Browse All Rochester NH Multi-Family Properties for Sale

Fully renovated in 2020, this mixed-use downtown property features a ground-floor commercial space and a second-floor residential apartment. This is the perfect opportunity for someone's new business venture with a currently built out hair salon operating on the ground floor. The comprehensive overhaul updated all core infrastructure, including the electrical, plumbing, heating, windows, roof, siding, and decks. Inside and out, the building offers standout finishes from bold blue vinyl siding and custom exterior trim to recessed lighting, luxury vinyl flooring, and energy-efficient mini-split heating and cooling systems. Fully separated utilities (including water and sewer) ensure minimal overhead and make it an ideal, low-maintenance setup for a triple-net (NNN) lease. Situated on an oversized 0.20-acre lot in downtown Rochester, the DTC zoning carries no density restrictions, unlocking potential space to develop an additional 7+ residential units or condos. Located in a Opportunity Zone, this property combines immediate functionality with exceptional long-term investment upside in the heart of Rochester.

45 Hanson St, Rochester

$410,000

5107648 MLS

Great opportunity to own a well-maintained two-family property in Rochester. Both units offer two bedrooms, with the vacant unit featuring two baths and the occupied unit offering one full bath. The vacant unit has just undergone an extensive cosmetic refresh and is move-in ready, offering flexibility for an owner-occupant or an opportunity to establish a new tenancy. The second unit is currently occupied with a tenant on a month-to-month lease. Each unit offers its own private outdoor space with a separate fenced backyard, as well as separate driveway access and dedicated storage. Unit 19 has its driveway and storage garage located on May Street, while Unit 17 has its driveway and storage shed located on Upham Street. With one refreshed unit immediately available and the second unit already occupied, this property offers flexibility for both owner-occupants and investors. Convenient Rochester location with easy access to local amenities, shopping, dining, and commuter routes. A great opportunity to add a versatile two-family property to your portfolio or make it your next home while generating rental income.

17-19 Upham St, Rochester

$425,000

5106692 MLS

**Investment opportunity at 6 Church Street in Gonic!** This established two-unit duplex offers approximately 1,884 square feet of living space with 5 bedrooms and 2 total bathrooms, making it an attractive option for investors or owner-occupants. First floor unit is currently occupied at a below-market rent, while the second unit is vacant, creating immediate flexibility for the next owner. Live in one unit and offset housing costs with rental income, or lease the vacant unit and work toward increasing the property's overall income potential. Tenants pay their own heat and electricity, helping keep owner-paid operating expenses more manageable. The property features separate living spaces, a large covered front porch, off-street parking, an unfinished basement for additional storage and a manageable lot. The current owners have completed a number of improvements over the years, including electrical work, driveway replacement, heating-system improvements, blown in insulation, and roof replacement in 2019. Conveniently located in Gonic with easy access to downtown Rochester, shopping, restaurants and major commuting routes, 6 Church Street offers a combination of existing rental income, immediate occupancy potential and future upside. Whether you're looking to expand your investment portfolio or take advantage of an owner-occupied multifamily opportunity, this duplex is ready for its next chapter.

6 Church St, Rochester

$499,000

5105923 MLS

Great investment opportunity in Rochester! This spacious and well-maintained two-family property offers an impressive 8 bedrooms total, with a 3-bedroom unit and a 5-bedroom unit, making it an excellent option for investors or an owner occupant looking to offset their mortgage with rental income. The property offers approximately 2,576 square feet of living space, separate utilities, off-street parking, a private fenced yard and additional storage space. Each unit offers generous living space and flexibility, with additional rooms that could be used as a home office, guest space, or potential bedroom depending on your needs. Conveniently located close to downtown Rochester, shopping, restaurants, and everyday amenities, this property offers both strong rental potential and convenience. Whether you’re looking to expand your investment portfolio or owner occupy one unit while generating rental income from the other, 9 Lincoln Street is a fantastic opportunity to own a large, versatile multifamily in a convenient Rochester location!

9 Lincoln St, Rochester

$689,900

5105176 MLS

Best of both worlds! Fantastic four unit property is now available for you! Stand alone 3 bedroom home, with a 3 unit multi family on the same lot. Have the tenants supplement your mortgage, and pay less than you are for rent. The big stuff has been done, newer heating systems with all separate utilities. Replacement windows throughout both buildings. You’ll love the natural woodwork and hardwood floors. First floor features a sun porch, spacious kitchen with separate dining room and a living room with fireplace. Upstairs is the primary bedroom with walk in closet, plus two more bedrooms and a full bathroom. Bonus walk up attic provides storage space or future expansion opportunities. The 3- unit building has separate entrances for all three apartments, and are fully rented with leases. Storage available in the basement. First floor apartment has 2 beds, 1.5 bathroom and porch. . Upstairs is split into front and back, both one bedroom with one bath. Come check it out for yourself!

