- beds
- 5
- baths
- 2
- sq ft
- 2,343
- Built
- 1867
16 Parkhurst Street
Lebanon, NH 03766
Residential Income · Active · MLS #5106772
Listing Courtesy of Coldwell Banker LIFESTYLES - Hanover | Joe Flanagan
The home
About this home
Excellent investment opportunity with potential for a third unit. This well-located two-family property sits just off the Lebanon Green and Colburn Park, with immediate access to downtown Lebanon’s restaurants, shops, Lebanon Opera House, public library, farmers markets, and community events. The first-floor unit offers 3 bedrooms, 1 full bath, living room, kitchen, and laundry room, with the laundry room also providing additional storage. The second-floor apartment features 2 bedrooms, 1 full bath, living room, kitchen, and its own laundry room. An attached barn at the rear of the property is currently used for storage and offers potential for additional living space. Preliminary plans for a possible third unit are available for review, providing an opportunity to add value and future rental income, subject to approvals. Prime location, flexible layout, and expansion potential make this a compelling opportunity for an investor or owner-occupant looking to generate rental income in the heart of downtown Lebanon.
Property information
Details at a glance
Interior2 property facts
- Heating
- Steam, Oil
- Cooling
- None
Building3 property facts
- Style
- Multi Family
- Year built
- 1867
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.24 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- LD
Financial2 property facts
- Annual taxes
- $10,233
- Assessment year
- 2025
Plan your purchase
Estimated monthly cost
Explore costs at the $495,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$3,356 / monthAdjust
- Principal & interest
- $2,503
- Property tax
- $853
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $10,233. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Listing history
Price and status timeline
No additional listing history is available for public display.
Compare with confidence
Price & market context
See how this home compares with active listings in Lebanon.
| Metric | This home | Local listings |
|---|---|---|
| List price | $495,000 | $497,500Near the local benchmark |
| Price / sq ft | $211 | $24313% below local |
| Days on market | 16 | 2945% below local |
Active city listing statistics from PrimeMLS as of September 12, 2026. Asking prices are not completed-sale values.
Keep exploring
Similar homes nearby
Same city and within 25% of the asking price, matched by property type and bedroom count when available and ranked by size and price.
Need help making sense of this home?
Common questions
About 16 Parkhurst Street
Can I request a private showing?
Request a tour of 16 Parkhurst Street and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.
Research before you tour
We’ll help you get the available information about this home.