$1,099,000

38 Aquidneck Avenue, Portsmouth, RI 02871

  • 4 beds |
  • 2 baths |
  • 4,552 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1919
  • Property Lot Size Icon4,826sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $241/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Wake up to golden sunrises and refreshing sea breezes in this rare waterfront opportunity overlooking the Sakonnet River. Currently configured as a two-family investment property, the property offers sweeping, unobstructed water views, a newer 4-bedroom septic system, low maintenance siding. With potential for a dock just steps from your door, this is coastal living at its finest. Inside, a framed walk-up attic provides exciting possibilities for expansion and leads to a third floor /deck/balcony with breathtaking panoramic river views. Whether you envision a multigenerational retreat, an income-producing investment, or a custom waterfront dream home, the flexibility here is unmatched. Set on a highly sought after street lined with elegant waterfront residences, this property blends charm, location and OPPORTUNITY. Enjoy close proximity to great restaurants, weekend polo matches, or take a short drive to Newport for its vibrant downtown and lively harbor front. Bring your vision and transform this unique property into the coastal sanctuary you've always dreamed of. Rents are below market values and leases expire 5/31/26 so tenants will be on month-to-month basis. Seller will consider private financing for qualified buyer.

Listing Status:
Active
Date Added:
May 6, 2026
Data Last Updated:
July 5, 2026 at 8:17PM
Listing Office:
Keller Williams Coastal : 401-845-9200
MLS ID:
1411598
  • General: AtticInterior StepsPermanent Attic StairsStall Shower
  • Appliances: DishwasherOvenOil Water HeaterRangeRefrigeratorTankless Water Heater
  • Laundry: Common Area
  • Basement: FullUnfinishedWalk-Out Access
  • Flooring: Ceramic TileHardwoodLaminateVinyl
  • A/C: None
  • Heating: BaseboardHot WaterOil
  • Fireplace: Fireplaces: 0
  • General: BalconyPaved Driveway
  • Style: Stacked
  • Other Structures: Balcony
  • Parking: No GarageParking spaces: 3
  • General: DrywallPlasterVinyl Siding2BlockSlab
  • Originating MLS: RIS_RIS
  • County: Newport
  • Zoning: R2038AQUIDNECKAVPORT
  • Utilities: Circuit BreakersSeparate Meters
  • Water: ConnectedPublic
  • Sewer: Septic Tank
  • Source: RIS_RIS

This listing courtesy of Keller Williams Coastal

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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