Manchester NH Multi Family Homes $0 to $30000000
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$699,000 | $213 per sq.ft. | Number of Units 2 Total Sq. Ft. 3288 | Acres: 0.13 MANCHESTER NH
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Description:This meticulously maintained two-family home offers an excellent investment opportunity or a comfortable owner-occupied residence. Ideally located just a short distance from catholic medical center, this property boasts separate utilities, two-car garages, and ample off-street parking. Accessible via a convenient back street, it ensures privacy and ease of access. The first floor unit is 5 spacious rooms, including 2 bedrooms and 2 bathrooms. Private laundry facilities for added convenience, finished basement providing additional living or storage space. Second floor unit: generous 5-room layout with 3 bedrooms and 1-bathroom, unfinished walk-up attic offering potential for expansion or storage. Both units feature separate utilities, enhancing tenant satisfaction and simplifying property management. The two-car garages and abundant off-street parking add to the property's appeal. Whether you're an investor seeking a solid income-generating asset or a homeowner looking to offset living expenses, this property presents a compelling opportunity.
- New Listing!
$699,000 | $170 per sq.ft. | Number of Units 3 Total Sq. Ft. 4100 | Acres: 0.14 MANCHESTER NH
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Description:Opportunity is knocking! This large 3-unit multifamily property is fully occupied and ready for its next investor. Located in a highly desirable rental area known for its walkability and easy access to major routes, this property offers substantial rental income and long-term potential. The first-floor unit features approximately 1,548 SF with 4 bedrooms and 1 bath, occupied by a long-term tenant on a month-to-month tenancy paying $2,350/month, excluding utilities. The second-floor unit, recently renovated, also spans 1,548 SF and offers 3 bedrooms and 1 bath. It is leased through September 2026 at $2,200/month, excluding utilities. The third-floor unit includes 1,004 SF of living space with 3 bedrooms and 1 bath, occupied by a month-to-month tenant paying $2,150/month, excluding utilities. Current owners have completed numerous updates throughout the building. The first and third floors, while well-maintained, offer potential for cosmetic improvements upon tenant turnover. With a 7.5% cap rate, this property presents an exceptional investment opportunity in a high-demand location surrounded by like-kind multifamily properties. Ample parking is available for tenants. Showings are by appointment only with a 48-hour notice required, as all units are currently occupied.
- New Listing!
$699,900 | $187 per sq.ft. | Number of Units 3 Total Sq. Ft. 3739 | Acres: 0.15 MANCHESTER NH
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Description:**Group showings only; Thursday 4-5 PM and Saturday 1-2 PM** This spacious and solid three-family home is professionally managed and fully rented, producing $65,000 a year. All three units were fully renovated in 2021, featuring new kitchens, updated appliances, modern flooring, fresh paint, and more. Each unit includes its own washer and dryer. Recent upgrades include new Rinnai heaters in Units 1 and 2, a complete electrical upgrade and new subpanel in Unit 2, and a new roof installed in 2024. Tenants are responsible for their own gas and electric utilities, keeping operating costs low. Additional highlights include private decks for Units 1 and 2 and parking for three cars. An attached vacant fourth, one bedroom unit, at the rear of the property presents an opportunity for additional rental income. Currently zoned R-2, this lot will soon fall under the new MX-1 (Mixed Use Neighborhood) zoning district. When approved in December, the new zoning will expand development options to include up to a 4-unit multifamily residence. With the creation of one additional parking space, this unit could be made rentable, enhancing the property’s cash flow. This is a turnkey, income-producing investment property offering strong cash flow and minimal maintenance needs. Agent interest.
- Under Contract New Listing!
$749,999 | $166 per sq.ft. | Number of Units 4 Total Sq. Ft. 4515 | Acres: 0.12 MANCHESTER NH
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Description:EAST SIDE 4 FAMILY! Value Add Investment Opportunity - 328 Cedar Street MANCHESTER NH 03103 Beautiful and spacious 4-unit multi-family property located in the heart of Manchester. The building features two large 4-bedroom apartments and two efficient 1-bedroom units, each with separate entrances and utilities. With strong rental demand in this high-growth area, the property presents excellent long-term potential for income and appreciation.Great for a first time homebuyer who wants to owner occupy or for any investor to add to their portfolio! Take advantage of the lowered interest rates today! All units have been updated with new kitchen cabinets, flooring, paint and bathroom upgrades. COC through 3/24/26. Property Details: 4 UNITS 1st Floor: Two, 1 bedroom units with full bathroom 2nd Floor: 4 bedroom unit 3rd Floor: 4 bedroom unit All with washer/dryer hookups, parking and additional storage and deck space. Utilities: All units separately metered, natural gas in every unit except studio (electric). Tenants responsible for electric & heat. Listing agent is a licensed real estate professional in the State of New Hampshire and has an ownership interest in the property. Call or text to schedule a showing today!
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Price Change! reduced by $24,000 down 3% on October 28th 2025
$775,000 | $202 per sq.ft. | Number of Units 3 Total Sq. Ft. 3830 | Acres: 0.18 MANCHESTER NH
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Description:Amazing and spacious 3 family in fabulous Northend neighborhood. Large 3-bedroom units with natural woodwork, hardwood floors and attached greenhouse. Lots of updating done throughout. Over-sized lot with irrigation system bountiful with colorful Magnolia and Lilac trees, flowers and shrubs.
