Portsmouth Homes under $1.5 million

Portsmouth Homes under $1.5 million

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Newest Portsmouth Homes under $1.5 million

2 Melbourne St, Portsmouth
$775,000
3 Beds ⋅ 1 Baths ⋅ 5113380 MLS
Set in Portsmouth’s sought-after West End, this updated ranch offers the ease of one-level living with the added flexibility of unfinished space above and below. All major systems have been updated, allowing you to settle in with confidence while enjoying a thoughtfully refreshed home. The modern kitchen is both functional and inviting, with abundant cabinetry and storage, plus built-in bench seating that creates a casual eat-in area. Just off the kitchen, the formal dining room provides a natural setting for everyday meals or entertaining. The living room is anchored by an electric fireplace and features a separate accent wall with built-in shelving, adding warmth and definition to the space. Three well-sized bedrooms offer flexibility for family, guests, or a home office, while the full bathroom includes the convenience of laundry. Outside the main living spaces, the attic and basement provide room to grow, whether you envision finished living space, a home gym, office, playroom, or simply want additional storage. The attached garage enters through the basement; the existing layout offers the possibility to section off portions of the lower level to create even more usable space. And then there’s the West End. One of Portsmouth’s most desirable neighborhoods, it puts you close to the restaurants, breweries, coffee shops, shops, and creative businesses that have made the area such a popular part of the city. Spend the morning grabbing coffee, meet friends for dinner or a drink, or head out for a walk and enjoy the neighborhood’s mix of established streets and newer development. It’s a location that gives you the best of Portsmouth without feeling like you’re right in the middle of downtown. This is a home that offers plenty of ways to make it your own in one of Portsmouth’s most dynamic neighborhoods.

2 Melbourne St, Portsmouth

57 Thornton St, Portsmouth
$1,100,000
3 Beds ⋅ 2 Baths ⋅ 5113378 MLS
Location, Location, Location! Great opportunity in Portsmouth! Cherished by the same family for generations, this lovingly and meticulously maintained home offers water views, a generous lot and an easy walk to downtown. Enjoy the space and privacy of a single-family home with plenty of parking, close to the restaurants, shops and year-round activities that make Portsmouth such a wonderful place to call home. The care this home has received over the years is evident throughout, with newer vinyl windows, newer carpeting, abundant kitchen cabinetry, ample closet space and a comfortable, versatile floor plan. An added first-floor primary bedroom with a walk-in closet and full bathroom provides convenient one-level living. Upstairs are 3 good-sized rooms, 2 Bedroom and a bonus room - full bathroom and pull-down attic storage. Relax on the back deck with views toward Mill Pond and enjoy the lush, spacious backyard with plenty of room to garden, play and entertain. Two sheds provide additional storage. Move in and enjoy this well-cared-for home as it is, add your own personal updates over time, or explore possibilities for expansion, subject to applicable approvals. This combination of a beautifully maintained home, generous yard, water views, neighborhood setting and proximity to downtown Portsmouth is a rare find. A wonderful opportunity to make this well-loved property your own and enjoy everything Portsmouth has to offer for generations to come. OPEN HOUSE: October 11th Sunday 11am to 1pm.

57 Thornton St, Portsmouth

92 Cass St, Portsmouth
$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

45 Shearwater Dr Unit 1908, Portsmouth
$1,440,000
3 Beds ⋅ 3 Baths ⋅ 5112000 MLS
The opportunity to build in Portsmouth is sweet and so is this house plan! We are thrilled to offer the” Sweet Cherry Peekaboo” to this exciting new pocket community! Construction is almost complete! Offering 2487 square feet, this three-bedroom home has room for everyone! On the first floor, 9’ ceilings and a fabulous open concept floorplan facilitates today’s lifestyle with ease! Working from home, no problem; there is a small office on the first floor, along with a roomy living room, dining area, kitchen, and sunroom. Upstairs, the bedrooms are all a good size, with a spacious 210+/-square foot study. The primary suite surpasses everything; running the full-length front to back of this home, it is to die for! With stylish selections already included. We invite you to embark on a home journey with this local, award-winning builder. We will guide you the entire way, with a knowledgeable, dedicated staff. Close to Prescott Park, featuring beautiful gardens, fountains, river views, and walking paths. Nearby Labrie Family Skate at Puddle Dock Pond offers seasonal ice skating, you'll enjoy a wide variety of restaurants, shopping and entertainment which are just minutes away. Walk to the Spinnaker Point Recreation Center, an adults-only facility with an indoor track, fitness and aquatic area, and a full gymnasium. Don't miss your opportunity o become part of this Energy Star Certified community in Portsmouth within walking distance to downtown and all of the great amenities!

45 Shearwater Dr Unit 1908, Portsmouth

1 Ashland St, Portsmouth
$650,000
3 Beds ⋅ 1 Baths ⋅ 5111970 MLS
Welcome to 1 Ashland Street, located in Portsmouth’s West End. Offering 1,370 square feet of living space, this three-bedroom, one-bath home is ready for its next owner to bring their own ideas, updates, and personal style to the space. With a traditional layout that includes separate living, dining, and kitchen spaces, there’s a great starting point to reimagine the interior and create a home that reflects how you want to live. A recently constructed detached one-car garage provides covered parking and additional storage, while the three-season porch, already outfitted with Andersen windows, is ready for its finishing touches. Out back, the yard offers additional outdoor space with room to bring your own ideas, whether that means creating a patio area, adding gardens, or simply having a place to relax and enjoy the warmer months. Whether you envision refreshing the existing spaces or taking on a larger transformation, this property gives you the chance to decide what comes next. Bring your ideas and imagination and create a home that feels uniquely yours. Location is a standout, with easy access to I-95 for commuting north or south while still enjoying the quieter feel of a residential street with limited through traffic. The neighborhood is incredibly walkable, with downtown Portsmouth and the shops, restaurants, and businesses of the West End all within easy reach. With downtown Portsmouth, major commuter routes, and the surrounding Seacoast all within easy reach, 1 Ashland Street offers the chance to create a home of your own while enjoying the feel of a residential neighborhood. Schedule your showing today!

1 Ashland St, Portsmouth

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