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    Scarborough, ME
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    Scarborough, ME Apartment Buildings for Sale

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    Gorham, ME Westbrook, ME South Portland, ME Old Orchard Beach, ME Portland, ME Saco, 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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    Scarborough Multifamily Investment Opportunity
    Scarborough Multifamily Investment Opportunity

    90 Broadturn Road, Unit 1, Scarborough, ME 04074

    $2,999,999
    11,478 sqft

    16-unit multifamily property in desirable Scarborough location.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 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.

    Six-Unit Apartment Building
    Six-Unit Apartment Building

    8 Spring Street, Westbrook, ME 04092

    $1,150,000
    4,102 sqft 0.18 AC lot

    Fully occupied apartment property with assigned off-street parking, tenant storage, and a detached two-car garage.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    8 Spring St, Westbrook, ME 04092

    $1,150,000
    4,102 sqft

    Three-level property with a mix of one- and two-bedroom residences in downtown Westbrook.

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    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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    Scarborough, ME Apartment Buildings Market Trends and Statistics

    Explore 3 apartment buildings for sale in Scarborough, ME, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 34,434 square feet of properties for sale, with an estimated market value of $8,999,997.

    Sale prices for apartment complexes 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.

    How Realmo verifies these figures

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