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Under Contract
Laconia, NH

20 Wallace Court

$450,000108 days on market

MLS# 5101357

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The Listing

A multi-family home in Laconia.

Bedrooms
Baths
1,872
Sq Ft
0.2
Acres

Investment Summary

Units
2
Multi-Family
Price / Unit
$225,000
Tax / Unit
$2,023/yr
$4,046 total
Zoning: urban commercial

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Description

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!

Features

Heating

Natural Gas

Cooling

None

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Financial

Annual Taxes
$4,046

Location

Listing History

This property was listed at $475,000 on May 27, 2026. The price was reduced by $25,000 (5.3%) to $450,000 on Invalid Date. It has been on the market for 108 days.

Sale History

DateSale Price
Sep 1, 2026$400,000
Multi-Family · NH-Belknap County · Listed May 27, 2026

About Laconia, NH

Laconia is the largest city in the Lakes Region, offering a mix of urban amenities and lakefront living. Weirs Beach, the region's most famous beach, is within city limits. Home to Motorcycle Week (the oldest rally in the US) and a revitalizing downtown with craft breweries and restaurants.

Weirs Beach boardwalk & arcades
Laconia Motorcycle Week (est. 1916)
WinnAero aviation education at airport
Opechee Park & beach
Lakes Region General Hospital
Drive-in movie theater at Weirs
County: Belknap
Population: ~17,000
Schools: Laconia (SAU 30)

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

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Recently Sold in Laconia

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

$450,000

Under Contract

Sq Ft1,872
$/Sq Ft$240
Lot0.18 acres
Built1930
Listing courtesy of KW Coastal and Lakes & Mountains Realty/Wolfeboro · Adam Dow · 603-610-8500 · Phone: 866-525-3946
PrimeMLS

IDX display courtesy of Yankee Pedlar Realtors, Wolfeboro NH.

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Listing brokers may report inaccurate data to michelle@yankeepedlarrealtors.com or call (603) 569-1000.