Listed by BHG Masiello Keene · Nancy Proctor · 603-352-5433

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Residential Income · Keene, NH

ActiveFor SalePrice Reduced

470 Elm Street, Keene, NH

$450,000

$489,000 · changed Oct 29, 2026

Est. $2,275/mo · 20% down, 30-yr, 6.5% (Owl’s Nest Real Estate estimate, not MLS data)

Sq Ft
2,522
Built
1900
MLS®
#5112878

Property Description

Set in Keene, New Hampshire, 470 Elm Street is a multi-family income property built in 1900, now offered at $450,000. The layout delivers 2,522 square feet of living space. Income properties in this market benefit from steady year-round tenant demand plus the seasonal visitor economy. The numbers worth knowing: a 1.3-acre lot, garage parking for 2 and roughly $178 per square foot. Browse the gallery and specs below; if it fits, we can have you through the door quickly.

Great Investment Opportunity in Keene! This versatile property offers an excellent combination of rental income, storage, and future development potential, all situated on 1.3 acres of level, cleared land in a desirable Keene location. The property features a two-family residence with a spacious 4–5 bedroom home plus an additional 1-bedroom apartment, providing valuable rental income or flexible living arrangements. A large commercial-style garage offers plenty of room for storage, a workshop, vehicles, or other uses. Adding even more potential, there is the possibility of constructing an ADU or additional residence, creating an opportunity for a buyer to build their own home while using the existing two-family property as an income-producing asset to help offset the cost. Conveniently located within walking distance of the clinic and hospital, downtown Keene, shopping, restaurants, and a network of biking and hiking paths. A rare opportunity to own a property with income potential, substantial land, and exciting possibilities for future development. Bring your ideas and make the most of this exceptional Keene property!

Location Highlights

470 Elm Street is a residential income in Keene, New Hampshire, listed at $450,000. That works out to about $178 per square foot, for a home built in 1900. It has been on the market for 4 weeks.

At this latitude, Keene averages roughly 8.3 hours of sun a day in June and 3.6 in December.

Zoned schools in the Keene Sch Dst SAU #29: Fuller Elementary (Elementary), Keene Middle School (Middle), Keene High School (High). Always confirm zoning with the district office.

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
2,522
Price / SqFt
$178.43
Property Type
Residential Income
Year Built
1900
County
NH-Cheshire
Town
Keene, NH
Status
Active
Days on Market
28

Primary Features

County
NH-Cheshire
Property Type
Residential Income
Year Built
1900
Zoning
LD

Interior Features

Appliances
Electric Water Heater, Water Heater off Boiler
Basement
Yes
Basement Access Type
Interior
Basement Description
Full, Basement Stairs
Cooling
None
Electric
Circuit Breakers
Flooring
Hardwood, Laminate, Tile
Heating
Oil, Hot Water
SqFt-Approximate Finished Above Grade
2,522
SqFt-Approximate Finished Below Grade
0
SqFt Approximate Total Finished
2,522
SqFt Approximate Total
3,855

Location Information

School - District
Keene Sch Dst SAU #29
School - Elementary
Fuller Elementary
School - High
Keene High School
School - Middle/Jr
Keene Middle School

Financial Details

Electric Company
Eversource
Fuel Company
Davis oil
Tax - Gross Amount
$9,046
Tax Year
2025
Taxes TBD
No

Additional

Construction Status
Existing
Construction
Vinyl Siding
Covenants
Unknown
Flood Zone
No
Pre-Construction
No
Seasonal
No
Total Stories
Two
Surveyed
Unknown

External Features

Color
Beige
Driveway
Paved
Exterior Features
Garden, Porch, Shed
Foundation
Granite
Garage
Yes
Garage Capacity
2
Lot Features
Pasture, Landscaped, Level, Trail/Near Trail
Lot - Acres
1.3
Lot - SqFt
56,628
Parking
Driveway, Garage
Road Frontage Type
Public
Road Frontage
Yes
Road Frontage Length
173
Roof
Asphalt Shingle
Sewer
Public
Utilities
Other
Water Source
Public

