$1,095,000
About this home
Well-maintained five-unit multifamily property, zoned commercial, consisting of two separate buildings. The main building at 2803 East Main Road has 3323 sq ft of living space containing four one-bedroom apartments, while the second 959 sq ft building at 2801 East Main Road is a separate two-bedroom residence. The separate buildings provide flexibility for investors as well as owner-occupants. Each unit has its own individual heating and hot water system, with tenants responsible for most utilities. Current rents are below market, providing an opportunity to increase rental income through future rent adjustments. Ample parking is also available. The existing five-unit configuration, separate buildings, individual systems, and established rental income provide a solid foundation for an investor looking to add to a multifamily portfolio or an owner-occupant seeking rental income from the additional units.
Highlights
Property details
- MLS #
- 1423564
- Property type
- Multi Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- N/A
- On market date
- September 19, 2026
- Stories
- 3
- Total bathrooms
- 4
- Garage spaces
- N/A
- Parking spaces
- 6
- Lot size
- 0.3 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 416
- Student:teacher ratio
- 15.4:1
- District
- Portsmouth
- Enrollment
- 635
- Student:teacher ratio
- 12.2:1
- District
- Portsmouth
- Enrollment
- 824
- Student:teacher ratio
- 11.8:1
- District
- Portsmouth
Walkability
Blended score for Portsmouth's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Portsmouth, from live MLS data.
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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 7 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.