Meredith, NH

2 Waukewan Avenue

Last sold Apr 6, 2026 for $537,000

Listed at $510,000

MLS# 5076898

Sold in 47 days
3,353 Sq Ft
$160 $/Sq Ft
0.34 acres Lot
1860 Built

Investment Summary

Units
4
Multi-Family
Price / Unit
$127,500
Tax / Unit
$909.60/yr
$3,638.41 total
Cap Rate
9.0%
NOI / Price
GRM
8.6x
Gross Rent Multiplier
Gross Income
$59,400/yr
NOI
$45,875/yr
Zoning: Residential

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Description

Exceptional investment opportunity in the heart of Meredith! This well-maintained 4-unit multi-family property is ideally located just a short walk to downtown shops, restaurants, the town beach, and public boat launch — offering tenants the very best of Lakes Region living. The building features a strong unit mix of two 2-bedroom apartments, one 1-bedroom apartment, and one studio, appealing to a wide range of renters. Separate utilities provide added value and reduced owner expenses, making this an efficient and attractive income-producing property. Fully rented with solid rental history, this property generates consistent cash flow and presents a turnkey opportunity for investors looking to expand their portfolio in one of New Hampshire’s most desirable lakefront communities. Prime location. Strong income. Excellent long-term upside.

Features

Heating

Propane
Baseboard
Direct Vent
Electric

Cooling

None

Parking

Driveway
Parking Spaces 6+
Unassigned

Financial

Annual Taxes
$3,638.41

Location

Listing History

This property was listed on Feb 18, 2026. It sold on Apr 6, 2026 for $537,000.

Sale History

DateSale Price
Jun 28, 2022$340,000
Multi-Family · NH-Belknap County · Listed Feb 18, 2026 · Sold Apr 6, 2026

About Meredith, NH

Meredith sits where Lake Winnipesaukee, Waukewan, and Paugus Bay converge. Its bustling town center features Mill Falls Marketplace, year-round dining, and the Meredith Sculpture Walk. It's the commercial hub of the northern lake region, with strong tourism and a growing year-round economy.

Mill Falls Marketplace & inns
Annual Sculpture Walk
Meredith Bay boardwalk & public docks
Annalee Dolls headquarters
Gateway to Squam Lake & White Mountains
Year-round dining & entertainment
County: Belknap
Population: ~6,600
Schools: Inter-Lakes (SAU 2)

Distances are approximate. Click any destination for driving directions. NH has no state income tax or sales tax.

Recently Sold in Meredith

AddressSold PriceSold
18 Bay Ridge Drive$2,625,000Apr 15, 2026
20 True Road$153,000Apr 15, 2026
11 Quimby Road$5,502,000Apr 10, 2026
35 Pinnacle Ridge Road$725,000Apr 10, 2026
00 Pease Road$240,000Apr 3, 2026
18 Hickorywood Circle$707,500Apr 1, 2026

Closed sales in the past 12 months. Data from PrimeMLS.

$537,000

Sold Apr 6, 2026

Sq Ft3,353
$/Sq Ft$160
Lot0.34 acres
Built1860
Listing courtesy of RE/MAX Innovative Bayside · The Platinum Group · 603-279-0079 · chriskelly@baysidenh.net · Selling office: RE/MAX Innovative Bayside
PrimeMLS

Listing information provided by PrimeMLS for personal, non-commercial use. Data deemed reliable but not guaranteed. © 2026 PrimeMLS, Inc.