About 2801 East Main Rd
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.
Pricing and availability subject to change.
Features of 2801 East Main Rd
| MLS® # | 1423564 |
|---|---|
| Price | $1,095,000 |
| Bedrooms | 4 |
| Bathrooms | 4 |
| Full Baths | 4 |
| Square Footage | 6,253 |
| Square Footage | 13068 |
| Acres | 0.30 |
| Year Built | 1887 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Style | Stacked |
| Status | Active |
Community Information
| Address | 2801 East Main Rd |
|---|---|
| City | Portsmouth |
| County | Newport |
| State | RI |
| Zip Code | 02871 |
Amenities
| Features | Paved |
|---|---|
| Parking Spaces | 6 |
| Parking | No Garage |
| Garages | No Garage |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Ceramic Tile, Hardwood, Laminate, Vinyl, Carpet |
|---|---|
| Interior Features | Cathedral Ceiling(s), High Ceilings, Interior Steps, Tub Shower, Vaulted Ceiling(s), Cable TV |
| Appliances | Dryer, Electric Water Heater, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Tankless Water Heater, Water Heater, Washer |
| Heating | Baseboard, Electric, Forced Air, Gas |
| Cooling | Window Unit(s) |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| # of Stories | 3 |
| Has Basement | Yes |
| Basement | Full, Unfinished |
Exterior
| Exterior | Drywall, Other, Vinyl Siding |
|---|---|
| Exterior Features | Paved Driveway |
| Lot Description | Paved |
| Construction | Drywall, Other, Vinyl Siding |
| Foundation | Combination |
Additional Information
| Date Listed | September 19th, 2026 |
|---|---|
| Zoning | C |
| Short Sale | No |
| RE / Bank Owned | No |