INNOVATE Real Estate
Residential Income at 16 Railroad Avenue, Lebanon
Residential Income at 16 Railroad Avenue, Lebanon, photo 2 of 5
Residential Income at 16 Railroad Avenue, Lebanon, photo 3 of 5
Residential Income at 16 Railroad Avenue, Lebanon, photo 4 of 5
Residential Income at 16 Railroad Avenue, Lebanon, photo 5 of 5
5 photos

$775,000

16 Railroad Avenue
Lebanon, NH 03784
Listed by Ara Cardew · BHG Masiello Keene
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1968

About this home

Investment property, Great income stream from tenants. Fantastic location close to public transportation and local amenities. Plenty of parking for any business.

Property details

MLS #
5088349
Property type
Residential Income
Subdivision
N/A
Status
Active
Days on market
85
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
2
Parking spaces
N/A
Lot size
0.3 acres

Location

Get directions →
Loading map…

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Mt. Lebanon School
0.36 mi away · Grades -1-4
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
237
Student:teacher ratio
9.1:1
District
Lebanon School District
Middle
Lebanon Middle School
4.14 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
464
Student:teacher ratio
9.5:1
District
Lebanon School District
HighCharter
Ledyard Charter School
2.88 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
44
Student:teacher ratio
11.0:1
District
Ledyard Charter Academy

Walkability

Blended score for Lebanon's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

78
Walkable
out of 100
EPA National Walkability Index
14.0 / 20 -- Above average walkable
Google Places amenity density
90 / 100
Restaurants & cafes19
Grocery stores5
Parks6
Schools6
Transit stops20
Pharmacies0

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$4,817/mo
$155,000 down
$620,000 loan
Principal & interest$4,021
Property tax (est.)$646
Home insurance (est.)$150

Similar homes you might like

845 Bridge Street, Pelham NH 03076
$875,000
845 Bridge Street, Pelham NH 03076
Pelham, 03076
6 bd·3.5 ba·3,552 sqft
22 days on market
Listed by Leland A. Boutwell
1 Old Manchester Road
$925,000
1 Old Manchester Road
Raymond, 03077
N/A bd·N/A ba·N/A
68 days on market
Listed by Andy Yau, RE/MAX Shoreline
7 Jackson Street
$924,900
7 Jackson Street
Rochester, 03867
N/A bd·N/A ba·N/A
126 days on market
Listed by Marc Smith, Tide Rock Management
98 Main Street
$905,000
98 Main Street
Lancaster, 03584
N/A bd·N/A ba·N/A
165 days on market
Listed by Zach Hawkins, Badger Peabody & Smith Realty/Littleton
648 Kearsarge Way
$899,900
648 Kearsarge Way
Portsmouth, 03801
N/A bd·N/A ba·N/A
48 days on market
Listed by Scott Rafferty, Open Concepts Realty
32 Mill Street
$899,000
32 Mill Street
Rochester, 03867
N/A bd·N/A ba·N/A
482 days on market
Listed by Andy Yau, RE/MAX Shoreline
627 Central Avenue
$895,000
627 Central Avenue
Dover, 03820
N/A bd·N/A ba·N/A
13 days on market
Listed by Darlene G Colwell-Ellis, KW Coastal and Lakes & Mountains Realty/Dover
105 Brentwood Road
$879,900
105 Brentwood Road
Exeter, 03833
N/A bd·N/A ba·N/A
92 days on market
Listed by Mary Strathern, BHHS Verani Seacoast
Prime MLS logo

Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 07/18/26.