Duplex with Separate
170 Oakland Avenue, Manchester, NH 03109
For Sale
$555,000
Multi-Family, Manchester, NH
Property Size1,824 SF
Lot Size0.04 Acres
Price / SF$304.28
Days on Market51
Property Features for 170 Oakland Avenue
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Lot features
Directions
Standard status
Size
Lot size
Additional Details
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Heating system
Water source
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Architectural style
Listing Agency:
Realty One Group Next Level
(603) 262-3500
Listed By:
Ryan Kalantzis
(603) 389-6604
Added: Sep 25
Changed: Nov 9
Last Checked: Nov 14 at 1:06AM
MLS# 5111493
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.
This 1,824-square-foot duplex contains two residences on a 0.04-acre corner lot. The upper apartment occupies two floors and has three or more bedrooms and two bathrooms; its upper level can function as a primary suite. The first-floor apartment offers two bedrooms and a fully renovated bathroom. Utilities are separately metered for the units.
Built in 1911, the property has a shingle roof, wood-frame construction, and public water. It is zoned R.
Built in 1911, the property has a shingle roof, wood-frame construction, and public water. It is zoned R.
Key Highlights
- Two residences with separate utilities
- Upper unit spans two floors, with 3+ bedrooms and 2 bathrooms
- First‑floor unit has 2 bedrooms and a fully renovated bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,614
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$492,280
$492.3K
Cap Rate 7%
$351,629
$351.6K
Cap Rate 9%
$273,489
$273.5K
Market Conditions
NOI Build-Up for 1,824 SF
Gross rent
$37.2K $20.40/SF
− Vacancy
−$2.0K −$1.12/SF
EGI
$35.2K $19.28/SF
− OpEx
−$10.5K −$5.78/SF
NOI
$24.6K $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%
$492,280
Cap Rate 7%
$351,629
Cap Rate 9%
$273,489
Alternative Uses
Best Use
Multifamily LT 5
$351.6K
$307.7K – $410.2K
NOI $24,614 @ 7.0% cap · market cap 4.43%
Second Best
Apartment 5plus
$327.4K
$286.5K – $382.0K
NOI $22,921 @ 7.0% cap · market cap 4.13%
Theoretical Best
Specialty Retail
$447.9K
$391.9K – $522.6K
NOI $31,355 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,294
Businesses Nearby
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Business Placement
Demographics for 03109, NH
10,580
Population
4,250
Households
2.5
Avg Household Size
42
Median Age
34%
College-Educated
97%
High-School Grad
7.2 sq mi
ZIP Area
1,469
Density / Sq Mi
$108,060
Median Household Income
$56,189
Median Earnings
$1,834
Median Rent
$350,000
Median Home Value
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Market
Average Price Trend$/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 - Separate utility service supports each residence in this two-unit property.
Where is this duplex located?
The property is located at 170 Oakland Avenue Manchester, NH.
What is the asking price?
The asking price for this property is $555,000.
What are key features of this property?
This property features: Two residences with separate utilities; Upper unit spans two floors, with 3+ bedrooms and 2 bathrooms; First‑floor unit has 2 bedrooms and a fully renovated bathroom
