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$1,395,000 Just Listed
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Property Description
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!
Full Property Details
Full Property Details for 224 Mast Rd
General
- Price: $1,395,000
- Taxes: (2024)
- Status: Active
- Type: Multi-Family
- Source: PrimeMLS
- MLS ID: 5081915
- Updated: 4/2/2026
- Added to Site: 1 day(s) ago
Exterior
- Color: Brick/whit
Location
- County: Strafford
- Driving Directions: GPS
School Information
- School District: Oyster River Cooperative
- Elementary School: Mast Way School
- Middle School: Oyster River Middle School
- High School: Oyster River High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: 1500+ Gallon, Private, Septic
Structural Information
- Construction Status: Existing
- Basement: Yes
- Basement Entrance: Interior
- Basement Desc.: Dirt Floor
- Roof: Asphalt Shingles
- Stories/Levels: 3
- Finished Total: 8,221 Sq. Ft.
- Finished Above Grnd: 8,221 Sq. Ft.
- Year Built: 1880
Unit Information
- 1 Bedroom Units: 8
- 2 Bedroom Units: 3
Lot Features
- Lot Size (Acres): 4
- Lot Size (Sq. Ft.): 174,240
- Frontage: Yes Road Frontage
- Frontage Feet: 999
- Driveway/Sidewalk: Common/Shared
- Zoning: ORLI
Financial Considerations
- Price Per Sq. Ft.: $169.69
- Tax Year: 2024
Disclosures and Reports
- Block: 9999
- Lot Number: 14-1
Listed by RE/MAX Bentley's, Colleen Guillou
Get Pre-Approved Today
Schools
Schools serving 224 Mast Rd
School District:Oyster River Cooperative School District
| Name | Grades | Distance |
|---|---|---|
Oyster River Middle School 1 Coe Drive, Durham, NH 03824 | 5-8 | 2.1 mi |
Mast Way School 23 Mast Road, Lee, NH 03861 | K-4 | 2.3 mi |
Oyster River High School 55 Coe Drive, Durham, NH 03824 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 224 Mast Rd
Date
Details
Price
Change
Source
4/02/2026
Listed
$1,395,000
190.62%
MLS
12/04/2013
Sold
$480,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 224 Mast Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$23,036
-1%
$1,133,100
—
2023
$23,206
-1%
$1,133,100
41%
2022
$23,368
5%
$804,700
1%
2021
$22,289
1%
$798,600
—
2020
$22,145
1%
$798,600
—
2019
$21,906
2%
$798,600
—
2018
$21,402
4%
$798,600
19%
2017
$20,648
3%
$673,900
—
2016
$20,035
8%
$673,900
9%
2015
$18,519
-2%
$620,400
—
2014
$18,935
—
$620,400
—
2013
$18,866
—
$620,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 224 Mast Rd
224 Mast Road, Durham, NH 03824 (MLS# 5081915) is a Multi-Family property with 11 units containing 0 bedrooms and 0 full bathrooms. 224 Mast Road is currently listed for $1,395,000 and was received on April 02, 2026. Want to learn more about 224 Mast Road? Do you have questions about finding other Multi-Family real estate for sale in Durham? You can browse all Durham real estate or contact a Coldwell Banker agent to request more information.

