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  • Listed by: RE/MAX Town & Country • Robert Inman
    Bought with: Four Seasons Sotheby's International Realty
    $1,065,000

    5 - 9 Merchant Street, Walpole, NH 03609

    --beds
    --baths
    11,690sqft
    Multi Family
    Built in 1892
    -- sqft lot
    $1,065,200 Zestimate®
    $91/sqft
    $2,014 Estimated rent

    Home value

    $1,065,200

    $969,000 - $1.16M

    $2,014/mo

    Zestimate® history
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    $2,014/mo

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    What's special

    One-car garageWell-maintained unitsNew flooringFresh paintModern kitchens
    Excellent 14-Unit Investment Opportunity – North Walpole, NH Discover a solid, income-producing property that checks all the boxes for both stability and future upside! These two side-by-side apartment buildings offer a total of 13 well-maintained units and a 14th unit to be finished. The owners have already completed updates in nearly every apartment, featuring modern kitchens, fresh paint, new flooring, and other thoughtful improvements—only one unit remains ready for your finishing touch. With long-term attentive tenants, these buildings run smoothly and enjoy an excellent reputation in the neighborhood. Additional highlights include a one-car garage that can generate extra income and a huge unfinished area spanning two upper floors—perfect for adding a spacious new apartment or two smaller units. Current rents include some utilities, but with the individual meters that are already installed, there’s potential to transition to tenant-paid utilities and further increase your net operating income. This is a turnkey investment with strong performance, proven stability, and clear pathways for growth.

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Inman,

    RE/MAX Town & Country 603-357-4100

    Bought with:

    Andrew Peterson

    Four Seasons Sotheby's International Realty

    Source: PrimeMLS,MLS#: 5069029MLS Logo

    Facts & features

    Interior

    Heating
    • Propane
    Cooling
    • None
    Features
    • Basement: Dirt,Exterior Entry,Walk-Up Access
    Interior area
    • Total structure area: 14,862
    • Total interior livable area: 11,690 sqft
    • Finished area above ground: 11,690
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Gravel
    • Garage spaces: 1
    Features
    • Levels: 2.5
    • Frontage length: Road frontage: 118
    Lot
    • Size: 0.33 Acres
    • Features: Level
    Details
    • Zoning description: residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame
    • Foundation: Granite
    • Roof: Metal,Asphalt Shingle
    Condition
    • New construction: No
    • Year built: 1892

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable at Site

    Community & HOA

    Location
    • Region: North Walpole

    Financial & listing details

    • Price per square foot: $91/sqft
    • Annual tax amount: $25,351
    • Date on market: 11/9/2025

    Price history

    DateEventPrice
    7/27/2026Sold$1,065,000-14.8%$91/sqft
    Source: PrimeMLS #5069029 Report a problem
    3/8/2026Price change$1,250,000-7.4%$107/sqft
    Source: PrimeMLS #5069029 Report a problem
    11/9/2025Listed for sale$1,350,000+25%$115/sqft
    Source: PrimeMLS #5069029 Report a problem
    6/29/2021Sold$1,080,000-1.8%$92/sqft
    Source: PrimeMLS #4850830 Report a problem
    5/4/2021Contingent$1,100,000$94/sqft
    Source: PrimeMLS #4850830 Report a problem
    3/15/2021Listed for sale$1,100,000$94/sqft
    Source: PrimeMLS #4850830 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 03609

    Nearby schools

    GreatSchools rating
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