7 Wallace St

Rochester, NH 03867

$1,895,000
Price
8
Beds
4
Baths
10,763 Sq. Ft.
$176 / Sq. Ft.
10,763
Sq. Ft.
$176
per Sq. Ft.
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Description

A rare downtown Rochester assemblage totaling 2.11± acres across two contiguous parcels (7 Wallace Street and 9, 10, 12 Hoyt Court). The portfolio includes 5 structures with approximately 10,763 SF of mixed residential, office, and industrial space, generating approximately $132,000 in gross annual income. The combined 2024 assessed value is $1,209,400. Located in the Downtown/Commercial zone with access to municipal water and sewer. Adjacent to City-owned land at 10 Wallace Street (~0.71 ac), creating...A rare downtown Rochester assemblage totaling 2.11± acres across two contiguous parcels (7 Wallace Street and 9, 10, 12 Hoyt Court). The portfolio includes 5 structures with approximately 10,763 SF of mixed residential, office, and industrial space, generating approximately $132,000 in gross annual income. The combined 2024 assessed value is $1,209,400. Located in the Downtown/Commercial zone with access to municipal water and sewer. Adjacent to City-owned land at 10 Wallace Street (~0.71 ac), creating potential assemblage of ~2.82± acres. Well-suited for continued income-producing use or redevelopment as senior housing, workforce multifamily, or mixed-use. Identified interest from private developers and the City of Rochester.
  1. Listed by Deana Arden • NAI Norwood Group
  2. Listed by Jessie Gilton • NAI Norwood Group

Property Details for 7 Wallace Street

Zoning
DT
LISTING UPDATED: 07/06/2026 08:28 PM

Property Details for 7 Wallace Street

StatusActive
MLS #5097914
Days on Market4
Taxes$18,504 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1900
Lot Size2.11 AC / 91,911 SF
CountyStrafford County
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Location

Listing Courtesy of NAI Norwood Group
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Building Information for 7 Wallace Street

Stories2Residences5Year Built1900Building Size-Lot Size2.11 AC / 91,911 SF

Payment Calculator

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$10,985 per month

30 year fixed, 6.36% Interest

Principal and Interest

$9,443

Property Taxes

$1,542

HOA Dues

$0

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Property Information for 7 Wallace Street

Summary
Location and General Information
  • City: Rochester
  • County: NH-Strafford
  • Directions: From the Spaulding Turnpike (NH-16), take Exit 13 for Route 202/202A toward Downtown Rochester. Follow South Main Street into downtown, then turn onto Wallace Street. The property is on the left.
  • Latitude: 43.303545807700715
  • Longitude: -70.971880779098512
  • Road Frontage: Yes
  • Seasonal: Unknown
  • State: NH
  • Street Designation: Street
  • Map: 0120
  • Zip Code: 03839
Taxes and HOA Information
  • Tax Year: 2024
  • Taxes TBD: No
Parking
  • Garage: Yes
  • Garage Capacity: 1.00
  • Driveway: Other
Property
Lot Information
  • Block: 0000
  • Lot: 0303
  • Lot Features: Other
  • Lot Size Acres: 2.11
  • Road Frontage Length: 267.0
  • Total Finished Area: 10763.0
  • Above Grade Finished Area: 10763.0
  • Above Grade Finished Area Source: Other
  • Above Grade Unfinished Area: 0.0
  • Below Grade Finished Area: 0.0
  • Below Grade Unfinished Area: 0.0
  • Lot Size Square Feet: 91912.0
  • Total Area: 10763.0
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: Unknown
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1900
Utilities
  • Electric: Other
  • Sewer: Public
  • Water Source: Public
  • Utilities: Other
  • Internet: Unknown
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Roof: Asphalt Shingle
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Other
  • Heating: Oil, Electric, Forced Air, Radiant
  • Cooling: None
  • Total Stories: 2
Multi Family
Multi-Family Information
  • Total Units: 5
  • Total 1 BR Units: 0
  • Total 2 BR Units: 1
  • Total 3+ BR Units: 2
Unit Information
Unit 1
  • Unit 1 Style: Single Family
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 3
  • Unit 1 Rooms: 4
Unit 2
  • Unit 2 Style: Duplex
  • Unit 2 Baths: 2
  • Unit 2 Rooms: 4
  • Unit 2 Bedrooms: 2
Unit 3
  • Unit 3 Baths: 1
  • Unit 3 Rooms: 4
  • Unit 3 Style: Single Family
  • Unit 3 Bedrooms: 3

Property History for 7 Wallace Street

DateEvent & SourcePriceAppreciation
Jul 2, 2026

Listed (Active)

New England Real Estate Network #5097914

$1,895,000—
Jun 21, 2018

Sold (Public Record)

Public Record #625340751

$29,067—
DateEvent & SourcePrice
07/02/2026

Listed (Active)

New England Real Estate Network #5097914

$1,895,000
06/21/2018

Sold (Public Record)

Public Record #625340751

$29,067

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

Public Records for 7 Wallace Street

Taxable ValueLand$368,200Additions$143,800Total$512,000
Tax Record2025$7,834 ($653 / month)
Home Facts
Baths1Total Finished SqFt2,771 SqFtAbove Grade Finished SqFt2,771 SqFtStories1Lot Size30,928 SqFtStyleMiscellaneous CommercialYear Built1960ZoningDTCCountySTRAFFORDAPNRCHE M:0120 B:0303 L:0000

Schools near 7 Wallace Street

This home is within Rochester School District.
Rating
School
Type
Grades
Distance
School Street School
Public - K to 4
Rochester Middle School
Public - 6 to 8
Spaulding High School
Public - 9 to 12
Maple Street Magnet School
Public - K to 5
Rating
School
Distance
School Street School
PublicK to 4

Rochester Middle School
Public6 to 8

Spaulding High School
Public9 to 12

Maple Street Magnet 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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More information about 7 Wallace Street, Rochester, NH 03867

7 Wallace Street is a multi-family home for sale in Rochester, NH 03867. This property was listed for sale on July 2, 2026 by NAI Norwood Group, it's currently listed at $1,895,000. It has been on the market for a total of 4 days and was last sold on June 21, 2018. This listing's school district is Rochester School District. Nearby schools include School Street School, Rochester Middle School and Spaulding High School. 7 Wallace Street is a 8-bed, 4-bath, 10,763 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NAI Norwood Group

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is 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 07/06/2026 06:41 PM