Duplex with Separate One-Bedroom
New
For Sale
$699,000
50-52 Fisher Street, Dover, NH 03820
Multi-Family, Dover, NH
Property Size3,450 SF
Lot Size0.36 Acres
Price / SF$202.61
Days on Market1
Property Features for 50-52 Fisher Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
HR
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 1, Basement, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 5
Parking features
Garage, Off Street, Driveway, Open
Exterior features
Partial Fence, Garden Space
Fencing
Partial
Appliances
Electric Water Heater
Lot features
Level, Open, Sloping, Trail/ Near Trail, In Town, Near Paths, Near Shopping, Neighborhood, Near Public Transport, Near Hospital, Near School(s)
Elementary school
Woodman Park Elementary School
Elementary school district
Dover School District SAU #11
Middle school district
Dover School District SAU #11
High school district
Dover School District SAU #11
Directions
From downtown Dover, take Central Avenue to Washington Street. Follow Washington Street to Fisher Street. Property is located at 50-52 Fisher Street.
Standard status
Active
Size
3,450 SF
Lot size
0.36 Acres
Taxes and HOA fees
Tax Year
2027
Tax Annual Amount
12662
Utilities
Utilities
Cable Available
Heating system
Steam, Hot Water(Heating)
Cooling system
Zoned, Ductless
Water source
Public
Building Details
Year built
1840
Floors in Building
3
Number of units
2
Flooring type
Tile, Wood
Building materials
Wood Siding
Roof type
Shingle
Architectural style
Other
Listing Agency:
KW Coastal and Lakes & Mountains Realty · Keller Williams Realty
(603) 610-8500
Listed By:
Alicia Goodwin
(603) 957-8466
Added: Oct 14
Last Checked: Oct 14 at 7:06PM
MLS# 5114263
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 Dover duplex pairs an 1840-built main residence with a separate one-bedroom apartment, which has its own entrance and parking. The 3,450-square-foot property sits on 0.36 acres and retains wood floors, exposed beams, and original doors and hardware. Updates include a kitchen with cherry cabinetry, stainless steel appliances, and honed granite countertops, as well as a first-floor bathroom and a spacious addition. The finished third floor includes skylights; a full unfinished basement offers storage and workshop space. A one-car garage, ductless cooling, and steam and hot-water heating are also present.
Garden space and a partially fenced backyard provide outdoor features. The property is steps from the Dover Community Trail and nearby schools, with downtown Dover restaurants, shops, and amenities close by.
Garden space and a partially fenced backyard provide outdoor features. The property is steps from the Dover Community Trail and nearby schools, with downtown Dover restaurants, shops, and amenities close by.
Key Highlights
- Separate one‑bedroom apartment with private entrance and parking
- 3,450 square feet on a 0.36‑acre lot
- Built in 1840 with original doors and hardware, exposed beams, and wood floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,022
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$700,440
$700.4K
Cap Rate 7%
$500,314
$500.3K
Cap Rate 9%
$389,133
$389.1K
Market Conditions
NOI Build-Up for 3,450 SF
Gross rent
$51.8K $15.00/SF
− Vacancy
−$1.7K −$0.50/SF
EGI
$50.0K $14.50/SF
− OpEx
−$15.0K −$4.35/SF
NOI
$35.0K $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%
$700,440
Cap Rate 7%
$500,314
Cap Rate 9%
$389,133
Alternative Uses
Best Use
Multifamily LT 5
$500.3K
$437.8K – $583.7K
NOI $35,022 @ 7.0% cap · market cap 5.01%
Second Best
Apartment 5plus
$461.4K
$403.8K – $538.3K
NOI $32,300 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$923.0K
$807.6K – $1.08M
NOI $64,609 @ 7.0% cap · market cap 9.24%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
872
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Historic architectural details, a renovated main residence, and a private-entry apartment support flexible living arrangements.
Where is this duplex located?
The property is located at 50-52 Fisher Street Dover, NH.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Separate one‑bedroom apartment with private entrance and parking; 3,450 square feet on a 0.36‑acre lot; Built in 1840 with original doors and hardware, exposed beams, and wood floors
