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Listed by RE/MAX Upper Valley · Jenna Luce · 603-298-8900

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273 Heater Road, Lebanon, NH

Residential Income

For SaleActive

Listed by RE/MAX Upper Valley · Jenna Luce · 603-298-8900

2,568 ft²|Built 2021|Lebanon

Property Description

Welcome to 273 Heater Road, a residential income 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: garage parking for 2, 2021 construction and roughly $368 per square foot. 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 3 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:78

Primary Features

CountyNH-Grafton
Property TypeResidential Income
Year Built2021
ZoningR1

Interior Features

BasementNo
CoolingNone
ElectricCircuit Breakers
FlooringVinyl Plank
HeatingBaseboard, Propane
SqFt-Approximate Finished Above Grade2,568
SqFt-Approximate Finished Below Grade0
SqFt Approximate Total Finished2,568
SqFt Approximate Total2,568

Location Information

School - DistrictLebanon Sch District SAU #88
School - ElementaryHanover Street School
School - HighLebanon High School
School - Middle/JrLebanon Middle School

Financial Details

Tax - Gross Amount$14,819
Tax Year2025
Taxes TBDNo

Additional

Construction StatusExisting
ConstructionWood Frame
CovenantsUnknown
Flood ZoneNo
Pre-ConstructionNo
SeasonalNo
Total StoriesTwo
SurveyedUnknown

External Features

Colorwhite
DrivewayPaved
FoundationConcrete
GarageYes
Garage Capacity2
Lot FeaturesCity Lot, Sidewalks, Near Paths, Near School(s)
Lot - Acres0.17
Lot - SqFt7,405
ParkingParking Spaces 3, Paved
Road Frontage TypePublic
Road FrontageYes
Road Frontage Length100
RoofAsphalt Shingle
SewerPublic
UtilitiesPropane
Water SourcePublic
MLS®: PrimeMLS #5099355; Listed by RE/MAX Upper Valley · Jenna Luce · 603-298-8900

Property History

Estimated annual taxes for this property

YearEst. Tax
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 Lebanon50
  • Average list price$613,992
  • Price range$69,900 – $2,900,000

Mortgage Calculator

Estimate your monthly payment for this home

20%
Loan Term
6.5%
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, NHSource: Google Maps Platform (Places) and Owl’s Nest Real Estate — not PrimeMLS data.

ElementaryHanover Street School
MiddleLebanon Middle School
High SchoolLebanon High School
DistrictLebanon Sch District SAU #88
$945,000/ Asking Price
For SaleActive

Listed by RE/MAX Upper Valley · Jenna Luce · 603-298-8900

Est. $4,778 / mo20% down · 30yr · 6.5%

Owl’s Nest Real Estate estimate, not MLS data.

Tom DeMatteo

Tom DeMatteo

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Questions About This Listing

What type of home is 273 Heater Road?

Residential income in Lebanon, New Hampshire, built in 2021.

How many bedrooms and bathrooms does 273 Heater Road have?

It offers 2,568 square feet of living space.

What area is 273 Heater Road in?

The property is in Lebanon, New Hampshire (03766).

How much does 273 Heater Road cost?

273 Heater Road in Lebanon, NH is listed at $945,000.

That works out to about $368 per square foot.

PrimeMLS

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 10/06/26.