Two-Unit Duplex with Fenced
For Sale
$479,900
9 Lincoln Street, Rochester, NH 03867
Multi-Family, Rochester, NH
Property Size2,576 SF
Lot Size0.18 Acres
Price / SF$186.30
Days on Market48
Property Features for 9 Lincoln Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bedrooms
8
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 6, Bathroom 1, Bedroom 7, Bedroom 5, Bedroom 4, Bathroom 2, Basement, Bedroom 2, Bedroom 8, Bedroom 1, Bedroom 3
Lot features
Level, In Town, Near Shopping
Elementary school
William Allen School
Middle school
Rochester Middle School
High school
Spaulding High School
Elementary school district
Rochester
Middle school district
Rochester
High school district
Rochester
Standard status
Active
Size
2,576 SF
Lot size
0.18 Acres
Utilities
Heating system
Natural Gas, Electric (Heating), Baseboard
Water source
Public
Amenities
separate utilities
off-street parking
private fenced yard
additional storage space
Building Details
Year built
1881
Floors in Building
3
Number of units
2
Building materials
Wood Frame, Wood Exterior
Roof type
Shingle
Architectural style
Other
Listing Agency:
LXTN Realty
Listed By:
Allyce Stevens
(877) 438-5986
Added: Aug 20
Changed: Oct 1
Last Checked: Oct 6 at 6:06AM
MLS# 5105923
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 Rochester duplex contains two residences with a combined 8 bedrooms: one unit has 3 bedrooms and the other has 5. The building offers 2,576 square feet of living area on a 0.18-acre lot. Separate utilities serve the units, and additional features include a fenced yard, off-street parking, and storage space.
Built in 1881, the property has wood-frame construction, a wood exterior, and a shingle roof. Heating is provided by natural gas and electric baseboard systems, with public water service. The property is near downtown Rochester, shopping, and restaurants.
Built in 1881, the property has wood-frame construction, a wood exterior, and a shingle roof. Heating is provided by natural gas and electric baseboard systems, with public water service. The property is near downtown Rochester, shopping, and restaurants.
Key Highlights
- Two units with 3 bedrooms and 5 bedrooms, totaling 8 bedrooms
- 2,576 square feet of living area on a 0.18‑acre lot
- Separate utilities for the two residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,150
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$523,000
$523.0K
Cap Rate 7%
$373,571
$373.6K
Cap Rate 9%
$290,556
$290.6K
Market Conditions
NOI Build-Up for 2,576 SF
Gross rent
$38.6K $15.00/SF
− Vacancy
−$1.3K −$0.50/SF
EGI
$37.4K $14.50/SF
− OpEx
−$11.2K −$4.35/SF
NOI
$26.2K $10.15/SF
Area
Strafford County, NH
Vacancy
3.32%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$523,000
Cap Rate 7%
$373,571
Cap Rate 9%
$290,556
Alternative Uses
Best Use
Multifamily LT 5
$373.6K
$326.9K – $435.8K
NOI $26,150 @ 7.0% cap · market cap 5.45%
Second Best
Apartment 5plus
$344.5K
$301.5K – $402.0K
NOI $24,118 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$689.2K
$603.0K – $804.0K
NOI $48,241 @ 7.0% cap · market cap 10.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
728
Businesses Nearby
Explore this area
Business Placement
Demographics for 03867, NH
22,369
Population
10,458
Households
2.1
Avg Household Size
44
Median Age
25%
College-Educated
93%
High-School Grad
28.4 sq mi
ZIP Area
788
Density / Sq Mi
$74,397
Median Household Income
$42,613
Median Earnings
$1,217
Median Rent
$259,200
Median Home Value
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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?
Duplex - Separate utilities, off-street parking, and storage support the property’s two-unit configuration.
Where is this duplex located?
The property is located at 9 Lincoln Street Rochester, NH.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: Two units with 3 bedrooms and 5 bedrooms, totaling 8 bedrooms; 2,576 square feet of living area on a 0.18‑acre lot; Separate utilities for the two residences
