Property details
About 167 Water St
Welcome to 167 Water Street in Portsmouth's desirable Water St neighborhood. This coastal property offering breathtaking water views and direct access to the shoreline. This classic 3-bedroom Cape blends New England charm with flexible living, featuring a bright and inviting main residence with hardwood floors and plenty of natural light. The property also includes a detached accessory dwelling unit, providing the perfect opportunity for multigenerational living, a guest suite, or potential rental income. Enjoy peaceful mornings with coffee overlooking the water and spend your evenings hosting in the spacious yard. Additional highlights include a 1-car garage, ample off-street parking, and a prime location near local restaurants, beaches, and all that the East Bay has to offer. Whether you're looking for a year-round home, a vacation retreat, or an income-generating investment, 167 Water Street delivers the best of coastal Rhode Island living.
Highlights
Summary
- Full Bathrooms: 2
- Appliances: Dryer, Dishwasher, Exhaust Fan, Oven, Water Heater, Range, Refrigerator, Washer
- Basement: Yes
- Flooring Type: Ceramic Tile, Hardwood, Laminate
- Fireplace: Masonry
- Total Bedroom Count: 3
- Attached Garage: Yes
- Parking: Attached, Garage
- Waterfront: Water Access, Waterfront
- View: Water
- Exterior: Deck, Paved Driveway
- Heating: Baseboard, Hot Water, Oil
- Cooling: None
- List Price: $650,000
- Annual Tax Amount: $6,396
- Tax Year: 2024
- Year Built: 1880
- Lot Size: 0.35 Acres
- MLS Number: 1389187
- MLS Name: RIS
- Office Name: Century 21 Topsail Realty
- Office Phone: (401) 683-4900
- Office Email: manager@c21topsail.com
Disclaimer: The 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 this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 5:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $485,300 | $6,396 |
| 2023 | $485,300 | $6,202 |
| 2022 | $391,200 | $6,122 |
| 2021 | $391,200 | $5,987 |
| 2020 | $391,200 | $5,895 |
| 2019 | $329,900 | $5,410 |
History based on county public records data.
Nearby schools
10
Hathaway Elementary School
Public District KG-4
0.7 mi
•53 Tallman Ave
6
Fort Barton Elementary School
Public District KG-4
2.2 mi
•99 Lawton Ave
9
Melville Elementary School
Public District KG-4
2.2 mi
•1351 W Main Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $97,321. Typical income of Portsmouth, RI residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Symphony or Opera
Hiking/backpacking
PGA/LPGA
Where do the neighbors shop?
Chico's
Nordstrom Rack
Stein Mart
Where do the neighbors go to eat?
Boston Market
Chipotle
Bonefish Grill
What do the neighbors drive?
Volvo
Mazda
Cadillac
What do the neighbors listen to?
Talk/Personality
Rock
Classical
Frequently asked questions
Living in Portsmouth, RI
Transportation in Portsmouth includes a network of roads that connect residents to nearby cities and amenities. Public transit options are available, with schedules that accommodate the commuting patterns of residents. The town also supports alternative transportation methods, such as biking and walking, with certain areas designed to be particularly pedestrian-friendly. While specific ride-sharing statistics are not mentioned, such services are commonly used in the area.
The community is served by a range of educational institutions, including public and private schools that cater to various educational needs. Healthcare services are accessible, with facilities providing primary care and specialized treatments. The public library system supports lifelong learning and community activities. Retail and dining options reflect the local culture, offering a blend of traditional New England fare and contemporary cuisine.
Portsmouth is known for its serene coastal charm and strong sense of community. The town prides itself on its rich history and natural beauty, with numerous parks and public spaces that encourage outdoor activities. Annual events and local traditions are a testament to the town's cultural vitality and community engagement.
Portsmouth's housing market is characterized by a diverse array of options, with single-family homes being a significant presence. Architectural styles vary, with colonial, ranch, and Cape Cod homes dotting the landscape. The market is balanced with a mix of older homes that reflect the town's historical roots and newer constructions that offer modern amenities. While the exact homeownership rate is not specified, the market suggests a healthy balance between owned and rented properties.
About 167 Water St
The listing price of 167 Water St property is $650,000.
The property 167 Water St is a multi located in Portsmouth, Rhode Island, 02871.
Active Listing: 167 Water St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 167 Water St are: Hathaway Elementary School (GreatSchools Rating 10/10), Fort Barton Elementary School (GreatSchools Rating 6/10), Melville Elementary School (GreatSchools Rating 9/10), Portsmouth Middle School (GreatSchools Rating 8/10), Tiverton Middle School (GreatSchools Rating 4/10), Henry Lord Community School (GreatSchools Rating 3/10), Portsmouth High School (GreatSchools Rating 7/10), Tiverton High School (GreatSchools Rating 6/10), Mt. Hope High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $6,396 (source: MLS/based on county public records data).
The year of construction for 167 Water St is 1880.
This home is located at 167 Water St in Portsmouth, RI and zip code 02871. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 3, 2025 and is currently priced at $650,000.
While more than 8 listings in Portsmouth, RI in June 2025 were sold above asking price, there were more than 3 listings sold at asking price, and more than 15 were sold below. Between May and June 2025, Portsmouth, RI real estate market has seen increase in the number of listings by 15.6%. In June 2025 median list price was $706,250 and the average listing age was 43 days.