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Duplex with In-Law Apartment
For Sale
$799,000

85 Amethyst Hill Road, Conway, NH 03860

Multi-Family, Conway, NH

Property Size3,324 SF
Lot Size2.01 Acres
Price / SF$240.37
Days on Market356

Property Features for 85 Amethyst Hill Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RA
Rooms Basement
Lot features Country Setting, Wooded
Standard status Active
Size 3,324 SF
Lot size 2.01 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 9570

Utilities

Utilities Propane
Heating system Forced Air, Propane (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 2005
Floors in Building 2
Number of units 2
Building materials Wood Frame
Roof type Shingle
Architectural style Contemporary
Listing Agency: REAL Broker NH, LLC
Listed By: Bradley Roberts
Added: Oct 20, 2025 Changed: Oct 9 Last Checked: Oct 10 at 4:06AM
MLS# 5066815

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.

This contemporary duplex has 3,324 square feet on a 2.01-acre wooded parcel. The main floor includes three bedrooms and three full bathrooms, while the basement contains an in-law apartment. The wood-frame building was constructed in 2005 and has forced-air propane heat, central air, and public water.

The property is in Conway, less than half a mile from shopping outlets, restaurants, and ski slopes. Zoning is RA.

Key Highlights

  • 2.01‑acre wooded parcel
  • 3,324 square feet of building area
  • Main level includes three bedrooms and three full bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,664
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$773,280 $773.3K
Cap Rate 7%
$552,343 $552.3K
Cap Rate 9%
$429,600 $429.6K
Market Conditions
NOI Build-Up for 3,324 SF
Gross rent
$57.8K $17.40/SF
− Vacancy
−$2.6K −$0.78/SF
EGI
$55.2K $16.62/SF
− OpEx
−$16.6K −$4.99/SF
NOI
$38.7K $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%
$773,280
Cap Rate 7%
$552,343
Cap Rate 9%
$429,600

Alternative Uses

Best Use
Multifamily LT 5
$552.3K
$483.3K – $644.4K (±1% cap)
NOI $38,664 @ 7.0% cap · market cap 4.84%
Second Best
Apartment 5plus
$488.7K
$427.6K – $570.1K (±1% cap)
NOI $34,207 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$830.0K
$726.2K – $968.3K (±1% cap)
NOI $58,099 @ 7.0% cap · market cap 7.27%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Location Intelligence

Trade Area within ½ mile

177
Businesses Nearby

Demographics for 03860, NH

3,910
Population
3,169
Households
1.2
Avg Household Size
53
Median Age
40%
College-Educated
95%
High-School Grad
23.2 sq mi
ZIP Area
169
Density / Sq Mi
$81,771
Median Household Income
$45,915
Median Earnings
$1,094
Median Rent
$328,500
Median Home Value
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?
Duplex - A 2005 contemporary residence pairs three main-level bedrooms with separate living space below.
Where is this duplex located?
The property is located at 85 Amethyst Hill Road Conway, NH.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 2.01‑acre wooded parcel; 3,324 square feet of building area; Main level includes three bedrooms and three full bathrooms
More about this property
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