Listed by Coldwell Banker LIFESTYLES - Hanover · Joe Flanagan · Phone: 603-276-0505
Residential Income · Lebanon, NH
16 Parkhurst Street, Lebanon, NH
$495,000
$535,000 · changed Sep 9, 2026
Est. $2,503/mo · 20% down, 30-yr, 6.5% (Owl’s Nest Real Estate estimate, not MLS data)
- Sq Ft
- 2,343
- Built
- 1867
- MLS®
- #5106772
Property Description
16 Parkhurst Street, Lebanon is a multi-family income property for sale in New Hampshire at $495,000. The property offers 2,343 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 0.24-acre lot, 1867 construction and roughly $211 per square foot. Scroll on for current photos, the complete spec sheet and this Lebanon listing's market context.
Excellent investment opportunity with potential for a third unit. This well-located two-family property sits just off the Lebanon Green and Colburn Park, with immediate access to downtown Lebanon’s restaurants, shops, Lebanon Opera House, public library, farmers markets, and community events. The first-floor unit offers 3 bedrooms, 1 full bath, living room, kitchen, and laundry room, with the laundry room also providing additional storage. The second-floor apartment features 2 bedrooms, 1 full bath, living room, kitchen, and its own laundry room. An attached barn at the rear of the property is currently used for storage and offers potential for additional living space. Preliminary plans for a possible third unit are available for review, providing an opportunity to add value and future rental income, subject to approvals. Prime location, flexible layout, and expansion potential make this a compelling opportunity for an investor or owner-occupant looking to generate rental income in the heart of downtown Lebanon.
Location Highlights
16 Parkhurst Street is a residential income in Lebanon, New Hampshire, listed at $495,000. That works out to about $211 per square foot, for a home built in 1867. It has been on the market for 2 months.
From here it is 29 miles to Downtown Plymouth / Main Street and 33.6 miles to Owl's Nest Resort. At this latitude, Lebanon averages roughly 8.4 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
- 2,343
- Price / SqFt
- $211.27
- Property Type
- Residential Income
- Year Built
- 1867
- County
- NH-Grafton
- Town
- Lebanon, NH
- Status
- Active
- Days on Market
- 55
Primary Features
- County
- NH-Grafton
- Property Type
- Residential Income
- Year Built
- 1867
- Zoning
- LD
Interior Features
- Basement
- Yes
- Basement Access Type
- Walk-up
- Basement Description
- Concrete, Unfinished, Basement Stairs
- Cooling
- None
- Electric
- 100 Amp Service, Circuit Breakers
- Heating
- Oil, Steam
- SqFt-Approximate Finished Above Grade
- 2,343
- SqFt-Approximate Finished Below Grade
- 0
- SqFt Approximate Total Finished
- 2,343
- SqFt Approximate Total
- 2,343
Financial Details
- Tax - Gross Amount
- $10,233
- Tax Year
- 2025
- Taxes TBD
- No
Additional
- Construction Status
- Existing
- Construction
- Clapboard Exterior
- Covenants
- No
- Flood Zone
- No
- Pre-Construction
- No
- Seasonal
- No
- Total Stories
- Two
- Surveyed
- Unknown
External Features
- Driveway
- Paved
- Foundation
- Fieldstone
- Garage
- Yes
- Garage Capacity
- 0
- Lot Features
- Trail/Near Trail, Walking Trails, In Town, Near Paths, Near Shopping, Near Public Transit, Near Hospital, Near School(s)
- Lot - Acres
- 0.24
- Lot - SqFt
- 10,454
- Road Frontage Type
- Paved, Public Maintained Road
- Road Frontage
- Yes
- Road Frontage Length
- 89
- Roof
- Asphalt Shingle
- Sewer
- Public
- Utilities
- Cable Available
- Water Source
- Public
MLS®: PrimeMLS #5106772; Listed by Coldwell Banker LIFESTYLES - Hanover · Joe Flanagan · Phone: 603-276-0505
Property History
Estimated annual taxes for this property
- 2024
- $8,415
- 2023
- $8,205
- 2022
- $7,994
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 Lebanon
- 55
- Average list price
- $761,983
- Price range
- $349,900 – $2,900,000
Mortgage Calculator
Estimate your monthly payment for this home
Estimated Monthly Payment
$3,307/ mo
- Principal & Interest
- $2,503
- Property Tax
- $701
- Home Insurance
- $103
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 16 Parkhurst Street, Lebanon, NH
Source: Google Maps Platform (Places) and Owl’s Nest Real Estate — not PrimeMLS data.
Questions About This Listing
How big is 16 Parkhurst Street?
16 Parkhurst Street in Lebanon, NH has 2,343 square feet of finished living space.
What is the asking price of 16 Parkhurst Street?
16 Parkhurst Street in Lebanon, NH is listed for $495,000 on PrimeMLS.
That is about $211 per square foot of finished living space.
It came on the market on August 26, 2026.
Who is the listing agent for 16 Parkhurst Street?
16 Parkhurst Street in Lebanon, NH is listed by Joe Flanagan of Coldwell Banker LIFESTYLES - Hanover (603-643-6406).
Owl's Nest Real Estate shows it through the PrimeMLS IDX feed; we are not the listing brokerage.
What kind of property is 16 Parkhurst Street?
16 Parkhurst Street in Lebanon, NH is a multi-family income property built in 1867.
The MLS lists its style as Farmhouse, Multi-Family, New Englander, with two stories.
Where is 16 Parkhurst Street located?
16 Parkhurst Street is in Lebanon, New Hampshire 03766, in Grafton County.
Location notes from the MLS: trail/near trail, walking trails, in town, near paths, near shopping and near public transit.
How much land comes with 16 Parkhurst Street?
16 Parkhurst Street in Lebanon, NH sits on 0.24 acres, per the MLS.
It has 89 feet of road frontage (paved and public maintained road).
Zoning: LD.
The MLS lists it as outside a flood zone.
How much are the property taxes on 16 Parkhurst Street?
Annual property taxes on 16 Parkhurst Street in Lebanon, NH are $10,233 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 Lebanon assessing office.
How is 16 Parkhurst Street heated?
16 Parkhurst Street in Lebanon, NH is heated by oil and steam, per the MLS.
The MLS lists no cooling system.
Does 16 Parkhurst Street have town water and sewer?
16 Parkhurst Street in Lebanon, NH has public water and public sewer, per the MLS.
MLS details — water: public; sewer: public.
Electric: 100 amp service and circuit breakers.
Other utilities: cable available.
Is there a basement at 16 Parkhurst Street?
Yes. 16 Parkhurst Street in Lebanon, NH has a basement with walk-up access.
The MLS describes it as concrete, unfinished and basement stairs.
Does 16 Parkhurst Street have a garage?
The MLS lists no garage at 16 Parkhurst Street in Lebanon, NH; parking is off a paved driveway.
Is 16 Parkhurst Street still available?
Yes. 16 Parkhurst Street in Lebanon, NH is listed as Active on PrimeMLS (MLS #5106772).
Status can change quickly; contact us to confirm availability before you visit.
How does the price of 16 Parkhurst Street compare with other Lebanon listings?
At $495,000, 16 Parkhurst Street in Lebanon, NH is priced below the $775,000 median asking price of the 7 multi-family properties for sale in Lebanon 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 16 Parkhurst Street?
To see 16 Parkhurst Street in Lebanon, 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.