Apartment Building

Westbrook, ME Apartment Buildings for Sale

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Six-Unit Apartment Building
Updated: Aug 7
Six-Unit Apartment Building

8 Spring Street, Westbrook, ME 04092

$1,150,000
4,102 sqft 0.18 AC lot
Six‑unit apartment building with two two‑bedroom units and four one‑bedroom units
Fully occupied property arranged across three levels
4,102 Square Feet on 0.18 acres
Assigned off‑street parking and detached two‑car garage
Coin‑operated laundry, tenant storage, and double‑pane windows
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Six-Unit Apartment Building
Updated: Aug 10
Six-Unit Apartment Building

8 Spring St, Westbrook, ME 04092

$1,150,000
4,102 sqft
Six‑unit apartment building with two two‑bedroom units and four one‑bedroom units
4,102 SF building across three levels, constructed in 1900
Fully occupied multifamily property
Dedicated off‑street parking and detached two‑car garage
Double‑pane windows, coin‑operated laundry, and tenant storage
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Westbrook, 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

10 Adelaide Street, Portland, ME 04103

$1,325,000
3,530 sqft 0.23 AC lot

Apartment property with private entrances, separately metered utilities, basement laundry, and off-street resident parking.

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44-Unit Apartment Complex with Multiple Buildings
44-Unit Apartment Complex with Multiple Buildings

1390 Forest Ave, Portland, ME 04103

$9,999,500
39,592 sqft 3.80 AC lot

Forty-four two-bedroom apartments across five buildings, with heat and hot water included and on-site storage and parking.

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44-Unit Apartment Complex
44-Unit Apartment Complex

1390 Forest Avenue, Portland, ME 04103

$9,999,500
39,592 sqft 3.80 AC lot

Five-building multifamily property with public utilities, on-site parking, updated windows, and a mix of apartment layouts.

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6-Unit Apartment Building
6-Unit Apartment Building

10 Adelaide Street, Portland, ME 04103

$1,325,000
3,530 sqft

Updated apartments offer private entrances, separate utility metering, rear parking, and shared basement laundry.

View details

Westbrook, ME Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Westbrook, ME on our real estate platform. These investment opportunities span a total of 8,204 square feet of properties for sale, with an estimated market value of $2,300,000.

Sale prices for two-family homes in Westbrook, ME average $1,150,000 — 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 20K
Population Growth (5Y) +11.2%
Median Household Income $85,868
College Educated 26.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
04092 $1.2M

Taxes & Financing

Tax Rate (average for all types) 1.66%
Property Tax per SF $27.97 per SF
Tax Rate vs County Average 0.14 pp above 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 Westbrook fall within the 100,000+ square foot range.

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