Listed by EXP Realty · AJ Pappas · Cell: 978-270-5225
Residential Income · Manchester, NH
494 Wilson Street, Manchester, NH
$1,050,000
$1,075,000 · changed Oct 22, 2026
Est. $5,309/mo · 20% down, 30-yr, 6.5% (Owl’s Nest Real Estate estimate, not MLS data)
- Sq Ft
- 5,884
- Built
- 1883
- MLS®
- #5106468
Property Description
494 Wilson Street brings a multi-family income property to the Manchester market at $1,050,000. Inside you'll find 5,884 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 0.06-acre lot, 1883 construction and roughly $178 per square foot. The full photo gallery, live pricing and every MLS detail for 494 Wilson Street follow below.
True 8.7% Cap Rate at current list price. UNUSUALLY LOW EXPENSES. All units have separate, tenant-paid utilities. Landlord only pays minimal common area power/water. FOR INVESTORS: Verified T12 financial data reveals a strong 8.71% Cap Rate at $1,050,000. Gross Potential Rent: $123,600 | EGI: $119,700 | Total OpEx: $28,225 | Net Operating Income: $91,475. Actual P&L statement available in MLS documents.
Location Highlights
494 Wilson Street is a residential income in Manchester, New Hampshire, listed at $1,050,000. That works out to about $178 per square foot, for a home built in 1883. It has been on the market for 2 months.
At this latitude, Manchester 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
- 5,884
- Price / SqFt
- $178.45
- Property Type
- Residential Income
- Year Built
- 1883
- County
- NH-Hillsborough
- Town
- Manchester, NH
- Status
- Active
- Days on Market
- 64
Primary Features
- County
- NH-Hillsborough
- Property Type
- Residential Income
- Year Built
- 1883
- Zoning
- RES 4-8UNIT MDL-03
Interior Features
- Basement
- Yes
- Basement Access Type
- Walk-up
- Basement Description
- Dirt
- Cooling
- None
- Electric
- 60 Amp Service
- Heating
- Baseboard, Natural Gas
- SqFt-Approximate Finished Above Grade
- 5,884
- SqFt-Approximate Finished Below Grade
- 0
- SqFt Approximate Total Finished
- 5,884
- SqFt Approximate Total
- 7,781
Financial Details
- Tax - Gross Amount
- $11,425
- Tax Year
- 2025
- Taxes TBD
- No
Additional
- Construction Status
- Existing
- Construction
- Other, Vinyl Siding
- Covenants
- Unknown
- Flood Zone
- No
- Pre-Construction
- No
- Seasonal
- No
- Total Stories
- 2.5
- Surveyed
- Unknown
External Features
- Driveway
- None
- Foundation
- Other
- Garage
- No
- Lot Features
- Sidewalks
- Lot - Acres
- 0.06
- Lot - SqFt
- 2,614
- Road Frontage Type
- Public
- Road Frontage
- TBD
- Roof
- Membrane, Rolled/Hot Mop
- Sewer
- Public
- Utilities
- Cable
- Water Source
- Public
MLS®: PrimeMLS #5106468; Listed by EXP Realty · AJ Pappas · Cell: 978-270-5225
Property History
Estimated annual taxes for this property
- 2024
- $17,850
- 2023
- $17,404
- 2022
- $16,958
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 Manchester
- 178
- Average list price
- $516,308
- Price range
- $175,000 – $825,000
Mortgage Calculator
Estimate your monthly payment for this home
Estimated Monthly Payment
$7,016/ mo
- Principal & Interest
- $5,309
- Property Tax
- $1,488
- Home Insurance
- $219
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 494 Wilson Street, Manchester, NH
Source: Google Maps Platform (Places) and Owl’s Nest Real Estate — not PrimeMLS data.
Questions About This Listing
How big is 494 Wilson Street?
494 Wilson Street in Manchester, NH has 5,884 square feet of finished living space.
What is the asking price of 494 Wilson Street?
494 Wilson Street in Manchester, NH is listed for $1,050,000 on PrimeMLS.
That is about $178 per square foot of finished living space.
It came on the market on August 24, 2026.
How much are the property taxes on 494 Wilson Street?
Annual property taxes on 494 Wilson Street in Manchester, NH are $11,425 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 Manchester assessing office.
How is 494 Wilson Street heated?
494 Wilson Street in Manchester, NH is heated by baseboard and natural gas, per the MLS.
The MLS lists no cooling system.
Does 494 Wilson Street have town water and sewer?
494 Wilson Street in Manchester, NH has public water and public sewer, per the MLS.
MLS details — water: public; sewer: public.
Electric: 60 amp service.
Other utilities: cable.
Is there a basement at 494 Wilson Street?
Yes. 494 Wilson Street in Manchester, NH has a basement with walk-up access.
The MLS describes it as dirt.
Is 494 Wilson Street still available?
Yes. 494 Wilson Street in Manchester, NH is listed as Active on PrimeMLS (MLS #5106468).
Status can change quickly; contact us to confirm availability before you visit.
Who is the listing agent for 494 Wilson Street?
494 Wilson Street in Manchester, NH is listed by AJ Pappas of EXP Realty (888-398-7062).
Owl's Nest Real Estate shows it through the PrimeMLS IDX feed; we are not the listing brokerage.
What kind of property is 494 Wilson Street?
494 Wilson Street in Manchester, NH is a multi-family income property built in 1883.
The MLS lists its style as Apartment Building, with 2.5 stories.
Where is 494 Wilson Street located?
494 Wilson Street is in Manchester, New Hampshire 03103, in Hillsborough County.
Location notes from the MLS: sidewalks.
How much land comes with 494 Wilson Street?
494 Wilson Street in Manchester, NH sits on 0.06 acres, per the MLS.
Zoning: RES 4-8UNIT MDL-03.
The MLS lists it as outside a flood zone.
How does the price of 494 Wilson Street compare with other Manchester listings?
At $1,050,000, 494 Wilson Street in Manchester, NH is priced above the $649,900 median asking price of the 55 multi-family properties for sale in Manchester 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 494 Wilson Street?
To see 494 Wilson Street in Manchester, 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.