Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11 Central St Camden, ME 04843

    Sponsored
    For Sale
    $625,000

    MULTI_FAMILY - Colonial - Camden, ME

    Property size:
    1,680 SF
    Lot size:
    0.08 Acres
    Days on Market:
    2
    Last Refresh:
    Feb 10 at 11:06 am

    Property Features for 11 Central St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Village
    Rooms
    Bathroom 1, Basement, Bathroom 2
    Parking features
    Off Street, Assigned
    Patio and Porch features
    Deck
    Interior features
    Attic, Bathtub
    Basement
    Unfinished, Full, Walk-Out Access, Sump Pump
    Size
    1,680 SF
    Lot size
    0.08 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Zoned, Forced Air, Other (Heating), Baseboard
    Water source
    Public

    Building Details

    Year built
    1910
    Floors in Building
    3
    Number of units
    2
    Flooring type
    Laminate, Vinyl, Carpet
    Building materials
    Vinyl Siding, Wood Frame
    Roof type
    Shingle
    Architectural style
    Colonial
    Additional Structures
    Outbuilding

    We can help!

    Listing Contact
    Alexander Cohen

    Camden Real Estate Company (207) 236-6171

    Listing agent Alexander Cohen (207) 236-6171

    Listing date Feb 9, 2026

    MLS# 1651395 Listing URL

    Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Renovated Duplex in Downtown Camden

    This renovated duplex is located in downtown Camden, Maine, offering convenient access to village shops, restaurants, and the harbor. Each unit features an open kitchen and dining area on the main floor, along with a living room. Upstairs, each unit includes two bedrooms and a full bathroom. A bonus attic area offers additional potential. The property has been well-maintained with recent improvements, including newer windows, a newer roof, a new high-efficiency heating system and hot water heater, new carpets, a new sewer line, new appliances, and fresh interior paint. The property offers multiple potential uses, including generating income through short-term or long-term rentals, or conversion into a four-bedroom single-family home. The property size is 1680 square feet and the lot size is 0.08 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Camden
    County
    Knox
    State
    Maine
    Longitude
    -69.067324
    Latitude
    44.212704

    Nearby Similar for Sale

    • New
      $1,500,000
      5,520 SF

      Camden Mixed-Use Income Property

      Downtown Camden commercial space with residential apartment and ocean views.
      48 Washington St, Camden, ME 04843
      View Details
    • $1,750,000
      11,751 SF

      Spacious Inn with Period Details

      Turnkey inn featuring parlors, dining rooms, and ensuite guest rooms.
      82 Elm St, Camden, ME 04843
      View Details
    • New
      $1,350,000
      4,424 SF

      Historic Camden Mixed-Use Property

      Versatile property in the heart of Camden with multiple potential uses.
      84 Elm St, Camden, ME 04843
      View Details
    • $2,225,000
      11,691 SF

      Mixed-Use Complex in Downtown Camden

      Mixed-use property with residential and commercial units near Camden harbor.
      56 Elm St, Camden, ME 04843
      View Details
    • New
      $599,900
      1,354 SF

      Mixed-Use Property in Camden, Maine

      Charming 1880 mixed-use property with endless possibilities in Camden.
      93 Elm St, Camden, ME 04843
      View Details
    • New
      $1,700,000
      8,623 SF

      Retail Opportunity in Camden, Maine

      Retail property for sale in Camden, Maine.
      10 Mechanic St, Camden, ME 04843
      View Details
    • $1,700,000
      8,623 SF

      Camden, ME Retail Investment Opportunity

      Prime Camden location, 8,623 SF retail space.
      10 Mechanic St, Camden, ME 04843
      View Details
    • $2,500,000
      15,152 SF

      Camden Waterfront Inn - $2.5M

      Historic Camden Inn, 9 rooms, owner's quarters.
      72 Elm St, Camden, ME 04843
      View Details

    FAQs

    What type of property is this?
    Duplex - Renovated duplex near shops, restaurants, and harbor.
    Where is this duplex located?
    The property is located at 11 Central St Camden, ME.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: - Renovated duplex in desirable downtown Camden location, steps from shops, restaurants, and the harbor.; - Income-generating potential: live in one unit and rent the other to offset mortgage costs.; - Recent upgrades include newer windows, roof, high-efficiency heating system, hot water heater, sewer line, appliances, carpets, and fresh paint.
    (207) 236-6171
    Request Owner's contact information
    11 Central St Camden, ME 04843
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11 Central St
    Camden, ME 04843
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11 Central St Camden, ME 04843
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Alexander Cohen
    (207) 236-6171
    Learn more
    Google sign-in failed. Please try again or use another login method.