197 Richards Avenue, Portsmouth, NH 03801

Portsmouth
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
197 Richards Avenue,Portsmouth, NH 03801
$1,350,000
  • 2 Beds
  • 3 Baths
  • 2,405 sq. ft.
  • Multi-family
  • Active
Listed by: brady roche, kevin eriksonPhone: 207-703-8249
Office: carey giampa, llc./rye603-964-7000
MLS#:5097886
Source:PrimeMLS

Price summary

  • Price:$1,350,000
  • Price per sq. ft.:$381.79

About this home

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...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1900
  • Listing ID #:5097886
  • Added:99 day(s) ago
  • Updated:October 10, 2026 at 10:45 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:3
  • Full bathrooms:3
  • Basement Description:Concrete Floor, Exterior Access, Interior, Walkout
  • Living area:2,405 sq. ft.

Structure and exterior

  • Roof:Shingle
  • Year built:1900
  • Building area:2,405 sq. ft.
  • Lot area:0.24 Acres
  • Levels:2 Story

Utilities

  • Sewer:Public Available

Finances and disclosures

  • Price:$1,350,000
  • Price per sq. ft.:$381.79
  • Tax amount:$15,641

Features and amenities

  • Amenities:Circuit Breaker(s)

Parking

  • Parking description:Paved Driveway
MLS LogoCopyright 2026 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated October 10, 2026

New listings near 197 Richards Avenue