Four-Unit Residential Income
20 Temple Street Auburn, ME 04210
For Sale
$499,000
MULTI_FAMILY - Auburn, ME
Property Size2,906 SF
Lot Size0.15 Acres
Price / SF$171.71
Days on Market13
Property Features for 20 Temple Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Res
Bathrooms
4
Rooms
Bathroom 3, Basement, Bathroom 2, Bathroom 1, Bathroom 4
Parking features
Off Street
Patio and Porch features
Porch
Interior features
Storage
Basement
Full, Unfinished
Standard status
Active
Size
2,906 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4313
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Oil, Baseboard
Water source
Public
Building Details
Year built
1920
Floors in Building
2
Number of units
4
Flooring type
Carpet, Vinyl
Building materials
Wood Frame, Vinyl Siding
Roof type
Shingle
Additional Structures
Storage
Listing Agency:
The Dot Fernald Team, Inc.
(207) 240-0052
Listed By:
Erika Robert
(207) 330-5290
Added: Jul 17
Changed: Jul 29
Last Checked: Jul 29 at 7:06AM
MLS# 1672329
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.
Investment Insights
Based on property information with market context.
This well-cared-for four-unit residential income property offers a mix of unit types, including two efficiency units and two additional units that could be configured as either 3-bedroom or 2-bedroom with an office. The building has undergone numerous updates over the years, and two units are described as fully furnished. Tenant storage is also noted as available to support day-to-day needs.
The property is located on a quiet dead-end street in Auburn, Maine, with Chestnut Park noted as being directly nearby. A new paved driveway is listed as scheduled for July 2026, and the porch has been freshly painted.
With 4 units described as 100% occupied, the property presents an income-focused residential option for investors or owner-occupants, depending on the buyer’s preference.
The property is located on a quiet dead-end street in Auburn, Maine, with Chestnut Park noted as being directly nearby. A new paved driveway is listed as scheduled for July 2026, and the porch has been freshly painted.
With 4 units described as 100% occupied, the property presents an income-focused residential option for investors or owner-occupants, depending on the buyer’s preference.
Key Highlights
- 4‑unit property with 100% occupancy
- Two efficiency units plus two additional units that could be used as 3BR or 2BR with office
- Two units are fully furnished
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.5k | $14.28 |
| − Vacancy | −$552 | −$0.19 |
| EGI | $40.9k | $14.09 |
| − OpEx | −$12.3k | −$4.23 |
| NOI | $28.7k | $9.86 |
2,906 SF · lease $14.28/SF/yr · vacancy 1.33% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$409.5K
$358.3K – $477.7K
NOI $28,662 @ 7.0% cap · market cap 5.74%
Second Best
Apartment 5plus
$389.0K
$340.4K – $453.9K
NOI $27,232 @ 7.0% cap · market cap 5.46%
Theoretical Best
Warehouse
$5.16M
$4.52M – $6.02M
NOI $361,289 @ 7.0% cap · market cap 72.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained 4-unit multifamily building includes two efficiency units and two larger units with flexible layouts.
Where is this quadplex located?
The property is located at 20 Temple Street Auburn, ME.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 4‑unit property with 100% occupancy; Two efficiency units plus two additional units that could be used as 3BR or 2BR with office; Two units are fully furnished
