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Active under contract
  • Listed by: RE/MAX Town & Country • Robert Inman
    $1,250,000

    5 - 9 Merchant Street, Walpole, NH 03609

    --beds
    --baths
    11,690sqft
    : 
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    Multi Family
    Built in 1892
    -- sqft lot
    $1,175,500 Zestimate®
    $107/sqft
    $-- HOA

    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.
    236 days
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    71
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    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Inman,

    RE/MAX Town & Country 603-357-4100

    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: $107/sqft
      • Annual tax amount: $25,351
      • Date on market: 11/9/2025
      Robert Inman

      (603) 355-9417

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        Estimated market value

        $1,175,500

        $1.12M - $1.23M

        $2,072/mo

        Price history

        DateEventPrice
        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.

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 03609

        Getting around

        55 / 100
        Somewhat Walkable
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating