Lebanon, NH Multifamily Homes & Duplexes for Sale

/16
$490,000
- 5 Beds
- 2 Baths
- 1,899 Sq Ft
179 Bank Street Extension, Lebanon, NH 03766

Strong Cash Flow! This fully leased two unit property is an excellent chance for investors to add a consistent cash flowing building to their portfolio or for an onsite owner to occupy one unit and let the extra additional rent help pay for your housing. A low maintenance property with many updates which include a standing seem roof, kitchen cabinets, counter tops, appliances and flooring. Inside

Alex DeFelice The Clerkin Agency, P.C.

179 Bank Street Extension, Lebanon, NH 03766
Explore Lebanon
/13
$519,000
- 5 Beds
- 3 Baths
- 1,872 Sq Ft
43 Water St Unit 45, Lebanon, NH 03766

Strong Cash Flow! Profitable investment opportunity! This fully leased 3 unit multifamily property located on a .20 +/- acre in town lot is an excellent chance for investors to add a consistent cash flowing building to their portfolio or for an onsite owner to occupy one unit and let the extra additional rents pay for your housing. A Low maintenance property with an excellent rental history. Walk

Alex DeFelice The Clerkin Agency, P.C.

43 Water St Unit 45, Lebanon, NH 03766
/24
$674,000
- 6 Beds
- 4 Baths
- 3,292 Sq Ft
26 Parkhurst St, Lebanon, NH 03766

A great opportunity to own a successful investment property right in the heart of Lebanon. This recently updated multifamily is fully leased and ready for you to step right up. Each unit has its own private entrance, utilities, washer, dryer and Propane Rinai heaters. A 6 bedroom, 4 bath building with a 6 car driveway, 3 car garage with tons of storage overhead and a private fenced in back yard.

Deeann Shepherd Coldwell Banker LIFESTYLES - Grantham

26 Parkhurst St, Lebanon, NH 03766
/16
$424,900
- 5 Beds
- 2 Baths
- 1,976 Sq Ft
139 Heater Rd, Lebanon, NH 03766

Large Duplex located in the light industrial zone in Lebanon. Situated next to Fort Lou's and near Hypertherm, this is a chance to own in-town Lebanon. Two units with the ground floor unit having two bedrooms and the upper unit with three bedrooms and laundry hook ups. Full basement with laundry hook ups. Newer boiler and water heater. Front porch and a nice yard. Located next to Fort Lou's

Vanessa Stone Vanessa Stone Real Estate

139 Heater Rd, Lebanon, NH 03766
/25
$449,900
- 6 Beds
- 3 Baths
- 2,662 Sq Ft
45 Riverside Dr, Lebanon, NH 03766

This three-family home is situated on the Mascoma Riverfront. Two of the units are on the first floor. The entire upstairs is a large unit. Nice rear yard. Walk out basement with easy access to the utilities. Private drilled well and public sewer. Currently rented. Great investment potential. Located just off exit 17 in Lebanon for a convenient commute. Only 11 minutes to DHMC. Close to the

Vanessa Stone Vanessa Stone Real Estate

45 Riverside Dr, Lebanon, NH 03766
/38
$725,000
- 3,117 Sq Ft
29 Mascoma St, Lebanon, NH 03766

Located in the heart of Lebanon, walking distance to public transportation, shopping, schools, restaurants and next to the rail trail for walking running and biking. Great income generating opportunity with two apartments on the second floor and an established business on the main floor. Only 10 minutes to Dartmouth. Close proximity to interstate 89.

Erika Smith RE/MAX Upper Valley

29 Mascoma St, Lebanon, NH 03766
/2
$650,000
- 2,960 Sq Ft
3 Maple St, Lebanon, NH 03766

this 6 unit apartment building is located on a corner lot in West Lebanon.Easy walk to the library, bus stop, restaurants. Short drive to shopping, hospitals, hiking, skiing, lakes and interstates 89 and 91 for easy traveling.This property is in need of renovation.

Mary Chamberlin Vanessa Stone Real Estate

3 Maple St, Lebanon, NH 03766

New Hampshire Grafton County Lebanon

Why Live in Lebanon

Lebanon, NH, located near the Vermont-New Hampshire border and the Connecticut River, is a small community known for its downtown area, forested trails, and ample shopping options. The city features a mix of refurbished historic homes, rural farmland, and cabins, all connected by major roads and trails. Key roads include Interstate 90 and U.S. Route 4, facilitating access to nearby areas like West Lebanon and major institutions such as Dartmouth College, which is 6 miles away. The free Advance Transit bus service provides convenient commuting options around the Upper Valley. Housing in Lebanon includes classic New England styles like ranch-style, split-level, and Cape Cod-inspired designs, with many older homes refurbished into apartments or duplexes. The Lebanon School District, highly rated with an overall A rating, serves the community with two elementary schools, one middle school, and one high school, along with the New England School of the Arts, a private high school focused on the arts. Colburn Park, the city's central green space, hosts various events, including summer movie nights and annual festivals. The Northern Rail Trail offers 59 miles of trails for activities like cross-country skiing and snowmobiling. Dining options in downtown Lebanon include Lucky’s Coffee Garage and Salt Hill Pub, with established restaurants that have been local favorites for over 20 years. The Lebanon Opera House provides frequent entertainment, from operas to movie nights, while the Lebanon Farmers Market offers fresh produce during the summer and winter seasons.

Learn more about living in Lebanon

Home Trends in Lebanon, NH

On average, homes in Lebanon, NH sell after 83 days on the market compared to the national average of 70 days. The median sale price for homes in Lebanon, NH over the last 12 months is $543,000, up 32% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$543,000

Median Single Family Sale Price

$636,074

Median 2 Bedroom Sale Price

$235,000

Median 1 Bedroom Sale Price

$384,000

Average Price Per Sq Ft

$306

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

0.90

Median List Price

$499,900

Median Change From 1st List Price

Median Home Sale Price YoY Change

32%

How to Buy a Home How to Finance a Home How to Sell a Home

In Lebanon, there are currently 7 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $424,900 to $725,000, there's a range to accomodate every budget. As of July, 2025 the median home price in Lebanon is $499,900, while the average sale price is $631,303, offering insights into the local housing market. On average, multi-family homes spend 83 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Lebanon, NH.

Lebanon Types of Homes for Sale

More About Living in Lebanon

Homes in Nearby Neighborhoods

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Homes in Nearby Counties

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Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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.