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Duplex with In-Law Apartment
For Sale
$799,000

85 Amethyst Hill Road, Conway, NH 03860

MULTI_FAMILY - Contemporary - Conway, NH

Property Size3,324 SF
Lot Size2.01 Acres
Price / SF$240.37
Days on Market285

Property Features for 85 Amethyst Hill Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RA
Rooms Basement
Lot features Country Setting, Wooded
Standard status Active
Size 3,324 SF
Lot size 2.01 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 9570

Utilities

Utilities Propane
Heating system Propane (Heating), Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 2005
Floors in Building 2
Number of units 2
Building materials Wood Frame
Roof type Shingle
Architectural style Contemporary
Listing Agency: REAL Broker NH, LLC
Listed By: Bradley Roberts
Added: Oct 20, 2025 Changed: Jul 9 Last Checked: Jul 31 at 5:06AM
MLS# 5066815

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.

Investment Insights

Based on property information with market context.

This contemporary duplex-style property is set on just over 2 acres of wooded land and features an open-concept main level designed for entertaining. The living space includes vaulted ceilings, abundant natural light, and views of the surrounding nature. On the main level, there are three bedrooms and three full bathrooms, including a primary suite.

The lower level includes a fully equipped in-law apartment, which can support flexible living arrangements. The property is also described as being less than half a mile from shopping outlets, top-rated restaurants, and world-class ski slopes, with town conveniences nearby. Zoning is listed as RA.

With its two-level layout and in-law apartment configuration, the property can fit buyers seeking multi-generational living or additional on-site housing. The combination of three-bedroom, three-bath main living and a separate, fully equipped lower-unit arrangement provides practical versatility for a primary home, vacation home use, or rental income scenario.

Key Highlights

  • Built in 2005 with wood frame construction and a contemporary architectural style.
  • Over 2 acres of wooded land, with shopping outlets, restaurants, and ski slopes less than 0.5 mile away.
  • Main level features an open‑concept layout with vaulted ceilings and abundant natural light.

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 $57.8k $17.40
− Vacancy −$2.6k −$0.78
EGI $55.2k $16.62
− OpEx −$16.6k −$4.99
NOI $38.7k $11.63
3,324 SF · lease $17.40/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$552.3K
$483.3K – $644.4K (±1% cap)
NOI $38,664 @ 7.0% cap · market cap 4.84%
Second Best
Apartment 5plus
$488.7K
$427.6K – $570.1K (±1% cap)
NOI $34,207 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$830.0K
$726.2K – $968.3K (±1% cap)
NOI $58,099 @ 7.0% cap · market cap 7.27%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Location Intelligence

Trade Area within ½ mile

177
Businesses Nearby

Demographics for 03860, NH

3,910
Population
3,169
Households
1.2
Avg Household Size
53
Median Age
40%
College-Educated
95%
High-School Grad
23.2 sq mi
ZIP Area
169
Density / Sq Mi
$81,771
Median Household Income
$45,915
Median Earnings
$1,094
Median Rent
$328,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - A spacious two-level home on wooded acreage, offering a fully equipped in-law apartment and open-concept living.
Where is this duplex located?
The property is located at 85 Amethyst Hill Road Conway, NH.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Built in 2005 with wood frame construction and a contemporary architectural style.; Over 2 acres of wooded land, with shopping outlets, restaurants, and ski slopes less than 0.5 mile away.; Main level features an open‑concept layout with vaulted ceilings and abundant natural light.
More about this property
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