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Triplex with In-Unit Laundry
For Sale
$1,350,000
Pending

197 Richards Ave, Portsmouth, NH 03801

Three residential units include private washers and dryers, with off-street parking behind the building.

Property Size2,405 SF
Days on Market56

Property Features for 197 Richards Ave

General Information

Standard status Pending
Size 2,405 SF
Property subtype Multi-Family

Building Details

Year Built 1900
Listing Agency: Tom Mcguirk Of Mcguirk Properties, Llc
Listed By: Rania Elsherif
Source: Rania-elsherif
Added: Jul 10 Changed: Sep 2 Last Checked: Sep 2 at 4:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tom Mcguirk Of Mcguirk Properties, Llc

Investment Insights

Based on property information with market context.

Built in 1900, this triplex contains three residential units with approximately 2,405 square feet of finished living area. Each unit has its own washer and dryer, and off-street parking is situated behind the building. The property occupies a 0.24-acre lot.

The address is in Portsmouth’s Little Harbor neighborhood, moments from downtown and within the Seacoast market. Its three-unit configuration, dedicated laundry facilities, and rear parking provide a straightforward multifamily layout for an owner or investor evaluating the property for continued residential use or future improvements.

Key Highlights

  • Three‑unit multifamily property with approximately 2,405 square feet of finished living space
  • Each residential unit includes its own washer and dryer
  • Off‑street parking is located behind the building

Property Analytics

Current Use

Triplexes

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

2,523
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?
Triplex - Three residential units include private washers and dryers, with off-street parking behind the building.
Where is this triplex located?
The property is located at 197 Richards Ave Portsmouth, NH.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Three‑unit multifamily property with approximately 2,405 square feet of finished living space; Each residential unit includes its own washer and dryer; Off‑street parking is located behind the building
More about this property
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