MLS®: PrimeMLS #5112878; Listed by BHG Masiello Keene · Nancy Proctor · 603-352-5433

Property History

Estimated annual taxes for this property

2024
$7,650
2023
$7,459
2022
$7,268

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
$424,245
Price range
$199,999 – $975,000

Mortgage Calculator

Estimate your monthly payment for this home

Loan Term

Estimated Monthly Payment

$3,007/ mo

Principal & Interest
$2,275
Property Tax
$638
Home Insurance
$94

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 470 Elm Street, Keene, NH

Assigned Schools

Elementary
Fuller Elementary
Middle
Keene Middle School
High School
Keene High School
District
Keene Sch Dst SAU #29

Source: Google Maps Platform (Places) and Owl’s Nest Real Estate — not PrimeMLS data.

Questions About This Listing

How big is 470 Elm Street?

470 Elm Street in Keene, NH has 2,522 square feet of finished living space.

What is the asking price of 470 Elm Street?

470 Elm Street in Keene, NH is listed for $450,000 on PrimeMLS.

That is about $178 per square foot of finished living space.

It came on the market on October 5, 2026.

Does 470 Elm Street have town water and sewer?

470 Elm Street in Keene, NH has public water and public sewer, per the MLS.

MLS details — water: public; sewer: public.

Electric: circuit breakers (Eversource).

Is there a basement at 470 Elm Street?

Yes. 470 Elm Street in Keene, NH has a basement with interior access.

The MLS describes it as full and basement stairs.

What features does 470 Elm Street have?

Outside, the MLS lists these features at 470 Elm Street in Keene, NH: garden, porch and shed.

Flooring: hardwood, laminate and tile.

Listed appliances: electric water heater and water heater off boiler; confirm which ones convey in the purchase agreement.

Does 470 Elm Street have a garage?

470 Elm Street in Keene, NH has a 2-car garage and a paved driveway.

Parking details: driveway and garage.

What schools serve 470 Elm Street?

The MLS places 470 Elm Street in Keene, NH in the Keene Sch Dst SAU #29.

Listed schools: Fuller Elementary (elementary), Keene Middle School (middle) and Keene High School (high).

School assignments can change; confirm with the district.

Is 470 Elm Street still available?

Yes. 470 Elm Street in Keene, NH is listed as Active on PrimeMLS (MLS #5112878).

Status can change quickly; contact us to confirm availability before you visit.

Who is the listing agent for 470 Elm Street?

470 Elm Street in Keene, NH is listed by Nancy Proctor of BHG Masiello Keene (603-352-5433).

Owl's Nest Real Estate shows it through the PrimeMLS IDX feed; we are not the listing brokerage.

What kind of property is 470 Elm Street?

470 Elm Street in Keene, NH is a multi-family income property built in 1900.

The MLS lists its style as Colonial, with two stories.

Where is 470 Elm Street located?

470 Elm Street is in Keene, New Hampshire 03431, in Cheshire County.

Location notes from the MLS: trail/near trail.

How much land comes with 470 Elm Street?

470 Elm Street in Keene, NH sits on 1.3 acres, per the MLS.

The lot is described as pasture, landscaped and level.

It has 173 feet of road frontage (public).

Zoning: LD.

The MLS lists it as outside a flood zone.

How much are the property taxes on 470 Elm Street?

Annual property taxes on 470 Elm Street in Keene, NH are $9,046 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 470 Elm Street heated?

470 Elm Street in Keene, NH is heated by oil and hot water, per the MLS.

The MLS lists no cooling system.

How does the price of 470 Elm Street compare with other Keene listings?

At $450,000, 470 Elm Street in Keene, NH is priced above 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 470 Elm Street?

To see 470 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.