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Two-Unit Duplex with Double Lot
For Sale
$434,900

104 S Main Street, Auburn, ME 04210

MULTI_FAMILY - Auburn, ME

Property Size2,552 SF
Lot Size0.34 Acres
Price / SF$170.42
Days on Market29

Property Features for 104 S Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Urban Residential
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1, Basement
Patio and Porch features Porch, Deck
Interior features Other Amenities, 1st Floor Bedroom, Bathtub
Fencing Fenced
Basement Walk-Out Access, Full, Unfinished
Lot features Well Landscaped, Open, Level, Sidewalks, Intown
Standard status Active
Size 2,552 SF
Lot size 0.34 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4754

Utilities

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

Amenities

walk-in sauna
walk-out basement

Building Details

Year built 1900
Floors in Building 2
Number of units 2
Flooring type Hardwood, Vinyl, Laminate
Building materials Wood Frame, Other Exterior
Roof type Shingle
Additional Structures Other
Listing Agency: Keller Williams Realty
Listed By: Faith Fontaine
Added: Jul 9 Changed: Aug 4 Last Checked: Aug 6 at 7:06AM
MLS# 1657524

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.

104 S Main Street in Auburn, Maine is a two-unit duplex on a 0.34-acre double lot with additional road frontage on Fulton Street. The first-floor unit is currently vacant, offering flexibility for owner-occupancy or for choosing your own tenant. It features three bedrooms and a large eat-in kitchen, plus a unique walk-in sauna located in the bathroom.

The second-floor unit has a bright, spacious layout with a double living room, two bedrooms, a large eat-in kitchen, and abundant storage. The property also includes a large walk-out basement with convenient access to the expansive backyard. Parking options include on-site and street availability.

Additional property features include a new shingle roof, public water, and public sewer. Constructed in 1900 with wood-frame construction and heated via oil hot water baseboard, the home includes a porch and deck, fenced yard, and flooring such as laminate, hardwood, and vinyl.

Key Highlights

  • 0.34‑acre duplex on a double lot with additional road frontage on Fulton Street
  • First‑floor unit currently vacant; three bedrooms and a walk‑in sauna in the bathroom
  • Second‑floor unit with double living room, two bedrooms, large eat‑in kitchen, and abundant storage

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 $36.4k $14.28
− Vacancy −$485 −$0.19
EGI $36.0k $14.09
− OpEx −$10.8k −$4.23
NOI $25.2k $9.86
2,552 SF · lease $14.28/SF/yr · vacancy 1.33% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$359.6K
$314.6K – $419.5K (±1% cap)
NOI $25,171 @ 7.0% cap · market cap 5.79%
Second Best
Apartment 5plus
$341.6K
$298.9K – $398.6K (±1% cap)
NOI $23,915 @ 7.0% cap · market cap 5.50%
Theoretical Best
Warehouse
$4.53M
$3.97M – $5.29M (±1% cap)
NOI $317,278 @ 7.0% cap · market cap 72.95%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Garden Center (Bike/Boat/Book/etc) Store Locksmith Storage Facility Butcher

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby

Demographics for 04210, ME

24,061
Population
11,113
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
92%
High-School Grad
59.3 sq mi
ZIP Area
406
Density / Sq Mi
$66,552
Median Household Income
$42,624
Median Earnings
$983
Median Rent
$254,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Two-unit duplex on a double lot with additional road frontage; the first-floor unit is currently vacant.
Where is this duplex located?
The property is located at 104 S Main Street Auburn, ME.
What is the asking price?
The asking price for this property is $434,900.
What are key features of this property?
This property features: 0.34‑acre duplex on a double lot with additional road frontage on Fulton Street; First‑floor unit currently vacant; three bedrooms and a walk‑in sauna in the bathroom; Second‑floor unit with double living room, two bedrooms, large eat‑in kitchen, and abundant storage
More about this property
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