Duplex with Two-Car
160 S Elm Street, Manchester, NH 03103
For Sale
New
$865,000
Multi-Family, Manchester, NH
Property Size3,876 SF
Lot Size0.29 Acres
Price / SF$223.17
Days on Market1
Property Features for 160 S Elm Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Exterior features
Fireplace
Appliances
Lot features
Directions
Standard status
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Heating system
Cooling system
Water source
Amenities
central air conditioning
natural gas fireplace
hardwood flooring
farmer's porch
decks
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
RE/MAX Area Real Estate Network LTD · RE/MAX International
Listed By:
Chau Kelley · License NH #50822
(603) 626-5000
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 5117912
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.
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Investment Insights
Based on property information with market context.
Built in 2005, this two-unit residential property contains 3,876 square feet on a 0.29-acre lot. Each unit has three bedrooms, 2.5 bathrooms, central air conditioning, a natural gas fireplace, hardwood flooring, and a two-car garage. A front porch spans the building, with a separate deck for each residence. Unit A includes a finished lower level; both units have insulated, wired unfinished attics. Public water and sewer serve the property, and natural gas is available. The roof is one year old, and the Certificate of Occupancy is valid through August 2029.
Key Highlights
- Two‑unit property with 3,876 square feet on 0.29 acres
- Each unit has 3 bedrooms, 2.5 bathrooms, and a two‑car garage
- Central air conditioning and a natural gas fireplace in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,305
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,046,100
$1.0M
Cap Rate 7%
$747,214
$747.2K
Cap Rate 9%
$581,167
$581.2K
Market Conditions
NOI Build-Up for 3,876 SF
Gross rent
$79.1K $20.40/SF
− Vacancy
−$4.3K −$1.12/SF
EGI
$74.7K $19.28/SF
− OpEx
−$22.4K −$5.78/SF
NOI
$52.3K $13.49/SF
Area
Manchester, NH
Vacancy
5.50%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,046,100
Cap Rate 7%
$747,214
Cap Rate 9%
$581,167
Alternative Uses
Best Use
Multifamily LT 5
$747.2K
$653.8K – $871.8K
NOI $52,305 @ 7.0% cap · market cap 6.05%
Second Best
Apartment 5plus
$695.8K
$608.8K – $811.8K
NOI $48,707 @ 7.0% cap · market cap 5.63%
Theoretical Best
Specialty Retail
$951.8K
$832.9K – $1.11M
NOI $66,628 @ 7.0% cap · market cap 7.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
920
Businesses Nearby
Explore this area
Business Placement
Demographics for 03103, NH
38,039
Population
16,166
Households
2.4
Avg Household Size
36
Median Age
24%
College-Educated
82%
High-School Grad
9.2 sq mi
ZIP Area
4,135
Density / Sq Mi
$70,049
Median Household Income
$41,243
Median Earnings
$1,322
Median Rent
$313,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Manchester, NH
Properties on Market for Duplexes in Manchester
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has central air conditioning, a natural gas fireplace, hardwood floors, and a private deck.
Where is this duplex located?
The property is located at 160 S Elm Street Manchester, NH.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: Two‑unit property with 3,876 square feet on 0.29 acres; Each unit has 3 bedrooms, 2.5 bathrooms, and a two‑car garage; Central air conditioning and a natural gas fireplace in each unit
