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Three-Unit Residential Income Property
For Sale
$929,000

330 Knox Marsh Road, Madbury, NH 03823

Three separate units with private entrances, full kitchens, and separate utilities, plus three garage bays and a heated detached cabin.

Property Size3,790 SF
Price / SF$245.12
Days on Market12

Property Features for 330 Knox Marsh Road

General Information

Standard status Active
Size 3,790 SF
Property subtype Multi Family Home

Building Details

Year Built 1880
Listing Agency: Kw Coastal And Lakes & Mountains Realty
Listed By: Tanya Cattabriga
Source: Threehillsres
Added: Jul 21 Changed: Jul 22 Last Checked: Aug 1 at 12:06PM

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 Kw Coastal And Lakes & Mountains Realty

Investment Insights

Based on property information with market context.

This exceptional three-unit residential income property offers three separate living units with a total of five bedrooms and three and a half bathrooms. Each unit includes its own full kitchen, private entrance, and separate utilities, supporting straightforward management for both investors and owner-occupants. The property also features three garage bays and a detached 320-square-foot heated cabin with heat and electricity.

Set in Madbury, NH, the home is located directly across from Kingman Farm’s 335 acres of conservation land with walking trails. The remarks also note a rural setting while remaining just minutes to UNH and major commuter routes, with proximity to downtown Dover and Portsmouth.

Additional on-site amenities mentioned include two pellet stoves and an on-demand generator. The property includes two large fenced pastures that may accommodate hobby farming or livestock such as horses, goats, sheep, or chickens, depending on use and approvals.

Key Highlights

  • 1880‑built three‑unit multi‑family with 5 bedrooms and 3.5 bathrooms total
  • Three separate units with private entrances, full kitchens, and separate utilities
  • Includes three garage bays and a detached 320 SF heated cabin with heat and electricity

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 $56.9k $15.00
− Vacancy −$1.9k −$0.50
EGI $55.0k $14.50
− OpEx −$16.5k −$4.35
NOI $38.5k $10.15
3,790 SF · lease $15.00/SF/yr · vacancy 3.32% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$549.6K
$480.9K – $641.2K (±1% cap)
NOI $38,474 @ 7.0% cap · market cap 4.14%
Second Best
Apartment 5plus
$506.9K
$443.6K – $591.4K (±1% cap)
NOI $35,484 @ 7.0% cap · market cap 3.82%
Theoretical Best
Office A
$1.01M
$887.2K – $1.18M (±1% cap)
NOI $70,976 @ 7.0% cap · market cap 7.64%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Electrical Service Big Box & Wholesale Store Garden Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

76
Businesses Nearby

Demographics for 03823, NH

1,928
Population
751
Households
2.6
Avg Household Size
42
Median Age
55%
College-Educated
97%
High-School Grad
11.6 sq mi
ZIP Area
166
Density / Sq Mi
$144,635
Median Household Income
$65,221
Median Earnings
$1,549
Median Rent
$459,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three separate units with private entrances, full kitchens, and separate utilities, plus three garage bays and a heated detached cabin.
Where is this triplex located?
The property is located at 330 Knox Marsh Road Madbury, NH.
What is the asking price?
The asking price for this property is $929,000.
What are key features of this property?
This property features: 1880‑built three‑unit multi‑family with 5 bedrooms and 3.5 bathrooms total; Three separate units with private entrances, full kitchens, and separate utilities; Includes three garage bays and a detached 320 SF heated cabin with heat and electricity
More about this property
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