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Three-Residence Multifamily Property
New
For Sale
$1,499,900

7 Dover Avenue, Hampton, NH 01830

Multi-Family, Hampton, NH

Property Size3,300 SF
Lot Size0.75 Acres
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
Parking features Off Street
Lot features Neighborhood
Directions Ocean Blvd to Dover Ave
Subdivision Hampton Beach
Standard status Active
Size 3,300 SF
Lot size 0.75 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10351

Utilities

Heating system Ductless (Heating)
Cooling system Ductless

Building Details

Year built 1930
Floors in Building 2
Number of units 4
Building materials Aluminum Siding
Roof type Shingle
Architectural style Bungalow
Listing Agency: RE/MAX Partners · RE/MAX International
Listed By: Carl Strube · License #59425
Added: Oct 5 Last Checked: Oct 5 at 4:06PM
MLS# 5112917

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.

Three residences occupy a 0.75-acre property: a two-family home with six bedrooms and two bungalows, each with two bedrooms. Approximate above-ground finished area totals 3,300 square feet. The property was built in 1930 and is zoned RB.

Work completed in recent years includes roof and siding replacement, electrical updates, added insulation, and new windows. Ductless heating and air conditioning serve all units. Appliances and furnishings are included, and off-street parking is available. Seasonal reservations for 2026 are in place, with a history of repeat seasonal income.

Key Highlights

  • Six‑bedroom two‑family home plus two two‑bedroom bungalows
  • 0.75‑acre property with approximately 3,300 square feet of above‑ground finished area
  • Ductless heating and air conditioning in all units

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 (±1% cap)
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 (±1% cap)
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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Current Use

Short term rental ...

Suggested Use

Top Pick Building Supply Auto Repair Shop (Bike/Boat/Book/etc) Store Auto Parts Store Pharmacy Big Box & Wholesale Store

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

209
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - The property includes a six-bedroom two-family home and two separate two-bedroom bungalows.
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: Six‑bedroom two‑family home plus two two‑bedroom bungalows; 0.75‑acre property with approximately 3,300 square feet of above‑ground finished area; Ductless heating and air conditioning in all units
More about this property
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