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    Gorham, ME Westbrook, ME South Portland, ME Saco, ME Portland, ME Old Orchard Beach, ME Buxton, ME Cape Elizabeth, ME
    16-Unit Apartment Property with Heat Pumps
    Updated: Apr 28
    16-Unit Apartment Property with Heat Pumps

    90 Broadturn Road, Scarborough, ME 04074

    $2,999,999
    11,478 sqft 9.00 AC lot
    16 apartments across four buildings on a 9‑acre property
    Unit mix includes fifteen 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
    11,478 square feet; buildings constructed in 1945
    All units occupied at present
    Heat pumps installed in all units, with updated major systems
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    Renovated 16-Unit Apartment Complex
    Updated: Apr 28
    Renovated 16-Unit Apartment Complex

    90 Broadturn Road, Scarborough, ME 04074

    $2,999,999
    11,478 sqft 9.00 AC lot
    9‑acre apartment property with 11,478 square feet
    Four buildings containing 16 apartments
    Unit mix includes fifteen 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
    All units are currently occupied
    Each apartment has two dedicated parking spaces, plus guest overflow parking
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    Multifamily Apartment Building
    Multifamily Apartment Building

    90 Broadturn Road, Unit 1, Scarborough, ME 04074

    $2,999,999
    11,478 sqft

    Residential income property offered for sale in Scarborough, with a stated building size of 11,478.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Scarborough Multifamily Investment Opportunity
    Scarborough Multifamily Investment Opportunity

    90 Broadturn Rd, Scarborough, ME 04074

    Contact for pricing
    11,478 sqft

    16-unit multifamily property in desirable Scarborough location.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Scarborough, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Well-Maintained Five-Unit Apartment Building
    Well-Maintained Five-Unit Apartment Building

    365 Main Street, Biddeford, ME 04005

    $940,000
    3,705 sqft

    Five-unit residential income building with solid mechanical systems in an in-town setting near shopping and dining.

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    Well-Maintained Five-Unit Apartment Building
    Well-Maintained Five-Unit Apartment Building

    350 Main Street, Biddeford, ME 04005

    $950,000
    3,503 sqft

    A well-maintained 5-unit apartment building with solid mechanical systems, offered for sale with 48-hour showing notice.

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    8-Unit Apartment Building
    8-Unit Apartment Building

    78 Ocean Ave, Old Orchard Beach, ME 04064

    Contact for pricing

    Multifamily asset with an eight-unit residential configuration near the beach.

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    Old Orchard Beach Multifamily Investment
    Old Orchard Beach Multifamily Investment

    96 1st St, Old Orchard Beach, ME 04064

    Contact for pricing
    2,869 sqft

    Multifamily property near the beach with year-round rental potential.

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    Scarborough, ME Apartment Buildings Market Trends and Statistics

    Explore 4 apartment buildings for sale in Scarborough, ME, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 45,912 square feet of properties for sale, with an estimated market value of $8,999,997.

    Sale prices for two-family homes in Scarborough, ME average $2,999,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 23K
    Population Growth (5Y) +14.3%
    Median Household Income $125,642
    College Educated 39.7%

    High-Yield Neighborhoods for Investment

    Identify Scarborough submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    04074 $3M

    Taxes & Financing

    Tax Rate (average for all types) 1.45%
    Property Tax per SF $40.17 per SF
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cumberland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Cumberland County

    Retail

    Office

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Scarborough fall within the 100,000+ square foot range.

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    Featured Scarborough Real Estate Agencies

    Realmo connects you with licensed Scarborough CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    The Real Estate Store
    252 Rt 1 Scarborough, ME 04074
    Phone: 12078834327
    www.RealEstateStore.me

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