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Multi-Family at 331 Spruce Street, Manchester
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38 photos

$599,900

Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1900
331 Spruce Street
Manchester, NH 03103
Listed by BHHS Verani Londonderry

Highlights

Property type
Multi-Family
Lot size
0.12 acres
Garage
2 spaces
On market
8 days

About this home

Whether you're looking to expand your investment portfolio or enjoy the benefits of owner-occupied living, this Manchester two-family offers flexibility and opportunity! Featuring two spacious units with a total of five bedrooms, this property is being delivered fully vacant, allowing the next owner to move right in, select their own tenants, or establish rental rates that reflect today's market. Both units offer comfortable living spaces, while recent improvements have helped refresh the property for its next chapter. Additional highlights include off-street parking and a detached two-car garage that, with some TLC, offers potential for additional rental income or valuable storage space, subject to applicable approvals. Conveniently located near downtown Manchester, shopping, restaurants, schools, and major commuting routes, this property offers accessibility and everyday convenience. Whether you're an investor seeking your next income-producing property or a buyer looking to offset homeownership expenses with rental income, 331 Spruce Street is full of possibilities. Bring your vision and make the most of this opportunity!

Property details

MLS
Prime MLS
MLS #
5115883
Property type
Multi-Family
Subdivision
N/A
Status
Active
Days on market
8
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
2
Parking spaces
N/A
Lot size
0.12 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
0.09 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)
0.8 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
0.53 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).

71
Walkable
out of 100
EPA National Walkability Index
10.2 / 20 -- Below average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks16
Schools20
Transit stops20
Pharmacies6

Market position

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

On the market 8 days -- 29 fewer days than Manchester's current average of 37 days.
For reference, the median list price across 455 active listings in Manchester right now is $419,950.

Mortgage calculator

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

Adjust tax / insurance estimates
Est. monthly payment
$3,763/mo
$119,980 down
$479,920 loan
Principal & interest$3,113
Property tax (est.)$500
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 11/05/26.