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Historic Multifamily Property
For Sale
$3,600,000

53 Austin Street, Portsmouth, NH 03801

Multi-Family, Portsmouth, NH

Property Size7,648 SF
Lot Size0.40 Acres
Price / SF$470.71
Days on Market92

Property Features for 53 Austin Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning GRC
Bedrooms 10
Bathrooms 7
Full bathrooms 7
Rooms Bedroom 10, Bathroom 4, Basement, Bedroom 6, Bedroom 7, Bedroom 8, Bedroom 5, Bathroom 2, Bathroom 6, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 9, Bathroom 7, Bathroom 3, Bathroom 5, Bedroom 3, Bedroom 2
Parking features Driveway, Open, Garage
Exterior features Building, Partial Fence, Storage
Fencing Partial
Appliances Water Heater off Boiler
Lot features City Lot, Landscaped, Level
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 From Middle Street traveling to downtown Portsmouth, turn left onto Austin Street at the Austin Street / Richards Avenue intersection. The Property will be on your right.
Standard status Active
Size 7,648 SF
Lot size 0.40 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 41235

Utilities

Heating system Baseboard, Natural Gas
Water source Public

Building Details

Year built 1801
Floors in Building 3
Number of units 4
Flooring type Hardwood
Building materials Wood Frame, Clapboard Exterior, Wood Exterior, Wood Siding
Roof type Shingle
Architectural style Federal
Additional Structures Storage
Listing Agency: Tate & Foss Sotheby's International Rlty · Sotheby's International Realty
Listed By: Tony Jalbert
Added: Jun 17 Changed: Sep 11 Last Checked: Sep 16 at 1:06PM
MLS# 5095216

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.

Built in 1801, this Federal-style multifamily property combines a principal residence with three apartments created within the former carriage house and stable. The main residence contains 7,648 square feet, six bedrooms, six renovated bathrooms, a granite kitchen, hardwood floors, marble fireplace mantels, crown molding, and detailed millwork. The additional residences include two one-bedroom apartments and one two-bedroom apartment. Wood-frame construction, clapboard and wood siding, natural-gas baseboard heat, a shingle roof, public water, garage parking, driveway parking, and storage are also present.

The property occupies 0.4 acres at 53 Austin Street in Portsmouth, New Hampshire, near downtown Portsmouth. Zoning is GRC. An existing inn license is included in the property information, with any hospitality use subject to approvals.

Key Highlights

  • 1801 Federal‑style multifamily property at 53 Austin Street, Portsmouth, NH 03801
  • Main residence contains 7,648 square feet, six bedrooms, and six renovated bathrooms
  • Three additional apartments: two one‑bedroom units and one two‑bedroom unit

Property Analytics

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Current Use

Multifamily properties

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.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,843
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Multifamily property - Federal-style property with a principal residence, three apartments, and an existing inn license subject to approvals.
Where is this multifamily property 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: 1801 Federal‑style multifamily property at 53 Austin Street, Portsmouth, NH 03801; Main residence contains 7,648 square feet, six bedrooms, and six renovated bathrooms; Three additional apartments: two one‑bedroom units and one two‑bedroom unit
More about this property
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