4 Beds
3 Baths
3,688 sqft
$645,000
499 Park Avenue, Portsmouth RI, 02871
Price per sqft$174.89
Built in1918
Property size3,688 sqft
Property typeMulti-family
Overview
Active
Listed Sep 24, 2026
Updated 2 days ago
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.
$4,291/mo
Est. mortgage payment based on a $645,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 1423668
Interior Features
- Bedrooms
- 4
- Bathrooms
- 3
- Cooling
- Yes
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.18 Acres
Other Property Details
- Taxes
- $6,218
- Tax Frequency
- Annually
- View
- Yes
- Waterfront
- Yes
- 55+/Senior Community
- No
Courtesy of eXp Realty, 401-593-1129
The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than Compass are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.
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Data last updated 2:16 PM UTC, 9/28/2026.