1028 E Main Rd

Portsmouth, RI 02871

$825,000
Last Sold Price
4
Beds
4,600 Sq. Ft.
$179 / Sq. Ft.
4,600
Sq. Ft.
$179
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 9/18/25
Closed 9/18/25

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....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!
  1. Listed by Stephen Martel • Brokerage DRE #REC.0017090 • Century 21 Topsail Realty
    P: (401)-523-6348 smartel@c21topsail.com

Property Details for 1028 East Main Road

Subdivision Name
East Main Rd
LISTING UPDATED: 09/19/2025 08:09 AM

Property Details for 1028 East Main Road

StatusClosed
MLS #1386968
Days on Market26
Taxes$8,269 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1790
Lot Size0.65 AC / 28,314 SF
CountyNewport County
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Location

Listing Courtesy of Century 21 Topsail Realty

Sold By Lila Delman Compass

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Building Information for 1028 East Main Road

Stories2Residences2Year Built1790Building Size-Lot Size0.65 AC / 28,314 SF

Payment Calculator

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$4,843 per month

30 year fixed, 6.46% Interest

Principal and Interest

$4,154

Property Taxes

$689

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1028 East Main Road

Summary
Location and General Information
  • City: Portsmouth
  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
  • Postal City: Portsmouth
  • Postal Code: 02871
  • Postal Code Plus4: 2306
  • State Or Province: RI
  • Zoning: mix
  • Human Modified Y N: Yes
Parking
  • Attached Garage Y N: No
  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage Y N: Yes
  • Parking Features: Detached, Garage
  • Parking Total: 7
Taxes and HOA Information
  • Tax Annual Amount: $8,269.00
  • Tax Assessed Value: 627400
  • Tax Lot: 34B
  • Tax Map Number: 57
  • Tax Year: 2024
Virtual Tour
Property
Lot Information
  • Above Grade Fin SQFT: 4600.0
  • Building Area Total: 4600.0
  • Frontage Length: 125
  • Living Area Source: Public Records
  • Lot Features: Private, Secluded
  • Lot Size Acres: 0.65
  • Lot Size Area: 28314.0
  • Lot Size Square Feet: 28314.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 3
  • Parcel Number: 1028EASTMAINRDPORT
  • Stories Total: 2
Property and Assessments
  • Business Type: Other
  • Buyer Financing: Conventional
  • New Construction Y N: No
  • Number Of Units Total: 2
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1790
  • C L I P: 9,458,878,615
Utilities
  • Electric: Amps100, Circuit Breakers, Separate Meters
  • Sewer: Connected, Septic Tank
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters, Public
Interior and Exterior Features
Exterior Features
  • Fencing: Fenced
  • Foundation Details: Stone
Interior Features
  • Appliances: Water Heater
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 2
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 4
  • Cooling: Heat Pump, Central Air
  • Cooling Y N: Yes
  • Fireplace Features: None
  • Fireplaces Total: 1
  • Fireplace Y N: No
  • Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
  • Heating: Baseboard, Electric, Forced Air, Heat Pump, Hot Water, Oil
  • Heating Y N: Yes
  • Interior Features: Attic, Permanent Attic Stairs, Tub Shower, Cable Tv
  • Laundry Features: In Unit
  • Rooms Total: 16
  • Window Features: Thermal Windows
Multi Family
Income & Expenses Information
  • Operating Expense: $9,000.00
Unit 1 Information
  • Actual Rent: $1,200.00
  • Description: Single family
  • Unit Type Area: 2100.0
  • Baths Total: 2
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 1
Unit 2 Information
  • Actual Rent: $1,200.00
  • Description: Single Family
  • Unit Type Area: 2400.0
  • Baths Total: 2
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 1
Rental
Rental Information
  • Land Lease Y N: No
  • Tenant Pays: Hot Water

Property History for 1028 East Main Road

DateEvent & SourcePriceAppreciation
Sep 18, 2025

Sold

Rhode Island Association of REALTORS® #1386968

$825,000—
Sep 17, 2025

Sold (Public Record)

Public Record #1914279423

$825,000

+5.3% / yr

Jul 12, 2025

Contract Signed

Rhode Island Association of REALTORS® #1386968

—
Jun 30, 2025

Contract Out

Rhode Island Association of REALTORS® #1386968

—
Jun 16, 2025

Listed (Active)

Rhode Island Association of REALTORS® #1386968

$839,000—
Nov 27, 1995

Sold (Public Record)

Public Record #170931871

$175,000—
Nov 24, 1995

Sold

Rhode Island Association of REALTORS® #514905

$175,000—
Oct 4, 1995

Contract Signed

Rhode Island Association of REALTORS® #514905

—
Jul 17, 1995

Listed (Active)

Rhode Island Association of REALTORS® #514905

$189,000—
DateEvent & SourcePrice
09/18/2025

Sold

Rhode Island Association of REALTORS® #1386968

$825,000
09/17/2025

Sold (Public Record)

Public Record #1914279423

$825,000

+5.3% / yr

07/12/2025

Contract Signed

Rhode Island Association of REALTORS® #1386968

—
06/30/2025

Contract Out

Rhode Island Association of REALTORS® #1386968

—
06/16/2025

Listed (Active)

Rhode Island Association of REALTORS® #1386968

$839,000
11/27/1995

Sold (Public Record)

Public Record #170931871

$175,000
11/24/1995

Sold

Rhode Island Association of REALTORS® #514905

$175,000
10/04/1995

Contract Signed

Rhode Island Association of REALTORS® #514905

—
07/17/1995

Listed (Active)

Rhode Island Association of REALTORS® #514905

$189,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1028 East Main Road

Taxable ValueLand$288,200Additions$342,600Total$630,800
Tax Record2025$8,377 ($698 / month)
Home Facts
Lot Size28,314 SqFtStyleOffice BuildingZoningCCountyNEWPORTAPNPORT M:057 B:0034B

Schools near 1028 East Main Road

This home is within Portsmouth School District.
Rating
School
Type
Grades
Distance
Portsmouth Middle School
Public - 5 to 8
Portsmouth High School
Public - 9 to 12
Melville School
Public - PK to 4
Howard Hathaway School
Public - K to 4
Rating
School
Distance
Portsmouth Middle School
Public5 to 8

Portsmouth High School
Public9 to 12

Melville School
PublicPK to 4

Howard Hathaway School
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Topsail Realty

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.