38 Aquidneck Ave, Portsmouth, RI

$1,300,000

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4

Beds

2

Baths

4,552

Square feet

0.11

Acres

About 38 Aquidneck Ave

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

Pricing and availability subject to change.

Features of 38 Aquidneck Ave

MLS® # 1411598
Price $1,300,000
Bedrooms 4
Bathrooms 2
Full Baths 2
Square Footage 4,552
Square Footage 4825
Acres 0.11
Year Built 1919
Type Residential Income
Sub-Type Multi Family
Style Stacked
Status Active

Community Information

Address 38 Aquidneck Ave
Subdivision Portsmouth Park Waterfront
City Portsmouth
County Newport
State RI
Zip Code 02871

Amenities

Parking Spaces 3
Parking No Garage
Garages No Garage
Is Waterfront No
Has Pool No

Interior

Interior Ceramic Tile, Hardwood, Laminate, Vinyl
Interior Features Attic, Interior Steps, Permanent Attic Stairs, Stall Shower
Appliances Dishwasher, Oven, Oil Water Heater, Range, Refrigerator, Tankless Water Heater
Heating Baseboard, Hot Water, Oil
Cooling None
Fireplace Yes
Fireplaces None
# of Stories 2
Has Basement Yes
Basement Full, Unfinished, Walk-Out Access

Exterior

Exterior Drywall, Plaster, Vinyl Siding
Exterior Features Balcony, Paved Driveway
Construction Drywall, Plaster, Vinyl Siding
Foundation Block, Slab

Additional Information

Date Listed May 6th, 2026
Zoning R20
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Coastal

Listing Map

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