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$1,350,000
43 Days On Site

197 Richards Avenue
Portsmouth, NH 03801

For Sale|Multi Family|Active Under Contract
2
Beds
3
Total Baths
2,405
SqFt
$561
/SqFt
1900
Built
County:
Rockingham
Listing courtesy of Brady Roche of Carey Giampa, LLC/Rye Phone: 207-703-8249
Call Now: 401-323-8292
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401-323-8292
197 Richards Avenue197 Richards Avenue197 Richards Avenue197 Richards Avenue
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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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Listing Snapshot
Price 
$1,350,000
Days On Site 
43 Days
Bedrooms 
2
Inside Area (SqFt) 
2,405 sqft
Total Baths 
3
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.24 Acres
Year Built 
1900
MLS® Number 
5097886
Status 
Active Under Contract
Property Tax 
$15,641
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
5 days agoStatus changed to Active Under Contract
2 weeks agoPrice changed to $1,350,000
a month agoListing first seen on site
General Features
Acres 
0.24
Foundation 
Brick/MortarStone
Number Of Stories 
2
Parking 
Paved
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
2405
SqFt Total 
3536
Style 
Tri-Level
Utilities 
Cable Available
Water Source 
Public
Zoning 
GRA
Interior Features
Basement 
Concrete
Electric 
Circuit Breakers
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Exterior Features
Construction Details 
Vinyl Siding
Roof 
Shingle
Listing courtesy of Brady Roche of Carey Giampa, LLC/Rye Phone: 207-703-8249



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, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-07-15 06:52 AM UTC
Neighborhood & Commute
Source: Walkscore
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