383 Manchester St

2,580 Sq. Ft.
$252 / Sq. Ft.
2,580
Sq. Ft.
$252
per Sq. Ft.

Description

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...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.
  1. Listed by Nick Gray • Gray Property Group, LLC
  2. Listed by Matthew Dennehy • Imperial Properties

Property Details for 383 Manchester Street

Water View
No
Waterfront Property
No
Zoning
MX-2
LISTING UPDATED: 04/15/2026 09:27 PM

Property Details for 383 Manchester Street

StatusActive
MLS #5082086
Days on Market20
Taxes$5,878 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1898
Lot Size0.07 AC / 3,049 SF
CountyHillsborough County

Location

Listing Courtesy of Gray Property Group, LLC; Imperial Properties
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Building Information for 383 Manchester Street

Stories2Residences3Year Built1898Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$3,763 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,273

Property Taxes

$490

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 383 Manchester Street

Summary
Location and General Information
  • City: Manchester
  • County: NH-Hillsborough
  • Latitude: 42.990059000001004
  • Longitude: -71.449847000000005
  • Road Frontage: Yes
  • Seasonal: No
  • State: NH
  • Street Designation: Street
  • Map: 127
  • Zip Code: 03103
Taxes and HOA Information
  • Tax Year: 2025
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Paved
Property
Lot Information
  • Block: 1
  • Lot: 47
  • Lot Features: City Lot
  • Lot Size Acres: 0.07
  • Road Frontage Length: 35.0
  • Water Body Access: No
  • Total Finished Area: 2580.0
  • Above Grade Finished Area: 1692.0
  • Above Grade Finished Area Source: Assessor
  • Above Grade Unfinished Area: 0.0
  • AboveGradeUnfinishedAreaSource: Assessor
  • Below Grade Finished Area: 888.0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Unfinished Area: 0.0
  • BelowGradeUnfinishedAreaSource: Assessor
  • Lot Size Square Feet: 3049.0
  • Total Area: 2580.0
Property and Assessments
  • Current Use: No
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Easements: Yes
  • Flood Zone: No
  • PreConstruction: No
  • Surveyed: No
  • Year Built: 1898
Utilities
  • Electric Company: Eversource
  • Cable Company: Xfinity
  • Fuel Company: Liberty Utilities
  • Electric: 100 Amp Service
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable
  • Total Gas Meters: 3
  • Total Electric Meters: 4
  • Separate Utilities: Yes
  • Internet: Cable Internet
  • Water Company: Manchester Waterworks
Interior and Exterior Features
Exterior Features
  • Construction Materials: Timber Frame, Vinyl Siding
  • Roof: Asphalt Shingle
  • Total Ranges: 3
Interior Features
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Concrete Floor
  • Total Full Baths: 3
  • Heating: Forced Air, Hot Air
  • Cooling: None
  • Total Refrigerators: 3
  • Total Stories: 2.5
  • Total Water Heaters: 3
  • Trash: Municipal
Multi Family
Income & Expenses Information
  • Gross Income: $63,120.00
  • Net Income: $42,384.00
  • Operating Expense Incl: Insurance, Maintenance, Professional Management, Other, Sewer, Snow Removal, Trash, Utilities, Water, Water/Sewer
  • Operating Expense: $18,257
Multi-Family Information
  • Total Units: 3
  • Total 1 BR Units: 0
  • Total 2 BR Units: 3
  • Total 3+ BR Units: 0
  • Total Heat Units: 3
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Rooms: 5
  • Unit 1 Tenant Pays: Electric, Heat, Hot Water
Unit 2
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 5
  • Unit 2 Bedrooms: 2
  • Unit 2 Tenant Pays: Electric, Heat, Hot Water
Unit 3
  • Unit 3 Baths: 1
  • Unit 3 Rooms: 5
  • Unit 3 Bedrooms: 2
  • Unit 3 Tenant Pays: Electric, Heat, Hot Water

Property History for 383 Manchester Street

DateEvent & SourcePriceAppreciation
Apr 1, 2026

Listed (Active)

New England Real Estate Network #5082086

$650,000—
Nov 26, 2025

Sold (Public Record)

Public Record #1922986775

$526,000

+13.6% / yr

Nov 13, 2025

Expired

New England Real Estate Network #5062738

—
DateEvent & SourcePrice
04/01/2026

Listed (Active)

New England Real Estate Network #5082086

$650,000
11/26/2025

Sold (Public Record)

Public Record #1922986775

$526,000

+13.6% / yr

11/13/2025

Expired

New England Real Estate Network #5062738

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 383 Manchester Street

Taxable ValueLand$80,000Additions$210,400Total$290,400
Tax Record2024$5,686 ($474 / month)
Home Facts
Baths3Total Finished SqFt1,260 SqFtAbove Grade Finished SqFt1,260 SqFtStories2Lot Size3,136 SqFtStyleTriplexYear Built1898CountyHILLSBOROUGHAPNMNCH M:0127 B:000 L:0047

Schools near 383 Manchester Street

This home is within Manchester School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Mcdonough School
PublicPK to 4

Hillside Middle School
Public5 to 8

Manchester Central High School
Public9 to 12

Henry Wilson Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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383 Manchester Street is a multi-family home for sale in Manchester, NH 03103. This property was listed for sale on April 1, 2026 by Gray Property Group, LLC, it's currently listed at $650,000. It has been on the market for a total of 20 days and was last sold on November 26, 2025. This listing's school district is Manchester School District. Nearby schools include Mcdonough School, Hillside Middle School and Manchester Central High School. 383 Manchester Street is a 6-bed, 3-bath, 2,580 sqft multi-family home built in 1898.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gray Property Group, LLC; Imperial Properties

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