Two-Unit Duplex with Separate
61 Middle Road, Tuftonboro, NH 03816
For Sale
New
$499,000
Multi-Family, Tuftonboro, NH
Property Size1,844 SF
Lot Size4.00 Acres
Price / SF$270.61
Days on Market3
Property Features for 61 Middle Road
General Information
Property type
Property subtype
Zoning
Zoning description
Rooms
Patio and Porch features
Exterior features
Appliances
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
Size
Lot size
Additional Details
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Heating system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
Maxfield Real Estate/Wolfeboro
Listed By:
Kristina Maus
(603) 569-3128
Added: Nov 11
Last Checked: Nov 13 at 11:06PM
MLS# 5117579
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 1,844-square-foot duplex contains two vacant apartments: one with two bedrooms and one with a single bedroom. The two-bedroom unit has been updated; new windows are on order for the one-bedroom unit. Each apartment has its own electric meter, water heater, propane furnace, and washer/dryer hookup. The property also includes a patio, garden space, and well water. Built in 1807, the wood-frame building sits on 4 acres in Tuftonboro and is zoned LDR-LO.
Key Highlights
- Two‑unit duplex with a two‑bedroom apartment and a one‑bedroom apartment
- Each apartment has its own electric meter, water heater, propane furnace, and washer/dryer hookup
- 1,844‑square‑foot building on 4 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,449
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,980
$429.0K
Cap Rate 7%
$306,414
$306.4K
Cap Rate 9%
$238,322
$238.3K
Market Conditions
NOI Build-Up for 1,844 SF
Gross rent
$32.1K $17.40/SF
− Vacancy
−$1.4K −$0.78/SF
EGI
$30.6K $16.62/SF
− OpEx
−$9.2K −$4.99/SF
NOI
$21.4K $11.63/SF
Area
Carroll County, NH
Vacancy
4.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,980
Cap Rate 7%
$306,414
Cap Rate 9%
$238,322
Alternative Uses
Best Use
Multifamily LT 5
$306.4K
$268.1K – $357.5K
NOI $21,449 @ 7.0% cap · market cap 4.30%
Second Best
Apartment 5plus
$271.1K
$237.2K – $316.3K
NOI $18,977 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$460.4K
$402.9K – $537.2K
NOI $32,231 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
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Business Placement
Demographics for 03816, NH
1,304
Population
855
Households
1.5
Avg Household Size
54
Median Age
39%
College-Educated
94%
High-School Grad
26.5 sq mi
ZIP Area
49
Density / Sq Mi
$85,750
Median Household Income
$47,500
Median Earnings
$401,000
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Carroll County, NH
Properties on Market for Duplexes in Carroll County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The vacant apartments offer a two-bedroom and a one-bedroom layout, each with separate utility systems.
Where is this duplex located?
The property is located at 61 Middle Road Tuftonboro, NH.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two‑unit duplex with a two‑bedroom apartment and a one‑bedroom apartment; Each apartment has its own electric meter, water heater, propane furnace, and washer/dryer hookup; 1,844‑square‑foot building on 4 acres
