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

    29 Whitney St Auburn, ME 04210

    Sponsored
    For Sale
    $440,000

    MULTI_FAMILY - Other - Auburn, ME

    Property size:
    2,586 SF
    Lot size:
    0.11 Acres
    Days on Market:
    11
    Last Refresh:
    Feb 21 at 7:06 am

    Property Features for 29 Whitney St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    T-4-2
    Rooms
    Bathroom 2, Bathroom 4, Bathroom 3, Basement, Bathroom 1
    Basement
    Full, Unfinished
    Size
    2,586 SF
    Lot size
    0.11 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1870
    Floors in Building
    3
    Number of units
    2
    Flooring type
    Wood, Laminate
    Building materials
    Wood Siding, Clapboard, Wood Frame
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Daniel Kimball

    Landing Real Estate (207) 775-7653

    Listing agent Daniel Kimball (207) 775-7653

    Listing date Feb 11, 2026

    MLS# 1651246 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

    Turnkey Duplex Near Downtown Auburn

    This property features a turnkey first-floor apartment and outstanding value-add potential. The first-floor apartment has been extensively renovated and offers a spacious 2-bedroom, 2-bath layout with updated finishes, modern kitchen and baths, and move-in-ready condition. The second unit is well underway, with framing, plumbing, and electrical already completed, providing a clear path for buyers to finish the space and build immediate equity. The property is ideally located near downtown Auburn, shopping, restaurants, hospitals, and major commuter routes, offering both convenience and long-term upside. The property is located on a 0.11-acre lot. The property has 2586 square feet of living space. The zoning is T-4-2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.226744
    Latitude
    44.103955

    Nearby Similar for Sale

    • $700,000
      3,906 SF

      Auburn Mixed-Use Opportunity

      Versatile Auburn property with residential and commercial potential.
      823 Washington St N, Auburn, ME 04210
      View Details
    • $335,000
      2,428 SF

      Multi-Unit Property in Central Auburn

      Multi-unit property with conversion potential in a prime Auburn location.
      35 Academy St, Auburn, ME 04210
      View Details
    • $385,000
      1,286 SF

      Updated Duplex with Waterfront Access

      Renovated duplex with strong rental potential and waterfront access.
      38 Newbury St, Auburn, ME 04210
      View Details
    • $995,000
      10,480 SF

      Versatile Commercial Property on Minot Avenue

      10,480 SF commercial property suitable for restaurant, retail, brewery, events.
      1110 Minot Ave, Auburn, ME 04210
      View Details
    • $475,000
      8,887 SF

      Auburn Warehouse with Development Potential

      Versatile Auburn warehouse with easy access and development potential.
      358 Washington St N, Auburn, ME 04210
      View Details
    • $465,000
      3,004 SF

      Victorian Duplex in Auburn, Maine

      Charming Victorian duplex with two units in Auburn.
      137 S Main St, Auburn, ME 04210
      View Details
    • $499,000
      1,440 SF

      Cape Cod Multifamily Home, Auburn

      Multifamily Cape Cod in Auburn with potential finished basement.
      25 Eighth St, Auburn, ME 04210
      View Details
    • $525,000
      8,000 SF

      Auburn Warehouse/Distribution Building For Sale

      8,000 SF warehouse/distribution building with ample parking and outdoor storage.
      213 Washington St S, Auburn, ME 04210
      View Details
    • Contact for pricing
      344,369 SF

      Enclosed Mall with Redevelopment Potential

      Enclosed mall in central Maine with redevelopment and outparcel opportunity.
      550 Center St, Auburn, ME 04210
      View Details
    • $18,000,000
      344,369 SF

      Maine Shopping Center Investment

      344,369 SF Mall, 95% Occupancy, Redevelopment Potential
      550 Center St, Auburn, ME 04210
      View Details
    • $595,000
      8,000 SF

      Auburn Warehouse - Prime Location

      8,000 SF Warehouse, 0.83 Acres
      213 Washington St, Auburn, ME 04210
      View Details
    • $430,000
      5,570 SF

      Auburn Retail Building - High Visibility

      Prime Auburn location, high traffic, income potential.
      63 Broad St, Auburn, ME 04210
      View Details

    FAQs

    What type of property is this?
    Duplex - Renovated duplex with value-add potential near downtown Auburn, Maine.
    Where is this duplex located?
    The property is located at 29 Whitney St Auburn, ME.
    What is the asking price?
    The asking price for this property is $440,000.
    What are key features of this property?
    This property features: - Turnkey, renovated 2-bedroom, 2-bath first-floor apartment in move-in ready condition.; - Significant value-add potential with a second unit already framed, plumbed, and wired.; - Excellent location near downtown Auburn, shopping, restaurants, hospitals, and commuter routes.
    (207) 522-2544
    Request Owner's contact information
    29 Whitney St Auburn, ME 04210
    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.
    29 Whitney St
    Auburn, ME 04210
    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
    29 Whitney St Auburn, ME 04210
    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
    Daniel Kimball
    (207) 522-2544 (207) 775-7653
    Learn more
    Google sign-in failed. Please try again or use another login method.