OFF MARKET

Listed by Erin McMahon • BHHS Verani Seacoast. Bought with Bean Group / Portsmouth.

Off Market Jun 2021 for $720K

$864,292

•

3,180

sq ft

38 Sherburne Rd, Portsmouth, NH 03801

About this home

Attention INVESTORS. . opportunity is knocking with this stunning two unit in Sherburne Heights near downtown Portsmouth!! Great return on investment with a gross income of $56,700 and low operating expenses for a net income of $47,024! Fully rented and tenants want to stay! Both open-concept units were completely remodeled in 2018 boasting gorgeous hardwood floors, stone countertops, beautiful backsplash, lovely tile showers, stainless steal appliances, contemporary fixtures, and closet space galore! All new electric with separate meters for each unit, two new furnaces, hardwired smoke detectors, and new windows in 2018. Don't miss out on this opportunity to invest in the Portsmouth rental market! Agents see non-public remarks.

Multi-familyProperty Type

1980Year Built

6,534 sq ftLot Size

$272Est. Price/Sq.Ft.

6 spacesParking

Listed by Erin McMahon • BHHS Verani Seacoast

Bought with Carrie Barron • Bean Group / Portsmouth

Redfin checked: 2 minutes ago

•Source:PrimeMLS #4858239

Redfin Estimate

$864,292

$144K since sold in June 2021$14K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 23.8% lower than the average sale price ($1.13M) of 6 comparable homes.

SOLD AUG 5, 2026
$1,320,000
A
4 beds2.5 baths2,630 sq ft
28 Laurel Ct, Portsmouth, NH 03801
SOLD MAR 20, 2026
$1,400,000
B
4 beds2.5 baths2,461 sq ft
6 Boyd Rd, Portsmouth, NH 03801
SOLD APR 17, 2026
$610,000
C
4 beds2.5 baths2,334 sq ft
40 Opal Ave, Portsmouth, NH 03801
SOLD MAY 22, 2026
$735,000
D
3 beds2 baths1,654 sq ft
725 Colonial Dr, Portsmouth, NH 03801
SOLD SEP 1, 2026
$1,640,000
E
4 beds2 baths1,760 sq ft
25 S Mill St, Portsmouth, NH 03801
SOLD JAN 28, 2026
$1,100,000
F
3 beds2 baths2,024 sq ft
49 Sagamore Ave, Portsmouth, NH 03801

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Earn from this home

Sell

$294,597

Est. take-home

List your home with Redfin and save $8,643

Market trends in 03801, NH

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

99.3%

0.2% MoM

Median sale price

$724K

$29K MoM

Avg. days on market

33d

2 days MoM

Recently sold homes

101

4 MoM

New listings for sale

COMING SOON
$1,450,000
4 beds2 baths1,716 sq ft
161 Elwyn Ave, Portsmouth, NH 03801
NEW 1 HR AGO
$329,000
2 beds1 bath804 sq ft
512 White Cedar Blvd, Portsmouth, NH 03801
$1,080,000
2 beds2 baths1,058 sq ft
99 Foundry Pl #402, Portsmouth, NH 03801
$999,000
2 beds2.5 baths2,174 sq ft
579 Sagamore Ave #24, Portsmouth, NH 03801
3D WALKTHROUGH
$1,195,000
3 beds2.5 baths2,264 sq ft
579 Sagamore Ave #33, Portsmouth, NH 03801
$725,000
4 beds1 bath1,296 sq ft
1384 Islington St, Portsmouth, NH 03801
$699,900
3 beds1.5 baths1,862 sq ft
1630 Greenland Rd, Portsmouth, NH 03801
$474,000
1 bed1 bath708 sq ft
159 State St Unit 1A, Portsmouth, NH 03801
See all

Provided by Redfin

Sale history for 38 Sherburne Rd

Date

Event

Price

PrimeMLS #4858239

Jun 21, 2021

Sold

$720,000

$226/sq ft

May 10, 2021

Pending

—

Apr 29, 2021

Listed

$727,900

$229/sq ft

PrimeMLS #4641995

Aug 7, 2017

Sold

$399,000

$125/sq ft

Jun 26, 2017

Contingent

—

Jun 19, 2017

Listed

$399,000

$125/sq ft

+11

Portsmouth two unit. Loads of parking, great commuter location. First floor garden style unit has two bedrooms and open concept living, dining and kitchen area. Washer / dryer hook ups in unit. Second floor garden style unit has rear deck, tall ceilings, large kitchen and dining area, walk in pantry, laundry room, two bedrooms and family room. Property is situated close to major routes, Portsmouth Hospital, and the Pease International Trade Port.

