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379 Manchester Street, Manchester, NH, 03103

--beds
--baths
2,498sqft
$555,000
$222price/sqft
$4,257/moest. monthly cost
$170,280/yrincome needed

About This Home

Well-maintained 3-unit multifamily property located on the East Side of Manchester, offering three 1-bedroom units with functional layouts. 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, along with additional street parking. Current rents are ~$1,430 per unit per month, generating ~$52K/year in gross income and an estimated ~$32K 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 383 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.

Getting Around

85
WalkingVery Walkable
0
TransitVery Limited Transit
57
BikeBikeable

Schools

4/10
Mcdonough SchoolGrades PK-50.6 mi
4/10
Hillside Middle SchoolGrades 6-80.7 mi
3/10

Construction

Condition

  • Year built: 1898

Materials

  • Foundation: Fieldstone
  • Roof: Tar/Gravel
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Concrete Floor,Unfinished,Walk-Up Access

Bedrooms & Bathrooms

  • Full bathrooms: 3

Features

  • Flooring: Carpet,Vinyl Plank
  • Finished area below ground: 0
  • Finished area above ground: 2,498

Heating & Cooling

  • Heating features: Forced Air,Hot Air
  • Cooling features: None

Interior Area

  • Total structure area: 3,473
  • Total interior livable area: 2,498 sqft

Property

Details

  • Parcel number: MNCHM0127B000L0048
  • Zoning description: MX-2

Features

  • Levels: 3
  • Patio & porch: Enclosed Porch
  • Frontage length: Road frontage: 35

Lot

  • Lot size: 3,049 sqft
  • Features: City Lot

Parking

  • Parking features: Paved,Off Street

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

  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Lightning
Strong Wind
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 $2,806$33,672
Home Insurance $161$1,932
Property Taxes $925$11,100
Electricity $365$4,389
Total$4,257$51,084

Income You'd Need if You Spent...

35% on housing$145,954/yr
40% on housing$127,710/yr
45% on housing$113,520/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

$222This listing

vs Other Active Listings

Avg $/sqft

ZIP 03103$209
Hillsborough County$264

vs Homes Sold Last Month

Median $/sqft

ZIP 03103$283
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)

Price History

DateEventPrice
2026-04-24Listed for sale$575,000
2025-12-02Sold$576,000
2025-10-03Price change$525,000
2025-09-24Listed for sale$599,000
2021-06-15Sold$200,000
2018-02-01Listing removed$189,000
2017-07-30Price change$189,000
2017-02-12Listed for sale$199,000
2016-08-01Listing removed$196,900
2016-01-06Price change$196,900
2015-05-23Price change$198,900
2014-08-20Price change$199,900
2014-06-10Listed for sale$220,000
1998-12-07Sold$95,000

For Sale by Agent

AgentNick Gray
BrokerageGray Property Group, LLC

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