Browse All Laconia NH Multi-Family Properties for Sale

Don't miss this rare opportunity to own a versatile, income-producing multi-family property on a private 2.5 acre lot in the heart of New Hampshire's beautiful Lakes Region! This unique property offers three separate rental opportunities, making it ideal for investors, owner-occupants, or multi-generational living. The main building features a spacious 3-bedroom townhouse-style unit and a comfortable 2-bedroom unit, while a fully detached studio cottage provides an additional income stream or private guest space. Also an oversized 2 car garage with a second story area that may be able to become another living space. Property Highlights: • Three independent rental units • 6 bedrooms and 5 bathrooms total • Over 3,500 square feet of living space • Private 2-acre lot with a peaceful brook • Large detached garage with abundant storage • Plenty of off-street parking • Individual electric meters • Washer/dryer hookups in multiple units • Convenient location near Downtown Laconia, Route 106, and the Laconia Bypass • Minutes to Lake Winnipesaukee, shopping, restaurants, and year-round recreation. Whether you're looking to expand your investment portfolio, live in one unit while collecting rental income, or accommodate extended family, this property offers flexibility, strong income potential, and an unbeatable Lakes Region location.

601-607 Province Rd, Laconia

$429,000

5101784 MLS

Great first time buyer opportunity! Live in one apartment and collect rent on the other! Recent capital improvements include a new architectural shingle roof with all new plywood sheathing, freshly painted exterior, renovated first-floor bathroom, plumbing upgrades, electrical repairs, new hot water heater, new oil tank, a new range in the first-floor kitchen. Welcome to this well-maintained two-family home in one of Laconia's most convenient neighborhoods, just a quick walk to Concord Hospital. Whether you're looking for an owner-occupied property or an investment with immediate income, 36 Beaman Street offers spacious apartments, classic character, and excellent upside potential. The vacant first-floor apartment is ready for occupancy. It features hardwood floors, a brand new 3/4 bath with updated plumbing, a bright heated den with an electric wood stove, accessing the rear deck looking out at the level backyard. The flexible floor plan includes a spacious living room, dining room, kitchen, bedroom, and den or home office. Laundry and storage are in the basement. The second-floor apartment is currently rented on a month-to-month basis and offers one to two bedrooms, a living room, eat-in kitchen, laundry and 3/4 bath, and a mini-split for summer cooling. The apartment provides immediate rental income, and a way to build equity. Additional features: separate utilities, separate access to the basement for storage, a large detached two-car garage, off-street parking, and a pleasant backyard with a covered gazebo for relaxing or entertaining. Walking distance to Concord Hospital. Schools, shopping, downtown, restaurants, theatre, parks and Lake Winnisquam are among the nearby amenities of New Hampshire's Lakes Region. Whether you're searching for an owner-occupied property or a solid investment with room for future income growth, this classic New England two family home is ready for its next owner.

36 Beaman St, Laconia

$475,000

5101357 MLS

Welcome to this fully revitalized 2-unit property in the heart of Laconia’s Urban Commercial zone! Each unit offers spacious living, with both units providing 3 bedrooms and 1 bath—ideal for an owner-occupant or investor. The home was gutted and fully renovated just a few years ago, blending modern comfort with 1930s charm. Public water/sewer, 100-amp electric service, and efficient gas heating ensure easy living. Enjoy plenty of parking, and take advantage of the extra area that could potentially house a second duplex—offering even more investment potential. Steps from Lake Opechee, the WOW Trail, and downtown attractions, this property offers a rare chance to enjoy Lakes Region living or generate rental income. Come see the potential!

20 Wallace Ct, Laconia

$699,900

5100749 MLS

Nicely updated four-unit multifamily property located near downtown Laconia. All four units were remodeled in 2022 and have been well maintained. The ground level has a 3 bedroom/1 bath unit and a 2 bedroom/1.5 bath unit. Upstairs there is a 2 bedroom/1 bath unit and a 1-2 bedroom/1 bath unit. The large unfinished attic offers significant potential to add value to the two upper units. Each unit includes an in unit washer and dryer, along with updated appliances throughout. The full unfinished basement includes updated electric panels with GFCI breakers, a well maintained boiler system and newer electric water heaters. All units are currently rented at market rates. Listing photos were taken prior to current tenant move-ins. Seller is a licensed NH real estate agent.

