$7,995,000
Price
8
Beds
8,583 Sq. Ft.
$931 / Sq. Ft.
8,583
Sq. Ft.
$931
per Sq. Ft.

Description

A rare and truly exceptional opportunity in the heart of downtown Portsmouth — a 4-unit luxury mixed use building offered in its entirety. Built in 2008, this meticulously-maintained property combines modern construction and amenities with interior style and an unbeatable location. The main level includes two ground-level storefronts with prime State Street frontage, each currently leased to established tenants into 2026, as well as a main entrance to the residential units. Floor 2 offers a spacious...A rare and truly exceptional opportunity in the heart of downtown Portsmouth — a 4-unit luxury mixed use building offered in its entirety. Built in 2008, this meticulously-maintained property combines modern construction and amenities with interior style and an unbeatable location. The main level includes two ground-level storefronts with prime State Street frontage, each currently leased to established tenants into 2026, as well as a main entrance to the residential units. Floor 2 offers a spacious 3-bedroom, 4-bath garden-style apartment featuring an open floor plan, gas fireplaces, hardwood floors and three en suite bedrooms. Floors 3 and 4 are home to a stunning 2-story penthouse residence offering 4 bedrooms and 6 bathrooms, including 4 en suite bedrooms a 5th en suite office/guest room. The open-concept main living area includes a chef’s kitchen, casual and formal dining spaces, office, mudroom and warm, wide-pine floors. Expansive decks are on all three residential levels — all oriented toward the sunlit, south-facing and quiet Court Street side. Additional features include direct access to each residential unit from the garage or lobby via secure elevator; 4 deeded garage parking spaces plus additional garage storage; and a lower level with elevator access, fitness room and storage room. The Property is ready for condominium conversion, presenting a one-of-a-kind investment or lifestyle opportunity in Portsmouth’s most sought-after downtown location.
  1. Listed by Jennifer Madden • Madden Group

Property Details for 58 State Street

Water Body Type
River
Water View
Yes
Zoning
CD4
LISTING UPDATED: 10/28/2025 04:03 PM

Property Details for 58 State Street

StatusActive
MLS #5067208
Days on Market52
Taxes$73,315 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2008
Lot Size0.08 AC / 3,484 SF
CountyRockingham County

Location

Listing Courtesy of Madden Group
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Building Information for 58 State Street

Stories4Residences4Year Built2008Building Size-Lot Size0.08 AC / 3,484 SF

Payment Calculator

$45,616 per month

30 year fixed, 6.28% Interest

Principal and Interest

$39,506

Property Taxes

$6,110

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 58 State Street

Summary
Location and General Information
  • City: Portsmouth
  • County: NH-Rockingham
  • Latitude: 43.077201326587563
  • Longitude: -70.753744411045076
  • Road Frontage: Yes
  • Seasonal: No
  • State: NH
  • Street Designation: Street
  • Map: 105
  • Zip Code: 03801
Taxes and HOA Information
  • Tax Rate: 11.18%
  • Tax Year: 2024
  • Taxes TBD: No
Parking
  • Garage: Yes
  • Garage Capacity: 4.00
  • Driveway: Common/Shared, Paved, Right-Of-Way (ROW)
Property
Lot Information
  • Block: 012
  • Footprint: 66 x 47
  • Lot: 000
  • Lot Features: City Lot, Curbing, Level, Sidewalks, Street Lights, Water View, In Town, Near Shopping
  • Lot Size Acres: 0.08
  • Road Frontage Length: 57.0
  • Water Body Name: Piscataqua River
Property and Assessments
  • Assessment Amount: $6,557,700
  • Assessment Year: 2024
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Easements: Yes
  • Flood Zone: No
  • Plan Survey Number: D-34720
  • PreConstruction: No
  • ROW to other Parcel: Yes
  • Surveyed: Yes
  • Year Built: 2008
Utilities
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Other
  • Total Gas Meters: 2
  • Total Electric Meters: 3
  • Separate Utilities: Varies
  • Internet: Fixed Wireless Internet
Interior and Exterior Features
Exterior Features
  • Color: Brick
  • Association Amenities: Master Insurance, Snow Removal, Elevator(s)
  • Construction Materials: Brick Exterior
  • Roof: Architectural Shingle
  • Total Ranges: 2
Interior Features
  • Appliances: Natural Gas Water Heater, Tank Water Heater
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Climate Controlled, Concrete, Concrete Floor, Finished, Full, Interior Stairs, Locked Storage, Unfinished, Interior Access, Basement Stairs
  • Total Full Baths: 8
  • Flooring: Ceramic Tile, Hardwood, Softwood, Tile
  • Heating: Natural Gas, Forced Air, Multi Zone
  • Cooling: Central AC
  • Total Refrigerators: 3
  • Total Rooms Above Ground: 16
  • Total Stories: 4+
  • Total Water Heaters: 2
  • Trash: Municipal
Multi Family
Multi-Family Information
  • Total Units: 4
  • Total 1 BR Units: 0
  • Total 2 BR Units: 0
  • Total 3+ BR Units: 2
  • Total Heat Units: 2
Unit Information
Unit 1
  • Unit 1 Style: Comm Ret/Off Storefront
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 0
  • Unit 1 Lease Term: Annual
  • Unit 1 Level Number: 1
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Leased
  • Unit 1 Rooms: 1
  • Unit 1 Rental Amount: $1,287.49
  • Unit 1 Tenant Pays: Electric, Internet Service
  • Unit 1 Info: Natural Gas Heat, Heat Included, Hot Water
Unit 2
  • Unit 2 Lease Term: Annual
  • Unit 2 Style: Comm Ret/Off Storefront
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 1
  • Unit 2 Status: Leased
  • Unit 2 Level Number: 1
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 0
  • Unit 2 Rental Amount: $2,600.00
  • Unit 2 Info: Natural Gas Heat, Heat Included, Hot Water
  • Unit 2 Tenant Pays: Electric, Internet Service
Unit 3
  • Unit 3 Baths: 4
  • Unit 3 Rooms: 6
  • Unit 3 Level Number: 2
  • Unit 3 Style: Residential Garden
  • Unit 3 Bedrooms: 3
  • Unit 3 Info: Appliances Included, Deck, Dishwasher, Disposal, Dryer, Gas Fireplace, Primary BR w/ BA, Microwave, Mudroom, Gas Range, Refrigerator, Smoke Detector, Gas Heat Stove, Washer
Unit 4
  • Unit 4 Level Number: 3 + 4
  • Unit 4 Style: Residential Penthouse
  • Unit 4 Rooms: 8
  • Unit 4 Baths: 6
  • Unit 4 Bedrooms: 5
  • Unit 4 Info: Appliances Included, Deck, Den, Dishwasher, Disposal, Dryer, Gas Fireplace, Kitchen Island, Primary BR w/ BA, Mudroom, Gas Range, Refrigerator, Smoke Detector, Storage, Washer
Rental
Rent Information
  • Total Leases: 2

