Listed by Kami Zink • RE/MAX Synergy (Cell: 603-547-5059).
For sale
$499,000
Est. $3,179/mo
4
bd
•
2 ba
•
1,842
sq ft
151 Morgan St, Manchester, NH 03102
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About this home
Investor Opportunity in Manchester! Don’t miss this well-maintained two-family property offering immediate rental income with two fully leased 2-bedroom units. Whether you’re looking to expand your investment portfolio or own a turnkey multifamily, this property is an excellent opportunity. The first-floor unit has been thoughtfully updated, blending modern finishes with comfortable living spaces, while both apartments offer spacious layouts that tenants love. Enjoy a shared covered front porch, perfect for relaxing, with the added convenience of private side porches for each unit, providing outdoor space for every resident. Outside, you’ll find ample off-street parking for 5–6 vehicles, a highly desirable feature for tenants and owners alike. Conveniently located near shopping, dining, highways, and downtown Manchester, this income-producing property combines location, functionality, and long-term investment potential.
Rimmon Heights, located between Rimmon Street and the Piscataquog River, is a residential and hillside Manchester neighborhood with triple-decker streetscapes and pocket parks. The neighborhood’s character concentrates around the Rimmon Street and Kelley Street corridor, where corner markets, takeout counters, and small storefronts set a steady, lived-in rhythm. Sloping blocks mix classic New England wood-frame homes with compact multifamily buildings and deep porches. Derryfield Park’s fields and trails add a green counterpoint to the dense grid. The Piscataquog River edge and nearby crossings shape daily routes and views. A short drive away, the Palace Theatre and the Currier Museum of Art anchor bigger-night-out culture.
Provided by Walk Score and Local Logic
Offer insights
151 Morgan St · $499,000
$516K and above
75% chance or better to win
Why $516K+ is a strong offer
DAYS ON MARKET
13 days
The average home goes pending in 8 days.
SALE-TO-LIST
101.5%
Most homes are selling 2% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Basement with walkout access and concrete floor
Concrete basement floor
Bedrooms
Two 2-bedroom units (one on level 1, one on level 2)
Bathrooms
Two full bathrooms (one in each unit)
Heating & cooling
Natural gas heating
Baseboard heating
Hot water heating
No central cooling
Exterior features
City lot
Paved driveway
Home design
Multi-family building
Existing structure
Parking
1-car garage
Construction
Built in 1925
Wood frame with vinyl siding
Shingle roof
Utilities
Public sewer
Public water
Circuit breaker electric service
Cable and cable internet available
Other
Total finished living area listed as 1,842 (total building area listed as 2,952)
Property contains 2 rental units with annual leases
Electricity and solar
View estimated energy costs and solar savings for this home
Back on the Market! Due to buyer Financing!Opportunity is Knocking !For you to make an Investment! Charming 2 family Duplex with tons of character. Each unit has 2 bedrooms and both have their own side deck with a shared front porch. First floor has been updated with a new kitchen and new bathroom. The second floor has a new furnace and a new all in 1 washer/dryer. Both driveways have been sealed. .. You heard it right 2 driveways !!!! This investors dream has 3 parking spaces out back and 3 parking spaces on the side of the house. No shuffling cars around among 2 separate tenants. Conduit has also been installed under the driveway to run electric to the garage. This duplex has been fitted with all new vinyl windows as well.
Public Records
May 17, 2018
Sold
$315,533
$171/sq ft
Public Records
Oct 24, 2014
Sold
$219,533
$119/sq ft
PrimeMLS #4381834
Oct 24, 2014
Sold
$219,900
$119/sq ft
Sep 4, 2014
Listed
$219,900
$119/sq ft
Don't miss this CHARMING two family home! The large farmers porch welcomes you to this lovely home that has been meticulously maintained and is perfect for an owner occupied buyer! Newly finished hardwood , built in's , W/ D hk up newer windows , roof and furnace, off street parking. Large Detached garage offers lots of storage , the back yard has a large patio area and fence for privacy! This is not your typical two family !!!
Public Records
Mar 17, 2008
Sold
$218,533
$119/sq ft
PrimeMLS #2677372
Mar 14, 2008
Sold
$218,500
$119/sq ft
Sep 8, 2007
Listed
$234,900
$128/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$6,033 (+3.8%)
$84,400 + $223,700
$308,100
2023
$5,811 (+3.4%)
$84,400 + $223,700
$308,100
2022
$5,620 (+3.2%)
$84,400 + $223,700
$308,100
2021
$5,447 (+17.7%)
$84,400 + $223,700
$308,100
2020
$4,626 (+4.6%)
$58,200 + $129,400
$187,600
2019
$4,424 (+2.7%)
$58,200 + $123,700
$181,900
2018
$4,307 (+1.5%)
$58,200 + $123,700
$181,900
2017
$4,242 (+0.8%)
$58,200 + $123,700
$181,900
2016
$4,209 (+8.5%)
$58,200 + $123,700
$181,900
2015
$3,879 (+3.4%)
$58,200 + $107,300
$165,500
2013
$3,752
$58,200 + $107,300
$165,500
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
4,792 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,842
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,842
Year built
1925
Style
Multi-Family (2-4 Unit)
County
Hillsborough County
APN
346141
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 5, 2026.
R-2
Residential Two Family District
The R-2 district forms a loose band around the densely developed inner city area, representing a transitional district between lower development densities of the single family districts and the maximum densities of the inner city. This district was established to maintain the integrity of existing moderate density neighborhoods that are nearly fully developed with a mix of single family and two family structures, but which are close to the Central Business District.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Educational/school
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 95° expected this year, 16 days in 30 years
4/10 Wind Factor
22% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Manchester, NH • 03102
Average low and high temperatures (°F)
31
16
34
17
49
29
59
38
68
48
80
58
85
64
80
59
75
53
63
42
50
33
35
20
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 151 Morgan St
$511,042
$12K over list price of $499K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $450K to $510K.