Well-maintained 9-unit multifamily portfolio located on the East Side of Manchester, consisting of three adjacent 3-unit buildings at 377, 379, and 383 Manchester Street. The portfolio includes six 1-bedroom units and three 2-bedroom units, all with functional layouts. Interiors across the units are serviceable and easy to maintain, suited for consistent tenant demand. Each unit is separately metered, with tenants responsible for natural gas (heat) and electricity (hot water, lights, and plugs), helping to keep operating expenses low, while the landlord covers water and sewer. The properties feature approximately 9–10 off-street parking spaces across a contiguous lot, along with additional street parking. 383 Manchester Street benefits from parking via an easement with the adjacent 379 Manchester Street. Current rents are approximately $1,325-$1,475/month for the 1-bedroom units and ~$1,750/month for the 2-bedroom units, generating a combined ~$163K/year in gross income and an estimated ~$105K in net operating income. This portfolio offers investors the ability to acquire scale within a single location, with operational efficiencies, strong in-place income, and long-term upside through rent growth and continued management improvements.
Active
Listed by: Gray Property Group, LLC • Nick Gray
Price cut: $75K (6/30)
$1,650,000
377-383 Manchester Street, Manchester, NH 03103
--beds
--baths
8,500sqft
Multi Family
Built in 1890
-- sqft lot
$-- Zestimate®
$194/sqft
$-- HOA
What's special
Additional street parkingParking via an easementFunctional layouts
- 95 days |
- 114 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Nick Gray,
Gray Property Group, LLC 603-637-4812,
Matthew Dennehy,
Imperial Properties
Source: PrimeMLS,MLS#: 5082090
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Facts & features
Interior
Heating
- Forced Air, Hot Air
Cooling
- None
Features
- Basement: Concrete Floor,Unfinished,Walk-Up Access
Interior area
- Total structure area: 8,968
- Total interior livable area: 8,500 sqft
- Finished area above ground: 7,250
- Finished area below ground: 1,250
Property
Parking
- Parking features: Paved
Features
- Levels: 2.5
- Frontage length: Road frontage: 105
Lot
- Size: 9,148 Square Feet
- Features: City Lot
Details
- Zoning description: MX-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Timber Frame, Vinyl Siding
- Foundation: Fieldstone
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable
Community & HOA
Location
- Region: Manchester
Financial & listing details
- Price per square foot: $194/sqft
- Annual tax amount: $17,635
- Date on market: 4/3/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Price change | $1,650,000-4.3%$194/sqft |
Source: | ||
| 4/3/2026 | Listed for sale | $1,725,000+4.6%$203/sqft |
Source: | ||
| 11/13/2025 | Listing removed | $1,649,000$194/sqft |
Source: | ||
| 10/3/2025 | Price change | $1,649,000-9.7%$194/sqft |
Source: | ||
| 9/24/2025 | Listed for sale | $1,827,000$215/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Kalivas Union
Nearby schools
GreatSchools rating
- 4/10Mcdonough SchoolGrades: PK-4Distance: 0.6 mi
- 4/10Hillside Middle SchoolGrades: 5-8Distance: 0.7 mi
- 3/10Manchester Central High SchoolGrades: 9-12Distance: 0.3 mi
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- New Hampshire
- Hillsborough County
- Manchester
- 03103
- Kalivas Union
- 377-383 Manchester Street







