Listed by Keller Williams Realty-Metropolitan · Kristi Whitten · 603-232-8282
Residential Income · Keene, NH
120 Elm Street, Keene, NH
$399,900
Est. $2,022/mo · 20% down, 30-yr, 6.5% (Owl’s Nest Real Estate estimate, not MLS data)
- Sq Ft
- 2,143
- Built
- 1880
- MLS®
- #5113927
Property Description
Buyers searching Keene, New Hampshire will want a look at 120 Elm Street — a multi-family income property asking $399,900. It features 2,143 square feet of living space. Income properties in this market benefit from steady year-round tenant demand plus the seasonal visitor economy. Also on the sheet: a 0.14-acre lot, 1880 construction and roughly $187 per square foot. Everything below — photos, details, schools and market data — updates live from the MLS.
Here’s a well-positioned multi-family opportunity in the heart of Keene. 120 Elm Street offers three residential units across 2,142 square feet, with projected gross rents of $4,945 per month ($59,340 per year) and an impressive 11% cap rate. The two 2-bedroom units are currently leased at $1,100 and $1,645 per month. The spacious first-floor 3-bedroom unit is vacant and projected to rent at $2,200 per month, so a new owner can choose their own tenant or move in and live in one unit while the other two help cover the mortgage. The gap between the two 2-bedroom rents also suggests room to raise rent over time. A brand-new heating system serves all three units, giving you peace of mind and lower near-term capital costs. Each unit has its own electric meter, so tenants pay their own electricity. A shared first-floor laundry area and off-street parking add convenience for residents and lasting value for the owner. Keene’s steady rental demand, supported by local colleges, healthcare, and a lively downtown, makes this property a strong long-term hold. Contact us today for full financials and to schedule a private showing.
Location Highlights
120 Elm Street is a residential income in Keene, New Hampshire, listed at $399,900. That works out to about $187 per square foot, for a home built in 1880. It has been on the market for 3 weeks.
At this latitude, Keene averages roughly 8.3 hours of sun a day in June and 3.6 in December.
Source: zoned school names are PrimeMLS listing data; distances, sun exposure and school facts are Owl’s Nest Real Estate additions (school facts from the NCES, U.S. Department of Education) — not PrimeMLS data.
Property Details
Essentials & finishes
- SqFt
- 2,143
- Price / SqFt
- $186.61
- Property Type
- Residential Income
- Year Built
- 1880
- County
- NH-Cheshire
- Town
- Keene, NH
- Status
- Active
- Days on Market
- 8
Primary Features
- County
- NH-Cheshire
- Property Type
- Residential Income
- Year Built
- 1880
- Zoning
- HD
Interior Features
- Basement
- Yes
- Basement Access Type
- Interior
- Basement Description
- Unfinished
- Cooling
- None
- Electric
- Circuit Breakers
- Heating
- Hot Water
- SqFt-Approximate Finished Above Grade
- 2,143
- SqFt-Approximate Finished Below Grade
- 0
- SqFt Approximate Total Finished
- 2,143
- SqFt Approximate Total
- 3,214
Financial Details
- Fuel Company
- L&P Propane
- Tax - Gross Amount
- $6,489
- Tax Year
- 2025
- Taxes TBD
- No
Additional
- Construction Status
- Existing
- Construction
- Wood Frame
- Covenants
- No
- Flood Zone
- Unknown
- Pre-Construction
- No
- Seasonal
- No
- Total Stories
- Two
- Surveyed
- Unknown
External Features
- Color
- white
- Driveway
- Dirt
- Exterior Features
- Porch
- Foundation
- Stone
- Garage
- No
- Lot Features
- Level
- Lot - Acres
- 0.14
- Lot - SqFt
- 6,098
- Road Frontage Type
- Other
- Road Frontage
- TBD
- Roof
- Slate
- Sewer
- Public
- Utilities
- Cable Available
- Water Source
- Public
MLS®: PrimeMLS #5113927; Listed by Keller Williams Realty-Metropolitan · Kristi Whitten · 603-232-8282
Property History
Estimated annual taxes for this property
- 2024
- $6,798
- 2023
- $6,628
- 2022
- $6,458
Source: Owl’s Nest Real Estate estimate from the list price at New Hampshire’s average effective tax rate — not PrimeMLS or town assessor data. Verify with the town assessor.
