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Duplex and Triplex Income Property
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503 Tamworth Rd, Tamworth, NH 03886

Fully leased duplex and triplex offer two- and three-unit multifamily buildings on 2.62 acres.

Property Size4,612 SF
Lot Size2.62 Acres
Days on Market132

Property Features for 503 Tamworth Rd

General Information

Standard status Active
Size 4,612 SF
Lot size 2.62 Acres
Property subtype Multifamily
Occupancy 100%

Additional Details

Road Access Yes
Multifamily Units 5
Listing Agency: Colliers - Portsmouth, New Hampshire
Listed By: Andrew Ward · License #NH 067085
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 10:55PM

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 Colliers - Portsmouth, New Hampshire

Investment Insights

Based on property information with market context.

This offering includes two multifamily buildings totaling 4,612± SF and containing five units in all. The 1,360± SF duplex was built in 1925 and renovated in 2023, with one 2 bed/1 bath unit and one 1 bed/1 bath unit. The 3,252± SF triplex was built in 1988 and renovated in 2006, with three 2 bed/1 bath units.

The property sits on 2.62± acres and includes about 1± acre of developable land. The current site configuration presents options to expand with an additional multifamily or single-family building, or potentially subdivide into two lots.

The buildings are fully leased with low vacancy history and are located off Route 113 near downtown Tamworth, NH. An Offering Memorandum is available upon signing of an attached NDA.

Key Highlights

  • Two multifamily buildings totaling 4,612± SF with 5 combined units (duplex + triplex) on 2.62± acres
  • 1,360± SF duplex built in 1925 and renovated in 2023: one 2 bed/1 bath unit and one 1 bed/1 bath unit
  • 3,252± SF triplex built in 1988 and renovated in 2006: three 2 bed/1 bath units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Bakery Big Box & Wholesale Store

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

5
Residential units
100%
Occupancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby

Demographics for 03886, NH

1,977
Population
1,019
Households
1.9
Avg Household Size
50
Median Age
30%
College-Educated
98%
High-School Grad
34.4 sq mi
ZIP Area
57
Density / Sq Mi
$77,955
Median Household Income
$32,051
Median Earnings
$1,142
Median Rent
$360,900
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?
Duplex - Fully leased duplex and triplex offer two- and three-unit multifamily buildings on 2.62 acres.
Where is this duplex located?
The property is located at 503 Tamworth Rd Tamworth, NH.
What are key features of this property?
This property features: Two multifamily buildings totaling 4,612± SF with 5 combined units (duplex + triplex) on 2.62± acres; 1,360± SF duplex built in 1925 and renovated in 2023: one 2 bed/1 bath unit and one 1 bed/1 bath unit; 3,252± SF triplex built in 1988 and renovated in 2006: three 2 bed/1 bath units
More about this property
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