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159 State Street, Portsmouth, NH

Condominium

For SaleActive
2 Beds|2 Baths|802 ft²|Built 1827|Portsmouth

Listed by Engel & Volkers Portsmouth · Alaina Murphy

Property Description

159 State Street sits in Portsmouth, New Hampshire — a condominium offering 2 bedrooms, 2 bathrooms and 802 square feet of living space. The asking price is $825,000. Condos in this corridor are the low-maintenance way into the market — association-managed exteriors, shared amenities and predictable monthly costs. Beyond the basics, the listing carries 1827 construction and roughly $1,029 per square foot. See the listing's full details below, and reach out for a private showing of 159 State Street.

Experience modern elegance in the coveted historic district of downtown Portsmouth. This beautifully updated two-bedroom, two-bath condominium offers the perfect blend of timeless charm and contemporary luxury, all within walking distance of the city's renowned restaurants, waterfront, parks, and entertainment. Located in the highly sought-after Sheafe Building, this residence provides the best of downtown living while offering a rare sense of quiet privacy. The open-concept floor plan is designed for effortless entertaining, featuring a completely renovated kitchen with premium appliances, custom finishes, and a spacious island that seamlessly connects to the living area. Thoughtful updates continue throughout the home, including new flooring, updated bathrooms, and stylish countertops and fixtures. The private primary suite is tucked away at the rear of the residence and features an updated en-suite bath, while the second bedroom and bath are equally well-appointed. Step outside your front door and enjoy an easy stroll to the waterfront, Prescott Park, Strawbery Banke, boutique shopping, and the vibrant lifestyle that makes downtown Portsmouth one of New England's most desirable destinations.

Location Highlights

159 State Street is a condominium in Portsmouth, New Hampshire, listed at $825,000. That works out to about $1,029 per square foot, for a home built in 1827. It has been on the market for 3 months.

At this latitude, Portsmouth averages roughly 8.4 hours of sun a day in June and 3.6 in December.

Property Details

Essentials & finishes

  • Bedrooms:2
  • Total Baths:2
  • Full Baths:2
  • SqFt:802
  • Price / SqFt:$1028.68
  • Property Type:Condominium
  • Year Built:1827
  • County:NH-Rockingham
  • Town:Portsmouth, NH
  • Status:Active
  • Days on Market:92

Primary Features

CountyNH-Rockingham
Property TypeResidential
Year Built1827
ZoningCD4

Interior Features

AppliancesDishwasher, Disposal, Dryer, Refrigerator, Washer, Propane Water Heater, Induction Cooktop
BasementNo
1/4 Baths0
3/4 Baths0
CoolingMini Split
ElectricCircuit Breakers
FlooringCeramic Tile, Wood
HeatingBaseboard, Mini Split
Interior FeaturesBlinds, Cathedral Ceiling(s), Kitchen Island, 1st Floor Laundry, Smart Thermostat
Rooms - Total6
SqFt-Approximate Finished Above Grade802
SqFt-Approximate Finished Below Grade0
SqFt Approximate Total Finished802
SqFt Approximate Total802

Financial Details

Association Fee$470
Fee FrequencyMonthly
Tax - Gross Amount$8,308
Tax Year2025
Taxes TBDNo

Additional

Construction StatusExisting
ConstructionMasonry, Brick
CovenantsYes
Flood ZoneNo
Pre-ConstructionNo
Property Sub TypeCondominium
SeasonalNo
Total StoriesOne
SurveyedUnknown
Timeshare/Fractional OwnershipNo

External Features

DrivewayNone
FoundationGranite
GarageNo
Lot FeaturesStreet Lights, Near Country Club, Near Golf Course, Near Paths, Near Shopping, Near Public Transit, Near Hospital, Near School(s)
Road Frontage TypeNone
Road FrontageNo
RoofAsphalt Shingle
SewerPublic
UtilitiesCable
Water SourcePublic
MLS®: PrimeMLS #5094278; Listed by Engel & Volkers Portsmouth · Alaina Murphy

Property History

Annual taxes for this property

YearAssessed Tax
2024$14,025
2023$13,674
2022$13,324

Estimated from list price; verify with the town assessor.

Market Data

Live snapshot computed from active listings in this town

  • Active listings in Portsmouth120
  • Average list price$1,160,650
  • Price range$469,900 – $2,500,000

Mortgage Calculator

Estimate your monthly payment for this home

20%
Loan Term
6.5%
Estimated monthly payment$5,512 / mo
  • Principal & Interest$4,172
  • Property Tax$1,169
  • Home Insurance$172

Estimates use typical New Hampshire costs — a 1.7% effective property-tax rate, insurance at 0.25% of home value/yr, and PMI below 20% down. Actual town tax rates vary; verify with your lender and the town assessor.

Around This Property

Schools, everyday places and nearby destinations near 159 State Street, Portsmouth, NH

$825,000/ Asking Price
For SaleActive
Est. $4,172 / mo20% down · 30yr · 6.5%
Tom DeMatteo

Tom DeMatteo

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Questions About This Listing

What is the MLS number for 159 State Street?

The MLS number is #5094278 (PrimeMLS), listed on June 11, 2026.

What is the asking price of 159 State Street?

159 State Street in Portsmouth, NH is listed at $825,000.

That works out to about $1,029 per square foot.

What kind of property is 159 State Street?

Condominium in Portsmouth, New Hampshire, built in 1827.

How big is 159 State Street?

The home has 2 bedrooms and 2 bathrooms.

It offers 802 square feet of living space.

Where is 159 State Street located?

The property is in Portsmouth, New Hampshire (03801).

PrimeMLS

NOTE: This representation is based in whole or in part on data generated by PrimeMLS, Inc., which assumes no responsibility for its accuracy. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS.

This listing data is intended for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.