383 Manchester Street, Manchester, NH
Residential Income
Listed by Gray Property Group, LLC · Nick Gray
Property Description
383 Manchester Street brings a residential income to the Manchester market at $629,000. Inside you'll find 1,692 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: 1898 construction and roughly $372 per square foot. The full photo gallery, live pricing and every MLS detail for 383 Manchester Street follow below.
Well-maintained 3-unit multifamily property located on the East Side of Manchester, offering three 2-bedroom units with functional layouts and in-unit washer/dryer hookups. The interiors are serviceable and easy to maintain, suited for consistent tenant demand. Each unit is separately metered, with tenants responsible for natural gas (heat) and electricity (hot water, lights, and plugs), helping to keep operating expenses low, while the landlord covers water and sewer. The property offers off-street parking for 3 vehicles via an easement with the adjacent 379 Manchester Street, along with additional street parking. Current rents are ~$1,750 per unit per month, generating ~$63K/year in gross income and an estimated ~$42K in net operating income. This property is also available as part of a 9-unit package opportunity with two adjacent multifamily properties at 377 and 379 Manchester Street (3 units each, and 9-10 off-street parking spaces in a contiguous lot), offering investors the ability to scale efficiently within a single location. Whether purchased individually or as part of the package, this property represents a stable investment with in-place income and ease of management.
Location Highlights
383 Manchester Street is a residential income in Manchester, New Hampshire, listed at $629,000. That works out to about $372 per square foot, for a home built in 1898. It has been on the market for 5 months.
At this latitude, Manchester averages roughly 8.3 hours of sun a day in June and 3.6 in December.
Property Details
Essentials & finishes
- SqFt:1,692
- Price / SqFt:$371.75
- Property Type:Residential Income
- Year Built:1898
- County:NH-Hillsborough
- Town:Manchester, NH
- Status:Active
- Days on Market:163
Primary Features
Interior Features
Financial Details
Additional
External Features
Property History
Annual taxes for this property
| Year | Assessed Tax |
|---|---|
| 2024 | $10,693 |
| 2023 | $10,426 |
| 2022 | $10,158 |
Estimated from list price; verify with the town assessor.
Market Data
Live snapshot computed from active listings in this town
- Active listings in Manchester138
- Average list price$447,142
- Price range$220,000 – $625,000
Mortgage Calculator
Estimate your monthly payment for this home
- Principal & Interest$3,181
- Property Tax$891
- Home Insurance$131
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 383 Manchester Street, Manchester, NH
Questions About This Listing
How big is 383 Manchester Street?
It offers 1,692 square feet of living space.
What kind of property is 383 Manchester Street?
Residential income in Manchester, New Hampshire, built in 1898.
What is the asking price of 383 Manchester Street?
383 Manchester Street in Manchester, NH is listed at $629,000.
That works out to about $372 per square foot.
What is the MLS number for 383 Manchester Street?
The MLS number is #5082086 (PrimeMLS), listed on April 3, 2026.
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