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Two-Building Quadplex Investment
For Sale
$1,295,000
Pending

12 and 14 Whipple Rd, Newport, NH 03773

Built in 2009, this two-building property offers eight metered two-bedroom units with dedicated laundry and accessible features.

Property SizeContact for details
Days on Market51

Property Features for 12 and 14 Whipple Rd

General Information

Standard status Pending
Property subtype Investment

Additional Details

Sprinkler System Yes
Multifamily Units 8

Building Details

Year Built 2009
Units 8
Listing Agency: Coldwell Banker LIFESTYLES - Sunapee
Listed By: Buddy Howe
Source: Elliman
Added: Jun 20 Changed: Aug 8 Last Checked: Jul 23 at 11:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker LIFESTYLES - Sunapee

Investment Insights

Based on property information with market context.

This for-sale multi-family investment consists of two separate buildings on the same lot, totaling eight well-maintained two-bedroom, one-bath apartments. Built in 2009, each building contains four units with convenient floor plans and in-unit dedicated laundry areas. Two of the apartments are handicap-accessible and include walk-in showers, along with ground-level access for ease of use. The property uses separate electrical metering with its own electrical panel per unit, supporting straightforward management and efficiency.

Located in Newport, New Hampshire, the site is described as private and peaceful, with tenant-favoring amenities including private rear porches and ample paved parking. The buildings are vinyl-sided and include sprinkler systems, with quality insulation and clean, dry basements that add practical storage or usable space. The single-site layout is designed for convenient ownership oversight while keeping day-to-day living comfortably contained within the community.

For investors or operators seeking a turnkey residential income property, the combination of modern construction, low-maintenance design, and individually metered units can simplify ongoing management. The asset’s unit amenities—dedicated laundry, accessible layouts, and ground-level convenience where applicable—support a strong tenant experience in a quiet setting.

Key Highlights

  • Built in 2009: two separate buildings on one lot with 8 total two‑bedroom, one‑bath units
  • 2 handicap‑accessible units with walk‑in showers and ground‑level access
  • Each unit has a dedicated laundry area

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Garden Center Bakery Carpet & Flooring Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

57
Businesses Nearby

Demographics for 03773, NH

7,801
Population
3,865
Households
2
Avg Household Size
46
Median Age
30%
College-Educated
93%
High-School Grad
94.2 sq mi
ZIP Area
83
Density / Sq Mi
$78,073
Median Household Income
$44,167
Median Earnings
$1,238
Median Rent
$210,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Quadplex - Built in 2009, this two-building property offers eight metered two-bedroom units with dedicated laundry and accessible features.
Where is this quadplex located?
The property is located at 12 and 14 Whipple Rd Newport, NH.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Built in 2009: two separate buildings on one lot with 8 total two‑bedroom, one‑bath units; 2 handicap‑accessible units with walk‑in showers and ground‑level access; Each unit has a dedicated laundry area
More about this property
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