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Two-Family Duplex with Period Details
For Sale
$475,000

498 Merrimack St, Manchester, NH 03103

Both residences have separate utilities, laundry hookups, and 2–3 bedrooms, with three off-street parking spaces.

Property SizeContact for details
Days on Market8

Property Features for 498 Merrimack St

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Investment

Site & Location

Road Access Yes
Utilities to Site Yes

Additional Details

Multifamily Units 2

Building Details

Year Built 1900
Buildings 1
Units 2
Listing Agency: Keller Williams Realty Metropolitan
Listed By: Gregory McCarthy
Source: Elliman
Added: Sep 29 Changed: Sep 30 Last Checked: Oct 5 at 5:31PM

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 Keller Williams Realty Metropolitan

Investment Insights

Based on property information with market context.

This Manchester duplex dates to 1900 and contains two residences, each with 2–3 bedrooms. Interior details include hardwood flooring, French doors, decorative molding, and original trim. Both units have washer and dryer hookups in the lower level, while separate utilities serve the residences. Heating is provided by a mix of natural gas and oil-fired systems. Three off-street parking spaces are arranged in tandem, and the owner will provide a new Certificate of Compliance by closing.

The property occupies the corner of Merrimack Street and Beacon Street in Manchester. Views extend west toward the Uncanoonuc Mountains and Downtown Manchester. The second-floor residence is vacant; the first-floor tenant is expected to leave in mid-October.

Key Highlights

  • Two‑family property with 2–3 bedrooms in each unit
  • Built in 1900; French doors, hardwood floors, detailed molding, and original trim
  • Separate utilities and washer/dryer hookups for both units

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Garden Center Storage Facility HVAC Service Catering Service Cafe & Coffee Shop Florist

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,473
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
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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 - Both residences have separate utilities, laundry hookups, and 2–3 bedrooms, with three off-street parking spaces.
Where is this duplex located?
The property is located at 498 Merrimack St Manchester, NH.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two‑family property with 2–3 bedrooms in each unit; Built in 1900; French doors, hardwood floors, detailed molding, and original trim; Separate utilities and washer/dryer hookups for both units
More about this property
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