Well-maintained 3-unit multifamily property located on the East Side of Manchester, offering three 1-bedroom units with functional layouts. The interiors 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 property offers off-street parking for 3 vehicles, along with additional street parking. Current rents are ~$1,325 per unit per month, generating ~$48K/year in gross income and an estimated ~$30K in net operating income. This property is also available as part of a 9-unit package opportunity with two adjacent multifamily properties at 379 and 383 Manchester Street (3 units each, and 9-10 off-street parking spaces in a contiguous lot), offering investors the ability to scale efficiently within a single location. Whether purchased individually or as part of the package, this property represents a stable investment with in-place income and ease of management.
Active
Listed by: Gray Property Group, LLC • Nick Gray
$479,000
377 Manchester Street, Manchester, NH 03103
--beds
--baths
2,257sqft
Multi Family
Built in 1890
-- sqft lot
$-- Zestimate®
$212/sqft
$-- HOA
What's special
Additional street parking
- 183 days
- 193
- 18
Zillow last checked:
Listing updated:
Listed by:
Nick Gray,
Gray Property Group, LLC 603-637-4812,
Matthew Dennehy,
Imperial Properties
Source: PrimeMLS,MLS#: 5082071
Facts & features
Interior
Bedrooms & bathrooms
- Full bathrooms: 3
Heating
- Forced Air, Hot Air
Cooling
- None
Features
- Flooring: Carpet, Vinyl Plank
- Basement: Concrete Floor,Unfinished,Walk-Up Access
Interior area
- Total structure area: 2,257
- Total interior livable area: 2,257 sqft
- Finished area above ground: 1,662
- Finished area below ground: 595
Property
Parking
- Parking features: Paved, Off Street
Features
- Levels: Two
- Patio & porch: Enclosed Porch
- Frontage length: Road frontage: 35
Lot
- Size: 3,049 Square Feet
- Features: City Lot
Details
- Parcel number: MNCHM0127B000L0049
- Zoning description: MX-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Fieldstone
- Roof: Tar/Gravel
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable, Gas at Street
Community & HOA
Location
- Region: Manchester
Financial & listing details
- Price per square foot: $212/sqft
- Tax assessed value: $254,600
- Annual tax amount: $5,153
- 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 | $479,000-4%$212/sqft |
Source: | ||
| 4/3/2026 | Listed for sale | $499,000$221/sqft |
Source: | ||
| 11/13/2025 | Listing removed | $499,000$221/sqft |
Source: | ||
| 10/3/2025 | Price change | $499,000-13.8%$221/sqft |
Source: | ||
| 9/24/2025 | Listed for sale | $579,000+225.3%$257/sqft |
Source: | ||
| 2/1/2018 | Listing removed | $178,000$79/sqft |
Source: Kanteres Real Estate, Inc. #4617729 Report a problem | ||
| 7/30/2017 | Price change | $178,000-4.8%$79/sqft |
Source: Kanteres Real Estate, Inc. #4617729 Report a problem | ||
| 2/12/2017 | Listed for sale | $187,000+2.7%$83/sqft |
Source: Kanteres Real Estate, Inc. #4617729 Report a problem | ||
| 8/1/2016 | Listing removed | $182,000$81/sqft |
Source: Century 21 Highview Realty #4362411 Report a problem | ||
| 1/6/2016 | Price change | $182,000-1.1%$81/sqft |
Source: CENTURY 21 Highview Realty #4362411 Report a problem | ||
| 5/23/2015 | Price change | $184,000-0.5%$82/sqft |
Source: CENTURY 21 Highview Realty #4362411 Report a problem | ||
| 8/20/2014 | Price change | $185,000-2.6%$82/sqft |
Source: CENTURY 21 Highview Realty #4362411 Report a problem | ||
| 6/10/2014 | Listed for sale | $190,000+123.5%$84/sqft |
Source: Roselyn Caplan #4362411 Report a problem | ||
| 1/21/1999 | Sold | $85,000$38/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,985 +3.8% | $254,600 |
| 2023 | $4,802 +3.4% | $254,600 |
| 2022 | $4,644 +1.5% | $254,600 -1.6% |
| 2021 | $4,574 +12.9% | $258,700 +57.5% |
| 2020 | $4,052 +1.4% | $164,300 |
| 2019 | $3,996 +2.7% | $164,300 |
| 2018 | $3,891 +1.6% | $164,300 |
| 2017 | $3,831 +0.8% | $164,300 |
| 2016 | $3,802 +2.3% | $164,300 +3.6% |
| 2015 | $3,718 -0.2% | $158,600 |
| 2014 | $3,727 +5.9% | $158,600 |
| 2012 | $3,518 | $158,600 |
Find assessor info on the county website
Monthly payment
Est. payment







