Date
Details
Price
Change
Source
5/18/2026
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/11
$650,000 Just Listed
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Property Description
Located in the heart of vibrant downtown Newmarket, 5 1/2 Spring Street presents a rare investment opportunity featuring three separate income-producing units, with one unit thoughtfully situated on each floor. This well-positioned multi-family property offers strong rental potential, flexibility for owner-occupants, and convenient access to local restaurants, shops, and the scenic waterfront. Each unit provides its own distinct living space, creating an attractive setup for tenants seeking privacy and convenience. Whether you are looking to expand your investment portfolio or secure a versatile property in one of the Seacoast's most desirable communities, this centrally located building offers exceptional potential and long-term value. Front building (2009 build) at 5 Spring St that shares driveway area also for sale MLS #5089633.
Full Property Details
Full Property Details for 5 1/2 Spring St
General
- Price: $650,000
- Taxes: $9,089 (2025)
- Status: Active
- Type: Multi-Family
- Source: PrimeMLS
- MLS ID: 5089432
- Updated: 5/19/2026
- Added to Site: 1 day(s) ago
Rental Information
- Lease Terms: Unit1=Annual, Unit2=Annual, Unit3=Annual,
Location
- County: Rockingham
- Driving Directions: Property is behind the 3 unit building at 5 Spring St.
Heating & Cooling
- Cooling Type: None
- Heating Type: Electric
- Water Heaters: 3
Utilities
- Sewer: Public
- Trash: Dumpster
- Separate Meters: Yes
- # Electric Meters: 4
Structural Information
- Construction Status: Existing
- Basement: Yes
- Basement Entrance: Walkout
- Basement Desc.: Exterior Access, Full, Unfinished, Walkout
- Roof: Architectural Shingle
- Stories/Levels: 2
- Finished Total: 2,174 Sq. Ft.
- Finished Above Grnd: 2,174 Sq. Ft.
- Year Built: 1920
Unit Information
- 2 Bedroom Units: 1
- 3 Bedroom Units: 2
- Units w/Refrigerators: 3
- Units w/Range/Oven: 3
Unit 1
- Level: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Level: 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Level: 3
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,920
- Frontage: No Road Frontage
- Driveway/Sidewalk: Paved
- Zoning: M2
Financial Considerations
- Price Per Sq. Ft.: $298.99
- Assessment Year: 2025
- Assessment Amount: $468,000
- Tax Amount: $9,089
- Tax Year: 2025
Disclosures and Reports
- Block: 40
- Lot Number: 1
Listed by EXP Realty, David Lippmeier
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listed by EXP Realty, David Lippmeier
Listing agent
— 5 1/2 Spring St —
David Lippmeier
EXP Realty
Phone: 603-828-8190
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 5 1/2 Spring St
School District:Newmarket School District
| Name | Grades | Distance |
|---|---|---|
Newmarket Elementary School 243 South Main Street, Newmarket, NH 03857 | PK-5 | 0.9 mi |
Newmarket Jr.-Sr. High (Elem) 213 South Main Street, Newmarket, NH 03857 | 6-8 | 0.6 mi |
Newmarket Jr.-Sr. High School 213 South Main Street, Newmarket, NH 03857 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5 1/2 Spring St
Tax History
Tax History for 5 1/2 Spring St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,089
13%
$468,000
—
2024
$8,050
4%
$468,000
78%
2023
$7,750
9%
$262,800
—
2022
$7,093
3%
$262,800
—
2021
$6,906
4%
$262,000
—
2020
$6,671
4%
$262,000
20%
2018
$6,386
9%
$218,400
—
2017
$5,838
5%
$218,400
—
2016
$5,558
2%
$218,400
—
2015
$5,451
-3%
$218,400
—
2014
$5,624
-15%
$218,400
-19%
2013
$6,614
—
$270,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5 1/2 Spring St
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- Multi-Family
- Closed
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- 0.09Acres
Listed by Arthur Thomas Properties
Sold by Arthur Thomas Properties
Sold by Arthur Thomas Properties
- Condo
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Sold by REAL Broker NH, LLC
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Sold by A Non PrimeMLS Agency
Sold by A Non PrimeMLS Agency
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- Closed
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- 0.77Acres
Listed by No MLS Listing Office
Sold by Red Post Realty
Sold by Red Post Realty
5 1/2 Spring Street, Newmarket, NH 03857 (MLS# 5089432) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 5 1/2 Spring Street is currently listed for $650,000 and was received on May 18, 2026. Want to learn more about 5 1/2 Spring Street? Do you have questions about finding other Multi-Family real estate for sale in Newmarket? You can browse all Newmarket real estate or contact a Coldwell Banker agent to request more information.