Year

Property tax

Land + Additions

Assessment*

2025

$7,918 (+3.0%)

$219,400 + $468,500

$687,900

2024

$7,691 (+2.0%)

$219,400 + $468,500

$687,900

2023

$7,539 (+6.1%)

$133,000 + $334,400

$467,400

2022

$7,104 (+1.1%)

$133,000 + $334,400

$467,400

2021

$7,025 (+5.2%)

$133,000 + $334,400

$467,400

2020

$6,675 (−1.1%)

$133,000 + $321,100

$454,100

2019

$6,748 (+0.7%)

$133,000 + $321,100

$454,100

2018

$6,700 (+40.8%)

$120,900 + $302,100

$423,000

2017

$4,759 (+5.0%)

$120,900 + $188,500

$309,400

2016

$4,531 (+1.5%)

$99,000 + $166,900

$265,900

2015

$4,464

$99,000 + $166,900

$265,900

Tax history for 38 Sherburne Rd

Year

Property tax

Land + Additions

Assessment*

2025

$7,918 (+3.0%)

$219,400 + $468,500

$687,900

2024

$7,691 (+2.0%)

$219,400 + $468,500

$687,900

2023

$7,539 (+6.1%)

$133,000 + $334,400

$467,400

2022

$7,104 (+1.1%)

$133,000 + $334,400

$467,400

2021

$7,025 (+5.2%)

$133,000 + $334,400

$467,400

2020

$6,675 (−1.1%)

$133,000 + $321,100

$454,100

2019

$6,748 (+0.7%)

$133,000 + $321,100

$454,100

2018

$6,700 (+40.8%)

$120,900 + $302,100

$423,000

2017

$4,759 (+5.0%)

$120,900 + $188,500

$309,400

2016

$4,531 (+1.5%)

$99,000 + $166,900

$265,900

2015

$4,464

$99,000 + $166,900

$265,900

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

6,534 Sq. Ft.

Year renovated

—

Sq. Ft.

3,180

Year built

1980

Style

Multi-Family (2-4 Unit)

County

Rockingham County

APN

953221

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on May 15, 2026.

Property details

Interior

Basement Information
Basement: Yes
Basement Access: Walk-up

Multi-Unit Information
Unit Lease Term: Other
Total Units: 2
# of 2 Bedroom Units: 1
# of 3+ Bedroom Units: 1
# of Baths (full): 2
Parking: Parking Spaces 6+
Water: Public
Sewer: Public
Electric: 100 Amp, Circuit Breaker(s)
Construction: Wood Frame
Foundation: Concrete
Exterior: Concrete, Vinyl Siding
Roof: Shingle - Asphalt
Driveway: Paved
Heating: Hot Water
Heat Fuel: Oil
Cooling: Mini Split
Flooring: Carpet, Hardwood, Tile
Water Heater: Electric
Basement Description: Partial

Unit 1 Information
Unit 1 Approximate Sq. Ft.: 1560
Unit 1 Baths: 1
Unit 1 Bedrooms: 2
Appliances Included, Dishwasher, Dryer, Microwave, Porch, Range - Electric, Refrigerator, Washer
Unit 1 Lease Term: Other
Unit 1 Level Number: 1
Unit 1 Rooms: 4
Unit 1 Style: Ground Floor

Unit 2 Information
Unit 2 Approximate Sq. Ft.: 1620
Unit 2 Baths: 2
Unit 2 Bedrooms: 3
Appliances Included, Ceiling Fan, Deck, Dishwasher, Dryer, Microwave, Range - Electric, Refrigerator, Washer
Unit 2 Level Number: 2
Unit 2 Rooms: 6
Unit 2 Style: Second Floor

