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Two-Family Duplex with Basement
For Sale
Under Contract
$510,000

440 Gold Street, Manchester, NH 03103

Multi-Family, Manchester, NH

Property Size1,432 SF
Lot Size0.23 Acres
Price / SF$356.15
Days on Market121

Property Features for 440 Gold Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Rooms Basement
Lot features Near Shopping
Standard status Active Under Contract
Size 1,432 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 6201

Utilities

Utilities Cable Available
Heating system Natural Gas
Water source Public

Building Details

Year built 1945
Floors in Building 2
Number of units 2
Building materials Vinyl Siding
Roof type Shingle
Architectural style Other
Listing Agency: Keller Williams Realty-Metropolitan
Listed By: Michael Caouette
Added: Jun 8 Changed: Oct 2 Last Checked: Oct 6 at 1:06AM
MLS# 5093388

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.

Located at 440 Gold Street in Manchester, this two-family duplex offers 1,432 square feet on a 0.23-acre residentially zoned lot. One unit is available for owner occupancy while the second provides rental income potential, giving the property a flexible configuration for a household or investor. A basement adds functional storage or utility space, and the building dates to 1945.

The property has vinyl siding, a shingle roof, natural gas heating, public water, and cable availability. Its Manchester setting provides access to major highways, shopping, dining, schools, and downtown amenities, as identified in the property information. The two-unit layout and existing residential infrastructure create a practical foundation for continued use as a multifamily property.

Key Highlights

  • Two‑family duplex with 1,432 square feet of property size
  • 0.23‑acre lot in Manchester, NH
  • Residential zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,324
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$386,480 $386.5K
Cap Rate 7%
$276,057 $276.1K
Cap Rate 9%
$214,711 $214.7K
Market Conditions
NOI Build-Up for 1,432 SF
Gross rent
$29.2K $20.40/SF
− Vacancy
−$1.6K −$1.12/SF
EGI
$27.6K $19.28/SF
− OpEx
−$8.3K −$5.78/SF
NOI
$19.3K $13.49/SF
Area
Manchester, NH
Vacancy
5.50%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$386,480
Cap Rate 7%
$276,057
Cap Rate 9%
$214,711

Alternative Uses

Best Use
Multifamily LT 5
$276.1K
$241.6K – $322.1K (±1% cap)
NOI $19,324 @ 7.0% cap · market cap 3.79%
Second Best
Apartment 5plus
$257.1K
$224.9K – $299.9K (±1% cap)
NOI $17,995 @ 7.0% cap · market cap 3.53%
Theoretical Best
Specialty Retail
$351.7K
$307.7K – $410.3K (±1% cap)
NOI $24,616 @ 7.0% cap · market cap 4.83%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Barber Shop Parking Lot & Garage Catering Service 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
Highway access

Location Intelligence

Trade Area within ½ mile

374
Businesses Nearby

Demographics for 03103, NH

38,039
Population
16,166
Households
2.4
Avg Household Size
36
Median Age
24%
College-Educated
82%
High-School Grad
9.2 sq mi
ZIP Area
4,135
Density / Sq Mi
$70,049
Median Household Income
$41,243
Median Earnings
$1,322
Median Rent
$313,500
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Residential zoning and two living units support owner occupancy, rental income, or multigenerational use.
Where is this duplex located?
The property is located at 440 Gold Street Manchester, NH.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Two‑family duplex with 1,432 square feet of property size; 0.23‑acre lot in Manchester, NH; Residential zoning
More about this property
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