Listed by BHG Masiello Keene · Paul Rodenhauser · 603-352-5433

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Single Family Residence · Keene, NH

ActiveFor SalePrice Reduced

87 Water Street, Keene, NH

$324,000

$365,000 · changed Oct 27, 2026

Est. $1,638/mo · 20% down, 30-yr, 6.5% (Owl’s Nest Real Estate estimate, not MLS data)

Beds
5
Baths
1
Sq Ft
1,539
Built
1903
MLS®
#5113130

Property Description

Set in Keene, New Hampshire, 87 Water Street is a single-family home built in 1903, now offered at $324,000. The layout delivers 5 bedrooms, 1 bathroom and 1,539 square feet of living space. Single-family ownership here means your own land, your own walls and room to make the property yours. The numbers worth knowing: a 0.15-acre lot, garage parking for 1 and roughly $211 per square foot. Browse the gallery and specs below; if it fits, we can have you through the door quickly.

A rare opportunity to own a property where historic character, versatility, and an exceptional in-town location come together. Set behind a welcoming front porch, 87 Water Street offers the warmth and architectural details of an earlier era with thoughtful updates for today’s lifestyle. Inside, you’ll find an inviting eat-in kitchen with a distinctive tin ceiling and pantry, wood floors, bullseye molding, updated windows, a thoughtfully preserved original stained-glass window, and an abundance of oversized closets. Original character is thoughtfully woven throughout, creating a sense of warmth and authenticity that is increasingly difficult to find. Tidy, comfortable, and move-in ready, the home also features a newer boiler. The backyard offers ample space for gardening, entertaining, recreation, and outdoor enjoyment. A substantial outbuilding provides exceptional versatility, with generous workshop and storage space, vehicle parking, electricity, and a second floor. The structure has received City of Keene Planning Board approval for conversion to a one-bedroom residential unit, offering valuable potential for additional living space or other uses. Buyer to verify current status, approvals, and permitted use with the City. The location is equally compelling, with downtown Keene, the Co-op, playgrounds, schools, shops, restaurants, and other amenities all within easy walking distance. Enjoy the convenience of an in-town lifestyle with the added space and flexibility this property provides. With its character-filled interior, substantial outbuilding, inviting outdoor spaces, and walkable location, 87 Water Street offers a unique combination of history, functionality, and future potential. Most furnishings may also be available for purchase. Schedule your showing today!

Location Highlights

87 Water Street is a single family residence in Keene, New Hampshire, listed at $324,000. That works out to about $211 per square foot, for a home built in 1903. 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: Wheelock Elementary (Elementary), Keene Middle School (Middle), KeeneHighS (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

Bedrooms
5
Total Baths
1
SqFt
1,539
Price / SqFt
$210.53
Property Type
Single Family Residence
Year Built
1903
County
NH-Cheshire
Town
Keene, NH
Status
Active
Days on Market
23

Primary Features

County
NH-Cheshire
Property Type
Residential
Year Built
1903
Zoning
RP

Interior Features

Appliances
Dishwasher, Dryer, Electric Range, Refrigerator, Washer
Basement
Yes
Basement Access Type
Walkout
Basement Description
Unfinished
1/4 Baths
0
3/4 Baths
1
Cooling
None
Electric
100 Amp Service, Circuit Breakers
Flooring
Combination, Carpet, Other, Vinyl, Wood
Heating
Oil, Steam
Interior Features
Attic with Hatch/Scuttle, Laundry Hook-ups, Natural Light, Natural Woodwork, Walk-In Closet(s)
Rooms - Total
7
SqFt-Approximate Finished Above Grade
1,539
SqFt-Approximate Finished Below Grade
0
SqFt Approximate Total Finished
1,539
SqFt Approximate Total
2,283

Location Information

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

Financial Details

Electric Company
Eversource
Fuel Company
Davis Oil
Sale Includes
Land/Building
Tax - Gross Amount
$6,520
Tax Year
2025
Taxes TBD
No

Additional

Construction Status
Existing
Construction
Aluminum Siding, Wood Frame, Vinyl Siding
Covenants
Unknown
Flood Zone
No
Pre-Construction
No
Property Sub Type
Single Family Residence
Seasonal
No
Total Stories
1.75
Surveyed
Unknown
Timeshare/Fractional Ownership
No

