Manchester Homes with Multi-Family Style

Welcome to Manchester, New Hampshire—an enchanting city that beautifully blends rich history with modern vibrancy. As the largest city in the Granite State, Manchester is known for its dynamic arts scene, thriving economy, and a community spirit that welcomes all. Nestled in Hillsborough County, this city offers a unique charm, with historic mill buildings now transformed into trendy lofts and boutiques, all set against the picturesque backdrop of the Merrimack River.

One of the most appealing aspects of Manchester is its diverse housing market, particularly the multi-family homes that grace the city. Ideal for investors and families alike, these properties provide not only a comfortable living space but also the potential for additional income. Whether you’re looking for a classic Victorian duplex in a quaint neighborhood or a modern multi-unit building close to the city’s bustling downtown, Manchester has something to suit every taste and budget.

Living in Manchester means enjoying the best of both worlds—urban conveniences paired with a strong sense of community. Residents have access to excellent schools, beautiful parks, and a variety of recreational activities. The city’s vibrant dining scene and local events create an atmosphere that fosters connection and enjoyment.

With its rich history, lively culture, and an array of multi-family homes, Manchester is more than just a place to live; it’s a place to thrive. Explore the opportunities waiting for you in this charming New England city, and discover why so many are proud to call Manchester home.

Newest Manchester Homes with Multi-Family Style

$835,000

5101529 MLS

CALL THE COPS !! Someone 's about to STEAL this AFFORDABLR 6-FAMILY !!! Features easily managed 1-Bedroom units rented to single occupants, NEW asphalt roof, updated circuit breakers, NEW 75 Gallon Gas Hot water tank (July 17th). Newer Natural Gas steam heating system, 8-car rear parking and small side yard for tenant use. Exterior was recently painted along with all porches. Will be conveyed with a new COC at closing. Current Gross Income of $78,840.00 (easily increased to $85,000.00 with moderate increases) and $17,701 operating expenses (Includes taxes). Cash-on-Cash return exceeds 10% making this a SOLID INVESTMENT !!! NOTE: Unit #1 in need of new kitchen, bath, flooring and paint. Seller is offering a $20,000.00 allowance/credit off list price to buyer for the remodeling. A terrific "value add" Investment. Showings begin Tuesday July28th at 12:00 to 1:30 "May we add three words of advice ?" "ADD TO CART " !!!!

373 Lake Ave, Manchester

$1,325,000

5101368 MLS

Turn-key 5-unit multifamily investment opportunity located atop Manchester’s prestigious “Hanover Hill.” This well-maintained property offers a unique unit mix featuring an expansive 4-bedroom/3-bathroom unit, a 2-bedroom/2-bathroom unit, a 2-bedroom/1-bathroom unit, two 1-bedroom/1-bathroom units, and an unfinished attic offering potential for future expansion. Tenants are responsible for their own electric and natural gas baseboard heating, while the landlord covers hot water. This low-maintenance property provides an excellent opportunity for investors seeking a stabilized asset with a strong rental history.

514 Hanover St, Manchester

$484,900

5100987 MLS

Welcome to 384 Bridge St... Time to stop paying rent! Great opportunity to start your investment portfolio or add to existing. Conveniently located next to Derryfield Park & minutes to I93! This 2-Family unit offers 2 Bedrooms and 1 Bath with Off Street parking and separate utilities! With a little sweat equity can bring this property shine! Unfinished walk up 3rd floor Attic and Basement with W/D Hook ups & Storage. Agents see Private Remarks..

384 Bridge St, Manchester

$700,000

5100837 MLS

xcellent investment opportunity in Manchester's B-2 General Business District! This well-located three-unit mixed-use property offers a versatile combination of commercial and residential space, making it an ideal addition to any investment portfolio or a great option for an owner-occupant. The property features one commercial unit and two residential apartments, providing multiple income streams and long-term flexibility. Situated on a high-visibility street with convenient access to downtown Manchester, major highways, shopping, restaurants, and area amenities, the location is ideal for both businesses and tenants. Separate entrances, off-street parking, and flexible commercial space enhance the property's appeal. Whether you're looking to expand your portfolio, operate your own business while collecting rental income, or capitalize on Manchester's strong rental market, this property offers outstanding potential in a prime location.Buyer to verify specific uses with city.

649 Second St, Manchester

$1,440,000

5100705 MLS

51 Ash Street consists of nine (9) one-bedroom apartments, including six (6) spacious four-room units and three (3) three-room one-bedroom units. The generous footprint of the four-room apartments creates meaningful flexibility for ownership: these units can be repositioned as two-bedroom apartments to capture additional rental income or maintained as oversized one-bedroom homes that stand apart from competing product in the submarket. Recent improvements include new vinyl siding, new windows, new electrical panels and new decks and porches, reducing near-term capital exposure for a new owner. The property is currently served by a central oil-fired forced hot water heating system and can be converted to natural gas—offering a clear path to significant heating cost savings and improved net operating income. Additional upside exists in the open area at the rear of the building, which presents the possibility of adding on-site parking, a premium amenity in this walkable, parking-constrained neighborhood. The asset is offered at an asking price of $1,440,000 ($160,000/unit), which equates to a going-in Cap Rate of 6.5% and a pro-forma cap of 8.10%. The combination of an irreplaceable location, multiple value-add levers, and Manchester’s strong rental fundamentals makes 51 Ash Street a compelling acquisition for investors seeking in place income with significant future upside.

