Perfectly situated just minutes from the University of New Hampshire, this well-maintained building offers an outstanding investment opportunity in a highly desirable rental market. A short drive to UNH, downtown Durham, shopping, dining and public transportation. Easy access to major highways and surrounding areas. This multifamily building has been thoughtfully cared for, featuring spacious units and a strong rental history. The property consists of a mix of one and two-bedroom units, providing flexibility for a variety of tenants. The property is fully rented with reliable tenants, offering an immediate stream of rental income. Generous parking options for residents, ensuring convenience and accessibility. Durham is home to a thriving college town atmosphere with continued demand for housing, making this a solid, long-term investment. Whether you're looking to add a stable cash-flowing asset to your portfolio or seeking future potential for value-add improvements, this 11-unit multifamily property offers tremendous potential in one of New Hampshire's most sought-after locations. Rentals are under market value with opportunity for increased rental income. Septic in need of replacement and seller willing to contribute money back at closing toward new system. Don’t miss out on this rare opportunity—schedule a tour today!
Pending
Listed by:
Colleen Guillou,
RE/MAX Bentley's 978-572-1200
Price cut: $180.1K (6/25)
$1,399,900
224 Mast Road, Durham, NH 03824
--beds
--baths
8,221sqft
Est.:
Multi Family
Built in 1880
-- sqft lot
$1,322,000 Zestimate®
$170/sqft
$-- HOA
What's special
Generous parking optionsSpacious units
- 85 days
- on Zillow |
- 88 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: July 11, 2025 at 09:02am
Listed by:
Colleen Guillou,
RE/MAX Bentley's 978-572-1200
Source: PrimeMLS,MLS#: 5040781

Travel times
Facts & features
Interior
Heating
- Forced Air
Cooling
- None
Features
- Basement: Dirt Floor,Interior Entry
Interior area
- Total structure area: 19,064
- Total interior livable area: 8,221 sqft
- Finished area above ground: 8,221
- Finished area below ground: 0
Property
Parking
- Parking features: Shared Driveway
Features
- Levels: 3
- Frontage length: Road frontage: 999
Lot
- Size: 4 Acres
- Features: Abuts Conservation, Near School(s)
Details
- Zoning description: ORLI
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cape
- Property subtype: Multi Family
Materials
- Clapboard Exterior
- Foundation: Fieldstone
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1880
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: 1500+ Gallon, Private Sewer, Septic Tank
- Water: Private
- Utilities for property: Cable Available, Gas On-Site
Community & HOA
Location
- Region: Durham
Financial & listing details
- Price per square foot: $170/sqft
- Annual tax amount: $23,035
- Date on market: 5/14/2025
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