216 N Main St, Rochester

$599,900

5103931 MLS

INVESTORS & FLIPPERS TAKE NOTICE!!! Looking for your next project with a path to a solid return? This 3-unit multi-family is ripe with opportunity. Generating 66,000 in 2025 annual gross income, this property is situated on a .17-acre lot and features a 3-bedroom, 1-bathroom layout for each unit, with an updated roof from 2016. The building is in need of repair work, making it best suited for someone prepared to manage a fixer project. All units are metered separately, and each has its own dedicated heating system. Tenants pay for their own heat, hot water, and electricity, while the landlord covers municipal water and sewer expenses. Outside you'll find dedicated parking spaces on both sides of the building, alongside a detached 2-bay garage used currently for renter's storage or to be used as a value lever for additional income. Located within close proximity to downtown Rochester and shopping, renters enjoy easy access to local amenities, while still remaining close to both the Seacoast and neighboring Maine. Your chance to build long term stability is here. Schedule a private tour and take the next step toward building cashflow and quick equity. Property is being sold AS-IS.

352 Portland St, Rochester

$1,400,000

5103312 MLS

27 River Street contains seven (7) 2+Bedroom/1-Bathroom units and one (1) 2+Bedroom/1.5-Bathroom unit with 7,106 square feet of gross living area in 13,687 square feet of gross area. The Property is situated upon a 0.47-acre parcel. The four (4) unit property at 27 River Street is enhanced by three (3) individual cottages at 1-3 Dow Court, as well as a single-family home at 31 River Street. 27 River Street is well situated near downtown Rochester, with quick access to the Spaulding Turnpike for convenient regional connectivity across New Hampshire and into southern Maine. The Property is situated in an emerging market that is just off the Maine border and a short ride from the prime locations of Portsmouth, NH and Kittery, ME. In-place rents are significantly below the current market rates; the opportunity exists to upgrade unit interiors and common areas to drive rental rates in an urban-infill, high demand/supply constrained residential market. All utilities are separately metered and paid for by the tenants. Landlord is responsible for common area electric in 27 River Street, the street light in the parking lot, and public water & sewer.

27 River St, Rochester

$549,900

5103300 MLS

This long-admired Victorian-era triplex is the one you’ve driven by thousands of times — a rare opportunity for proud ownership by an investor or owner-occupant, with a potential cap rate over 11.27%. Situated on a spacious .3-acre corner lot with TWO separate buildings — the main duplex (2,544 SF) and a carriage house (816 SF). Exuding excellent curb appeal, it features a new roof, sharp new blue vinyl siding, and new windows. Tour through the main house’s lower unit and experience its character with stunning hardwood floors featuring select pine, crown molding, and tray ceilings. This nearly 1,500 SF unit offers a spacious multi-room layout with room for both living and dining areas, or potential to expand/convert for additional income. The carriage house offers privacy with beautiful hardwood floors, wood trim, and open-concept living. It features an open loft bedroom upstairs along with its own dedicated driveway and parking. The third unit, located in the main house, is a townhouse-style layout spanning three levels, complete with a nice front porch and fenced-in outdoor area. The current long-term tenant provides immediate income, though the unit needs work and offers a strong value-add opportunity for the new owner to update and build equity. Owners enjoy plenty of parking, young heating systems, and separate utilities. That is not all, the location can not get any better, as tenants are located in the heart of downtown and are only steps away from Spaulding high, restaurants, convenience stores, major routes and more. Also enjoy being just minutes away from Hanson Pines walking trails and the Cocheco River. Private showings on Friday between 4-6PM and Saturday 1-3PM.