51 Ash St, Manchester

$689,900

5100434 MLS

Discover this rare North End Manchester opportunity, a beautifully maintained multi-family property tucked into one of the city's most desirable, tree-lined corners. This unique offering combines two distinct buildings into one exceptional investment package. The main dwelling is set up as a classic two-way entry duplex, featuring two spacious units, each offering 2 bedrooms, 1 full bath, and a wide, functional kitchen perfect for everyday living. Attached to the property is a second dwelling ideal for use as an in-law suite or accessory dwelling unit (ADU), offering 2 bedrooms and 1.5 baths. It is perfect for extended family, additional rental income, or flexible live-in ownership. Located in Manchester's North End, this property is just minutes from downtown, popular restaurants, and shopping, giving tenants easy access to everything the city has to offer while enjoying the charm of a quiet, established neighborhood. This is a true turnkey investment: Two of three units are currently occupied by long-term tenants of 10+ years. Triplex currently delivers guaranteed rental income of $43,000+ annually. Recent upgrades include backyard fencing, brand-new gas boilers and a new water heater, offering peace of mind and reduced maintenance costs for years to come. Whether you're an investor seeking stable cash flow or a buyer looking for multi-generational living with rental potential, this North End gem checks every box. Don't miss your chance to own a piece of Manchester's charm. PRE-APPROVED Buyers ONLY!!! Text Listing Agent for Showings.

67 Pennacook St, Manchester

$1,375,000

5099133 MLS

Excellent investment opportunity! This well-maintained 6-unit multifamily property generates approximately $10,300 in monthly gross income and is fully occupied. Each spacious unit features 4 bedrooms, 1 bathroom, washer and dryer hookups, a refrigerator, a gas or electric range. Four units have a private deck. Some bedrooms without closet. Tenants pay their own electricity and hot water, while the owner pays heat, water and sewer. Additional features include off-street parking for 7 vehicles, 5 storage units and two forced hot water heating systems in the basement. The Certificate of Compliance (COC) is current. Carefully managed and maintained by the same owners for over 22 years, this property offers a strong rental history and a turnkey investment opportunity.

339 Amherst St, Manchester

$475,000

5098755 MLS

This classic 1910 multi-family duplex at 312 Merrimack Street in Manchester, New Hampshire, offers a fantastic opportunity for both savvy investors and owner-occupants looking for a solid asset. Spanning a generous 2,391 square feet of total interior space, the property features a versatile layout with a combined total of five bedrooms and two bathrooms across its units. It represents a proven income-generator with an established history of steady rental demand, making it an easy-to-manage addition to any real estate portfolio. Inside, the units balance functional living arrangements with classic architectural details, all kept cozy during New England winters by efficient forced-air gas heating systems. The structure provides the perfect setup whether you choose to collect reliable monthly rental income from both sides or live in one unit while letting the other significantly offset your mortgage payments. Location is a major selling point for this property, as it sits in a highly walkable neighborhood just moments east of downtown Manchester. Residents will love the quick access to local parks, public transit, local schools, and the city's vibrant dining and arts scene. It is also an ideal spot for commuters, offering a short drive to regional highways and local institutions like MCPHS University. Do not miss out on this turnkey multi-family opportunity; schedule your private showing today to explore the possibilities.

312 Merrimack St, Manchester

$2,295,000

5097973 MLS

Welcome to 269-273 Cedar Street, Manchester, an opportunity to acquire a fully leased 9-unit multifamily property with a high bedroom count, strong in-place rental income and low operating expenses. The property consists of six four-bedroom apartments and three three-bedroom apartments, offering an attractive unit mix that appeals to a broad tenant base and supports strong cash flow. Tenants are responsible for their own heat, hot water, and electricity, helping to minimize operating expenses. The property's current Certificate of Occupancy is valid through May 15, 2028, providing added value and peace of mind for the next owner. .

269 Cedar St, Manchester

$499,900

4 Beds ⋅ 2 Baths ⋅ 5097831 MLS

This spacious two-family property offers flexibility for investors and owner-occupants. Live in one unit and offset your expenses with rental income, or maximize your investment potential by renting both units. The first floor unit offers an updated open concept living dining area, 2 spacious bedrooms and a full bath. This unit opens to a patio and a fenced yard. The second level features the same floor plan, with a private deck overlooking the shaded yard. The finished bonus area in the lower level provides additional room for a home office, recreation space, or storage. Outside, you'll find a rare oversized fenced yard for a city property, offering plenty of space for gardening, entertaining or pets. Enclosed side yard is perfect for a toddler play area. A patio area creates the perfect spot to relax and enjoy the outdoors. The shed provides convenient storage for tools and seasonal items. The two-car garage & the driveway offer plenty of off street parking. Walk to Derryfield Park, Elliott Hospital or downtown. Ideally located close to Derryfield Golf Course, shopping, dining, major highways, and downtown Manchester amenities, this property offers easy access to everything you need for work & play. Whether you're looking to build equity, expand your portfolio, or find a home with income potential, this versatile multi-family property is ready for a new home owner or new tenants.

518 Central St, Manchester

$499,900

5097820 MLS

518 Central St, Manchester

$720,000

5096461 MLS

Well-maintained 3-unit multifamily property featuring numerous recent updates. Major improvements include a newer roof and chimneys, durable vinyl siding, gas heating systems less than 5 years old, and water heaters less than 4 years old. Many recent renovations throughout the property make this an excellent opportunity for both investors and owner-occupants seeking a turnkey asset with reduced maintenance concerns. The first and second floor tenants will be vacating, offering the new owner the opportunity to update rents to current market rates and maximize income potential.

33 Rimmon St, Manchester

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