413 Islington Street, Portsmouth, NH
Residential Income
Listed by Lamacchia Realty, Inc. · Jackie M Guido
Property Description
INVESTORS & CONTRACTORS TAKE NOTICE! This is the West End restoration opportunity you’ve been waiting for. Located just a 10-minute stroll from the heart of downtown Portsmouth, this stately duplex offers a rare “blank canvas” for those looking to create a masterpiece in one of the Seacoast’s most desirable neighborhoods. Currently occupied and functioning as a two-family residence, this property is home to families on both the first and second floors. While the home requires significant rehabilitation and a “top-to-bottom” vision, its solid bones and classic New England character remain intact. Whether you are looking for a high-yield investment project, a condo conversion opportunity (CD4-L2 Zoning), or a “sweat equity” dream home where you can live in one unit while restoring the other, the potential here is unmatched. You simply cannot beat this location. Enjoy the best of Portsmouth’s West End! Walk to local coffee shops, award-winning restaurants, and the vibrant energy of Market Square in minutes. Properties in this corridor, especially those with this much “value-add” potential, are becoming increasingly rare. Property Highlights: Versatile Duplex Layout: Separate units on the first and second floors. Premium West End Corridor: High-demand area with strong historical appreciation. Zoning Potential: CD4-L2 district offers various development or conversion paths. Rare amenities: Enjoy a spacious, fenced-in backyard and the incredible convenience of TWO separate driveways providing rare off-street parking for both units. Livable Restoration: Currently housing two families, providing immediate functionality while you plan your renovation. Bring your contractor, your architect, and your vision. 413 Islington St is ready for its next chapter. Sold “as-is.”
Property Details
Essentials & finishes
- SqFt:2,904
- Price / SqFt:$344.18
- Property Type:Residential Income
- Year Built:1835
- County:NH-Rockingham
- Town:Portsmouth, NH
- Status:Active
- Days on Market:104
Primary Features
Interior Features
Location Information
Financial Details
Additional
External Features
Property History
Annual taxes for this property
| Year | Assessed Tax |
|---|---|
| 2024 | $16,992 |
| 2023 | $16,567 |
| 2022 | $16,142 |
Estimated from list price; verify with the town assessor.
Market Data
Live snapshot computed from active listings in this town
- Active listings in Portsmouth102
- Average list price$1,370,325
- Price range$339,900 – $4,250,000
- Market sentimentBuyer's Market
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- Principal & Interest$5,054
- Property Tax$1,416
- Home Insurance$208
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.
Tom DeMatteo
Owl’s Nest Real Estate · Questions?
Market Sentiment
Buyer's MarketBased on 102 active · 0 sold in Portsmouth (last 90 days)
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.
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