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$645,000
32 Days On Site

499 Park Avenue
Portsmouth, RI 02871

Multi Family|Pending
4
Beds
3
Total Baths
2
Full Baths
1
Partial Bath
3,688
SqFt
$175
/SqFt
1918
Built
County:
Newport

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499 Park Avenue499 Park Avenue499 Park Avenue499 Park Avenue
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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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Listing Snapshot
Price 
$645,000
Days On Site 
32 Days
Bedrooms 
4
Inside Area (SqFt) 
3,688 sqft
Total Baths 
3
Full Baths 
2
Partial Baths 
1
Lot Size 
0.18 Acres
Year Built 
1918
MLS Number 
1423668
Status 
Pending
Property Tax 
$6,218
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS
3 weeks agoStatus changed to Pending
a month agoListing first seen on site
General Features
Acres 
0.18
Foundation 
BlockCombinationConcrete PerimeterStone
Land Lease 
No
Number Of Stories 
2
Parking 
No Garage
Property Sub Type 
Multi Family
Sewer 
Septic Tank
SqFt Above 
3688
SqFt Total 
3688
Style 
Stacked, Side By Side
Utilities 
Cable AvailableWater Connected
Water Source 
Public
Interior Features
Appliances 
DryerOvenRangeWasherWater Heater
Basement 
Exterior EntryFullInterior EntryUnfinished
Cooling 
Window Unit(s)
Electric 
Circuit Breakers100 Amp Service
Fireplace Features 
None
Flooring 
Ceramic TileLaminateVinylCarpet
Heating 
BaseboardOil
Laundry Features 
Common Area
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Exterior Features
Construction Details 
Shingle Siding
Lot Features 
Corner Lot
View 
Water
Waterfront Features 
Beach Access
Waterview 
Water
Community Features
Community Features 
Pool
Listing courtesy of Slocum Home Team of eXp Realty (401) 593-1129



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: 2026-10-24 06:41 AM 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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