Property History for 58 State Street

DateEvent & SourcePriceAppreciation
Oct 25, 2025

Listed (Active)

New England Real Estate Network #5067295

$7,995,000
Oct 24, 2025

Listed (Active)

New England Real Estate Network #5067208

$7,995,000
Oct 1, 2020

Sold

New England Real Estate Network #4775838

$4,337,500
Aug 11, 2020

Pending

New England Real Estate Network #4775838

Apr 4, 2020

Expired

MLS PIN #72568138

$4,750,000
Sep 20, 2019

Listed (Active)

MLS PIN #72568138

$4,750,000
Sep 11, 2019

Listed (Active)

New England Real Estate Network #4775838

$4,750,000
DateEvent & SourcePrice
10/25/2025

Listed (Active)

New England Real Estate Network #5067295

$7,995,000
10/24/2025

Listed (Active)

New England Real Estate Network #5067208

$7,995,000
10/01/2020

Sold

New England Real Estate Network #4775838

$4,337,500
08/11/2020

Pending

New England Real Estate Network #4775838

04/04/2020

Expired

MLS PIN #72568138

$4,750,000
09/20/2019

Listed (Active)

MLS PIN #72568138

$4,750,000
09/11/2019

Listed (Active)

New England Real Estate Network #4775838

$4,750,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 58 State Street

Taxable ValueLand$2,990,800Additions$3,566,900Total$6,557,700
Tax Record2024$73,315 ($6,110 / month)
Home Facts
Total Finished SqFt7,983 SqFtAbove Grade Finished SqFt7,983 SqFtUnfinished Basement SqFt1,623 SqFtStories4Lot Size3,485 SqFtStyleOffice BuildingYear Built2008ZoningCD4CountyROCKINGHAMAPNPRSM M:0105 B:0012 L:

Schools near 58 State Street

This home is within Portsmouth School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 13
Private - PK to 8
Rating
School
Distance
Little Harbour School
PublicK to 5

Portsmouth Middle School
Public6 to 8

Portsmouth High School
Public9 to 13

St Patrick School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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58 State Street is a multi-family home for sale in Portsmouth, NH 03801. This property was listed for sale on October 24, 2025 by Madden Group, it's currently listed at $7,995,000. It has been on the market for a total of 52 days and was last sold on October 1, 2020. This listing's school district is Portsmouth School District. Nearby schools include Little Harbour School, Portsmouth Middle School and Portsmouth High School. 58 State Street is a 8-bed, 12-bath, 8,583 sqft multi-family home built in 2008.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Madden Group

Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is 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. Data last updated 12/15/2025 07:10 PM