Exeter NH 2 Family Breakdown

[Jakob Mikhitarian]

🏘 Exeter, NH 2-Unit Multifamily Snapshot (Sold 2025)

Property Overview:

• Sold in 2025 for the mid-$700s
  
  
• 2-family configuration:
  
  
• (1) 3-bedroom unit
  
  
• (1) 1-bedroom unit
  
  
• Just under 3,000 sq ft
  
  
• Fully renovated and truly turn-key
  
  

Pricing & Market Context:

• Sold right at list price, indicating strong demand and accurate pricing
  
  
• Roughly $250 per sq ft, which aligns well with renovated multifamily pricing in Exeter
  
  
• Reflects what the market is willing to pay for low-maintenance, move-in-ready assets
  
  

Takeaway:

This sale reinforces that well-executed, renovated small multifamily properties in Exeter continue to command strong pricing—especially when condition and unit mix appeal to both owner-occupants and investors.

Is this property best for owner occupants looking to offset their living expenses a bit(and which unit would you live in?) or do you see another opportunity?