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Listed by: Brady Roche | Carey Giampa, LLC/Rye (603) 964-7000
$1,350,000
Monthly Est:$6,719
-- Bed
-- Bath
2,405sqft
197 Richards Ave Ave, Portsmouth, NH 03801
$1,350,000
$6,719/moEst:
Get Pre-Approved
Multi Family
Built in 1900
$-- HOA
10,454 sqft lot
$561/sq.ft
Description
197 Richards Avenue presents a rare investment opportunity in Portsmouth's highly sought-after Little Harbor neighborhood. Situated on a generous 0.24-acre lot just moments from downtown, this three-unit property offers an exceptional combination of location, income potential, and future upside in one of the Seacoast's most desirable markets.
The property features approximately 2,405 square feet of finished living space across three residential units, each thoughtfully equipped with its own in-unit washer and dryer. Ample off-street parking is located behind the building.
Whether maintained as an income-producing asset, repositioned through renovations and value-add improvements, or utilized as an owner-occupied investment opportunity, 197 Richards Avenue offers the flexibility and long-term potential rarely found in such a premier Portsmouth location. Opportunities to acquire multifamily properties with this combination of scale, location, and redevelopment potential are increasingly limited.
- Houzeo last checked: 9 minutes ago
- Listing updated: July 10, 2026 at 1:48 pm
- Source: NEREN/Prime MLS-NH | MLS#: 5097886
Property Details
Status
Active Under Contract
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
2,405 sqft
Lot Size
10,454 sqft lot
Basement Area
- sqft
MLS Name
NEREN/Prime MLS
MLS Number
5097886
MLS Status
(31) Under Contract - Active Under Contract
Days on Market
100
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Public Sewer
Cooling
None
Heating
Boiler
Construction
Year Built
Year Built: 1900
Home type
Multi Family
Foundation Details
Brick/mortar, Concrete, Stone
Construction Materials
Vinyl Siding
Property Condition
Existing
Architectural Style
Tri Level
Roof
Shingle
Utilities & Energy
Basement
Concrete Floor, Interior Stairs, Walkout, Exterior Entry, Basement Stairs
Utilities
Cable Available
Electric
Circuit Breakers
Water Source
Public
Other Features
Lot Features
Sidewalks, In Town, Near Shopping, Neighborhood, Near School(s)
Price History
| Date | Event | Price |
|---|---|---|
07/10/2026 Source: | Contingent (Active Under Contract) | $1,350,000 $561/sqft |
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Based on information from PrimeMLS Inc. through Oct 11, 2026, 02:30PM. This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information. The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers' personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated Oct 11, 2026, 02:30PM. © 2026 PrimeMLS, Inc. All Rights Reserved.
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