Well-maintained 3-unit multifamily property located on the East Side of Manchester, offering three 2-bedroom units with functional layouts and in-unit washer/dryer hookups. 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 via an easement with the adjacent 379 Manchester Street, along with additional street parking. Current rents are ~$1,750 per unit per month, generating ~$63K/year in gross income and an estimated ~$42K in net operating income. This property is also available as part of a 9-unit package opportunity with two adjacent multifamily properties at 377 and 379 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
Price cut: $21K (6/30)
$629,000
383 Manchester Street, Manchester, NH 03103
6beds
2,580sqft
Multi Family
Built in 1898
-- sqft lot
$-- Zestimate®
$244/sqft
$-- HOA
What's special
Additional street parkingFunctional layouts
- 88 days |
- 370 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
Nick Gray,
Gray Property Group, LLC 603-637-4812,
Matthew Dennehy,
Imperial Properties
Source: PrimeMLS,MLS#: 5082086
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Hot Air
Cooling
- None
Features
- Basement: Concrete Floor,Walk-Up Access
Interior area
- Total structure area: 2,580
- Total interior livable area: 2,580 sqft
- Finished area above ground: 1,692
- Finished area below ground: 888
Property
Parking
- Parking features: Paved
Features
- Levels: 2.5
- Frontage length: Road frontage: 35
Lot
- Size: 3,049 Square Feet
- Features: City Lot
Details
- Parcel number: MNCHM0127B000L0047
- 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: 1898
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: $244/sqft
- Tax assessed value: $290,400
- Annual tax amount: $5,878
- 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 | $629,000-3.2%$244/sqft |
Source: | ||
| 4/3/2026 | Listed for sale | $650,000+23.6%$252/sqft |
Source: | ||
| 12/2/2025 | Sold | $526,000-15.8%$204/sqft |
Source: Public Record Report a problem | ||
| 10/3/2025 | Price change | $625,000-3.7%$242/sqft |
Source: | ||
| 9/24/2025 | Listed for sale | $649,000+8.2%$252/sqft |
Source: | ||
| 7/27/2025 | Listing removed | $599,999$233/sqft |
Source: | ||
| 7/16/2025 | Listed for sale | $599,999+147.2%$233/sqft |
Source: | ||
| 11/4/2019 | Sold | $242,700-2.8%$94/sqft |
Source: | ||
| 9/10/2019 | Listed for sale | $249,700+5.1%$97/sqft |
Source: Elm Grove Realty #4775608 Report a problem | ||
| 5/29/2019 | Listing removed | $237,500$92/sqft |
Source: Elm Grove Realty #4730774 Report a problem | ||
| 4/29/2019 | Price change | $237,500-4%$92/sqft |
Source: Elm Grove Realty #4730774 Report a problem | ||
| 12/18/2018 | Listed for sale | $247,500+24.4%$96/sqft |
Source: Elm Grove Realty #4730774 Report a problem | ||
| 8/11/2016 | Listing removed | $199,000$77/sqft |
Source: Keller Williams - Metropolitan #4484762 Report a problem | ||
| 7/8/2016 | Listed for sale | $199,000$77/sqft |
Source: Keller Williams Realty-Metropolitan #4484762 Report a problem | ||
| 5/16/2016 | Pending sale | $199,000$77/sqft |
Source: Keller Williams - Bedford-Manchester #4484762 Report a problem | ||
| 4/22/2016 | Listed for sale | $199,000$77/sqft |
Source: Keller Williams Realty-Metropolitan #4484762 Report a problem | ||
| 8/24/2015 | Listing removed | $199,000$77/sqft |
Source: Keller Williams - Bedford-Manchester #4380563 Report a problem | ||
| 8/9/2015 | Price change | $199,000-7.4%$77/sqft |
Source: Keller Williams - Bedford-Manchester #4380563 Report a problem | ||
| 3/26/2015 | Price change | $215,000-4.4%$83/sqft |
Source: Keller Williams Realty Metropolitan #4380563 Report a problem | ||
| 9/5/2014 | Price change | $225,000-2.2%$87/sqft |
Source: Keller Williams Realty Metropolitan #4380563 Report a problem | ||
| 8/28/2014 | Listed for sale | $230,000+48.4%$89/sqft |
Source: Keller Williams Realty Metropolitan #4380563 Report a problem | ||
| 11/20/2012 | Sold | $155,000+56.6%$60/sqft |
Source: Public Record Report a problem | ||
| 5/17/2012 | Sold | $99,000-62.8%$38/sqft |
Source: Public Record Report a problem | ||
| 7/18/2005 | Sold | $265,900+77.3%$103/sqft |
Source: Public Record Report a problem | ||
| 12/3/2001 | Sold | $150,000+130.8%$58/sqft |
Source: Public Record Report a problem | ||
| 9/18/1996 | Sold | $65,000$25/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,686 +3.8% | $290,400 |
| 2023 | $5,477 +3.4% | $290,400 |
| 2022 | $5,297 +3.2% | $290,400 |
| 2021 | $5,134 +14.6% | $290,400 +59.9% |
| 2020 | $4,478 +1.7% | $181,600 +0.3% |
| 2019 | $4,402 +2.7% | $181,000 |
| 2018 | $4,286 +1.5% | $181,000 |
| 2017 | $4,221 +0.8% | $181,000 |
| 2016 | $4,188 +1.9% | $181,000 +3.2% |
| 2015 | $4,111 -0.3% | $175,400 |
| 2014 | $4,122 +15.9% | $175,400 +9.4% |
| 2012 | $3,558 | $160,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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
- 383 Manchester Street





