Three-Unit Multifamily
For Sale
$1,350,000
197 Richards Avenue, Portsmouth, NH 03801
Three residential units include in-unit washer and dryer and off-street parking behind the building on a 0.24-acre lot.
Property Size2,405 SF
Lot Size0.24 Acres
Price / SF$561.33
Days on Market44
Property Features for 197 Richards Avenue
General Information
Standard status
Active
Size
2,405 SF
Lot size
0.24 Acres
Property subtype
Multi Family Home
Zoning
GRA
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$15,641
Building Details
Building Size
2,405 SF
Year Built
1900
Stories
2
Units
3
Listing Agency:
Carey Giampa, LLC/Rye
(207) 703-8249
Listed By:
Brady Roche
(207) 703-8249
Source:
Ossipeelakere
Added: Jul 12
Changed: Aug 24
Last Checked: Jul 23 at 11:43AM
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 Carey Giampa, LLC/Rye
Investment Insights
Based on property information with market context.
197 Richards Avenue is a three-unit residential income property offering approximately 2,405 square feet of finished living space across three separate units. Each unit is equipped with its own in-unit washer and dryer. Off-street parking is provided behind the building.
The property sits on a 0.24-acre lot in Portsmouth’s Little Harbor area and is described as being moments from downtown.
As a three-unit multifamily, the building provides a straightforward structure for maintaining rental income while also offering flexibility for future interior or exterior updates.
The property sits on a 0.24-acre lot in Portsmouth’s Little Harbor area and is described as being moments from downtown.
As a three-unit multifamily, the building provides a straightforward structure for maintaining rental income while also offering flexibility for future interior or exterior updates.
Key Highlights
- Three‑unit residential property with approx. 2,405 SF finished living space
- 0.24‑acre lot with ample off‑street parking behind the building
- Each unit includes its own in‑unit washer and dryer
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,523
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three residential units include in-unit washer and dryer and off-street parking behind the building on a 0.24-acre lot.
Where is this triplex located?
The property is located at 197 Richards Avenue 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 residential property with approx. 2,405 SF finished living space; 0.24‑acre lot with ample off‑street parking behind the building; Each unit includes its own in‑unit washer and dryer
