Two-Unit Residential Income
Yarmouth, ME 04096 Yarmouth, ME 04096
Yarmouth, ME, 04096
$895,000
For Sale
$895,000
MULTI_FAMILY - Yarmouth, ME
Property Size1,749 SF
Price / SF$511.72
Days on Market280
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Attached
- Bathrooms
- 3
- Standard status
- Active
- Size
- 1,749 SF
Building Details
- Year built
- 1800
Listing Agency
South Portland, Maine
(207) 560-4683
75 John Roberts Road Suite 102A, Keene, ME
Listed by
David Kitchen
(207) 406-5560
Added: Oct 15, 2025 Updated: Jul 20 at 4:08 pm Checked: Jul 21 at 3:06 am
MLS# 1640867
Copyright © 2026 Better Homes and Gardens-The Masiello Group. 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 two-unit property is being offered in move-in condition and includes recent improvements. It presents options for an owner-occupant who can earn income while living on site, and it also offers the flexibility described as potential office or professional space.
The property is located within Yarmouth village, with a short walk to Royal River Park and the area’s village amenities. It is also positioned across from the 317 Main Music Center.
With two separate units, the layout can support a live-in-and-lease arrangement or an alternate configuration for professional use, subject to the requirements of the intended occupancy.
The property is located within Yarmouth village, with a short walk to Royal River Park and the area’s village amenities. It is also positioned across from the 317 Main Music Center.
With two separate units, the layout can support a live-in-and-lease arrangement or an alternate configuration for professional use, subject to the requirements of the intended occupancy.
Key Highlights
- Two‑unit property built in 1800
- Move‑in condition with recent improvements
- Use as an owner‑occupied property with income potential
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 | $47.2k | $27.00 |
| − Vacancy | −$3.1k | −$1.76 |
| EGI | $44.2k | $25.25 |
| − OpEx | −$13.2k | −$7.57 |
| NOI | $30.9k | $17.67 |
1,749 SF · lease $27.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$441.5K
$386.3K – $515.1K
NOI $30,907 @ 7.0% cap · market cap 3.45%
Second Best
Apartment 5plus
$410.8K
$359.4K – $479.3K
NOI $28,755 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$480.7K
$420.6K – $560.8K
NOI $33,650 @ 7.0% cap · market cap 3.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit property offered in move-in condition with recent improvements, with flexibility for office or professional use.
Where is this duplex located?
The property is located at Yarmouth, ME.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Two‑unit property built in 1800; Move‑in condition with recent improvements; Use as an owner‑occupied property with income potential
