499 Park Avenue, Portsmouth, RI 02871

Portsmouth
Local realty services provided by:ERA Empire Real Estate
499 Park Avenue,Portsmouth, RI 02871
$645,000
Virtual Tour
  • 4 Beds
  • 3 Baths
  • 3,688 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sun, Sep 27
    11:00 am - 02:00 pm
Listed by: slocum home team
Office: exp realty
MLS#:1423668
Source:RI_STATEWIDE

Price summary

  • Price:$645,000
  • Price per sq. ft.:$174.89

About this home

Welcome to 499 Park Ave, a three-family multifamily in the heart of Portsmouth's sought-after Island Park neighborhood. With water views from all three units, this property offers something rare: a true income-producing investment with a coastal setting tenants love. Major systems have been updated for peace of mind, including a newer septic system, oil tank, boiler, and furnace. The property could use some cosmetic updating here and there, giving you the chance to add value and boost rental income as you make it your own. Whether you're a seasoned investor expanding your portfolio or a first-time buyer looking to live in one unit and rent the others, this is a great opportunity in a prime Aquidneck Island location. Come see the potential at 499 Park Ave.

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Home facts

  • Year built:1918
  • Listing ID #:1423668
  • Added:3 day(s) ago
  • Updated:September 27, 2026 at 07:04 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Rooms Total:16
  • Flooring:Carpet, Ceramic Tile, Laminate, Vinyl
  • Bathrooms Description:Tub Shower
  • Kitchen Description:Oven, Range
  • Basement:Yes
  • Basement Description:Exterior Entry, Full, Interior Entry, Unfinished
  • Living area:3,688 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Baseboard, Oil

Structure and exterior

  • Year built:1918
  • Building area:3,688 sq. ft.
  • Lot area:0.18 Acres
  • Lot Features:Corner Lot
  • Construction Materials:Drywall, Shingle Siding
  • Foundation Description:Block, Combination, Concrete Perimeter, Stone

Utilities

  • Water:Connected, Public
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$645,000
  • Price per sq. ft.:$174.89
  • Tax amount:$6,218 (2026)

Features and amenities

  • Appliances:Range, Washer
  • Laundry features:Common Area, Dryer, Washer
  • Amenities:Common Water Heater

Parking

  • Parking description:No Garage
MLS LogoThe data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than ERA Empire Real Estate are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 State-Wide MLS, Inc. All rights reserved. Date Last Update: September 27, 2026

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