Exceptional owner-occupied and investment opportunity in Portsmouth's coveted South End. This beautifully updated legal two-unit property combines the charm of a historic home while offering the ideal blend of lifestyle and cash flow. You'll love the flexibility of the layout as well which can be configured as a single family home, or side-by-side duplex, or it's current layout as a home with a 2-room studio apartment. The owner's residence is filled with timeless New England character while offering thoughtful modern updates throughout. The attached studio features its own private entrance, efficient layout, and a spa-inspired bathroom complete with a private sauna, creating a memorable guest or tenant experience. Outside you'll enjoy morning coffee or evening cocktails on your spacious, private back patio - and a private patio for the apartment as well! The oversized shed offers fantastic storage, a work shop, or garage potential. Originally built circa 1750, the property underwent extensive exterior renovations in 2025, including a new roof, four skylights, new windows, cedar siding on the front façade, Hardie® cement board siding on the sides and rear, and blown-in insulation. Additional features include natural gas heat (new furnace being installed prior to closing), public water and sewer, two 100-amp panels, a detached storage shed, and 1 off-street parking spot. Located just steps from Prescott Park, Strawbery Banke, the Piscataqua River waterfront, and Portsmouth's renowned restaurants, boutiques, and entertainment, this is a rare opportunity to own an income-producing property in one of New England's most desirable coastal communities. Whether you're looking to offset your mortgage with rental income, expand your investment portfolio, or enjoy the flexibility of a legal two-unit property in an unbeatable location, 491 Marcy Street offers exceptional value and endless possibilities. Showings start at open house, Saturday July 25th, 12 to 2pm.
| MLS # | 5100943 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (31) Under Contract - Active Under Contract |
| Year | 1750 |
| Days On Site | 61 |
| Listing Provided By | Duston Leddy Real Estate | Kirstin Stallkamp |
| Basement | Y |
|---|---|
| Story(s) | 2 |
| Units | 2 |
| Zoning | GRB |
| Acreage | 0.07 |
| Rooms Total | 0 |
|---|---|
| Cooling | None |
| Heating | Natural Gas, Forced Air |
| Appliances | Tank Water Heater |
| Exterior Features | Full Fence, Garden, Natural Shade, Shed, Storage |
|---|---|
| Roof | Asphalt Shingle |
| Construction Materials | Blown-In Insulation, Fiber Cement Exterior |
| Foundation Details | Block, Brick/Mortar, Stone w/ Skim Coating |
| Lot Features | Corner Lot, Landscaped, Sidewalks, In Town, Near Country Club, Near Golf Course, Near Paths, Near Shopping, Near Public Transit, Near School(s) |
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway, Off Street, On Site |
| Utilities | Cable Available, Gas On-Site, Phone Available |
|---|---|
| Electric | 100 Amp Service, Circuit Breakers |
| Sewer | Public |
| Tax Annual Amount | 10018 |
|---|---|
| Tax Block | 0011 |
| Tax Lot | 0000 |
| Tax Year | 2025 |
| State | NH |
|---|---|
| County | Rockingham |
| City | Portsmouth |
| Zip Code | 03801 |
| Area | NH Rockingham |
| School District | Portsmouth |
| Elementary School | Little Harbor School |
| High School | Portsmouth High School |
| Listing VS Median (in 03801) | |
Price: $1,325,000 low | high Med: $214,955 On site: 61 low | high Med: 694.5 | |
| State | NH |
|---|---|
| County | Rockingham |
| City | Portsmouth |
| Zip Code | 03801 |
| Area | NH Rockingham |
| School District | Portsmouth |
| Elementary School | Little Harbor School |
| High School | Portsmouth High School |
| Listing VS Median (in 03801) | |
Price: $1,325,000 low | high Med: $214,955 On site: 61 low | high Med: 694.5 | |
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