External Features

Driveway
Paved
Exterior Features
Garden, Other - See Remarks, Outbuilding, Porch, Covered Porch
Foundation
Brick/Mortar, Concrete, Stone
Garage
Yes
Garage Capacity
1
Lot Features
City Lot, Level, In Town, Near Paths, Near School(s)
Lot - Acres
0.15
Lot - SqFt
6,534
Parking
Driveway, On Site, Storage Above
Road Frontage Type
Public
Road Frontage
Yes
Road Frontage Length
74
Roof
Asphalt Shingle
Sewer
Public
Utilities
Other
Water Source
Public

MLS®: PrimeMLS #5113130; Listed by BHG Masiello Keene · Paul Rodenhauser · 603-352-5433

Property History

Estimated annual taxes for this property

2024
$5,508
2023
$5,370
2022
$5,233

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
$425,142
Price range
$199,999 – $975,000

Mortgage Calculator

Estimate your monthly payment for this home

Loan Term

Estimated Monthly Payment

$2,165/ mo

Principal & Interest
$1,638
Property Tax
$459
Home Insurance
$68

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 87 Water Street, Keene, NH

Assigned Schools

Elementary
Wheelock Elementary
Middle
Keene Middle School
High School
KeeneHighS
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 87 Water Street?

87 Water Street in Keene, NH has 5 bedrooms and 1 bathroom in 1,539 square feet of finished living space.

What is the asking price of 87 Water Street?

87 Water Street in Keene, NH is listed for $324,000 on PrimeMLS.

That is about $211 per square foot of finished living space.

It came on the market on October 7, 2026.

What schools serve 87 Water Street?

The MLS places 87 Water Street in Keene, NH in the Keene Sch Dst SAU #29.

Listed schools: Wheelock Elementary (elementary), Keene Middle School (middle) and KeeneHighS (high).

School assignments can change; confirm with the district.

Is 87 Water Street still available?

Yes. 87 Water Street in Keene, NH is listed as Active on PrimeMLS (MLS #5113130).

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

Who is the listing agent for 87 Water Street?

87 Water Street in Keene, NH is listed by Paul Rodenhauser 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 87 Water Street?

87 Water Street in Keene, NH is a single-family home built in 1903.

The MLS lists its style as New Englander, with 1.75 stories.

Where is 87 Water Street located?

87 Water Street is in Keene, New Hampshire 03431, in Cheshire County.

Location notes from the MLS: in town, near paths and near school(s).

How much land comes with 87 Water Street?

87 Water Street in Keene, NH sits on 0.15 acres, per the MLS.

The lot is described as city lot and level.

It has 74 feet of road frontage (public).

Zoning: RP.

The MLS lists it as outside a flood zone.

How much are the property taxes on 87 Water Street?

Annual property taxes on 87 Water Street in Keene, NH are $6,520 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 87 Water Street heated?

87 Water Street in Keene, NH is heated by oil and steam, per the MLS.

The MLS lists no cooling system.

Does 87 Water Street have town water and sewer?

87 Water Street in Keene, NH has public water and public sewer, per the MLS.

MLS details — water: public; sewer: public.

Electric: 100 amp service and circuit breakers (Eversource).

Is there a basement at 87 Water Street?

Yes. 87 Water Street in Keene, NH has a basement with walkout access.

The MLS describes it as unfinished.

What features does 87 Water Street have?

Inside, the MLS lists these features at 87 Water Street in Keene, NH: attic with hatch/scuttle, laundry hook-ups, natural light, natural woodwork and walk-in closet(s).

Outside: garden, outbuilding, porch and covered porch.

Flooring: combination, carpet, vinyl and wood.

Listed appliances: dishwasher, dryer, electric range, refrigerator and washer; confirm which ones convey in the purchase agreement.

Does 87 Water Street have a garage?

87 Water Street in Keene, NH has a 1-car garage and a paved driveway.

Parking details: driveway, on site and storage above.

How does the price of 87 Water Street compare with other Keene listings?

At $324,000, 87 Water Street in Keene, NH is priced below the $388,950 median asking price of the 34 single-family homes 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 87 Water Street?

To see 87 Water 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.