.