18 Morton Avenue, Rochester, NH 03867
MULTI_FAMILY - Other - Rochester, NH
- Added:
- Jun 11, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 17 at 1:06 pm
Property Features for 18 Morton Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2, Basement, Bedroom 1
- Parking features
- Driveway
- Patio and Porch features
- Porch
- Exterior features
- Barn, Garden Space, Porch, Enclosed Porch, Storage
- Standard status
- Active
- Size
- 1,678 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4146
Utilities
- Utilities
- Cable Available
- Heating system
- Other (Heating), Oil
- Water source
- Public
Building Details
- Year built
- 1902
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Other
- Additional Structures
- Storage
Listing agent Emily Cantwell (603) 610-8500
Listing office KW Coastal and Lakes & Mountains Realty/Wolfeboro 136 South Main St., Portsmouth, NH (603) 610-8500
Listing date Jun 11, 2026
Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex with 2 bedrooms, 1 bathroom upstairs and 1 bedroom, 1 bathroom downstairs
- Downstairs unit includes a fully enclosed sunroom
- Two‑story attached barn provides storage and is accessible to both tenants
- Recent updates include newer siding and a newer roof
- Yard with space for gardening, plus a porch and enclosed porch
- Public water and cable available; heating includes oil and other heating
Overview
The home is located at 18 Morton Avenue in Rochester, New Hampshire on a quiet dead-end street. Zoning is R2, supporting residential multifamily use.
For investors or owner-occupants, the unit mix can support flexible occupancy while maintaining rental income from the other side. Recent improvements include newer siding and a newer roof, which may reduce near-term maintenance concerns. The attached barn and yard add practical value for tenants needing additional storage and outdoor space.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.2k | $15.00 |
| − Vacancy | −$836 | −$0.50 |
| EGI | $24.3k | $14.50 |
| − OpEx | −$7.3k | −$4.35 |
| NOI | $17.0k | $10.15 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Strafford
- State
- New Hampshire
- Longitude
- -70.968726
- Latitude
- 43.308578