88 Bowman St, Laconia

$400,000

5095164 MLS

Excellent investment opportunity to own this well-maintained three-unit property located in a desirable neighborhood, just minutes from everything the Lakes Region has to offer, including restaurants, shopping, beaches, schools, the hospital, and downtown amenities. Unit A features two levels of living space with three bedrooms, an enclosed porch, and extensive renovations throughout. Unit B is a first-floor, two-bedroom unit currently undergoing rehabilitation, with major improvements already completed, including new electrical and plumbing systems. Unit C is a fully renovated second-floor, two-bedroom unit. Additional highlights include some newer windows, a newer furnace and hot water heater, a spacious backyard, and ample off-street parking. Current rental income is $1,950 and $1,725, with projected rent of $1,775+ for Unit B upon completion. Financials and additional property details are available upon request.

31-33 Howard St, Laconia

$720,000

5094546 MLS

Amazing turnkey investment opportunity for investors or owner occupants in beautiful Laconia! This Four-Unit Multifamily building is about as versatile as it gets, showcasing a vacant two level 3-bedroom townhouse style apartment with newer kitchen, updated bathroom and fresh paint, and a renovated 1-bedroom apartment with all new floors, new light fixtures and fresh paint! The other 1 bedroom and two level 2-bedroom 1.5-bathroom apartments are rented with long time tenants in place. All units have separated utilities, and each apartment has a common hallway and a private entry, giving it a personal feel. If you're looking for a chance to house hack or simply add to the portfolio, this checks all the boxes! Situated close to downtown shops, restaurants and local amenities.

56 Harvard St, Laconia

$465,000

5093940 MLS

In today's real estate market this could be your housing solution..An owner occupy 2 family is an opportunity worth considering. Build equity while offsetting your living expenses with rental income from the 3 bedrm second floor unit. This property is located in a terrific neighborhood just steps from Tardiff Park..imagine a playground and basketball courts right there! Conveniently close to schools, hospital and local amenities. Unit#1 features 3 bedrooms, laundry hook-ups, an enclosed porch and appl'd kitchen. Unit#2 also offers 3 bedrooms, laundry hook-up, and appl'd kitchen. Unit#1 is currently vacant for easy showings. Unit#2 will soon be vacant making this an ideal owner occupy or investor opportunity. Additional features include a walk up attic, separate electric service, cast iron baseboard heat and an oversized heated garage with walk up partially finsihed room...endless possibilities for storage, hobbies, workshop or future expansion. All on a .43 acre yard with plenty of paved parking. This versatile 2 family is sure to check many boxes.

9 Crescent St, Laconia

$1,950,000

5093247 MLS

Exceptional investment opportunity featuring a portfolio of 14 residential units, a detached multi-bay barn/garage, and an additional vacant buildable lot for plenty of extra parking or future development potential. The fully occupied apartment building consists of 14 residential units, including one large 1-bedroom unit and thirteen 2-bedroom units. 13 units have been renovated, providing an attractive mix of updated living spaces and strong rental income. Property improvements include newer circuit breaker panels, a SuperStore hot water system and individual Rinnai wall furnaces serving each unit. The expansive walk-out lower level offers additional value with a future coin-operated laundry room, workshop area and ample storage space. A standout feature of the property is the detached two-story barn/garage structure. The upper level includes six separate garage bays, each measuring approximately 18' x 10'. The lower level features an oversized 61' x 25' garage/storage area with drive-in access, creating exceptional potential for additional rental income, storage, workshop, or business use. Currently vacant, this space offers the new owner the flexibility to maximize its value based on their specific needs and investment goals. Also included is a separate vacant lot, offering potential for future development, additional parking, outdoor storage, or other value-add opportunities (subject to local approvals). This unique offering combines strong in-place cash flow with significant upside potential through continued improvements, additional rental income opportunities, and future development possibilities. Financial information, rent roll, and unit photographs are available upon request.

