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Riverfront Duplex Homes

34 & 30 River Street Exeter, NH 03833

New
34 & 30 River Street, Exeter, NH, 03833
$1,498,000
For Sale
Claim this Listing
$1,498,000

Two riverfront homes on one offering, set on a large level lot in a walkable Exeter neighborhood.

Property Size3,273 SF
Price / SF$457.68
AddedJul 13
Days on Market4
Last RefreshJul 16 at 2:20 am

Property Features for 34 & 30 River Street

General Information

Standard status
Active
Size
3,273 SF
Property subtype
Multi Family

Building Details

Year Built
1920

Listing office Duston Leddy Real Estate

Listing date Jul 13, 2026

Source Laerrealty

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 Duston Leddy Real Estate


Investment Insights

Based on property information with market context.

This offering includes two separate riverfront residences on one property. The primary home is a reimagined New Englander with four bedrooms and three bathrooms, featuring an open-concept main level with a chef’s kitchen equipped with Thermador appliances, custom cabinetry, soapstone countertops, and a large pantry. A sun-filled family room with a custom built-in banquette overlooks the backyard. Upstairs includes three bedrooms, an updated full bath, and laundry, while the third-floor primary suite offers reclaimed pine floors, a spa-inspired travertine bath, a walk-in closet, and extensive built-in storage.

A second residence provides a 2-bedroom, 1-bath layout and offers flexibility as a rental unit or additional private space. Both homes are situated on a large, level lot along a quiet dead-end street in one of Exeter’s most walkable neighborhoods, with downtown Exeter, local restaurants and shops, and Phillips Exeter Academy within a short walk.

Overall, the configuration supports owner-occupancy with rental income or multi-family living, with a level site and riverfront setting across two dwellings.

Key Highlights

  • Two riverfront homes on one offering on a large, level lot along a quiet dead‑end street in Exeter
  • Primary residence: reimagined New Englander with 4 bedrooms and 3 bathrooms
  • Chef’s kitchen in primary home with Thermador appliances, custom cabinetry, soapstone countertops, and large pantry

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 $82.5k $25.20
− Vacancy −$3.7k −$1.13
EGI $78.8k $24.07
− OpEx −$23.6k −$7.22
NOI $55.1k $16.85
3,273 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$787.7K
$689.2K – $919.0K (±1% cap)
NOI $55,138 @ 7.0% cap · market cap 3.68%
Second Best
Apartment 5plus
$709.5K
$620.8K – $827.8K (±1% cap)
NOI $49,667 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$1.09M
$953.5K – $1.27M (±1% cap)
NOI $76,277 @ 7.0% cap · market cap 5.09%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Parking Lot & Garage Storage Facility Garden Center Electrical Service (Bike/Boat/Book/etc) Store Plumbing Service Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two riverfront homes on one offering, set on a large level lot in a walkable Exeter neighborhood.
Where is this duplex located?
The property is located at 34 & 30 River Street Exeter, NH.
What is the asking price?
The asking price for this property is $1,498,000.
What are key features of this property?
This property features: Two riverfront homes on one offering on a large, level lot along a quiet dead‑end street in Exeter; Primary residence: reimagined New Englander with 4 bedrooms and 3 bathrooms; Chef’s kitchen in primary home with Thermador appliances, custom cabinetry, soapstone countertops, and large pantry
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