Residential Income at 312 Merrimack Street, Manchester
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$475,000

Under contract
312 Merrimack Street
Manchester, NH 03103
Listed by Timothy Roberto · Keller Williams Realty-Metropolitan
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1910

About this home

This classic 1910 multi-family duplex at 312 Merrimack Street in Manchester, New Hampshire, offers a fantastic opportunity for both savvy investors and owner-occupants looking for a solid asset. Spanning a generous 2,391 square feet of total interior space, the property features a versatile layout with a combined total of five bedrooms and two bathrooms across its units. It represents a proven income-generator with an established history of steady rental demand, making it an easy-to-manage addition to any real estate portfolio. Inside, the units balance functional living arrangements with classic architectural details, all kept cozy during New England winters by efficient forced-air gas heating systems. The structure provides the perfect setup whether you choose to collect reliable monthly rental income from both sides or live in one unit while letting the other significantly offset your mortgage payments. Location is a major selling point for this property, as it sits in a highly walkable neighborhood just moments east of downtown Manchester. Residents will love the quick access to local parks, public transit, local schools, and the city's vibrant dining and arts scene. It is also an ideal spot for commuters, offering a short drive to regional highways and local institutions like MCPHS University. Do not miss out on this turnkey multi-family opportunity; schedule your private showing today to explore the possibilities.

Property details

MLS
Prime MLS
MLS #
5098755
Property type
Residential Income
Subdivision
N/A
Status
Under contract
Days on market
7
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.08 acres
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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
Henry Wilson Elementary School
0.37 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
436
Student:teacher ratio
12.1:1
District
Manchester School District
MiddleCharter
Kreiva Academy Public Charter School (M)
0.52 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
63
Student:teacher ratio
15.8:1
District
Kreiva Academy Public Charter School District
High
Manchester Central High School
0.25 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,305
Student:teacher ratio
15.5:1
District
Manchester School District

Walkability

Blended score for Manchester'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).

64
Walkable
out of 100
EPA National Walkability Index
7.8 / 20 -- Below average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks18
Schools20
Transit stops20
Pharmacies5

Market position

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

On the market 7 days -- 84 fewer days than Manchester's current average of 91 days.
For reference, the median list price across 376 active listings in Manchester right now is $320,000.

Mortgage calculator

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

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Est. monthly payment
$3,011/mo
$95,000 down
$380,000 loan
Principal & interest$2,465
Property tax (est.)$396
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 07/17/26.