8-10 Arch St, Laconia

$975,000

5092535 MLS

Exceptional investment opportunity (8%+ ROI) in the heart of Laconia. This five-unit multifamily property offers a diverse mix of apartments ranging from a spacious four-bedroom unit to a studio, providing broad tenant appeal and excellent rental flexibility. Ideally situated on a quiet side street, the property is within walking distance of downtown Laconia, shopping, restaurants, schools, parks, and everyday conveniences. One of its most attractive features is its proximity to the public beach on beautiful Lake Opechee, allowing tenants to enjoy swimming, kayaking, fishing, and lakeside relaxation just a short stroll from home. The varied unit mix appeals to a wide range of tenants, from individuals and couples to larger households, helping support strong occupancy and long-term investment performance. Located in the heart of New Hampshire's Lakes Region, the property offers convenient access to area recreation, employment, and services while maintaining a neighborhood feel. Property Highlights: Five-unit multifamily property Apartment sizes ranging from studio to four-bedroom Walking distance to downtown Laconia Short walk to the public beach on Lake Opechee Close to shopping, restaurants, schools, and parks Strong tenant appeal with diverse unit mix Excellent Lakes Region investment opportunity "A rare opportunity to own a versatile multifamily property in a convenient in-town location, with the added benefit of nearby lake access and all that the Lakes Region has to offer."

8 Lewis St, Laconia

$1,130,000

5092356 MLS

9-unit mixed use property in central Laconia consisting of eight 1-bedroom apartments and a 928 SF commercial space. The building has been improved through updates to several apartments and the common areas, and the roof was replaced in 2021. All 8 apartments are occupied and rents are terrific with an average residential rent of $1,432/unit/month, and opportunity exists for the next owner to add revenue by leasing the commercial space. In total, the property generates ~$155K in pro forma gross revenue and ~$105K per year in NOI, corresponding to a 9.3% cap rate at the asking price. Landlord pays for heat, hot water, cold water, and electricity. There are 6 off-street parking spaces and ample street parking in the immediate vicinity. Owner is a real estate licensee.

261 Union Ave, Laconia

$599,000

5086938 MLS

A rare piece of history — with serious opportunity. This spacious yet cozy 1780 home was built by the venerable Jacob Jewett, and its rich history and impressive pedigree are still felt in every room. Original character remains intact — wide floors, wood fireplaces, old-world charm — alongside some upgrades/updates throughout (including vinyl plank flooring, kitchen island, wine cooler, and 1st-floor laundry). At 3,388 sq. ft. of finished living space across 1.75 stories, with 5 bedrooms and 4 bathrooms (one full, three three-quarter), this is not just a home — it's a lifestyle. Here's what makes it truly unique: It's a legal 2-unit property with two separate workshop/storage areas — creating real cash-flow opportunities. Perfect for an owner-occupy with in-law suite (already in place), or even a lawyer/accountant office with proper zoning variances. Investor or homeowner? This one works for both. Step outside to nearly half an acre (0.48) with a generously sized deck, full fence, garden space, and plenty of room to entertain. Two street entrances/exits and a paved driveway with plenty of parking for tenants, guests, or work vehicles. Location? Still everything. Minutes from the hospital, grocery stores, big-box hardware, downtown shops, and everything the Lakes Region is famous for. Why now? The seller had no intention of letting this one go. Great rental history. Real cash flow. But life changes direction — and now this historic gem could be yours.

