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Two-Unit Duplex with Private Decks
New
For Sale
$689,900

49 Dana Court, Westbrook, ME 04092

Multi-Family, Westbrook, ME

Property Size3,312 SF
Lot Size0.26 Acres
Price / SF$208.30
Days on Market1

Property Features for 49 Dana Court

General Information

Property type Residential Multi Family
Property subtype Other
Zoning CZ2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1, Basement
Patio and Porch features Patio, Porch, Deck
Interior features In-Law Apartment, 1st Floor Bedroom, Attic, Bathtub, Shower
Fencing Fenced
Basement Finished, Walk-Out Access, Full, Sump Pump
Lot features Level, Intown, Near Golf Course, Near Shopping, Near Turnpike/ Interstate, Near Town, Neighborhood
Standard status Active
Size 3,312 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 5274

Utilities

Sewer type Public Sewer
Heating system Oil, Hot Water(Heating), Zoned, Baseboard, Natural Gas
Water source Public

Amenities

private decks
ground-level patio
walk-up attic
in-unit washer/dryer

Building Details

Year built 1900
Number of units 2
Flooring type Wood, Tile, Vinyl
Building materials Wood Frame, Vinyl Siding
Roof type Shingle
Architectural style Colonial
Listing Agency: Keller Williams Realty
Listed By: Martin Norton
Added: Oct 6 Last Checked: Oct 6 at 7:06PM
MLS# 1683344

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.

Built in 1900, this 3,312-square-foot duplex contains 11 rooms, four bedrooms, and two full bathrooms. Each unit has an equipped kitchen, its own washer and dryer, and a dedicated electrical panel. Private decks serve the upper floors, and a ground-level patio leads to a basement-level living area that is not a legal apartment. A third-floor walk-up attic provides storage space or room for possible expansion. The property sits on 0.26 acres and has public water and sewer.

Set on a dead-end street, the home offers views of the Presumpscot River and is a three-minute walk from downtown. Restaurants, schools, shopping, and other services are nearby. The second-floor tenant is on a month-to-month lease; the basement occupant, who has served as caretaker, wishes to stay for at least six months. Both tenants are related to the seller.

Key Highlights

  • 3,312 square feet with 11 rooms, four bedrooms, and two full bathrooms
  • Each unit has an equipped kitchen, washer and dryer, and dedicated electrical panel
  • Private decks on upper floors; patio access to basement‑level area, not a legal apartment

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$58,528
Cap Rate
8.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,170,560 $1.2M
Cap Rate 7%
$836,114 $836.1K
Cap Rate 9%
$650,311 $650.3K
Market Conditions
NOI Build-Up for 3,312 SF
Gross rent
$89.4K $27.00/SF
− Vacancy
−$5.8K −$1.76/SF
EGI
$83.6K $25.25/SF
− OpEx
−$25.1K −$7.57/SF
NOI
$58.5K $17.67/SF
Area
Cumberland County, ME
Vacancy
6.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,170,560
Cap Rate 7%
$836,114
Cap Rate 9%
$650,311

Alternative Uses

Best Use
Multifamily LT 5
$836.1K
$731.6K – $975.5K (±1% cap)
NOI $58,528 @ 7.0% cap · market cap 8.48%
Second Best
Apartment 5plus
$777.9K
$680.6K – $907.5K (±1% cap)
NOI $54,451 @ 7.0% cap · market cap 7.89%
Theoretical Best
Office A
$910.3K
$796.5K – $1.06M (±1% cap)
NOI $63,721 @ 7.0% cap · market cap 9.24%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Auto Parts Store Law Firm (Bike/Boat/Book/etc) Store HVAC Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

643
Businesses Nearby

Demographics for 04092, ME

20,400
Population
9,404
Households
2.2
Avg Household Size
40
Median Age
40%
College-Educated
96%
High-School Grad
17.2 sq mi
ZIP Area
1,186
Density / Sq Mi
$85,868
Median Household Income
$49,922
Median Earnings
$1,373
Median Rent
$341,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Separate kitchens, laundry, and electrical panels serve each unit, with an additional basement-level living area that is not a legal apartment.
Where is this duplex located?
The property is located at 49 Dana Court Westbrook, ME.
What is the asking price?
The asking price for this property is $689,900.
What are key features of this property?
This property features: 3,312 square feet with 11 rooms, four bedrooms, and two full bathrooms; Each unit has an equipped kitchen, washer and dryer, and dedicated electrical panel; Private decks on upper floors; patio access to basement‑level area, not a legal apartment
More about this property
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