Duplex With Spacious
For Sale
$399,900
545 White Mountain Highway, Milton, NH 03851
Multi-Family, Milton, NH
Property Size2,387 SF
Lot Size0.20 Acres
Price / SF$167.53
Days on Market182
Property Features for 545 White Mountain Highway
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
High Density Residential
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 4
Appliances
Electric Water Heater
Lot features
Level
Standard status
Active
Size
2,387 SF
Lot size
0.20 Acres
Utilities
Utilities
Cable Available
Heating system
Propane (Heating), Hot Water(Heating), Forced Air
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Building materials
Wood Frame, Wood Exterior
Architectural style
Other
Listing Agency:
RE/MAX Shoreline · RE/MAX International
Listed By:
Andy Yau
(603) 431-1111
Added: Apr 21
Changed: Oct 17
Last Checked: Oct 19 at 4:06PM
MLS# 5084496
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.
This 2,387-square-foot duplex was built in 1900 and includes two residential units with separate utilities. Interior details include tray ceilings, hardwood floors, tiled bathrooms, and multiple bedrooms and bathrooms. The property uses propane heating with forced-air and hot-water systems, while public water serves the building.
Set on 0.2 acres at 545 White Mountain Highway in Milton, the property is zoned High Density Residential and offers cable availability. Its downtown setting places the building across from Milton 3 Ponds, with fishing, swimming, and boating accessible on foot. Schools, convenience stores, town hall, the seacoast, lakes, mountains, and Route 16 are described as minutes away.
Set on 0.2 acres at 545 White Mountain Highway in Milton, the property is zoned High Density Residential and offers cable availability. Its downtown setting places the building across from Milton 3 Ponds, with fishing, swimming, and boating accessible on foot. Schools, convenience stores, town hall, the seacoast, lakes, mountains, and Route 16 are described as minutes away.
Key Highlights
- 2,387 square feet on a 0.2‑acre lot
- Duplex configuration with separate utilities
- 11.8% current cap rate
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,231
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$484,620
$484.6K
Cap Rate 7%
$346,157
$346.2K
Cap Rate 9%
$269,233
$269.2K
Market Conditions
NOI Build-Up for 2,387 SF
Gross rent
$35.8K $15.00/SF
− Vacancy
−$1.2K −$0.50/SF
EGI
$34.6K $14.50/SF
− OpEx
−$10.4K −$4.35/SF
NOI
$24.2K $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%
$484,620
Cap Rate 7%
$346,157
Cap Rate 9%
$269,233
Alternative Uses
Best Use
Multifamily LT 5
$346.2K
$302.9K – $403.9K
NOI $24,231 @ 7.0% cap · market cap 6.06%
Second Best
Apartment 5plus
$319.3K
$279.4K – $372.5K
NOI $22,348 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$638.6K
$558.8K – $745.0K
NOI $44,702 @ 7.0% cap · market cap 11.18%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
Explore this area
Business Placement
Demographics for 03851, NH
3,891
Population
1,785
Households
2.2
Avg Household Size
47
Median Age
17%
College-Educated
91%
High-School Grad
26.3 sq mi
ZIP Area
148
Density / Sq Mi
$98,750
Median Household Income
$49,178
Median Earnings
$1,503
Median Rent
$282,500
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
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units feature separate utilities, hardwood flooring, tiled bathrooms, and generous room layouts.
Where is this duplex located?
The property is located at 545 White Mountain Highway Milton, NH.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 2,387 square feet on a 0.2‑acre lot; Duplex configuration with separate utilities; 11.8% current cap rate
