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Listed by Brady Roche of Carey Giampa,LLC/Rye (Phone: 207-703-8249)

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197 Richards Ave AvenuePortsmouth, NH 03801Price: $1,350,000

  • Price: $1,350,000
  • Est. Mortgage of $/month
  • 2 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.43% last updated on Jul 2, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,350,000List Price
  • 3Bathrooms
  • 2,405Square Feet

Your Local Office

Moultonborough Office

Moultonborough Office

12 Whittier Highway,
Moultonborough, NH 03254
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.

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Copyright 2026 PrimeMLS, Inc. All rights reserved. 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 July 4, 2026 3:07 AM UTC

 

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Open Houses

July 11th
Starts: 11:00am
Ends: 12:30pm

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$
$
%
Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 6.43% last updated on Jul 2, 2026. * The above figures are estimates provided by Union Street Media using the FREDĀ® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.

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