$395,000
COMING SOON

40 Myrtle St Keene, NH 03431

Keene Area

Estimated payment $2,961/month

-- Bed
-- Bath
2,425 Sq Ft
0.31 Acre Lot

Highlights

  • Radiant Floor
  • Shed
  • Garden
  • Enclosed Patio or Porch
  • Property near a hospital
  • Forced Air Heating System

About This Home

Two homes, eight bedrooms, and one exceptional investment opportunity in the heart of Keene! 40 Myrtle Street is a two-unit multifamily property, with each unit offering four bedrooms and two full bathrooms. Both feature functional, two-level layouts with generous living spaces and in-unit washer and dryer hookups. One residence, originally built in 1870, was completely renovated in 2011, while the second was newly constructed that same year. Each unit has separate electric, heating, and water utilities. Additional features include a three-year-old tankless heating system in Unit 2, two 110-amp electrical panels, town water and sewer, vinyl siding, ample off-street parking, yard space, and tenant-paid utilities. The spacious layouts offer flexibility for comfortable everyday living, home offices, storage, or bonus space. While the property is ready for cosmetic updates, its major systems have been maintained. Conveniently located just minutes from Keene State College and downtown Keene, with shopping, restaurants, the bike path, and everyday amenities nearby. Nearby major highways provide convenient commuting options. Whether you’re seeking rental income or a smart live-in investment, this property is well positioned to become a cornerstone of your portfolio. Unit 1 is leased through December 31, 2026, and Unit 2 is leased through September 15, 2026. Tenant occupied; 48-hour notice is required for all showings.

Listing Agent

Isabella Luhrs

BHG Masiello Keene License #077235

BHG Masiello Keene

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,706

Year Built

  • Built in 1870

Lot Details

  • 13,504 Sq Ft Lot
  • Level Lot
  • Garden

Home Design

  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Laminate
  • Tile
  • Vinyl

Unfinished Basement

  • Interior Basement Entry
  • Sump Pump
  • Basement Storage

Parking

  • Gravel Driveway
  • On-Site Parking
  • 1 to 5 Parking Spaces

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Location

  • Property near a hospital
  • Property is near schools and shops

Utilities

  • No Cooling
  • Forced Air Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Radiant Heating System
  • Heating System Uses Propane
  • Propane Water Heater
  • Water Heated On Demand

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 585

Community Details

Overview

  • 2 Units

Recreation

  • Trails

Building Details

  • 2 Leased Units
  • Gross Income $50,100
  • Net Operating Income $38,380

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,706

Year Built

Built in 1870

Lot Details

0.31 Acres

Listing Details

  • Directions: GPS works well.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1870
  • Display On Internet: Fiber Optic Internt Avail,High Speed Intrnt Avail
  • Architectural Style: Other
  • ResoLotFeatures: Level, Sidewalks, Walking Trails, In Town, Near Paths, Near Shopping, Near Hospital, Near School(s)
  • Road Frontage Type: Dead End, Paved, Public
  • MLS Status: (11) Active - Coming Soon
  • Above Grade Finished Sq Ft: 2425.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: Unknown
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Basement_Access_Type: Interior
  • Total_Finished_Area: 2425
  • Total_Area: 3336
  • Above_Grade_Unfinished_Area: 273
  • Above_Grade_Unfinished_Area_Source: Public Records
  • Below_Grade_Unfinished_Area: 638
  • Below_Grade_Unfinished_Area_Source: Public Records
  • Special Features: ComingSoon
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater, Propane Water Heater, On Demand Water Heater, Separate Water Heater
  • Flooring: Carpet, Laminate, Tile, Vinyl, Wood
  • Basement: Bulkhead, Concrete, Storage Space, Basement Stairs, Sump Pump, Unfinished
  • Basement YN: Yes

Exterior Features

  • Driveway: Gravel
  • Exterior Features: Garden, Enclosed Porch, Shed
  • Roof: Shingle
  • Easements: Unknown
  • Construction Type: Wood Frame, Vinyl Siding
  • Foundation Details: Block, Concrete

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Site, Parking Spaces 1 - 10

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Propane, Oil, Baseboard, Forced Air, Hot Water, Radiant, Radiant Floor
  • Cooling: None
  • Trash: Dumpster
  • Utilities: Cable at Site, Propane
  • Water Source: Public

Lot Info

  • Surveyed: Unknown
  • Zoning: Residential
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13504.0

Multi Family

  • Gross Income: 50100.0
  • Number Of Units Total: 2
  • Net Operating Income: 38380.0
  • Number Of Units Leased: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 9706.0
  • Tax Block: 00
  • Tax Lot: 39
  • Tax Map Number: 585

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,706 $282,400 $47,200 $235,200
2024 $9,339 $282,400 $47,200 $235,200
2023 $9,006 $282,400 $47,200 $235,200
2022 $8,763 $282,400 $47,200 $235,200
2021 $8,833 $282,400 $47,200 $235,200
2020 $7,586 $203,500 $55,300 $148,200
2019 $7,652 $203,500 $55,300 $148,200
2018 $6,741 $181,600 $55,300 $126,300
2017 $6,759 $181,600 $55,300 $126,300
2016 $6,608 $181,600 $55,300 $126,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2026 07/31/26 For Sale $395,000 +59.3% $163 / Sq Ft
07/18/2018 07/18/18 Sold $248,000 +3.8% $102 / Sq Ft View Prior Sale
05/09/2018 05/09/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $239,000 -- $99 / Sq Ft
Source: PrimeMLS

Source: PrimeMLS

MLS Number: 5102758

PrimeMLS

APN: 585/ / 039/000 000/000

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