18 Morton Avenue, Rochester, NH 03867
MULTI_FAMILY - Other - Rochester, NH
- Added:
- Jun 11, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 11 at 10:06 pm
Property Features for 18 Morton Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 2, Bedroom 2, Basement, Bedroom 1, Bathroom 1
- Parking features
- Driveway
- Patio and Porch features
- Porch
- Exterior features
- Barn, Garden Space, Porch, Enclosed Porch, Storage
- Standard status
- Active
- Size
- 1,678 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4146
Utilities
- Utilities
- Cable Available
- Heating system
- Other (Heating), Oil
- Water source
- Public
Building Details
- Year built
- 1902
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Other
- Additional Structures
- Storage
Listing agent Emily Cantwell (603) 610-8500
Listing office KW Coastal and Lakes & Mountains Realty/Wolfeboro 136 South Main St., Portsmouth, NH (603) 610-8500
Listing date Jun 11, 2026
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.
HighLights
- Duplex built in 1902 with two units plus attached two‑story barn
- Upper unit: 2 bedrooms, 1 bathroom, and a porch area
- Lower unit: 1 bedroom, 1 bathroom, and a fully enclosed sunroom
- Recent exterior updates include newer siding and a newer shingle roof
- Outdoor space includes a yard with room for gardening and a porch
- Utilities include cable available; water source is public, with driveway parking
Overview
Situated on a quiet dead-end street, the home balances privacy with convenience. It is described as being just minutes from downtown Rochester’s shops, restaurants, and local amenities, making it workable for residents who want nearby services without being on a busy roadway.
For buyers, the layout supports flexible occupancy, including the option to live in one unit while renting the other. For tenants, the unit configurations offer distinct bedroom counts and enclosed seasonal space in the lower unit, and the attached barn adds on-site storage accessible to both households. With a yard and recent exterior updates, the property is positioned as a straightforward income-producing duplex option.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.2k | $15.00 |
| − Vacancy | −$836 | −$0.50 |
| EGI | $24.3k | $14.50 |
| − OpEx | −$7.3k | −$4.35 |
| NOI | $17.0k | $10.15 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Strafford
- State
- New Hampshire
- Longitude
- -70.968726
- Latitude
- 43.308578
