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Updated Two-Unit Residential Income Property
For Sale
$1,325,000

491 Marcy Street, Portsmouth, NH 03801

MULTI_FAMILY - Colonial - Portsmouth, NH

Property Size1,800 SF
Lot Size0.07 Acres
Price / SF$736.11
Days on Market10

Property Features for 491 Marcy Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning GRB
Rooms Basement
Parking features Driveway, Off Street
Exterior features Full Fence, Garden Space, Natural Shade, Shed, Storage
Fencing Fenced
Appliances Tank Water Heater
Lot features Corner, Landscaped, Sidewalks, Water View, In Town, Near Country Club, Near Golf Course, Near Paths, Near Shopping, Near Public Transport, Near School(s)
Elementary school Little Harbor School
Middle school Portsmouth Middle School
High school Portsmouth High School
Elementary school district Portsmouth
Middle school district Portsmouth
High school district Portsmouth
Directions GPS Friendly Location.
Standard status Active
Size 1,800 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10018

Utilities

Utilities Cable Available
Heating system Forced Air, Natural Gas
Water source Public

Amenities

private back patio
private patio for the apartment
private sauna
oversized shed
workshop

Building Details

Year built 1750
Floors in Building 2
Number of units 2
Flooring type Tile, Hardwood
Building materials Fiberglss Blwn Insulation, Fiber Cement Exterior
Roof type Shingle
Architectural style Colonial
Additional Structures Storage
Listing Agency: Duston Leddy Real Estate
Listed By: Kirstin Stallkamp
Added: Jul 21 Changed: Jul 25 Last Checked: Jul 30 at 5:06PM
MLS# 5100943

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This legal two-unit residential property offers flexible living arrangements, with an owner’s residence and an attached two-room studio apartment. The studio includes its own private entrance, an efficient layout, and a spa-inspired bathroom with a private sauna. The exterior features extensive updates completed in 2025, including a new roof, four skylights, new windows, cedar siding on the front facade, Hardie(R) cement board siding on the sides and rear, and blown-in insulation. Additional highlights include natural gas heat (with a new furnace being installed prior to closing), two 100-amp panels, public water and sewer, an attached private back patio for the property, and an additional private patio for the apartment. An oversized detached shed provides storage and could support workshop or garage potential. There is also one off-street parking spot.

Zoned GRB, the property is situated in Portsmouth’s South End area, located steps from Prescott Park, Strawbery Banke, and the Piscataqua River waterfront, with access to restaurants, boutiques, and entertainment.

A versatile setup supports multiple configurations, including use as a single-family home or as a side-by-side duplex, while the studio can function as a self-contained unit. Showings begin at the scheduled open house on Saturday, July 25th, from 12:00 to 2:00 PM.

Key Highlights

  • Legal two‑unit property originally built circa 1750 with a Colonial architectural style
  • Extensive exterior renovations in 2025: new roof, four skylights, new windows, new siding (cedar front; Hardie(R) cement board sides/rear), and blown‑in insulation
  • Natural gas forced‑air heating; new furnace being installed prior to closing

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Pharmacy Home Appliance Store Pet Grooming Service Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,277
Businesses Nearby

Demographics for 03801, NH

22,767
Population
11,448
Households
2
Avg Household Size
43
Median Age
63%
College-Educated
98%
High-School Grad
23.8 sq mi
ZIP Area
957
Density / Sq Mi
$106,520
Median Household Income
$65,984
Median Earnings
$1,783
Median Rent
$647,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Legal two-unit property with 2025 exterior renovations, natural gas heat, and public water and sewer.
Where is this duplex located?
The property is located at 491 Marcy Street Portsmouth, NH.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: Legal two‑unit property originally built circa 1750 with a Colonial architectural style; Extensive exterior renovations in 2025: new roof, four skylights, new windows, new siding (cedar front; Hardie(R) cement board sides/rear), and blown‑in insulation; Natural gas forced‑air heating; new furnace being installed prior to closing
More about this property
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