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$799,900 | $212 per sq.ft. | Number of Units 3 Total Sq. Ft. 3770 | Acres: 0.12 MANCHESTER NH
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Description:Long time owner selling this turn-key investment property. Each apartment gutted to the studs between 2005 -2007 with new insulation, plumbing, wiring, drywall, bathrooms, kitchens, windows and flooring. All units offer 3 spacious bedrooms, a large kitchen area and living room. Each unit has natural gas heat. First floor and 3rd floor have hot air furnaces and 2nd floor unit has FHW baseboard. Hallways are freshly painted and basement is clean as a whistle. Hard to find a cleaner building that will give you hassle free cash flow for years to come. Rents currently below market but long term tenants want to stay.
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Price Change! reduced by $178,000 down 11% on October 3rd 2025
$1,649,000 | $210 per sq.ft. | Number of Units 9 Total Sq. Ft. 7842 | Acres: 0.21 MANCHESTER NH
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Description:Opportunity to acquire a portfolio of three multi-family buildings in the heart of Manchester, NH – recently ranked the 3rd fastest-growing metro in the Northeast (NH Business Review). Together, the portfolio offers 9 total units consisting of six 1-bedroom units and three 2-bedroom units, providing a balanced mix that appeals to a wide range of renters. The buildings have been well-maintained and include modern updates such as fresh paint and upgraded flooring, giving tenants an attractive living space while minimizing owner maintenance. With a strong rental history and consistent demand in this growing market, the portfolio offers immediate income and long-term stability. Whether you’re an experienced investor looking to expand your holdings or entering the Manchester market for the first time, this portfolio is a rare opportunity to scale quickly. With the city’s continued growth and rising rental demand, multi-family investments of this size and quality are in high demand. ?? Secure a portfolio that delivers income, diversification, and appreciation potential in one of New Hampshire’s fastest-growing metros.
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$3,600,000 | $234 per sq.ft. | Number of Units 15 Total Sq. Ft. 15408 | Acres: 0.24 MANCHESTER NH
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Description:Presenting a well-maintained ±15,408 SF mixed-use brick building ideally located in the historic Millyard district in Manchester’s vibrant downtown core. This stately asset comprises 14 residential units, 1 commercial unit, and plenty of off-street parking on a ±0.23-acre lot. With 12 off-street parking spaces and two garages—this provides an attractive feature for tenants and owners alike. The residential unit mix consists of nine 1-bedroom/1 bathroom garden-style apartments, four 2-bedroom/1 bathroom garden-style units, and one, massive 2 bedroom/1-bathroom “owner’s unit” with its own private garage and basement. Originally purchased in 2013, this building has been carefully maintained seeing upgrades including new windows, boiler, water heaters, electrical panels, decks, roofing, and much more. All apartments benefit from heat and hot water included in rent, supplied by natural gas, forced hot water boilers. Significant upside exists within the rents for this generational asset which offers a stable in-place return and plenty of room to grow. Its strategic location, solid unit mix, and reliable income stream make it an excellent addition to any real estate portfolio.
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$7,250,000 | $319 per sq.ft. | Number of Units 38 Total Sq. Ft. 22732 | Acres: 0.38 MANCHESTER NH
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Description:The Flats @ Hanover Commons is a distinguished ±22,732 SF four-story mixed-use brick building at the corner of Hanover and Union Street. Converted to apartments and painstakingly renovated in 2017, this stabilized asset includes 32 upscale residential units, five boutique office suites, and a long-standing café tenant. The building blends historic character with modern systems—individual high-efficiency minisplits, shared hot water, building-wide Wi-Fi, elevator access, and full sprinkler coverage. Apartments are primarily modern micro-studios, along with select 1BR and 2BR units—some with private decks. Residents enjoy shared amenities including a fitness center, laundry room, and off-hours café access. The office suites on the first floor are fully leased, and the café features a strong, established operator. The ±0.17-acre main parcel includes a patio and seating area, while a separately deeded ±0.21-acre parking lot at 269 Hanover provides 20 off-street spaces and future development potential. Positioned in the thriving Central Business District, 235 Hanover Street offers a turnkey, income-producing opportunity with stable tenancy, quality finishes, and long-term upside. Opportunity to assume low interest rate, agency debt for qualified buyers. Inquire for additional details and financials. One or more members of the ownership entity is a licensed New Hampshire real estate broker. All showings by appointment only; do not disturb on-site businesses or tenants.
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$10,200,000 | $251 per sq.ft. | Number of Units 43 Total Sq. Ft. 40690 | Acres: 0.49 MANCHESTER NH
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Description:Signature on Elm contains a total of 43 units, consisting of 8 commercial suites and 35 residential units comprised of (17) 2-Bed/1-Bath units, (13) 1-Bed/1-Bath units, and 5 Studio units. Signature on Elm has undergone a gut renovation, which includes additions of an elevator and mailroom, all apartments, common areas, and exterior. The luxury units feature modern kitchens, dishwashers, in-unit washer and dryer, mini-splits for heating and cooling, vinyl flooring, and new appliances. The redevelopment of the property has added a high end, modern look. The Property also features a low-maintenance brick exterior and twenty-two (22) on-site parking spaces. Each unit is individually metered for electric hot water, electric heating and cooling, and electricity, all of which are paid for by the tenant. The Landlord is responsible for paying common area electric and public water and sewer. In-place rents are below the current market rates; the opportunity exists to drive rental rates in an urban-infill, high demand/supply constrained residential market. Value add opportunity also exists through the lease up of vacant retail spaces. The assessed value of the property is frozen through Fiscal Year 2028 in accordance with RSA 79-E covenants recorded on 2/23/2022. The RSA 79-E covenant calls for Affordable Housing for 15 units restricted for tenants at or below 80% of Area Medium Income, which is in place until Fiscal Year 2028.
802-295-1355
The Clerkin Agency, P.C.
565 Maple Street, White River Junction, VT. 05001
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Data last updated October 30th, 2025
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