Three-Unit Multifamily with Detached
211 Ash Street, Manchester, NH 03104
For Sale
New
$735,000
Multi-Family, Manchester, NH
Property Size3,169 SF
Lot Size0.14 Acres
Price / SF$231.93
Days on Market5
Property Features for 211 Ash Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
Keller Williams Realty-Metropolitan
(603) 232-8282
Listed By:
Michael Caouette · License NH #054793
(603) 836-2654
Added: Nov 10
Changed: Nov 11
Last Checked: Nov 13 at 11:06PM
MLS# 5117436
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 Manchester multifamily property comprises a two-unit main building and a detached one-bedroom residence. The detached unit is vacant. The combined property contains 3,169 square feet on a 0.14-acre lot, with a three-car carport and a one-car garage. Built in 1890, the buildings have wood-frame construction and shingle roofing. Heating includes hot water, ductless systems, and natural gas; ductless cooling is also available. The property has public water and cable availability.
Key Highlights
- Two‑unit main building plus detached one‑bedroom unit
- Detached residence is vacant
- 3,169 square feet on a 0.14‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,823
Cap Rate
5.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$796,460
$796.5K
Cap Rate 7%
$568,900
$568.9K
Cap Rate 9%
$442,478
$442.5K
Market Conditions
NOI Build-Up for 3,169 SF
Gross rent
$76.1K $24.00/SF
− Vacancy
−$3.7K −$1.15/SF
EGI
$72.4K $22.85/SF
− OpEx
−$32.6K −$10.28/SF
NOI
$39.8K $12.57/SF
Area
Manchester, NH
Vacancy
4.80%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$796,460
Cap Rate 7%
$568,900
Cap Rate 9%
$442,478
Alternative Uses
Best Use
Apartment 5plus
$568.9K
$497.8K – $663.7K
NOI $39,823 @ 7.0% cap · market cap 5.42%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$778.2K
$680.9K – $907.9K
NOI $54,475 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,616
Businesses Nearby
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Business Placement
Demographics for 03104, NH
34,324
Population
15,715
Households
2.2
Avg Household Size
38
Median Age
43%
College-Educated
94%
High-School Grad
8.3 sq mi
ZIP Area
4,135
Density / Sq Mi
$84,513
Median Household Income
$48,513
Median Earnings
$1,455
Median Rent
$364,200
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in Manchester, NH
Properties on Market for Multifamily properties in Manchester
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - A separate one-bedroom residence is vacant, alongside a two-unit main building.
Where is this multifamily property located?
The property is located at 211 Ash Street Manchester, NH.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: Two‑unit main building plus detached one‑bedroom unit; Detached residence is vacant; 3,169 square feet on a 0.14‑acre lot
