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Duplex with Separate Utilities
For Sale
$395,000

40 Myrtle St, Keene, NH 03431

Two residential units provide spacious layouts, private utility metering, laundry hookups, yard space, and off-street parking.

Property Size2,425 SF
Price / SF$162.89
Days on Market48

Property Features for 40 Myrtle St

General Information

Standard status Active
Size 2,425 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence ready for cosmetic updates

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 2 x 4BR/2BA
Multifamily Units 2

Amenities

in-unit washer and dryer hookups
off-street parking
yard space

Building Details

Year Built 1870
Listing Agency: BHG Masiello Keene
Listed By: Isabella S Luhrs
Source: Seevermonthomesforsale
Added: Jul 14 Changed: Aug 27 Last Checked: Aug 29 at 10:30AM

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 BHG Masiello Keene

Investment Insights

Based on property information with market context.

This duplex at 40 Myrtle St. contains 2,425 square feet across two residential units. Each residence includes four bedrooms, two full bathrooms, two levels of living space, and washer and dryer hookups. The property combines a home originally constructed in 1870 and a second residence added in 2011; the older unit was also renovated in 2011. Separate electric, heating, and water utilities serve each unit, while town water and sewer support the property. Vinyl siding, yard space, and off-street parking complete the exterior features.

Unit 1 is leased through December 31, 2026, and Unit 2 is leased through September 15, 2026. Tenants pay their own utilities. Unit 2 has a three-year-old tankless heating system, and the property includes two 110-amp electrical panels. The address is near Keene State College, downtown Keene, shopping, restaurants, the bike path, and major highways. Showings require 48-hour notice because the property is tenant occupied.

Key Highlights

  • Two‑unit duplex with 8 bedrooms and 4 full bathrooms
  • 2,425 square feet with two‑level layouts in both residences
  • Separate electric, heating, and water utilities for each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Garden Center Locksmith Catering Service Tanning Salon (Bike/Boat/Book/etc) Store HVAC Service

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
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,631
Businesses Nearby

Demographics for 03431, NH

24,978
Population
11,168
Households
2.2
Avg Household Size
39
Median Age
41%
College-Educated
94%
High-School Grad
60.0 sq mi
ZIP Area
416
Density / Sq Mi
$78,196
Median Household Income
$40,456
Median Earnings
$1,279
Median Rent
$233,900
Median Home Value

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 residential units provide spacious layouts, private utility metering, laundry hookups, yard space, and off-street parking.
Where is this duplex located?
The property is located at 40 Myrtle St Keene, NH.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Two‑unit duplex with 8 bedrooms and 4 full bathrooms; 2,425 square feet with two‑level layouts in both residences; Separate electric, heating, and water utilities for each unit
More about this property
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