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$1,300,000
1 Day On Site

38 Aquidneck Avenue
Portsmouth, RI 02871

For Sale|Multi Family|Active
4
Beds
2
Total Baths
2
Full Baths
4,552
SqFt
$286
/SqFt
1919
Built
Subdivision:
Portsmouth Park Waterfront
County:
Newport

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​401-559-7674
38 Aquidneck Avenue38 Aquidneck Avenue38 Aquidneck Avenue38 Aquidneck Avenue
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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

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Listing Snapshot
Price 
$1,300,000
Days On Site 
1 Day
Bedrooms 
4
Inside Area (SqFt) 
4,552 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.1108 Acres
Year Built 
1919
MLS® Number 
1411598
Status 
Active
Property Tax 
$12,647
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
yesterdayListing first seen on site
2 days agoListing updated with changes from the MLS®
General Features
Acres 
0.1108
Foundation 
BlockSlab
Land Lease 
No
Number Of Stories 
2
Parking 
PavedNo Garage
Parking Spaces 
3
Property Sub Type 
Multi Family
Sewer 
Septic Tank
SqFt Above 
4552
SqFt Total 
4552
Style 
Stacked
Utilities 
Water Connected
Water Source 
Public
Zoning 
R20
Interior Features
Appliances 
DishwasherOvenRangeRefrigeratorTankless Water HeaterWater Heater
Basement 
FullUnfinishedWalk-Out Access
Electric 
Circuit Breakers
Fireplace Features 
None
Flooring 
Ceramic TileHardwoodLaminateVinyl
Heating 
BaseboardHot WaterOil
Laundry Features 
Laundry RoomCommon Area
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Exterior Features
Construction Details 
PlasterVinyl Siding
Exterior 
Balcony
Frontage 
50
Waterfront 
Yes
Waterfront Features 
Beach Front
Community Features
Community Features 
GolfPoolRestaurant
Listing courtesy of Lisa Davis of Keller Williams Coastal (401) 418-2525



Listing information is provided by Participants of the State-Wide MLS of Rhode Island, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, State-Wide MLS of Rhode Island, Inc.
Last checked: 2026-05-08 12:20 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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