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    Westbrook, ME
    Apartment Building

    Westbrook, ME Apartment Buildings for Sale

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    Gorham, ME Portland, ME Scarborough, ME South Portland, ME Windham, ME Falmouth, ME New Portland, ME Buxton, ME
    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 apartments with a mix of two two‑bedroom and four one‑bedroom units
    4,102 square feet on a 0.18‑acre lot
    Three‑level building constructed in 1900
    Fully occupied with coin‑operated laundry and tenant storage
    Assigned off‑street parking plus detached two‑car garage
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    This listing looks promising.

    Here's a quick look at some key insights for

    8 Spring Street, Westbrook, ME 04092

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    • Est. Cap Rate

      5.9%
      NOI ÷ price

    • Est. NOI

      $67K
      Annual

    • Mortgage

      $452K
      Sep 2019

    • Property Type

      Commercial (General)
      Built 1900
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Westbrook, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    44-Unit Apartment Complex with Five Buildings
    44-Unit Apartment Complex with Five Buildings

    1390 Forest Avenue, Portland, ME 04103

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

    Five-building, wood-frame apartment complex is currently fully occupied with mostly long-term, 2-bedroom tenants.

    View details
    6-Unit Apartment Building
    6-Unit Apartment Building

    10 Adelaide Street, Portland, ME 04103

    $1,325,000
    3,530 sqft

    Private entrances, separate utility metering, rear parking, and shared laundry serve the apartment occupants.

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

    1390 Forest Avenue, Portland, ME 04103

    $9,999,500
    3.80 AC lot

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

    View details
    Apartment Building with Parking Lot
    Apartment Building with Parking Lot

    1844 Forest Avenue, Portland, ME 04103

    $950,000

    Apartment building on month-to-month leases with a 39-space parking lot and B2 zoning for additional residential units.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Detached Two-Family Duplex
    Detached Two-Family Duplex

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Duplex on an R7a-zoned lot with three bedrooms per unit and a semi-finished basement with separate entrance.

    View details
    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details
    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details

    Westbrook, ME Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Westbrook, ME on our real estate platform. These investment opportunities span a total of 4,102 square feet of properties for sale, with an estimated market value of $1,150,000.

    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%

    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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