Listed by RE/MAX Upper Valley · Jenna Luce · 603-298-8900
Residential Income · Lebanon, NH
273 Heater Road, Lebanon, NH
$945,000
$995,000 · changed Aug 6, 2026
Est. $4,778/mo · 20% down, 30-yr, 6.5% (Owl’s Nest Real Estate estimate, not MLS data)
- Sq Ft
- 2,568
- Built
- 2021
- MLS®
- #5099355
Property Description
Welcome to 273 Heater Road, a multi-family income property in Lebanon, New Hampshire. The home offers 2,568 square feet of living space, listed at $945,000. As a multi-unit property it works two ways: live in one unit while the others pay the mortgage, or run the whole building as an investment. The numbers worth knowing: a 0.17-acre lot, garage parking for 2 and 2021 construction. See the listing's full details below, and reach out for a private showing of 273 Heater Road.
Exceptional Investment Opportunity! Built in 2021, this turnkey duplex is a proven income-producing property in one of Lebanon's most desirable locations. Conveniently situated just off Exit 18, you're only minutes from Dartmouth Hitchcock Medical Center, downtown Lebanon, and local schools. The property features two thoughtfully designed units with separate utilities for each. One spacious unit offers 4 bedrooms and 2 bathrooms, while the second includes 2 bedrooms and 2 bathrooms, making it ideal for a variety of rental opportunities. A two-car garage adds additional value and convenience. Offered fully furnished, this property is ready to continue generating income from day one. With an impressive $88,000 in gross rental income last year, it has an established track record as a successful investment. Whether you're looking to expand your portfolio or purchase a high-performing income property, this is an opportunity you won't want to miss. Schedule your showing today before this exceptional investment slips away!
Location Highlights
273 Heater Road is a residential income in Lebanon, New Hampshire, listed at $945,000. That works out to about $368 per square foot, for a home built in 2021. It has been on the market for 4 months.
From here it is 28.9 miles to Downtown Plymouth / Main Street and 33.3 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.
Zoned schools in the Lebanon Sch District SAU #88: Hanover Street School (Elementary), Lebanon Middle School (Middle), Lebanon 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
- 2,568
- Price / SqFt
- $367.99
- Property Type
- Residential Income
- Year Built
- 2021
- County
- NH-Grafton
- Town
- Lebanon, NH
- Status
- Active
- Days on Market
- 92
Primary Features
- County
- NH-Grafton
- Property Type
- Residential Income
- Year Built
- 2021
- Zoning
- R1
Interior Features
- Basement
- No
- Cooling
- None
- Electric
- Circuit Breakers
- Flooring
- Vinyl Plank
- Heating
- Baseboard, Propane
- SqFt-Approximate Finished Above Grade
- 2,568
- SqFt-Approximate Finished Below Grade
- 0
- SqFt Approximate Total Finished
- 2,568
- SqFt Approximate Total
- 2,568
Location Information
- School - District
- Lebanon Sch District SAU #88
- School - Elementary
- Hanover Street School
- School - High
- Lebanon High School
- School - Middle/Jr
- Lebanon Middle School
Financial Details
- Tax - Gross Amount
- $14,819
- Tax Year
- 2025
- Taxes TBD
- No
Additional
- Construction Status
- Existing
- Construction
- Wood Frame
- Covenants
- Unknown
- Flood Zone
- No
- Pre-Construction
- No
- Seasonal
- No
- Total Stories
- Two
- Surveyed
- Unknown
External Features
- Color
- white
- Driveway
- Paved
- Foundation
- Concrete
- Garage
- Yes
- Garage Capacity
- 2
- Lot Features
- City Lot, Sidewalks, Near Paths, Near School(s)
- Lot - Acres
- 0.17
- Lot - SqFt
- 7,405
- Parking
- Parking Spaces 3, Paved
- Road Frontage Type
- Public
- Road Frontage
- Yes
- Road Frontage Length
- 100
- Roof
- Asphalt Shingle
- Sewer
- Public
- Utilities
- Propane
- Water Source
- Public
MLS®: PrimeMLS #5099355; Listed by RE/MAX Upper Valley · Jenna Luce · 603-298-8900
Property History
Estimated annual taxes for this property
- 2024
- $16,065
- 2023
- $15,663
- 2022
- $15,262
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
$6,314/ mo
- Principal & Interest
- $4,778
- Property Tax
- $1,339
- Home Insurance
- $197
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 273 Heater Road, Lebanon, NH
Assigned Schools
- Elementary
- Hanover Street School
- Middle
- Lebanon Middle School
- High School
- Lebanon High School
- District
- Lebanon Sch District SAU #88
Source: Google Maps Platform (Places) and Owl’s Nest Real Estate — not PrimeMLS data.
Questions About This Listing
How much does 273 Heater Road cost?
273 Heater Road in Lebanon, NH is listed for $945,000 on PrimeMLS.
That is about $368 per square foot of finished living space.
It came on the market on July 11, 2026.
How big is 273 Heater Road?
273 Heater Road in Lebanon, NH has 2,568 square feet of finished living space.
What school district is 273 Heater Road in?
The MLS places 273 Heater Road in Lebanon, NH in the Lebanon Sch District SAU #88.
Listed schools: Hanover Street School (elementary), Lebanon Middle School (middle) and Lebanon High School (high).
School assignments can change; confirm with the district.
Is 273 Heater Road still for sale?
Yes. 273 Heater Road in Lebanon, NH is listed as Active on PrimeMLS (MLS #5099355).
Status can change quickly; contact us to confirm availability before you visit.
Which brokerage has 273 Heater Road listed?
273 Heater Road in Lebanon, NH is listed by Jenna Luce of RE/MAX Upper Valley (603-298-8900).
Owl's Nest Real Estate shows it through the PrimeMLS IDX feed; we are not the listing brokerage.
What type of home is 273 Heater Road?
273 Heater Road in Lebanon, NH is a multi-family income property built in 2021.
The MLS lists its style as Duplex, with two stories.
What town is 273 Heater Road in?
273 Heater Road is in Lebanon, New Hampshire 03766, in Grafton County.
Location notes from the MLS: sidewalks, near paths and near school(s).
What is the lot size of 273 Heater Road?
273 Heater Road in Lebanon, NH sits on 0.17 acres, per the MLS.
The lot is described as city lot.
It has 100 feet of road frontage (public).
Zoning: R1.
The MLS lists it as outside a flood zone.
What are the annual property taxes for 273 Heater Road?
Annual property taxes on 273 Heater Road in Lebanon, NH are $14,819 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.
What heating and cooling does 273 Heater Road have?
273 Heater Road in Lebanon, NH is heated by baseboard and propane, per the MLS.
The MLS lists no cooling system.
What are the water and sewer systems at 273 Heater Road?
273 Heater Road in Lebanon, NH has public water and public sewer, per the MLS.
MLS details — water: public; sewer: public.
Electric: circuit breakers.
Other utilities: propane.
Does 273 Heater Road have a basement?
No. The MLS lists no basement at 273 Heater Road in Lebanon, NH.
What parking does 273 Heater Road have?
273 Heater Road in Lebanon, NH has a 2-car garage and a paved driveway.
Parking details: parking spaces 3 and paved.
How does the price of 273 Heater Road compare with other Lebanon listings?
At $945,000, 273 Heater Road in Lebanon, NH is priced above 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 can I see 273 Heater Road in person?
To see 273 Heater Road 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.