2 Pleasant St, Rochester

$460,000

5102978 MLS

OFFER DEADLINE TUESDAY AUG 11 AT NOON. Twice as nice! TWO houses for the price of ONE. What a perfect opportunity to start your investment property portfolio. Live in one house and let the other one help pay your mortgage. Both houses are well maintained with many updates. “Big House” is 1300 sq ft with 3 bedrooms and 1.5 bathrooms. “Little House” is 717 sq ft with 2 bedrooms and 1 bathroom. New kitchens, vinyl siding, replacement windows, updated wiring, structurally enhanced foundation. Separate utilities and parking for each house. Located in a classic New England neighborhood close to town with easy access to Rt 202. Little house has a good tenant with lease expiring 5/2027. Pictures of little house are limited due to tenants. Quick close possible. Showings begin at open house Saturday, August 8th 11-1 and Sunday, August 9th 1-4

30 30b Maple St, Rochester

$590,000

5100689 MLS

Investors look no further for a triplex with a current cap rate of 8.15% and upside potential to 10.28%. This property boasts exceptional curb appeal, featuring pristine vinyl siding and newer vinyl trim wrap. Situated in a quiet residential neighborhood surrounded by single-family homes, this is a rare find in today’s multifamily market. Tour through the building and experience the recent updates in one of the two-bedroom units, featuring a new kitchen with stainless steel appliances, a new bathroom with vanity, and new flooring throughout. Also experience the character of the one-level 3BR unit with its spacious bedrooms and living rooms. Tenants enjoy the outdoors on the porch area, and the added convenience of washer/dryer hookups. The top 1 bedroom unit has been well maintained with luxury vinyl flooring , newer tile, and an updated bathroom and more. Enjoy plenty of updates including newer parts of the roof, and newer windows. Tenants and owners enjoy a nice backyard, plenty of parking, garage, and separate utilities for low expenses. Located in up and coming Rochester, the largest city in the Seacoast region by land-mass and population. Embrace a unique investment opportunity in a city brimming with development activity, solidifying its position as the leading seacoast city for construction starts. PRIVATE showings Friday 4-6PM and Saturday 1-3PM.

11 Cleveland St, Rochester

$1,895,000

5097914 MLS

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.

7 Wallace St, Rochester

$340,000

5094293 MLS

This duplex is tucked away on a quiet dead-end street, offering a peaceful setting with the convenience of being just minutes from downtown Rochester's shops, restaurants, and local amenities. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this property presents an excellent opportunity. The upper unit features 2 bedrooms and 1 bathroom, while the lower unit offers 1 bedroom, 1 bathroom and a fully enclosed sunroom. Attached to the duplex is a two-story barn, providing storage and currently accessible to both tenants. Outside, you'll find a yard with room for gardening and outdoor enjoyment. Recent improvements include newer siding and a newer roof. Conveniently located yet privately situated, this income producing property is one you won't want to miss!

18 Morton Ave, Rochester

$375,000

5093470 MLS

If you've ever done the math on what you hand a landlord every month for your shop, then paid a mortgage on top of that, this one is going to get your attention. 80 Chestnut Hill Road is one of the only buildings in Rochester where you can run your business and live on the same lot, legally. It's zoned Neighborhood Mixed Use, and that zoning does the heavy lifting. The commercial side, about 1,400 square feet of open, street-facing space, can be a hair salon, a professional office, a cafe or a sit-down restaurant, a boutique, an antique shop, a florist, or an artist's studio, all by right. It's been a TV repair shop for more than twenty years, so the corner is already a known stop. Out front is something special for any business: an oversized, grandfathered sign right at the street. Your name goes where the whole road can see it. The other side is a 2-bedroom apartment, already rented to long-term tenants, so there's income from day one. Run your business up front and live next door, a twenty-foot commute, or keep both sides rented and let them carry the place. The location, the parking, the income, and that zoning are the parts you can't add later. The inside is ready for your style. You're on Chestnut Hill Road between downtown Rochester and The Ridge, with quick access to Routes 16, 11, and 125. Built in 1920, with an attached carport, paved parking out front, and a deep lot behind it. Buildings that pay you two ways and put your name on the street don't come up often at $375,000. Some uses are by right and others need town approval; confirm your plan with the City of Rochester. Buyer to do own due diligence.

80 Chestnut Hill Rd, Rochester

$429,000

5091401 MLS

BACK ON THE MARKET!! NEW State approved leach field and septic tank getting installed prior to closing. Opportunity awaits at 125 Blackwater Road in Rochester, NH! This well-maintained 2-family property is perfect for investors or owner-occupants looking to offset expenses with rental income. Featuring one occupied 1-bedroom unit and one vacant 2-bedroom unit with recent upgrades, this property offers immediate flexibility and income potential. The vacant unit is move-in ready, making it ideal for an owner-occupant or for securing a new tenant right away. Both units offer comfortable living spaces, functional layouts, and a clean, well-kept feel throughout. Step outside and enjoy the in-ground pool — a rare bonus that creates the perfect setting for relaxing, entertaining, and enjoying New England summers. Whether you’re looking to expand your investment portfolio, create a multigenerational living setup, or generate passive income, this versatile multifamily checks all the boxes! Open Houses are Saturday, May 30th and Sunday, May 31st from 11 am - 1 pm.