Exterior

Building Information
Construction Status: Existing
Approximate Sq. Ft. Total Finished: 3180
Approximate Sq. Ft. Total: 3440
Color: Grey

Lot, Zoning, & Easement Information
Lot: 0000
Level

Income Information
Net Income: $47,024

Survey Information
Surveyed: Yes

Other Property & Lot Information
Year Built: 1980

Financial

Assessment Information
Assessment Amount: 454100
Assessment Year: 2020

Tax Information
Tax Year: 2020
Tax Rate: 14.7
Gross Amount Tax: 6675.27

Other Tax Information
Page Deed: 2649

Utilities

Other Utilities Information
Internet - Cable
Yes

Location

School Information
School District: Portsmouth
Elementary School: New Franklin School
Elementary School: New Franklin School
Middle/Jr School: Portsmouth Middle School

Road Information
Road Frontage: Yes
Road Frontage Length: 88
Paved, Public

Other Location Information
Block: 0008

Public facts

Beds: 5
Baths: 2.0
Sq. Ft.: 3,180
Stories: 2.0
Lot Size: 6,534 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1980
Year Renovated: —
County: Rockingham County
APN: 953221

Home facts updated by county records on May 14, 2026

Other

Expense Information
Net Income: 47024
Operating Expenses Include: Insurance, Other, Water/Sewer

Water Body Information
Flood Zone: Unknown

Listing Information
Sale Includes: Outbuilding

Around this home

Schools

New Franklin School

Public K-5 • Assigned • 1.7mi

8/10

Portsmouth Middle School

Public 6-8 • Assigned • 2.3mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 94° expected this year, 16 days in 30 years

6/10 Wind Factor

65% chance of strong winds in next 30 years

2/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Portsmouth, NH • 03801

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.9 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

8.9 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$822,000 – $994,000

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New listings for sale in 03801

COMING SOON

$1,450,000

4 beds2 baths1,716 sq ft

161 Elwyn Ave, Portsmouth, NH 03801

NEW 1 HR AGO

$329,000

2 beds1 bath804 sq ft

512 White Cedar Blvd, Portsmouth, NH 03801

$1,080,000

2 beds2 baths1,058 sq ft

99 Foundry Pl #402, Portsmouth, NH 03801

$999,000

2 beds2.5 baths2,174 sq ft

579 Sagamore Ave #24, Portsmouth, NH 03801

3D WALKTHROUGH

$1,195,000

3 beds2.5 baths2,264 sq ft

579 Sagamore Ave #33, Portsmouth, NH 03801

$725,000

4 beds1 bath1,296 sq ft

1384 Islington St, Portsmouth, NH 03801

$699,900

3 beds1.5 baths1,862 sq ft

1630 Greenland Rd, Portsmouth, NH 03801

$474,000

1 bed1 bath708 sq ft

159 State St Unit 1A, Portsmouth, NH 03801

Home values near 38 Sherburne Rd

Data from public records.

Address	Redfin Estimate
52 Sherburne Rd, Portsmouth, NH 3 Beds \| 1 Baths \| 1371 Sq. Ft.	$522,592
100 Sherburne Rd, Portsmouth, NH 3 Beds \| 1.5 Baths \| 2791 Sq. Ft.	$819,187

Address	Redfin Estimate
20 Sherburne Rd, Portsmouth, NH 3 Beds \| 2.5 Baths \| - Sq. Ft.	$952,759
1000 Greenland Rd, Portsmouth, NH 2 Beds \| 2 Baths \| 1368 Sq. Ft.	$513,752

Address	Redfin Estimate
145 Sherburne Rd, Portsmouth, NH 3 Beds \| 2 Baths \| 1469 Sq. Ft.	$613,988
1002 Greenland Rd, Portsmouth, NH 4 Beds \| 3 Baths \| 2305 Sq. Ft.	$797,298

Property information provided by PrimeMLS when last listed in 2021. This data may not match . Learn more.

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