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  • 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
    : 
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    Multi Family
    Built in 1890
    -- sqft lot
    $-- Zestimate®
    $194/sqft
    $-- HOA

    What's special

    Additional street parkingParking via an easementFunctional layouts
    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.
    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#: 5082090MLS Logo

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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

        DateEventPrice
        6/30/2026Price change$1,650,000-4.3%$194/sqft
        Source: PrimeMLS #5082090 Report a problem
        4/3/2026Listed for sale$1,725,000+4.6%$203/sqft
        Source: PrimeMLS #5082090 Report a problem
        11/13/2025Listing removed$1,649,000$194/sqft
        Source: PrimeMLS #5062737 Report a problem
        10/3/2025Price change$1,649,000-9.7%$194/sqft
        Source: PrimeMLS #5062737 Report a problem
        9/24/2025Listed for sale$1,827,000$215/sqft
        Source: PrimeMLS #5062737 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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

        Getting around

        85 / 100
        Very Walkable
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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