125 Blackwater Rd, Rochester

$499,000

5087184 MLS

Spacious and well maintained 2 family property. Main unit with 3 bedrooms and 2 full bathrooms with a flexible and functional layout, including a bright 3 season room and an additional bonus room ideal for a home office, playroom, or guest space. The property count with a convenient private deck. The second unit offers 1 bedroom and 1 bathroom, providing solid rental income potential. Additional highlights include a 2 car garage and a large driveway with parking for approximately 6 vehicles. The expansive backyard offers plenty of space for outdoor entertaining, gardening, or gatherings. Schedule your appointment today.

17 Academy St, Rochester

$500,000

5083695 MLS

Welcome to 69 Chestnut Hill Road in Rochester! This home is set on a spacious, level lot and features a detached ADU (Accessory Dwelling Unit), which provides exceptional flexibility for multi-generational living, a high-end home office, or potential rental income. This ADU is fully self-contained, featuring its own kitchen with light oak cabinetry, white appliances, and a full bathroom. Inside the main residence, you'll find an inviting interior that seamlessly blends rustic charm with modern updates. The kitchen boasts deep espresso cabinetry, stainless steel appliances, and a stylish tiled backsplash. It opens directly into a character-filled dining space defined by stunning whitewashed brick accent walls, exposed ceiling beams, and industrial-inspired lighting. The home’s flexible floor plan includes three comfortable bedrooms. For added convenience, the main-floor bathroom serves as a laundry room. Outdoor living is equally impressive at this Rochester gem. Enjoy the fresh air in the private screened-in porch or host evening gatherings on the covered deck. The expansive backyard is a haven for play and relaxation, complete with a playground area and a dedicated storage shed. This move-in-ready property offers unparalleled versatility and style in a desirable location!

69 Chestnut Hill Rd, Rochester

$400,000

5077070 MLS

2 Unit Apartment building, 20 Wakefield St, units A & B (FNA 2 Barker Court), MLS 5077070, is a 2 unit residential building AND 18 Wakefield St, MLS 5076996, is a Mixed use 3 unit building that was Formally a dentist office on the 1st floor with 2 residential rental units above. All information has been obtained from the current property record cards. ALL PARTIES TO PERFORM THEIR OWN DUE DILIGENCE FOR ACCURACY! 24-48hr. notice to show based on tenant access. CURRENT PREAPPROVAL/PROOF OF FUNDS REQUIRED PRIOR TO ANY SHOWINGS. All information has been obtained from the current property record cards. ALL PARTIES TO PERFORM THEIR OWN DUE DILIGENCE FOR ACCURACY! 24-48 hr. notice to show based on tenant access. CURRENT PREAPPROVAL/PROOF OF FUNDS REQUIRED PRIOR TO ANY SHOWINGS. Most likely will require cash. IN NEED OF REHAB

18 & 20 Wakefield St, Rochester

$899,000

5036194 MLS

Highly sought-after waterfront quadplex on a large 1.62-acre lot in East Rochester, with the potential to subdivide a separate waterfront multifamily parcel. On the market for the first time in over 45 years, showcasing decades of prideful ownership. Small apartments no more, as the buildings massive 4500+ square feet of living space, gives units ideal layouts with spacious living/dining rooms, large kitchens, and multiple bedrooms for maximum income. Large units and separate utilities allows for low expenses and a potential cap rate over 10.33%. Owners and tenants savor the privledge of having direct access to the Salmon River and providing the perfect setting to canoe and fish from the doorsteps of their home. Tour through the units and experience its character and charm. The largest unit features stunning hardwood floors, chamber ceilings and beautiful crown molding. Explore the enhanced features in other units, such as updated luxury vinyl flooring, detailed wood trim, a modern kitchen backsplash, an open kitchen layout, and stylish brick backsplash. There is additional attic space which can be utilized as storage or expansion for additional living space. Thats not all, tenants enjoy an open backyard, 2 car garage, plenty of parking, and convenience of location. 1.5 miles to downtown Rochester, 3 miles to route 16, 20 miles to Portsmouth. Zoning density may allow for additional units to be built outback with a special exception.

32 Mill St, Rochester

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