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  • Listed by: BHG Masiello Durham • Tina Feegel-Sloan
    Bought with: Coldwell Banker Realty - Portsmouth, NH
    $500,000

    8 South Street, Newmarket, NH 03857

    4beds
    1,581sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $509,700 Zestimate®
    $316/sqft
    $3,055 Estimated rent

    Home value

    $509,700

    $474,000 - $550,000

    $3,055/mo

    Zestimate® history
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    What's special

    Beautiful tin ceilingDesirable two-bedroom two-bath layoutNewer roof
    Don’t miss this perfect opportunity to own a prime investment property in the heart of downtown Newmarket. This well-maintained 3-unit multi-family home offers strong potential for rental income and future equity growth. The first floor features two one-bedroom, one-bath units, while the second floor consists of a desirable two-bedroom, two-bath layout—ideal for owner occupancy or maximizing rental income. Tenants are in place, with the final lease expiring September 30, 2025. All units are currently rented below market value, offering room for increased returns over time. Inside, you'll find charming details such as hardwood floors and a beautiful tin ceiling, adding character to the space. Major updates include a newer roof, siding, and windows, providing peace of mind for investors. Located just a short walk from downtown shops, restaurants, and the waterfront, this property offers both convenience and appeal for tenants. A solid addition to any real estate portfolio! Showings begin on Monday 8/4/25 with appointments during block times to accommodate tenants

    Zillow last checked:

    Listing updated:

    Listed by:

    Tina Feegel-Sloan,

    BHG Masiello Durham 603-868-1113,

    Beth Rohde Campbell,

    BHG Masiello Durham

    Bought with:

    Paula Viera

    Coldwell Banker Realty - Portsmouth, NH

    Source: PrimeMLS,MLS#: 5054581MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Oil, Hot Water
    Cooling
    • None
    Appliances
    • Included: Water Heater
    Features
    • Flooring: Carpet, Tile, Wood
    • Basement: Unfinished,Walk-Up Access
    Interior area
    • Total structure area: 3,349
    • Total interior livable area: 1,581 sqft
    • Finished area above ground: 1,581
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Paved
    Features
    • Levels: Two
    • Frontage length: Road frontage: 64
    Lot
    • Size: 2,178 Square Feet
    • Features: City Lot, Level, Sidewalks
    Details
    • Parcel number: NMARMU2B17L
    • Zoning description: M2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Wood Siding
    • Foundation: Stone
    • Roof: Asphalt Shingle
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Phone Available

    Community & HOA

    Location
    • Region: Newmarket

    Financial & listing details

    • Price per square foot: $316/sqft
    • Tax assessed value: $383,800
    • Annual tax amount: $6,601
    • Date on market: 8/1/2025
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/22/2025Sold$500,000+6.6%$316/sqft
    Source: PrimeMLS #5054581 Report a problem
    8/1/2025Listed for sale$469,000$297/sqft
    Source: PrimeMLS #5054581 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,601 +4.1%$383,800 +78.4%
    2023$6,343 +9.2%$215,100
    2022$5,806 +6%$215,100
    2020$5,476 +10.6%$215,100 +27%
    2018$4,953 +9.4%$169,400
    2017$4,528 +5%$169,400
    2016$4,311 +2%$169,400
    2015$4,228 -3.1%$169,400
    2014$4,362 -14.7%$169,400 -21.6%
    2012$5,113 +8.3%$216,000 +0%
    2009$4,722 $215,900
    Find assessor info on the county website

    Neighborhood: 03857

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Newmarket Elem School
    • Middle: Newmarket Junior High School
    • High: Newmarket Senior HS
    • District: Newmarket SAU #31

    Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $509,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $509,700