Market Data
Live snapshot computed by Owl’s Nest Real Estate from PrimeMLS IDX active listings in this town
- Active listings in Keene
- 60
- Average list price
- $426,392
- Price range
- $199,999 – $975,000
Mortgage Calculator
Estimate your monthly payment for this home
Estimated Monthly Payment
$2,672/ mo
- Principal & Interest
- $2,022
- Property Tax
- $567
- Home Insurance
- $83
Source: Owl’s Nest Real Estate estimate, not PrimeMLS data. Estimates use typical New Hampshire costs — a 1.7% effective property-tax rate, insurance at 0.25% of home value/yr, and PMI below 20% down. Actual town tax rates vary; verify with your lender and the town assessor.
Around This Property
Schools, everyday places and nearby destinations near 120 Elm Street, Keene, NH
Source: Google Maps Platform (Places) and Owl’s Nest Real Estate — not PrimeMLS data.
Questions About This Listing
How big is 120 Elm Street?
120 Elm Street in Keene, NH has 2,143 square feet of finished living space.
What is the asking price of 120 Elm Street?
120 Elm Street in Keene, NH is listed for $399,900 on PrimeMLS.
That is about $187 per square foot of finished living space.
It came on the market on October 12, 2026.
What features does 120 Elm Street have?
Outside, the MLS lists these features at 120 Elm Street in Keene, NH: porch.
Does 120 Elm Street have a garage?
The MLS lists no garage at 120 Elm Street in Keene, NH; parking is off a dirt driveway.
Is 120 Elm Street still available?
Yes. 120 Elm Street in Keene, NH is listed as Active on PrimeMLS (MLS #5113927).
Status can change quickly; contact us to confirm availability before you visit.
Who is the listing agent for 120 Elm Street?
120 Elm Street in Keene, NH is listed by Kristi Whitten of Keller Williams Realty-Metropolitan (603-232-8282).
Owl's Nest Real Estate shows it through the PrimeMLS IDX feed; we are not the listing brokerage.
What kind of property is 120 Elm Street?
120 Elm Street in Keene, NH is a multi-family income property built in 1880.
The MLS lists its style as Multi-Family, with two stories.
Where is 120 Elm Street located?
120 Elm Street is in Keene, New Hampshire 03431, in Cheshire County.
How much land comes with 120 Elm Street?
120 Elm Street in Keene, NH sits on 0.14 acres, per the MLS.
The lot is described as level.
Zoning: HD.
How much are the property taxes on 120 Elm Street?
Annual property taxes on 120 Elm Street in Keene, NH are $6,489 for the 2025 tax year, per the MLS.
New Hampshire towns set their own tax rates and revalue periodically, so confirm the current bill with the Keene assessing office.
How is 120 Elm Street heated?
120 Elm Street in Keene, NH is heated by hot water, per the MLS.
The MLS lists no cooling system.
Does 120 Elm Street have town water and sewer?
120 Elm Street in Keene, NH has public water and public sewer, per the MLS.
MLS details — water: public; sewer: public.
Electric: circuit breakers.
Other utilities: cable available.
Is there a basement at 120 Elm Street?
Yes. 120 Elm Street in Keene, NH has a basement with interior access.
The MLS describes it as unfinished.
How does the price of 120 Elm Street compare with other Keene listings?
At $399,900, 120 Elm Street in Keene, NH is priced close to the $399,900 median asking price of the 7 multi-family properties for sale in Keene on PrimeMLS as of November 3, 2026 (this listing included).
That figure is Owl's Nest Real Estate's analysis of active listings, and asking prices are not sale prices — ask us for recent comparable sales before you make an offer.
How do I schedule a showing of 120 Elm Street?
To see 120 Elm Street in Keene, NH, use Request a Showing on this page or call Owl's Nest Real Estate at 401-648-5308.
We can show any MLS-listed home and represent you as your buyer's agent; the listing brokerage represents the seller.
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NOTE: This representation is based in whole or in part on data generated by PrimeMLS, Inc., which assumes no responsibility for its accuracy. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS.
This listing data is intended for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/03/26.