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485 Pine Street, Manchester, NH, 03104

9beds
3baths
3,233sqft
$575,000
$178price/sqft
$4,455/moest. monthly cost
$178,200/yrincome needed

About This Home

RARE OPPORTUNITY to own a well-maintained three-family in a convenient Manchester location! Whether you're looking to expand your investment portfolio or offset your mortgage as an owner-occupant, this property offers exceptional flexibility and long-term value. The building is filled with natural light, features three spacious 1000+ SF 3-bedroom units, each with its own designated storage area. Unit 2 is TURNKEY, having recently been vacated, painted, and newly replaced carpeting, making it ideal for an owner-occupant or leasing at current market rents. Recent capital improvements include the professional rebuild of all porches, along with new carpeting and fresh paint in Unit 1. Additional features include vinyl siding and vinyl windows (2019), individual hot water tanks for each unit, and three off-street parking spaces. A gas line is already available in the basement for easy conversion if the new owner wants, offering flexibility for future improvements. Conveniently located just minutes from downtown Manchester, hospitals, shopping, restaurants, parks, public transportation, and major commuter routes, this property benefits from strong tenant demand. Whether you're looking to house hack, add an income-producing asset to your portfolio, or secure a well-maintained multifamily with immediate flexibility and long-term potential, 485 Pine Street is an opportunity you won't want to miss! Current approved COC on file! Showings begin at the open houses Saturday 8/1 & Sunday 8/2 from 11A-1P. Offer Deadline Tuesday 8/4 at 12 pm.

Getting Around

94
WalkingWalker's Paradise
0
TransitVery Limited Transit
54
BikeBikeable

Schools

4/10
Hillside Middle SchoolGrades 5-80.8 mi
3/10
4/10
Mcdonough SchoolGrades PK-41.0 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Stone
  • Roof: Asphalt Shingle
  • Construction materials: Wood Frame,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Interior Stairs,Storage Space,Unfinished,Basement Stairs,Interior Entry

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Window features: Screens,Double Pane Windows
  • Flooring: Carpet,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 3,233

Heating & Cooling

  • Heating features: Oil,Steam
  • Cooling features: None

Interior Area

  • Total structure area: 4,529
  • Total interior livable area: 3,233 sqft

Property

Details

  • Parcel number: MNCHM0005B000L0016
  • Zoning description: R-3

Features

  • Levels: 3,Tri-Level
  • Patio & porch: Covered Porch
  • Frontage length: Road frontage: 42

Lot

  • Lot size: 3,049 sqft
  • Features: City Lot,Corner Lot,Sidewalks,Near Shopping,Near Public Transit,Near Hospital,Near School(s)

Parking

  • Total spaces: 3
  • Parking features: Paved,Driveway,Off Street,Parking Spaces 3
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Ice Storm
Lightning
Winter Weather

FEMA Declared Disasters Across New Hampshire Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,907$34,884
Home Insurance $157$1,884
Property Taxes $918$11,016
Electricity $473$5,681
Total$4,455$53,460

Income You'd Need if You Spent...

35% on housing$152,742/yr
40% on housing$133,650/yr
45% on housing$118,800/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.3%
9.3%
0%30.0%
Electricity Growth Rate10-year average: 8.6%
8.6%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$178This listing

vs Other Active Listings

Avg $/sqft

ZIP 03104$239
Hillsborough County$264

vs Homes Sold Last Month

Median $/sqft

ZIP 03104$279
Hillsborough County$277

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-05Pending sale$624,900
2026-08-01Listed for sale$575,000
2019-03-14Sold$331,000
2019-02-10Pending sale$324,900
2019-01-23Listed for sale$324,900
2018-12-18Listing removed$324,900
2018-11-09Listed for sale$324,900
2018-07-03Sold$126,000
2018-05-16Listed for sale$120,000
1997-11-10Sold$64,500

For Sale by Agent

AgentMatthew-John G Graves
BrokerageRE/MAX Synergy

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