25 West Street, Lebanon, NH 03766
What's special
Fully occupied and income-producing, this Lebanon three-unit property offers a practical investment opportunity in one of the Upper Valley’s most dependable rental markets. Conveniently located near Dartmouth College, Dartmouth Hitchcock Medical Center, and downtown Lebanon, the property has strong tenant appeal and provides rental income from day one. Each unit is straightforward, functional, and easy to rent, with off-street parking and usable outdoor space adding to the overall appeal. Recent exterior improvements, including paint and porch work, have already been completed, giving the next owner a solid starting point with room to improve returns over time. The property is being sold as-is. The seller is currently removing and updating the small amount of active knob-and-tube wiring located in the attic, with work anticipated for late August. Highlights include a fully rented three-unit layout, consistent income, off-street parking, outdoor space, completed exterior updates, and potential to increase rents and long-term returns.
- 56 days |
- 408 |
- 24 |
Travel times
Living Room
Kitchen
Bedroom
Zillow last checked:
Listing updated:
Simon Verkaik,
BHHS Verani Seacoast Cell:603-729-6179
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Hot Water
Cooling
- None
Appliances
- Included: Water Heater
Features
- Flooring: Carpet, Laminate
- Basement: Concrete Floor,Sump Pump,Walk-Up Access
Interior area
- Total structure area: 3,390
- Total interior livable area: 1,960 sqft
- Finished area above ground: 1,960
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Paved
Features
- Levels: Two
- Patio & porch: Porch, Covered Porch
Lot
- Size: 6,970 Square Feet
- Features: City Lot, Sidewalks, In Town, Near Shopping, Neighborhood, Near Public Transit, Near Hospital, Near School(s)
Details
- Parcel number: LBANM91B69L
- Zoning description: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Fieldstone
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1880
Utilities & green energy
- Electric: Circuit Breakers, Knob and Tube
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable
Community & HOA
Location
- Region: Lebanon
Financial & listing details
- Price per square foot: $253/sqft
- Tax assessed value: $411,500
- Annual tax amount: $8,860
- Date on market: 8/10/2026
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Listed for sale | $495,000$253/sqft |
Source:  PrimeMLS #5104280 | ||
| 7/8/2026 | Listing removed | $495,000$253/sqft |
Source: PrimeMLS #5082299 | ||
| 7/7/2026 | Listed for sale | $495,000$253/sqft |
Source: PrimeMLS #5082299 | ||
| 6/15/2026 | Pending sale | $495,000$253/sqft |
Source: PrimeMLS #5082299 | ||
| 6/5/2026 | Listed for sale | $495,000$253/sqft |
Source: PrimeMLS #5082299 | ||
| 4/16/2026 | Pending sale | $495,000$253/sqft |
Source: PrimeMLS #5082299 | ||
| 4/8/2026 | Listed for sale | $495,000-3.9%$253/sqft |
Source: PrimeMLS #5082299 | ||
| 3/3/2026 | Listing removed | $515,000$263/sqft |
Source: PrimeMLS #5062728 | ||
| 10/29/2025 | Price change | $515,000-1.9%$263/sqft |
Source: PrimeMLS #5062728 | ||
| 10/3/2025 | Listed for sale | $525,000$268/sqft |
Source: PrimeMLS #5062728 | ||
| 9/28/2025 | Contingent | $525,000$268/sqft |
Source: PrimeMLS #5062728 | ||
| 9/24/2025 | Listed for sale | $525,000+42.7%$268/sqft |
Source: PrimeMLS #5062728 | ||
| 12/15/2022 | Sold | $368,000-1.9%$188/sqft |
Source: PrimeMLS #4928249 | ||
| 10/31/2022 | Contingent | $375,000$191/sqft |
Source: PrimeMLS #4928249 | ||
| 9/4/2022 | Listed for sale | $375,000-1.3%$191/sqft |
Source: PrimeMLS #4928249 | ||
| 7/26/2022 | Listing removed | -- |
Source:  RE/MAX International | ||
| 5/26/2022 | Price change | $380,000-1.3%$194/sqft |
Source: PrimeMLS #4900481 | ||
| 3/10/2022 | Listed for sale | $385,000+142.9%$196/sqft |
Source: PrimeMLS #4900481 | ||
| 3/2/2010 | Sold | $158,500$81/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,513 +8.2% | $285,900 |
| 2023 | $6,942 +5.4% | $285,900 +0% |
| 2022 | $6,585 -7.3% | $285,800 +22.2% |
| 2021 | $7,101 | $233,800 |
| 2020 | $7,101 | $233,800 |
| 2019 | $7,101 +2.2% | $233,800 |
| 2018 | $6,949 +0.8% | $233,800 -1.4% |
| 2017 | $6,892 +3.4% | $237,000 |
| 2016 | $6,667 +1.9% | $237,000 |
| 2015 | $6,544 +3.7% | $237,000 -1.3% |
| 2014 | $6,310 +10.1% | $240,200 +6.9% |
| 2013 | $5,730 +7.5% | $224,600 -1.6% |
| 2010 | $5,328 +43.1% | $228,200 +37.6% |
| 2007 | $3,724 | $165,900 |
Find assessor info on the county website
Monthly payment
Estimated market value
$474,600
$451,000 - $498,000
$2,303/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.