Browse All Rochester NH Multi-Family Properties for Sale

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

$419,900

5098705 MLS

Welcome to 53-53A Chestnut Street, a well-maintained duplex in one of New Hampshire's fastest-growing cities! Whether you're a seasoned investor looking to expand your portfolio, someone just getting started, or an owner-occupant ready to let a tenant help cover the mortgage, this property delivers on every front. Both units feature 2 bedrooms and 1 full bathroom, offering comfortable, functional layouts that appeal to a strong and steady rental market. Separate utilities keep ownership simple, tenants manage their own costs, keeping your expenses predictable and your cash flow clean. Step outside and you'll find a fully fenced yard that's perfect for relaxing, entertaining, or giving kids and pets a safe space to roam. The above-ground pool is a standout summer bonus that puts this property a step above the rest. Rochester is experiencing remarkable growth, new businesses, rising demand for housing, and continued investment in infrastructure make this one of the most exciting markets in the Granite State. Buying here isn't just a real estate purchase; it's a position in a city on the rise. Live in one unit and build equity while your tenant pays down the mortgage, or rent both units and watch the returns roll in. Either way, 53-53A Chestnut Street is a smart move. Open House: Saturday, 11:00 AM to 1:00 PM. See you there!

53-53a Chestnut 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

$924,900

5082698 MLS

This five unit multifamily property has undergone a complete renovation, effectively creating a brand-new building inside a classic shell. No expense was spared in the recent renovation as every major system has been replaced to ensure safety, efficiency, and tenant satisfaction. Highlights include a newly installed, state-of-the-art fire alarm and sprinkler system, electrical, plumbing and mini-split systems for heating and cooling. This property makes a great investment with a gross income of $101,340 and Rochester continues to see strong appreciation and rental demand as a key hub in the Seacoast region.

7 Jackson St, Rochester

$450,000

5077609 MLS

Mixed use 2 buildings on 1 lot. Included is MLS#5077070. Formally a dentist office with current residential rental units. 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 or 203K

18 Wakefield St, Rochester

$450,000

5077070 MLS

2 Unit Apartment building. Also included with this sale is MLS#5077609 Tenant occupied. Showings may be limited to unit access availability depending upon tenant availability. Address to be changed to 20 Wakefield Street, Units A & B 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 or 203K

2 Barker Ct, 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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