Updated Two-Unit Duplex with Separate
New
For Sale
$640,000
10 Court Street, Dover, NH 03820
Multi-Family, Dover, NH
Property Size1,841 SF
Lot Size0.10 Acres
Price / SF$347.64
Days on Market4
Property Features for 10 Court Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
CBD-G
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 2
Parking features
Driveway, Off Street
Patio and Porch features
Patio, Deck, Porch
Exterior features
Deck, Partial Fence, Patio, Covered Porch
Fencing
Partial
Appliances
Electric Water Heater
Lot features
City Lot, Level, Sidewalks, In Town
Standard status
Active
Size
1,841 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7980
Utilities
Heating system
Baseboard, Hot Water(Heating), Natural Gas
Water source
Public
Amenities
in-unit laundry
covered farmer's porch
rear deck
brick patio
dedicated off-street parking
Building Details
Year built
1880
Floors in Building
2
Number of units
2
Flooring type
Tile, Vinyl
Building materials
Wood Frame, Vinyl Siding
Roof type
Membrane, Shingle, Flat
Architectural style
Other
Listing Agency:
KW Coastal and Lakes & Mountains Realty · Keller Williams Realty
Listed By:
Patrick McCann
(603) 610-8500
Added: Oct 7
Changed: Oct 8
Last Checked: Oct 10 at 7:06AM
MLS# 5113310
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 1,841-square-foot duplex contains two updated apartments, each with two bedrooms and one bathroom. The units are leased and have in-unit laundry. Separate driveways provide off-street parking for each apartment. Interior finishes include stainless steel appliances, with quartz counters in the first-floor unit and granite counters upstairs. A covered porch and rear deck serve the first-floor apartment, while a brick patio adds shared outdoor space. The roof’s shingle section and the covered porch were replaced in 2023.
The property occupies 0.1 acres in Dover and is zoned CBD-G. Route 16, the Spaulding Turnpike, downtown Dover, and the Dover train station are nearby.
The property occupies 0.1 acres in Dover and is zoned CBD-G. Route 16, the Spaulding Turnpike, downtown Dover, and the Dover train station are nearby.
Key Highlights
- Two leased apartments, each with 2 bedrooms and 1 bathroom
- 1,841 square feet on a 0.1‑acre lot
- Separate driveways provide dedicated off‑street parking for both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,689
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,780
$373.8K
Cap Rate 7%
$266,986
$267.0K
Cap Rate 9%
$207,656
$207.7K
Market Conditions
NOI Build-Up for 1,841 SF
Gross rent
$27.6K $15.00/SF
− Vacancy
−$917 −$0.50/SF
EGI
$26.7K $14.50/SF
− OpEx
−$8.0K −$4.35/SF
NOI
$18.7K $10.15/SF
Area
Strafford County, NH
Vacancy
3.32%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,780
Cap Rate 7%
$266,986
Cap Rate 9%
$207,656
Alternative Uses
Best Use
Multifamily LT 5
$267.0K
$233.6K – $311.5K
NOI $18,689 @ 7.0% cap · market cap 2.92%
Second Best
Apartment 5plus
$246.2K
$215.5K – $287.3K
NOI $17,236 @ 7.0% cap · market cap 2.69%
Theoretical Best
Office A
$492.5K
$431.0K – $574.6K
NOI $34,477 @ 7.0% cap · market cap 5.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,204
Businesses Nearby
Explore this area
Business Placement
Demographics for 03820, NH
32,800
Population
15,460
Households
2.1
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
27.3 sq mi
ZIP Area
1,201
Density / Sq Mi
$92,793
Median Household Income
$53,890
Median Earnings
$1,540
Median Rent
$397,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Both leased apartments include in-unit laundry and individual off-street parking.
Where is this duplex located?
The property is located at 10 Court Street Dover, NH.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: Two leased apartments, each with 2 bedrooms and 1 bathroom; 1,841 square feet on a 0.1‑acre lot; Separate driveways provide dedicated off‑street parking for both units
