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4-Unit Multifamily Property
New
For Sale
Under Contract
$725,000

49 Sixth Street, Dover, NH 03820

Multi-Family, Dover, NH

Property Size2,900 SF
Lot Size0.09 Acres
Price / SF$250
Days on Market4

Property Features for 49 Sixth Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RM-U
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 6, Bedroom 7, Bedroom 1, Bedroom 5, Bedroom 8, Basement, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 3, Bathroom 3, Bedroom 2
Parking features Assigned, Off Street
Appliances Natural Gas Water Heater
Lot features City Lot, Landscaped, Level, Sidewalks, Street Lights, Near Shopping, Near Public Transport, Near Railroad, Near Hospital, Near School(s)
Elementary school Horne Street School
Middle school Dover Middle School
High school Dover High School
Elementary school district Dover
Middle school district Dover
High school district Dover
Directions From downtown Dover, follow Sixth Street toward 49 Sixth Street, Dover, NH 03820. The property is located along Sixth Street in a residential area. Use the address for GPS navigation to locate the property.
Standard status Active Under Contract
Size 2,900 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10334

Utilities

Utilities Cable Available
Heating system Hot Water(Heating), Baseboard, Natural Gas
Water source Public

Building Details

Year built 1880
Floors in Building 2
Number of units 4
Flooring type Carpet, Vinyl
Building materials Vinyl Siding
Roof type Shingle
Architectural style Other
Listing Agency: KW Coastal and Lakes & Mountains Realty/Dover · Keller Williams Realty
Listed By: Darlene Colwell-Ellis
Added: Oct 20 Changed: Oct 22 Last Checked: Oct 23 at 1:06PM
MLS# 5115152

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.

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Investment Insights

Based on property information with market context.

At 49 Sixth Street in Dover, this renovated 2,900-square-foot multifamily property contains four apartments across a mix of one-, two-, and three-bedroom floor plans. The 1880-built building has vinyl siding, carpet and vinyl flooring, and a shingle roof. Units A and B share the front entrance, while Units C and D use a rear entrance. The property also includes a side yard and a driveway leading to a separate parking area.

The 0.09-acre property is within walking distance of downtown Dover shops, restaurants, and local attractions. Public water, natural gas hot-water baseboard heating, and cable availability are among its listed features.

Key Highlights

  • Four apartments in a renovated 1880 building
  • 2,900 square feet on a 0.09‑acre lot
  • Apartment layouts range from one to three bedrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,439
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$588,780 $588.8K
Cap Rate 7%
$420,557 $420.6K
Cap Rate 9%
$327,100 $327.1K
Market Conditions
NOI Build-Up for 2,900 SF
Gross rent
$43.5K $15.00/SF
− Vacancy
−$1.4K −$0.50/SF
EGI
$42.1K $14.50/SF
− OpEx
−$12.6K −$4.35/SF
NOI
$29.4K $10.15/SF
Area
Strafford County, NH
Vacancy
3.32%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$588,780
Cap Rate 7%
$420,557
Cap Rate 9%
$327,100

Alternative Uses

Best Use
Multifamily LT 5
$420.6K
$368.0K – $490.7K (±1% cap)
NOI $29,439 @ 7.0% cap · market cap 4.06%
Second Best
Apartment 5plus
$387.9K
$339.4K – $452.5K (±1% cap)
NOI $27,151 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$775.8K
$678.9K – $905.2K (±1% cap)
NOI $54,309 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,196
Businesses Nearby

Demographics for 03820, NH

32,800
Population
15,460
Households
2.1
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
27.3 sq mi
ZIP Area
1,201
Density / Sq Mi
$92,793
Median Household Income
$53,890
Median Earnings
$1,540
Median Rent
$397,900
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

Frequently Asked Questions

What type of property is this?
Quadplex - Four apartments offer one-, two-, and three-bedroom layouts, with off-street parking and a side yard.
Where is this quadplex located?
The property is located at 49 Sixth Street Dover, NH.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Four apartments in a renovated 1880 building; 2,900 square feet on a 0.09‑acre lot; Apartment layouts range from one to three bedrooms
More about this property
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