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Three-Unit Multifamily Property
For Sale
$580,000

36 Spring Street, Newport, NH 03773

Multi-Family, Newport, NH

Property Size3,534 SF
Lot Size0.71 Acres
Price / SF$164.12
Days on Market243

Property Features for 36 Spring Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning B2 H
Bedrooms 7
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 3, Bedroom 5, Bathroom 4, Bathroom 2, Bathroom 5, Bedroom 2, Bedroom 4, Basement, Bedroom 7, Bedroom 6
Lot features In Town, Near Shopping
Elementary school Richards Elementary School
Middle school Newport Middle and High School
High school Newport Middle High School
Standard status Active
Size 3,534 SF
Lot size 0.71 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 8747

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Baseboard
Water source Public

Building Details

Year built 1945
Floors in Building 3
Number of units 3
Flooring type Hardwood, Laminate, Carpet
Building materials Wood Frame
Architectural style Other
Listing Agency: C.G. Shepherd Realty, LLC
Listed By: Nicholas Shepherd
Added: Jan 4 Changed: Sep 1 Last Checked: Sep 4 at 5:06PM
MLS# 5073010

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 three-unit multifamily property contains 3,534 square feet on a 0.71-acre parcel. The building dates to 1945 and uses wood-frame construction, with hardwood, laminate, and carpet flooring throughout. The seven-bedroom configuration includes a four-bedroom unit with an updated kitchen and modern finishes, along with multiple bathrooms and a basement.

The property is located at 36 Spring Street in Newport, New Hampshire, within the 03773 ZIP code. B2 H zoning is reported, with public water and public sewer serving the property. Cable service is available, and baseboard heating is installed.

Key Highlights

  • Three‑unit property with 7 bedrooms and 3,534 square feet
  • 0.71‑acre lot at 36 Spring Street, Newport, NH 03773
  • Four‑bedroom unit includes an updated kitchen and modern finishes

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Big Box & Wholesale Store Auto Repair Shop Food Market

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

337
Businesses Nearby

Demographics for 03773, NH

7,801
Population
3,865
Households
2
Avg Household Size
46
Median Age
30%
College-Educated
93%
High-School Grad
94.2 sq mi
ZIP Area
83
Density / Sq Mi
$78,073
Median Household Income
$44,167
Median Earnings
$1,238
Median Rent
$210,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Multifamily property with separate living arrangements, public utilities, and an updated kitchen in the largest unit.
Where is this triplex located?
The property is located at 36 Spring Street Newport, NH.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: Three‑unit property with 7 bedrooms and 3,534 square feet; 0.71‑acre lot at 36 Spring Street, Newport, NH 03773; Four‑bedroom unit includes an updated kitchen and modern finishes
More about this property
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