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Renovated Duplex with Expansion Area
For Sale
$475,000

20 Wallace Ct, Laconia, NH 03246

Fully renovated two-unit duplex offering two 3-bedroom, 1-bath residences with parking and an additional expansion area.

Days on Market8

Property Features for 20 Wallace Ct

General Information

Standard status Active
Property subtype Investment
Zoning Urban Commercial

Additional Details

Utilities to Site Yes
Multifamily Units 2

Building Details

Year Built 1930
Tenancy Multi
Listing Agency: keller williams coastal realty
Listed By: Adam Dow
Source: Elliman
Added: Jul 24 Changed: Jul 25 Last Checked: Jul 30 at 8:32AM

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 keller williams coastal realty

Investment Insights

Based on property information with market context.

This fully revitalized duplex includes two separate units, each configured with three bedrooms and one bathroom. The property was gutted and fully renovated a few years ago, combining updated interior finishes with original 1930s character. Public water and sewer are in place, along with 100-amp electric service and gas heating for efficient everyday use. Parking is available on site, and there is extra area that could potentially support a second duplex.

Located in Laconia’s Urban Commercial zone, the property places you within walking distance of Lake Opechee, the WOW Trail, and downtown attractions.

Ideal for an owner-occupant or an investor, this two-unit property is offered for sale with a recent renovation and an onsite footprint that may allow for additional residential development.

Key Highlights

  • Fully revitalized 2‑unit duplex built in 1930 in Laconia’s Urban Commercial zone
  • Each unit features 3 bedrooms and 1 bath
  • Recently gutted and fully renovated, blending modern updates with 1930s character

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Kitchen & Bath Showroom Food Market (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
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

992
Businesses Nearby

Demographics for 03246, NH

16,905
Population
10,426
Households
1.6
Avg Household Size
47
Median Age
25%
College-Educated
93%
High-School Grad
19.9 sq mi
ZIP Area
849
Density / Sq Mi
$68,407
Median Household Income
$40,504
Median Earnings
$1,180
Median Rent
$307,800
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 renovated two-unit duplex offering two 3-bedroom, 1-bath residences with parking and an additional expansion area.
Where is this duplex located?
The property is located at 20 Wallace Ct Laconia, NH.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Fully revitalized 2‑unit duplex built in 1930 in Laconia’s Urban Commercial zone; Each unit features 3 bedrooms and 1 bath; Recently gutted and fully renovated, blending modern updates with 1930s character
More about this property
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