About This Home

This 4-bedroom, 4-bathroom residential multi family at 2801 E Main Road in Portsmouth, RI is listed for $1,095,000 ($175 per sqft). Built in 1887, the home offers 6,253 sqft of living space on a 0.30 acres lot.

Key Features

  • Built in 1887
  • 0.30 acre lot
  • 3 stories
  • 6 parking spaces
  • Fireplace

Property Details

3 stories
4 full
6 spaces
1887

Amenities

FireplaceHardwoodA/C
Listing Description

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.

Monthly Cost Estimate

$5,856/mo

20% down · 6.5% · 30 years

Principal$792
Interest$4,745
Insurance$319

Estimates only. Actual payments may vary.

Location

2801 E Main Road

Portsmouth, RI 02871

Features & Amenities

Interior Features

Wall (Dry Wall)Cathedral CeilingsStairsPlumbing (Mixed)Insulation (Ceiling)Insulation (Floors)Insulation (Walls)

Property Details

Flooring

Tile - CeramicLaminateCarpetHardwoodVinyl

Construction

Dry Wall Other Siding Vinyl Siding

Parking

None

Heating

Natural GasElectric (Heating)Forced AirBaseboard

Cooling

Window Unit(s)

Appliances

DryerRange HoodOvenRangeRefrigeratorWasherElectric Water HeaterGas Water HeaterTankless Water Heater

Questions & Answers

This 4-bedroom, 4-bathroom residential multi family at 2801 E Main Road is listed at $1,095,000 ($175/sqft). The estimated monthly payment is $5,856 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1887, 0.30 acre lot, 3 stories, 6 parking spaces, Fireplace. Interior Features: Wall (Dry Wall), Cathedral Ceilings, Stairs.

This property is listed by Kevan Campbell.

KC

Kevan Campbell

Agent at Hogan Associates | Christie's International Real Estate

Listed by Hogan Associates | Christie's International Real Estate · Broker phone: (401) 845-9500 · View on Broker Site · Broker website

MLS# 1423564· Source: State Wide MLS of Rhode Island, Inc.· 37 days on PropertySimple

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2801 E Main Road, Portsmouth, RI 02871

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