383 Manchester Street Manchester, NH $ 650,000
383 Manchester Street
$ 650,000
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383 Manchester Street

Manchester, NH, 03103
$ 650,000
Bedrooms6 Baths3.0 Sq 2,580

Monthly Estimate*

$ 4,002

Listed by Nick Gray, Gray Property Group, LLC, 603-637-4812, ngray@graypropertygroup.com
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Multi-Family Home for sale in Manchester, NH

for $650,000 with 6 bedrooms and 3 full baths. This 2,580 square foot home was built in 1898 on a lot size of 0.07.

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.

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Multi-Family Active

Price

$ 650,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment Building

Lot Size

0.07

Year Built

1898

Town/City

Manchester

County/Region

Hillsborough

MLS | Web ID

5082086

Features
Interior
Basement Description Concrete Floor
Basement Yes
Total Number of Units 3
Total Full Baths 3
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General
Road Frontage Yes
Sewer Public
Heating Forced Air Hot Air
Cooling None
Utilities Cable
Roof Asphalt Shingle
Garage No
current use No
Flood Zone No
Zoning MX-2
Year Built 1898
Electric 100 Amp Service
Style Apartment Building
Stories Count 2.5
Construction Status Existing
Block 1
Net Income 42384
Auction No
Tax Year 2025
Gross Income 63120
Status Detail 0
Covenants No
Construction Materials Timber Frame Vinyl Siding
City Manchester
Seasonal No
DOM 15
Price Per Sq Ft Total AG 251.94
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Exterior
Lot Features City Lot
Driveway Paved
Water View No
Lot Size Area 0.07
Water Source Public
Foundation Fieldstone
Lot 47
Waterfront Property No
Water Body Access No
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* Excluded Features
List By
Nick Gray

Listing Agent

Gray Property Group, Llc

Broker

(603) 637-4812

Phone

ngray@graypropertygroup.com

Email

Affordability Calculator

$4,002
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,002
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/3/2026$650,000 Listed Price

Map


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383 Manchester Street, Manchester, NH, 03103 is a Multi-Family Home for sale at $650,000 with 2,580 sqft and a lot size of 0.07. 383 Manchester Street has 6 bedrooms, 3.0 baths, and was built in 1898. The property's zip code is 03103 which is in Manchester, NH