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Riverfront Duplex with Two Residences
For Sale
Under Contract
$1,448,000

34 & 30 River Street, Exeter, NH 03833

Multi-Family, Exeter, NH

Property Size3,565 SF
Lot Size0.35 Acres
Price / SF$406.17
Days on Market92

Property Features for 34 & 30 River Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-2
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Basement, Bathroom 4, Bathroom 2, Bedroom 5, Bedroom 6, Bedroom 1, Bathroom 3, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 2
Patio and Porch features Patio
Exterior features Garden Space, Outbuilding, Patio, Shed
Appliances On Demand Water Heater
Lot features In Town
Elementary school Lincoln Street Elementary
Middle school Cooperative Middle School
High school Exeter High School
Elementary school district Exeter School District SAU #16
Middle school district Exeter School District SAU #16
High school district Exeter School District SAU #16
Standard status Active Under Contract
Size 3,565 SF
Lot size 0.35 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 13802

Utilities

Utilities Cable Available
Heating system Natural Gas
Cooling system Central Air
Water source Public
Water front 1

Building Details

Year built 1920
Floors in Building 3
Number of units 2
Flooring type Softwood, Vinyl, Tile, Carpet, Hardwood
Building materials Wood Frame
Roof type Shingle
Architectural style Other
Additional Structures Outbuilding
Listing Agency: Duston Leddy Real Estate
Listed By: Carrie Barron
Added: Jul 11 Changed: Oct 8 Last Checked: Oct 10 at 4:06PM
MLS# 5099413

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.

Investment Insights

Based on property information with market context.

This R-2-zoned duplex includes two separate residences on a 0.35-acre level lot at 34 & 30 River Street. The primary home contains 4 bedrooms and 3 bathrooms, with an open main level, Thermador appliances, custom cabinetry, soapstone countertops, pantry space, family room, laundry, and a third-floor suite with seasonal river views. The second residence provides 2 bedrooms and 1 bathroom, offering additional living space or rental use.

The property encompasses 3,565 square feet and was built in 1920 with wood-frame construction. Exterior features include a patio, garden space, shed, and outbuilding. Natural gas heating, central air, public water, cable availability, and an on-demand water heater are included. The homes are situated along a quiet dead-end street within walking distance of downtown Exeter, restaurants, shops, and Phillips Exeter Academy.

Key Highlights

  • Two residences: a 4‑bedroom, 3‑bath home and a 2‑bedroom, 1‑bath home
  • 3,565 square feet on a 0.35‑acre lot
  • R‑2 zoning at 34 & 30 River Street, Exeter, NH 03833

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$60,057
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,201,140 $1.2M
Cap Rate 7%
$857,957 $858.0K
Cap Rate 9%
$667,300 $667.3K
Market Conditions
NOI Build-Up for 3,565 SF
Gross rent
$89.8K $25.20/SF
− Vacancy
−$4.0K −$1.13/SF
EGI
$85.8K $24.07/SF
− OpEx
−$25.7K −$7.22/SF
NOI
$60.1K $16.85/SF
Area
Rockingham County, NH
Vacancy
4.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,201,140
Cap Rate 7%
$857,957
Cap Rate 9%
$667,300

Alternative Uses

Best Use
Multifamily LT 5
$858.0K
$750.7K – $1.00M (±1% cap)
NOI $60,057 @ 7.0% cap · market cap 4.15%
Second Best
Apartment 5plus
$772.8K
$676.2K – $901.6K (±1% cap)
NOI $54,098 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$1.19M
$1.04M – $1.38M (±1% cap)
NOI $83,082 @ 7.0% cap · market cap 5.74%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Parking Lot & Garage Storage Facility 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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,204
Businesses Nearby

Demographics for 03833, NH

22,662
Population
9,789
Households
2.3
Avg Household Size
47
Median Age
54%
College-Educated
98%
High-School Grad
48.5 sq mi
ZIP Area
467
Density / Sq Mi
$110,566
Median Household Income
$59,220
Median Earnings
$1,632
Median Rent
$456,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Two separate homes support owner occupancy, rental income, guest use, or multigenerational living.
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 $1,448,000.
What are key features of this property?
This property features: Two residences: a 4‑bedroom, 3‑bath home and a 2‑bedroom, 1‑bath home; 3,565 square feet on a 0.35‑acre lot; R‑2 zoning at 34 & 30 River Street, Exeter, NH 03833
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