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Historic Residential Income Property
For Sale
$3,600,000

53 Austin Street, Portsmouth, NH 03801

1804-era residence with six bedrooms and a carriage house converted to two 1-bedroom and one 2-bedroom units.

Property Size7,648 SF
Price / SF$470.71
Days on Market108

Property Features for 53 Austin Street

General Information

Standard status Active
Size 7,648 SF
Property subtype Multi-family

Building Details

Year Built 1801
Listing Agency: Tate & Foss Sotheby's International Rlty
Listed By: Tony Jalbert
Source: Harborlightrealty
Added: Apr 25 Changed: Aug 10 Last Checked: Aug 10 at 3:59AM

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 Tate & Foss Sotheby's International Rlty

Investment Insights

Based on property information with market context.

The Pickering-Heffenger House dates to c.1804 and features quadruple crown moldings, marble fireplace mantels, soaring ceilings, and extraordinary millwork. The home has been thoughtfully modernized with a granite kitchen and wide-board cherry floors, and it offers six bedrooms with six renovated bathrooms that blend historic character with modern comfort.

The original carriage house and stable have been transformed into three separate residences, consisting of two one-bedroom apartments and one two-bedroom apartment. An existing inn license is also on file, creating additional operating options subject to required approvals.

Located along tree-lined Austin Street and just steps from downtown Portsmouth, the property can serve multiple living or rental arrangements while preserving a landmark setting. With its combination of a main residence and detached apartment-style units, it may fit buyers looking for a multi-generational layout, guest or staff accommodations, or a flexible hospitality use, subject to compliance with applicable requirements.

Key Highlights

  • 1804‑era Pickering‑Heffenger House with 6 bedrooms and four crown moldings throughout
  • Six renovated bathrooms and a granite kitchen, plus wide‑board cherry floors
  • Soaring ceilings and marble fireplace mantels with extraordinary millwork

Property Analytics

Current Use

Triplexes

Suggested Use

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

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

2,785
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 - 1804-era residence with six bedrooms and a carriage house converted to two 1-bedroom and one 2-bedroom units.
Where is this triplex located?
The property is located at 53 Austin Street Portsmouth, NH.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: 1804‑era Pickering‑Heffenger House with 6 bedrooms and four crown moldings throughout; Six renovated bathrooms and a granite kitchen, plus wide‑board cherry floors; Soaring ceilings and marble fireplace mantels with extraordinary millwork
More about this property
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