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Duplex with Separate Entrances
New
For Sale
$530,000

18 Maple Street, Dover, NH 03820

Separate utilities and private entrances serve two distinct units, each with its own laundry setup.

Property Size1,727 SF
Price / SF$306.89
Days on Market7

Property Features for 18 Maple Street

General Information

Standard status Active
Size 1,727 SF
Property subtype Multi-family
Lease Term []

Additional Details

Multifamily Units 2

Amenities

washer/dryer
off-street parking

Building Details

Year Built 1880
Buildings 1
Listing Agency: Imperial Properties
Listed By: Lia Damm-Dennehy
Source: Lakesregionrealestate
Added: Sep 30 Changed: Oct 4 Last Checked: Oct 5 at 8:21PM

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 Imperial Properties

Investment Insights

Based on property information with market context.

Built in 1880, this 1,727-square-foot duplex contains two residences with separate entrances and utilities. The first-floor unit has a garden-style layout, private basement storage, and washer and dryer. Upstairs, the townhouse-style unit includes two bedrooms, a 12'7" x 13'10" bonus room, and its own laundry. Both units have new water heaters.

Capital improvements include heating systems installed in 2018 and 2026, a roof replacement and chimney rebuild with a new liner in 2023, and a new oil tank for Unit B in 2023. The driveway was paved and sealed in 2023. The property also offers off-street parking and is within walking distance of downtown Dover shops, restaurants, and entertainment, with major travel routes nearby.

Key Highlights

  • Two‑family duplex with separate entrances and utilities
  • 1,727 square feet; built in 1880
  • First‑floor garden‑style unit has private basement storage and laundry

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,531
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$350,620 $350.6K
Cap Rate 7%
$250,443 $250.4K
Cap Rate 9%
$194,789 $194.8K
Market Conditions
NOI Build-Up for 1,727 SF
Gross rent
$25.9K $15.00/SF
− Vacancy
−$860 −$0.50/SF
EGI
$25.0K $14.50/SF
− OpEx
−$7.5K −$4.35/SF
NOI
$17.5K $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%
$350,620
Cap Rate 7%
$250,443
Cap Rate 9%
$194,789

Alternative Uses

Best Use
Multifamily LT 5
$250.4K
$219.1K – $292.2K (±1% cap)
NOI $17,531 @ 7.0% cap · market cap 3.31%
Second Best
Apartment 5plus
$231.0K
$202.1K – $269.5K (±1% cap)
NOI $16,169 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$462.0K
$404.3K – $539.0K (±1% cap)
NOI $32,342 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Daycare Center Locksmith Storage Facility Home Appliance Store (Bike/Boat/Book/etc) Store Garden Center

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,208
Businesses Nearby

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

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 - Separate utilities and private entrances serve two distinct units, each with its own laundry setup.
Where is this duplex located?
The property is located at 18 Maple Street Dover, NH.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Two‑family duplex with separate entrances and utilities; 1,727 square feet; built in 1880; First‑floor garden‑style unit has private basement storage and laundry
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