Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Quadplex with Separate Utilities Title is generated by Realmo AI

    547 White Mountain Highway, Milton, NH 03851

    View on Map
    Claim this Listing
    For Sale
    $725,000

    MULTI_FAMILY - Other - Milton, NH

    Property size:
    2,850 SF
    Lot size:
    0.20 Acres
    Price / SF:
    $254/SF
    Added:
    Apr 21, 2026
    Days on Market:
    47
    Last Refresh:
    Jun 6 at 4:06 pm

    Property Features for 547 White Mountain Highway

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    High Density Residential
    Bedrooms
    6
    Bathrooms
    4
    Rooms
    Bathroom 2, Bedroom 1, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 6, Bathroom 4, Bedroom 2, Bathroom 3
    Standard status
    Active
    Size
    2,850 SF
    Lot size
    0.20 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air, Propane (Heating), Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    4
    Building materials
    Wood Frame, Wood Exterior
    Architectural style
    Other

    We can help!

    Listing Contact
    Andy Yau
    Andy Yau

    Listing agent Andy Yau License #074320

    Listing office RE/MAX Shoreline 875 Greenland Rd., Portsmouth, NH

    Listing date Apr 21, 2026

    MLS# 5084495 Listing URL

    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

    • Quadplex built in 1900 with wood frame and wood exterior construction
    • Renovations include a new rubber membrane roof and unit updates throughout
    • Energy and comfort upgrades include newer windows and installation of two new heating systems
    • Each unit features updated interiors with new luxury vinyl flooring and contemporary paint finishes
    • Updated kitchens include brand‑new stainless steel appliances
    • In‑unit washer and dryer hookups, plus public water and cable available

    Overview

    This quadplex has been renovated throughout, including a new rubber membrane roof and unit updates. Improvements include newer windows and the installation of two new heating systems, along with refreshed interior finishes such as contemporary paint and new luxury vinyl flooring. Several updates are noted inside each unit, including brand-new stainless steel appliances and in-unit washer/dryer hookups, plus tiled bathrooms. The property also features touches such as warm pine hardwood floors.

    The building is located in downtown Milton, across from Milton 3 Ponds, and is described as being within minutes of schools, convenience stores, town hall, the seacoast, lakes, mountains, and Route 16. The remarks also note outdoor recreation nearby, including fishing, swimming, and boating within walking distance.

    Designed for tenants who value their own in-unit setup and for operators seeking straightforward management, the property provides separate utilities. The seller also indicates the quadplex can be purchased as part of a package with the property next door. Delayed scheduled private showings begin on Friday between 4:00 and 6:00 PM.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Auto Repair Shop Department Store Discount Store Electrical Service Daycare Center (Bike/Boat/Book/etc) Store Restaurant Pet Grooming Service (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milton
    County
    Strafford
    State
    New Hampshire
    Longitude
    -70.9875912
    Latitude
    43.413951

    Nearby Similar for Sale

    • $1,149,900
      5,237 SF

      Renovated Multifamily Property

      Renovated multifamily asset with newer windows, updated units, and in-unit washer/dryer hookups supported by separate utilities.
      545 & 547 White Mountain Highway, Milton, NH 03851
      View Details
    • $599,000
      6,618 SF

      Waterfront Mixed-Use Investment Building

      Mixed-use building with residential units and a commercial unit, separate utilities, and coin-op laundry hookups.
      552 White Mountain Highway, Milton, NH 03851
      View Details
    • $425,000
      2,387 SF

      Duplex with Separate Utilities

      Duplex with separate utilities and finishes including hardwood floors and tiled bathrooms in downtown Milton.
      545 White Mountain Highway, Milton, NH 03851
      View Details
    • $749,900

      Updated Quadplex Near Downtown Milton

      Rare investment opportunity with high cap rate and renovated units.
      547 White Mountain Hwy, Milton, NH 03851
      View Details
    • $1,199,800

      High-Performing Investment Property Package

      Rare investment opportunity with a 10.03% cap rate.
      545 & 547 White Mountain Hwy, Milton, NH 03851
      View Details
    • $599,000

      Waterfront Investment Property in Milton

      Mixed-use building with development potential in downtown Milton, NH.
      552 White Mountain Hwy, Milton, NH 03851
      View Details
    • $1,400,000
      236,095 SF

      Milton Mixed-Use Property For Sale

      Mixed-use and hospitality property available in Milton, New Hampshire.
      10 Saltbox Rd, Milton, NH 03851
      View Details
    • $425,000
      1,878 SF

      High-Traffic Auto Garage for Sale

      Three-bay auto garage with equipment and high visibility.
      254 White Mountain Hwy, Milton, NH 03851
      View Details

    FAQs

    What type of property is this?
    Quadplex - Renovated quadplex with newer windows, updated heating systems, and in-unit washer/dryer hookups.
    Where is this quadplex located?
    The property is located at 547 White Mountain Highway Milton, NH.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: Quadplex built in 1900 with wood frame and wood exterior construction; Renovations include a new rubber membrane roof and unit updates throughout; Energy and comfort upgrades include newer windows and installation of two new heating systems
    (603) 431-1111
    We can help!
    Listing Contact
    Andy Yau
    Andy Yau
    Real Estate License ID: 074320
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    547 White Mountain Highway, Milton, NH 03851
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!