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$799,000
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Property Description
Investment property, Great income stream from Laundromat and tenants. Fantastic location close to public transportation and local amenities.
Full Property Details
Full Property Details for 16 Railroad Ave
General
- Price: $799,000
- Status: Active
- Type: Multi-Family
- Source: PrimeMLS
- MLS ID: 5088349
- Updated: 6/8/2026
- Added to Site: 63 day(s) ago
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Off Street, On-Site
Location
- County: Grafton
- Driving Directions: GPS Friendly
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
Utilities
- Sewer: Public
Structural Information
- Construction Status: Existing
- Basement: Yes
- Basement Entrance: Walk-up
- Basement Desc.: Basement Stairs, Bulkhead
- Roof: Shingle
- Stories/Levels: 2
- Finished Total: 2,878 Sq. Ft.
- Finished Above Grnd: 2,878 Sq. Ft.
- Year Built: 1968
Unit Information
- 2 Bedroom Units: 1
- 3 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,068
- Frontage: No Road Frontage
- Driveway/Sidewalk: Paved
- Zoning: CBD
Financial Considerations
- Price Per Sq. Ft.: $277.62
Disclosures and Reports
- Lot Number: 9
Listed by BHG Masiello Keene, Ara Cardew
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Schools
Schools serving 16 Railroad Ave
School District:Lebanon School District
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 16 Railroad Ave
Date
Details
Price
Change
Source
6/08/2026
Price Reduced
$799,000
-11.12%
MLS
5/20/2026
Price Reduced
$899,000
-5.37%
MLS
5/12/2026
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 16 Railroad Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,034
68%
$698,300
105%
2024
$8,956
8%
$340,800
—
2023
$8,275
5%
$340,800
—
2022
$7,852
-27%
$340,800
-15%
2021
$10,795
7%
$400,100
20%
2019
$10,104
2%
$332,700
—
2018
$9,888
2%
$332,700
—
2017
$9,675
3%
$332,700
—
2016
$9,359
2%
$332,700
—
2015
$9,186
-5%
$332,700
-10%
2014
$9,665
3%
$367,900
—
2013
$9,385
—
$367,900
—
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 16 Railroad Ave
16 Railroad Avenue, Lebanon, NH 03784 (MLS# 5088349) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 16 Railroad Avenue is currently listed for $799,000 and was received on May 12, 2026. Want to learn more about 16 Railroad Avenue? Do you have questions about finding other Multi-Family real estate for sale in Lebanon? You can browse all Lebanon real estate or contact a Coldwell Banker agent to request more information.

