Portsmouth Homes with Multi-Family Style

Welcome to Portsmouth, New Hampshire—a charming coastal city that beautifully blends rich history with modern living. Nestled in Rockingham County, Portsmouth is renowned for its vibrant downtown, stunning waterfront, and a variety of cultural attractions. With its historic architecture, quaint shops, and a thriving dining scene, this city captures the hearts of residents and visitors alike.

One of the most appealing aspects of Portsmouth is its diverse housing options, particularly multi-family homes. These properties are ideal for investors looking to capitalize on the area’s strong rental market or for families seeking to live in a community-oriented environment. Multi-family homes in Portsmouth offer a unique opportunity to enjoy the benefits of homeownership while generating rental income. Imagine living in a beautifully restored Victorian while renting out the additional units to help cover your mortgage—it's a win-win!

Portsmouth’s multi-family homes come in various styles, from classic New England duplexes to contemporary townhouses, catering to a range of tastes and budgets. The city's walkable neighborhoods, excellent schools, and proximity to the stunning New Hampshire coastline make it an ideal place for families and young professionals alike.

Additionally, Portsmouth’s thriving arts scene, numerous parks, and easy access to outdoor activities further enhance the appeal of living here. Whether you're looking to invest or find a home that suits your lifestyle, Portsmouth's multi-family properties provide a unique opportunity to embrace all that this picturesque city has to offer. Come discover your future in Portsmouth!

Newest Portsmouth Homes with Multi-Family Style

$1,225,000

5113299 MLS

92 Cass Street offers a unique mixed-use property consisting of five residential units and a detached commercial building, currently occupied by an established pet-grooming business. The residential building features a varied collection of apartments offering 1 studio, 2 two-room studios, a one-bedroom, and a two-bedroom arranged across two floors, while the detached commercial space provides approximately 520 square feet of additional income-producing space. The property also includes on-site parking, an especially valuable amenity in Portsmouth, and shared outdoor spaces for the residential units. Currently fully occupied, the property offers an established rental history with several long-term tenants. Existing residential rents are noted by the seller as being well below current market value, presenting meaningful potential for future income growth. The combination of residential and commercial tenancy provides a diversified revenue stream and makes this an appealing opportunity for investors seeking a Portsmouth asset with both immediate income and long-term upside. The property has also benefited from several important improvements, including newer furnaces in both buildings, replacement windows, recently painted exteriors, a new water heater, and a newer roof. The main residential building was painted in 2025, the commercial building in 2024, and the commercial heating system was replaced in 2025. Located on a compact 0.09-acre parcel in Portsmouth’s CD4-L2 zoning district (permits 5-8 units), 92 Cass Street presents a compelling opportunity to acquire an established six-tenant mixed-use investment property in one of the Seacoast’s most desirable and supply-constrained markets. Property sold as is. Some photos have been digitally modified to remove tenant belongings. Showings start October 13th.

92 Cass St, Portsmouth, NH

$1,595,000

5110204 MLS

A rare multi-family opportunity in Portsmouth’s sought-after Little Harbor neighborhood, offered for the first time in nearly 50 years. 383 Miller Avenue is a 3-unit property offering investment flexibility with an exceptional location. The main residence features two units. A 1st floor two-bedroom, one-bath unit, 2nd floor has a two-bedroom, one-bath unit. A separate carriage house adds a third residence with one bedroom, one bath and an additional loft. A great investment opportunity for a first-time investor, an owner-occupied home with rental income, or a flexible multi-generational living arrangement. This home offers possibilities that are increasingly hard to find in Portsmouth. This property also features a charming front porch, level and private backyard, large two-car garage with additional parking and storage. Set along the sidewalk-lined streets of the Little Harbor neighborhood. Walking distance to all Portsmouth schools, Leary Field, and downtown. Rye beaches a quick 10-minute drive. Enjoy Portsmouth 4th of July fireworks from your backyard. Close to downtown where you can enjoy all of the shopping, restaurants, and cafes that downtown Portsmouth has to offer.

383 Miller Ave, Portsmouth, NH

$9,500,000

4 Beds ⋅ 4 Baths ⋅ 5109617 MLS

Pickerings Neck. A truly rare opportunity on the waterfront in Portsmouth’s historic South End. Pickerings Neck is more than a property, it is a piece of Portsmouth’s maritime history and an opportunity to create a family compound unlike anything else in the city. Located on historic Pickering’s Neck, whose story reaches back to John Pickering’s arrival in 1633, this waterfront site later became part of Portsmouth’s important shipbuilding tradition. Today, the property offers an extraordinary collection of buildings and waterfront amenities, including a principal residence with an apartment, small warehouse, waterfront decks, docks, mooring and a separate building currently home to the South End Yacht Club.The real opportunity may lie in what comes next. Situated in the Commercial zoning district and within Portsmouth’s Historic District, the property presents a compelling canvas for creating an exceptional private family compound. Envision expanding and reimagining the existing residence or exploring the potential for a larger estate home, while repurposing the distinctive yacht club building into a remarkable waterfront guest residence or complementary living space. Few properties combine this degree of waterfront access, multiple existing structures, boating amenities, history and proximity to downtown Portsmouth. Step from your home to your dock, explore the Piscataqua and Portsmouth Harbor, or walk into the heart of the city. 15 Pickering offers something that simply cannot be recreated: the opportunity to write the next chapter of an extraordinary Portsmouth waterfront property.

15 Pickering Ave, Portsmouth, NH

$970,000

5100531 MLS

Exceptional Portsmouth Duplex – Fully Updated Investment or Owner-Occupant Opportunity – $1,176,000 Rare opportunity to own a beautifully updated duplex in one of Portsmouth's most desirable neighborhoods. Whether you're looking to expand your investment portfolio, live in one unit while generating rental income from the other, or accommodate multi-generational living, this property offers outstanding flexibility in a prime Seacoast location. Each unit features 3 bedrooms and 1 full bathroom with spacious, functional layouts designed for comfortable living. Recent improvements include new energy-efficient windows, updated kitchens with modern finishes, renovated bathrooms, and new central air conditioning, making this a truly move-in-ready property with contemporary style and comfort throughout. Perfectly located just minutes from downtown Portsmouth, residents will enjoy easy access to award-winning restaurants, boutique shopping, the waterfront, parks, schools, and entertainment. Commuters will appreciate the quick access to I-95, Route 1, and nearby employment centers, providing convenience without sacrificing the charm of one of New Hampshire's most sought-after communities. Properties offering two updated 3-bedroom units in Portsmouth are exceptionally rare. Whether you're seeking strong rental potential, long-term appreciation, or the flexibility of owner occupancy with income, this duplex presents an outstanding opportunity. Property Highlights: Duplex with two 3-bedroom, 1-bath units Updated kitchens and bathrooms New energy-efficient windows New central air conditioning Spacious layouts with modern finishes Excellent investment or owner-occupied opportunity Prime Portsmouth location close to downtown, shopping, dining, and major highways Offered at $1,176,000 Don't miss your chance to own this exceptional duplex in one of the Seacoast's most desirable markets. Schedule your private showing today.

184 Echo Ave, Portsmouth, NH

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Portsmouth Homes with Multi-Family Style

Newest Portsmouth Homes with Multi-Family Style

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