Duplex with Detached
For Sale
$749,000
120 Durham Road, Dover, NH 03820
Multi-Family, Dover, NH
Property Size3,566 SF
Lot Size0.71 Acres
Price / SF$210.04
Days on Market109
Property Features for 120 Durham Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-20
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 3, Bedroom 5, Bedroom 2, Bathroom 2, Bedroom 6, Bedroom 4, Bathroom 1
Lot features
Level, Near School(s)
Elementary school
Woodman Park Elementary School
Middle school
Dover Middle School
High school
Dover High School
Directions
Take Exit 7 off the Spaulding Turnpike (NH-16) to access Durham Rd in Dover. Durham Rd is Rte 108.
Standard status
Active
Size
3,566 SF
Lot size
0.71 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
14189
Utilities
Heating system
Natural Gas
Water source
Public
Amenities
front porch
rear deck
in-unit laundry
Building Details
Year built
1971
Floors in Building
2
Number of units
2
Building materials
Aluminum Siding, Vinyl Siding
Roof type
Shingle, Metal
Architectural style
Other
Listing Agency:
Keller Williams Realty Evolution
(978) 927-8700
Listed By:
Trish Mahoney
Added: Jun 19
Changed: Oct 4
Last Checked: Oct 5 at 11:06PM
MLS# 5095678
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 Dover duplex contains 3,566 square feet across two residential units. The larger residence includes four bedrooms, one full bathroom, two half bathrooms, laundry, an eat-in kitchen, front porch, rear deck, and substantial closet storage. A private exterior staircase leads to the second unit, which provides two bedrooms, a full bathroom with in-unit laundry, and a full kitchen.
The property occupies 0.71 acres at 120 Durham Road and includes a detached two-car garage, individual driveways, and generous parking areas for the residences. Built in 1971, the building has aluminum and vinyl siding, shingle and metal roofing, natural gas heat, and public water. R-20 zoning applies to the parcel.
The property occupies 0.71 acres at 120 Durham Road and includes a detached two-car garage, individual driveways, and generous parking areas for the residences. Built in 1971, the building has aluminum and vinyl siding, shingle and metal roofing, natural gas heat, and public water. R-20 zoning applies to the parcel.
Key Highlights
- 3,566 square feet with a four‑bedroom primary unit and a two‑bedroom second unit
- 0.71‑acre level parcel at 120 Durham Road, Dover, NH 03820
- Detached two‑car garage with additional vehicle, tool, and storage capacity
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,200
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$724,000
$724.0K
Cap Rate 7%
$517,143
$517.1K
Cap Rate 9%
$402,222
$402.2K
Market Conditions
NOI Build-Up for 3,566 SF
Gross rent
$53.5K $15.00/SF
− Vacancy
−$1.8K −$0.50/SF
EGI
$51.7K $14.50/SF
− OpEx
−$15.5K −$4.35/SF
NOI
$36.2K $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%
$724,000
Cap Rate 7%
$517,143
Cap Rate 9%
$402,222
Alternative Uses
Best Use
Multifamily LT 5
$517.1K
$452.5K – $603.3K
NOI $36,200 @ 7.0% cap · market cap 4.83%
Second Best
Apartment 5plus
$476.9K
$417.3K – $556.4K
NOI $33,386 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$954.0K
$834.8K – $1.11M
NOI $66,781 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
128
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer separate kitchens, laundry facilities, driveways, and outdoor areas on a level Dover parcel.
Where is this duplex located?
The property is located at 120 Durham Road Dover, NH.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 3,566 square feet with a four‑bedroom primary unit and a two‑bedroom second unit; 0.71‑acre level parcel at 120 Durham Road, Dover, NH 03820; Detached two‑car garage with additional vehicle, tool, and storage capacity
