Date
Details
Price
Change
Source
5/08/2026
Listed
$2,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$2,750,000 Just Listed
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Property Description
An exceptional investment opportunity in the heart of Durham, consisting of three modern, well-maintained multifamily buildings located adjacent to the University of New Hampshire campus in Durham. This turn-key asset features 8 spacious residential units with 22 bedrooms and town approval for up to 27 student beds, offering a unique combination of strong cash flow, prime location, and future flexibility. The property also includes 40 on-site parking spaces, a rare amenity in this highly desirable rental market. A strong investment opportunity with a projected 8.46% cap rate, this property presents a solid, long-term investment in one of New Hampshire's most sought-after college communities.
Full Property Details
Full Property Details for 275-279 Mast Rd
General
- Price: $2,750,000
- Taxes: $37,683 (2025)
- Status: Active
- Type: Multi-Family
- Source: PrimeMLS
- MLS ID: 5087830
- Updated: Today (5/8/2026)
- Added to Site: Today
Interior
- Flooring: Carpet, Hardwood, Tile
Parking
- Parking: On-Site, Parking Spaces 21+, Paved
Location
- County: Strafford
School Information
- School District: Oyster River Cooperative
- Middle School: Oyster River Middle School
- High School: Oyster River High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas, Hot Water
- Furnaces: 3
- Water Heaters: 3
Utilities
- Sewer: Public
- Trash: Dumpster
- # Gas Meters: 3
- # Electric Meters: 9
Structural Information
- Construction Status: Existing
- Basement: Yes
- Basement Entrance: Walk-up
- Basement Desc.: Exterior Access, Full, Interior Access, Slab
- Roof: Asphalt Shingles
- Stories/Levels: 2
- Finished Total: 8,484 Sq. Ft.
- Finished Above Grnd: 8,484 Sq. Ft.
- Year Built: 2010
Unit Information
- 1 Bedroom Units: 1
- 2 Bedroom Units: 2
- 3 Bedroom Units: 5
- Units w/Refrigerators: 8
- Units w/Range/Oven: 8
Lot Features
- Lot Size (Acres): 1.97
- Lot Size (Sq. Ft.): 85,813
- Frontage: TBD
- Driveway/Sidewalk: Paved
- Zoning: MUDOR
Financial Considerations
- Price Per Sq. Ft.: $324.14
- Tax Amount: $37,683
- Tax Year: 2025
Disclosures and Reports
- Documents Avail.: Deed, Lease Agreements, Property Disclosure, Survey, Tax Map
- Surveyed: Yes
- Block: 20
Listed by Arthur Thomas Properties, Paula Igoe
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listed by Arthur Thomas Properties, Paula Igoe
Listing agent
— 275-279 Mast Rd —
Paula Igoe
Arthur Thomas Properties
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 275-279 Mast Rd
School District:Oyster River Cooperative School District
| Name | Grades | Distance |
|---|---|---|
Oyster River Middle School 1 Coe Drive, Durham, NH 03824 | 5-8 | 1.6 mi |
Mast Way School 23 Mast Road, Lee, NH 03861 | K-4 | 2.9 mi |
Oyster River High School 55 Coe Drive, Durham, NH 03824 | 9-12 | 1.9 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 275-279 Mast Rd
Tax History
Tax History for 275-279 Mast Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$41,839
-1%
$2,058,000
—
2023
$42,148
-8%
$2,058,000
30%
2022
$45,866
4%
$1,579,400
—
2021
$44,081
43%
$1,579,400
42%
2020
$30,822
1%
$1,111,500
—
2019
$30,488
2%
$1,111,500
—
2018
$29,788
6%
$1,111,500
22%
2017
$28,005
3%
$914,000
—
2016
$27,173
—
$914,000
—
2015
$27,283
-2%
$914,000
—
2014
$27,895
7%
$914,000
7%
2013
$25,952
—
$853,400
—
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 275-279 Mast Rd
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- Updated 10 days ago
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- 4Total Baths
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- 5Total Baths
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Sold by Duston Leddy Real Estate
Sold by Duston Leddy Real Estate
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Sold by Four Seasons Sotheby's Int'l Realty
275-279 Mast Road, Durham, NH 03824 (MLS# 5087830) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 275-279 Mast Road is currently listed for $2,750,000 and was received on May 08, 2026. Want to learn more about 275-279 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.