This listing courtesy of Joseph Giordano , Portside Real Estate Group

$1,199,000

514 Middle Street, Portsmouth, NH 03801

5 beds |
3 baths

Single-Family Home
Built in 1900
4,356sqft lot
2 car garage
$——/sqft
Listed 1 month ago

Property Description

Live in Portsmouth for less — offset the mortgage with rental income. Spacious and bright, this versatile multi-unit property offers a rare opportunity just a short walk to Market Square. The primary unit features 3 bedrooms and 1.5 baths, along with a dedicated office, and spans the first two floors of a charming New Englander, blending classic character with everyday functionality. There is an additional space located on the top floor that offers 2 bedrooms and 1 bath with its own private exterior entrance, providing excellent separation and rental appeal. High ceilings, original woodwork, and hardwood floors create timeless appeal, while practical updates — including first-floor laundry, two off-street parking spaces, and a large back deck — enhance day-to-day living and entertaining. Whether you're an investor seeking strong in-town demand or a homebuyer looking to break into the Portsmouth market while generating income, this flexible property delivers. Live comfortably in one unit and let the rental income from the other help pay your mortgage — a smart path to Portsmouth ownership. Easy walk to downtown, classic New England charm, and built-in income potential — opportunities like this are increasingly rare. PAINTING WILL BE COMPLETED IN THE SPRING Property is a legal two-unit and is also listed as Multi-Family — see MLS #5077525.

Listing Status:: Active
Date Added:: February 26, 2026
Data Last Updated:: April 5, 2026 at 12:59PM
Listing Office:: Portside Real Estate Group : 603-600-8900
Listing Agent:: Joseph Giordano : 603-324-8180 : joeygiordano@portsidereg.com
MLS ID:: 5077639

Basement: Interior StairsInterior AccessExterior Access
A/C: None
Heating: Natural Gas

Style: New Englander

Roofing: Architectural Shingle
General: Wood FrameAsbestos ExteriorBrickFieldstone

Road/Access: Public
County: Rockingham

Driveway: Crushed Stone
Zoning: MRO

Utilities: CablePhone
Water: Public
Sewer: Public

This listing courtesy of Joseph Giordano , Portside Real Estate Group

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Little Harbour Elementary School

50 Clough Dr Ste 1, Portsmouth, NH, 03801

Grades KG-5

0.64 miles away

Portsmouth Middle School

155 Parrott Ave, Portsmouth, NH, 03801

Grades 6-8

0.37 miles away

Portsmouth High School

50 Andrew Jarvis Dr, Portsmouth, NH, 03801

Grades 9-12

0.70 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.