Four-Unit Multifamily
New
For Sale
$1,499,900
7 Dover Avenue, Hampton, NH 03842
Residential Income, Hampton, NH
Property Size3,300 SF
Price / SF$454.52
Days on Market1
Property Features for 7 Dover Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RB
Bedrooms
10
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 4, Bedroom 3, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 10, Bathroom 2, Bedroom 8, Bedroom 2, Bedroom 9, Bedroom 7
Parking
4
Directions
Ocean Boulevard to Dover Avenue
Standard status
Active
APN
759776
Size
3,300 SF
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
11000
Building Details
Year built
1930
Floors in Building
5
Number of units
4
Listing Agency:
RE/MAX Partners · RE/MAX International
Listed By:
Thomas Carroll
(978) 475-2100
Added: Oct 5
Last Checked: Oct 5 at 3:06PM
MLS# 73586612
Copyright © 2026 MLS Property Information Network Inc. 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 RB-zoned multifamily property contains 3,300 square feet across a two-unit main residence and two separate bungalows, each with two bedrooms and one bathroom. Built in 1930, the property has ductless mini-split systems in every unit, updated electrical, spray foam insulation, and replacement windows installed in 2023–2024. Roofs were replaced in 2018, and one bungalow received new flooring in 2025.
The property is a short walk from Hampton Beach and is also near restaurants, the casino, and other local attractions. All four units can be used year-round. Existing reservations and returning summer renters may be assumed.
The property is a short walk from Hampton Beach and is also near restaurants, the casino, and other local attractions. All four units can be used year-round. Existing reservations and returning summer renters may be assumed.
Key Highlights
- Four units: a two‑unit main residence and two separate bungalows
- 3,300 square feet; RB zoning
- Each bungalow has 2 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,077
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,001,540
$1.0M
Cap Rate 7%
$715,386
$715.4K
Cap Rate 9%
$556,411
$556.4K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$95.0K $28.80/SF
− Vacancy
−$4.0K −$1.21/SF
EGI
$91.0K $27.59/SF
− OpEx
−$41.0K −$12.42/SF
NOI
$50.1K $15.17/SF
Area
Rockingham County, NH
Vacancy
4.20%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,001,540
Cap Rate 7%
$715,386
Cap Rate 9%
$556,411
Alternative Uses
Best Use
Apartment 5plus
$715.4K
$626.0K – $834.6K
NOI $50,077 @ 7.0% cap · market cap 3.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.10M
$961.3K – $1.28M
NOI $76,906 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
209
Businesses Nearby
Explore this area
Business Placement
Demographics for 03842, NH
16,048
Population
9,978
Households
1.6
Avg Household Size
53
Median Age
43%
College-Educated
96%
High-School Grad
12.8 sq mi
ZIP Area
1,254
Density / Sq Mi
$94,433
Median Household Income
$53,533
Median Earnings
$1,679
Median Rent
$491,600
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?
Multifamily property - A two-unit main residence is complemented by two separate two-bedroom cottages, with all units usable throughout the year.
Where is this multifamily property located?
The property is located at 7 Dover Avenue Hampton, NH.
What is the asking price?
The asking price for this property is $1,499,900.
What are key features of this property?
This property features: Four units: a two‑unit main residence and two separate bungalows; 3,300 square feet; RB zoning; Each bungalow has 2 bedrooms and 1 bathroom
