Residential Income at 20 Wallace Court, Laconia

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16 photos

$450,000

Under contract

20 Wallace Court

Laconia, NH 03246

Listed by Adam Dow · KW Coastal and Lakes & Mountains Realty/Wolfeboro

Bedrooms

N/A

Bathrooms

N/A

Living area

N/A

Year built

1930

About this home

Welcome to this fully revitalized 2-unit property in the heart of Laconia’s Urban Commercial zone! Each unit offers spacious living, with both units providing 3 bedrooms and 1 bath—ideal for an owner-occupant or investor. The home was gutted and fully renovated just a few years ago, blending modern comfort with 1930s charm. Public water/sewer, 100-amp electric service, and efficient gas heating ensure easy living. Enjoy plenty of parking, and take advantage of the extra area that could potentially house a second duplex—offering even more investment potential. Steps from Lake Opechee, the WOW Trail, and downtown attractions, this property offers a rare chance to enjoy Lakes Region living or generate rental income. Come see the potential!

Property details

MLS: Prime MLS
MLS #: 5101357
Property type: Residential Income
Subdivision: N/A
Status: Under contract
Days on market: 74
On market date: N/A
Stories: N/A
Total bathrooms: N/A
Garage spaces: N/A
Parking spaces: N/A
Lot size: 0.18 acres

Location

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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.

Elementary

Pleasant Street School

0.67 mi away · Grades -1-5

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: 250
Student:teacher ratio: 10.0:1
District: Laconia School District

Middle

Laconia Middle School

0.34 mi away · Grades 6-8

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: 422
Student:teacher ratio: 10.0:1
District: Laconia School District

High

Laconia High School

0.26 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: 582
Student:teacher ratio: 10.2:1
District: Laconia School District

Walkability

Blended score for Laconia'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).

Walkable

out of 100

EPA National Walkability Index

11.8 / 20 -- Above average walkable

Google Places amenity density

90 / 100

Restaurants & cafes20

Grocery stores4

Parks10

Schools11

Transit stops0

Pharmacies5

Market position

How this listing compares to current activity in Laconia, from live MLS data.

On the market 74 days -- 19 fewer days than Laconia's current average of 93 days.

For reference, the median list price across 262 active listings in Laconia right now is $514,000.

Mortgage calculator

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

Home price

Down payment

Interest rate

Loan term

Adjust tax / insurance estimates

Property tax

% / yr

Home insurance

/mo

Est. monthly payment

$2,860/mo

$90,000 down

$360,000 loan

Principal & interest$2,335

Property tax (est.)$375

Home insurance (est.)$150

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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 08/10/26.