42 Gilford Ave, Laconia

$575,000

5086582 MLS

A unique opportunity. Spacious 2-family ranch with private entries on a 1.86 acre lot. Updated main unit has 3 bedrooms and 2 updated bathrooms. The 2nd attached unit has an updated eat-in kitchen, bedroom, full bath & living room, would great for additional income or an in-law, or use as a home office, or guest wing. The house has 2 upgraded kitchens, with hardwood, and vinyl plank flooring. Main unit has a large sunny living room with fireplace, sunny den with brick fireplace with electric insert, and primary bedroom with private bathroom & cedar closet. Additional space and plenty of storage or additional living space in the lower level. Newer roof, all newer windows. City water, city sewer, Sunny 3-season porch attached to the oversized heated 2 car garage. Large storage shed. Nicely situated on a large 1.86 acre lot. Road Frontage along North Main St, and the Property abuts the city-owned lot with Perley's Pond. Very short walk to Lake Opechee Park.

1090 Main St, Laconia

$425,000

5082433 MLS

CASH COW! This duplex has been renovated and is ready for two new tenants! Perfect for seasoned investors or owner occupied, right in the heart of downtown Laconia! Take advantage of the new Social District just walking distance away! Ideally located within walking distance to local amenities including the gym, Town Hall, Taco Bay, and just steps from Concord Hospital Laconia, this in-town property offers convenience that today’s renters are actively seeking. Each unit features a spacious and well-designed layout. The first-floor unit offers 2 bedrooms and 1 bath, while the second-floor unit includes 2 bedrooms plus a loft and 1 bath—providing flexible living space that appeals to a wide range of tenants. With separate utilities already in place, this property is well-positioned for easy management and strong rental performance. The downstairs unit most recently rented for $1,900/month, and the upstairs for $2,100/month, making this a compelling income-producing asset. Located in Laconia—known as the “City of the Lakes”—you’re just minutes from Lake Winnipesaukee, Lake Opechee, and Lake Winnisquam. This sought-after Lakes Region location draws year-round visitors, enhancing rental demand and long-term value. Whether you’re looking to owner-occupy and offset your mortgage by renting the second unit, or expand your investment portfolio in a high-demand area, this property checks all the boxes. With its prime location, strong rental history, and proximity to lakes, healthcare, and downtown attractions, this is an opportunity you won’t want to miss.

7 Elliott St, Laconia

$3,650,000

5082106 MLS

An iconic presence in the heart of the Lakes Region, Grand View Resort operates at full strength with consistent maximum occupancy—a testament to its reputation, premier location, and loyal guest following. This is more than a property purchase; it’s the acquisition of a thriving, turnkey hospitality business with proven performance, positioned along a high-visibility corridor with strong traffic counts between Laconia and Weirs Beach. Set on approximately 3± level acres, the immaculately maintained compound has undergone substantial renovations in recent years. The 12-unit hotel was taken down to the studs and thoughtfully rebuilt, offering the feel and efficiency of new construction while preserving classic Lakes Region charm. Two end suites feature full kitchens and private decks—perfect for sunrise coffee or golden hour lake views. The motel also includes a 2-car under garage for added convenience and operations. The 10-bedroom main house, complete with an office, offers exceptional flexibility—ideal as an owner’s suite, additional rental income, or a boutique hospitality experience with a historic bed-and-breakfast feel. The main living area showcases multi-million-dollar views of Lake Winnipesaukee, creating an unforgettable setting. Eight charming cottages and two beautifully renovated cabins blend character with modern comforts, offering a diverse mix of accommodations that keep guests returning year after year. The setting is nothing short of spectacular, with sweeping views from the Broads to Mount Chocorua and front-row seats to watch the MS Mount Washington pass by. Guests enjoy an Olympic-sized heated saltwater pool and patio overlooking lake and mountain vistas that define the New Hampshire experience. With extensive updates complete and a strong operational foundation, this is a rare opportunity to step into a flourishing business in one of the region’s most recognizable destinations—reimagined, revitalized, and ready for its next chapter.

291 N Endicott St, Laconia

$419,000

5057586 MLS

Fully rented at $4050 per month with tenants paying utilities, this coveted side-by-side duplex is the perfect investment for a seasoned or new investor. Many updates including full paint throughout the interior and exterior, updated electrical, refinished hardwood floors, and more. With three levels of living and large basement for storage & laundry, these apartments are desirable, townhouse style rentals, perfect for families.

45 Joliet St, Laconia

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