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    Duplex-Style Home with Legal ADU Title is generated by Realmo AI

    8 Maplewood Avenue, Manchester, NH 03102

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    For Sale
    $474,900

    MULTI_FAMILY - Other - Manchester, NH

    Property size:
    1,690 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $281/SF
    Added:
    Jun 4, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 5 at 3:06 am

    Property Features for 8 Maplewood Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R2
    Bedrooms
    2
    Bathrooms
    2
    Rooms
    Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1, Basement
    Patio and Porch features
    Deck, Porch
    Exterior features
    Deck, Enclosed Porch, Shed
    Appliances
    Water Heater
    Standard status
    Active
    Size
    1,690 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    7843

    Utilities

    Utilities
    Cable Available
    Heating system
    Baseboard, Natural Gas, Oil, Wall Furnace
    Water source
    Public

    Building Details

    Year built
    1935
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Hardwood, Vinyl, Carpet, Laminate
    Building materials
    Wood Frame, Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Celine Belanger

    Listing agent Celine Belanger

    Listing office Coldwell Banker Realty Bedford NH 166 Rte 101, Bedford, NH

    Listing date Jun 4, 2026

    MLS# 5092942 Listing URL

    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.

    HighLights

    • Single‑family home plus legal accessory dwelling unit (ADU) for flexible living or rental use, with separate heating systems
    • Enclosed porch and deck plus shed; walk‑out basement includes dedicated laundry area and abundant storage space
    • Main home features spacious kitchen and dining area, living room with slider to deck, and a full bathroom with shower plus laundry hookups
    • Upstairs oversized bedroom with an updated half bath
    • ADU offers single‑level living with private entrance, full‑size kitchen, dining, living room, large bedroom, shower bathroom, and in‑unit laundry
    • Year built 1935; public water and sewer; heating includes oil, natural gas, baseboard, and wall furnaces; cable available

    Overview

    This duplex-style property combines a single-family home with a legal accessory dwelling unit (ADU). The main home features an enclosed porch, spacious kitchen and dining area, and a living room with a slider to the deck, along with a full bathroom with shower and laundry hookups on the first floor. Upstairs, there is an oversized bedroom with an updated half bath. The legal ADU provides single-level living with its own private entrance, full-size kitchen, dining and living areas, a large bedroom, a spacious bathroom with shower, and in-unit laundry. Separate heating systems serve the main home and ADU for added convenience.

    Set on a 0.16-acre lot, the property includes a walk-out basement with a dedicated laundry area and abundant storage, with noted potential for future finishing. Outside, there is a grassy backyard for relaxing and everyday use. Public water and sewer service the home.

    The layout is well-suited to an owner-occupant who wants flexibility to live in one unit while renting the other, or to households needing separate spaces for extended family. With the combination of independent entry for the ADU and separate heating systems, it can also support a variety of residential income or multi-generational living arrangements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Merrimack
    State
    New Hampshire
    Longitude
    -71.5019793
    Latitude
    42.987842

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    FAQs

    What type of property is this?
    Duplex - Single-family residence plus a legal accessory dwelling unit, each with separate living spaces and heating systems.
    Where is this duplex located?
    The property is located at 8 Maplewood Avenue Manchester, NH.
    What is the asking price?
    The asking price for this property is $474,900.
    What are key features of this property?
    This property features: Single‑family home plus legal accessory dwelling unit (ADU) for flexible living or rental use, with separate heating systems; Enclosed porch and deck plus shed; walk‑out basement includes dedicated laundry area and abundant storage space; Main home features spacious kitchen and dining area, living room with slider to deck, and a full bathroom with shower plus laundry hookups
    (603) 848-9559
    We can help!
    Listing Contact
    Celine Belanger
    Request Owner's contact information
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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