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    The Largest CRE Database in the US with Over 1 Million Listings

    1327 S 1St St York, ME 03902

    Sponsored
    For Sale
    $799,000

    MULTI_FAMILY - Other - York, ME

    Property size:
    2,427 SF
    Lot size:
    0.95 Acres
    Days on Market:
    1
    Last Refresh:
    Jan 27 at 3:06 pm

    Property Features for 1327 S 1St St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Res
    Rooms
    Bathroom 3, Bathroom 2, Bathroom 1
    Patio and Porch features
    Porch
    Interior features
    1st Floor Bedroom, Shower
    Basement
    Crawl Space
    Size
    2,427 SF
    Lot size
    0.95 Acres

    Utilities

    Sewer type
    Private Sewer
    Heating system
    Baseboard, Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1910
    Floors in Building
    3
    Number of units
    2
    Flooring type
    Tile, Carpet, Vinyl
    Building materials
    Vinyl Siding, Wood Frame
    Roof type
    Shingle, Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Robert Coles Jr.

    RE/MAX Realty One (207) 363-2497

    Listing agent Robert Coles Jr. (207) 363-2497

    Listing date Jan 27, 2026

    MLS# 1650376 Listing URL

    Copyright © 2026 Maine Real Estate Information System, Inc. 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

    Classic York Duplex on Route 1

    This classic side-by-side duplex, originally built in the early 1900s, is located in the heart of York on US Route 1, offering proximity to York's beaches, dining, and coastal attractions. Currently used as a rental property, this duplex features two well-defined units with many updates already completed. Unit 1 has a 2 3/4 story layout with a modern kitchen and flexible living spaces, including 2/3 bedrooms, a full bath, and a finished attic area. Unit 2 is a two-story layout with two recently updated bathrooms and rooms with new flooring. The property, situated on a 0.95-acre lot, has a total size of 2427 square feet. The side-by-side design provides privacy and functionality for tenants or owner-occupants. The property is fully functional as-is, though some buyers may choose to update or renovate to suit their taste and maximize long-term value. It offers a balance of immediate usability and future potential, making it an appealing option for investors, owner-occupants, or those seeking a flexible property in a high-demand location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Building Supply Auto Repair Shop Accounting Firm Department Store Bar & Pub Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    York
    County
    York
    State
    Maine
    Longitude
    -70.620604
    Latitude
    43.196118

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    FAQs

    What type of property is this?
    Duplex - Charming duplex in York, near beaches and coastal attractions.
    Where is this duplex located?
    The property is located at 1327 S 1St St York, ME.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - Classic side-by-side duplex in the heart of York, offering rental income potential.; - Prime location on US Route 1, minutes from York's beaches, dining, and coastal attractions.; - Two well-defined units with many updates already completed.
    (207) 363-2497
    Request Owner's contact information
    1327 S 1St St York, ME 03902
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    York, ME 03902
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    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
    1327 S 1St St York, ME 03902
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    We can help!
    Listing Contact
    Robert Coles Jr.
    (207) 363-2497
    Learn more
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