Triplex with Detached
25 Eighth Street, Auburn, ME 04210
New
MULTI_FAMILY - Cape Cod - Auburn, ME
Property size:
2,464 SFLot size:
0.51 AcresPrice / SF:
$155/SF- Added:
- Jun 9, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 15 at 1:06 pm
Property Features for 25 Eighth Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- T-5.1
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Basement, Bathroom 3
- Patio and Porch features
- Porch
- Basement
- Finished, Full, Walk-Out Access
- Standard status
- Active
- Size
- 2,464 SF
- Lot size
- 0.51 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4887
Utilities
- Sewer type
- Public Sewer
- Heating system
- Oil, Baseboard
- Water source
- Public
Building Details
- Year built
- 1949
- Number of units
- 3
- Flooring type
- Carpet, Linoleum, Hardwood
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Cape Cod
Listing agent Elizabeth Marks (207) 332-6210
Listing office The Real Estate Store 252 Route One, Scarborough, ME (207) 883-4327
Listing date Jun 9, 2026
MLS# 1660024
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.
HighLights
- Cape Cod‑style 3‑unit property (built 1949) on a 0.5‑acre lot at the end of a quiet dead‑end street
- Unit mix: two 2‑bedroom, 1‑bath units plus a lower‑level 1‑bedroom, 1‑bath unit
- Shared laundry area for all tenants
- Detached 1,200 SF workshop/barn plus an additional 1,200 SF walk‑out garage level below
- Architectural plans drafted to convert the detached workshop into a 2,400 SF two‑unit building
- Outside features include a large yard and an in‑ground pool with a pool house (in need of renovation)
Overview
This 1949 Cape-style triplex offers three rental units under one roof, each with its own 1-bath layout: a first-floor 2-bedroom unit, a second-floor 2-bedroom unit, and a lower-level 1-bedroom unit. A shared laundry area serves all tenants. The property sits on a spacious 0.51-acre lot and includes a large yard plus an in-ground pool and pool house, with the pool area identified as needing renovation. Completing the site is a detached 1,200 square foot workshop/barn with an additional 1,200 square foot walk-out garage level below. Architectural plans have been drafted to convert that structure into a 2,400 square foot two-unit building.
Located at the end of a quiet dead-end street in Auburn, Maine, the setting provides a more private residential feel while still supporting an owner-occupant scenario or an investor seeking multiple rental incomes from one property. Zoning is listed as T-5.1.
For tenants or buyers looking for a three-unit configuration with flexible on-site space, the existing unit mix provides straightforward rental options, and the separate workshop/barn supports continued use or planned conversion per the drafted architectural plans. The in-ground pool and pool house offer additional outdoor features, though they are noted as needing renovation.
Located at the end of a quiet dead-end street in Auburn, Maine, the setting provides a more private residential feel while still supporting an owner-occupant scenario or an investor seeking multiple rental incomes from one property. Zoning is listed as T-5.1.
For tenants or buyers looking for a three-unit configuration with flexible on-site space, the existing unit mix provides straightforward rental options, and the separate workshop/barn supports continued use or planned conversion per the drafted architectural plans. The in-ground pool and pool house offer additional outdoor features, though they are noted as needing renovation.
Local 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 | $35.2k | $14.28 |
| − Vacancy | −$468 | −$0.19 |
| EGI | $34.7k | $14.09 |
| − OpEx | −$10.4k | −$4.23 |
| NOI | $24.3k | $9.86 |
2,464 SF · lease $14.28/SF/yr · vacancy 1.33% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$347.2K
$303.8K – $405.1K
NOI $24,303 @ 7.0% cap · market cap 6.36%
Second Best
Apartment 5plus
$329.9K
$288.6K – $384.8K
NOI $23,090 @ 7.0% cap · market cap 6.04%
Theoretical Best
Warehouse
$4.38M
$3.83M – $5.11M
NOI $306,337 @ 7.0% cap · market cap 80.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Auburn
- County
- Androscoggin
- State
- Maine
- Longitude
- -70.227799
- Latitude
- 44.084805
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Cape-style triplex on a quiet dead-end street with shared laundry, a large yard, and a detached workshop structure.
Where is this triplex located?
The property is located at 25 Eighth Street Auburn, ME.
What is the asking price?
The asking price for this property is $382,000.
What are key features of this property?
This property features: Cape Cod‑style 3‑unit property (built 1949) on a 0.5‑acre lot at the end of a quiet dead‑end street; Unit mix: two 2‑bedroom, 1‑bath units plus a lower‑level 1‑bedroom, 1‑bath unit; Shared laundry area for all tenants
