Modern Two-Unit
For Sale
$395,000
11 Moline Lane, Levant, ME 04456
Two residential units feature open living areas, modern finishes, and heat-pump systems in a rural setting near Bangor.
Property Size2,048 SF
Lot Size3.10 Acres
Price / SF$192.87
Days on Market45
Property Features for 11 Moline Lane
General Information
Standard status
Active
Size
2,048 SF
Lot size
3.10 Acres
Property subtype
Multi-family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
2018
Listing Agency:
NextHome Experience
Listed By:
Karen Day
(603) 866-2942
Source:
Profoundrealestate
Added: Jun 23
Changed: Aug 4
Last Checked: Aug 5 at 5:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NextHome Experience
Investment Insights
Based on property information with market context.
Built in 2018, this duplex contains 2,048 square feet across two residential units on 3.1 private acres. Each unit provides an open-plan arrangement connecting the kitchen, dining area, and living room, along with two bedrooms and one full bathroom. Heat pumps supply heating and cooling, with electric baseboard systems available for supplemental warmth.
The property is located at 11 Moline Lane in Levant, approximately 20 minutes from Bangor. Its rural setting offers private acreage while retaining access to the Bangor area. The two-unit configuration supports either continued rental use or an owner-occupied arrangement with a separate residential unit.
The property is located at 11 Moline Lane in Levant, approximately 20 minutes from Bangor. Its rural setting offers private acreage while retaining access to the Bangor area. The two-unit configuration supports either continued rental use or an owner-occupied arrangement with a separate residential unit.
Key Highlights
- Two‑unit duplex with 2,048 square feet of total property size
- Built in 2018
- Situated on 3.1 private acres in Levant, ME
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 | $28.3k | $13.80 |
| − Vacancy | −$1.4k | −$0.71 |
| EGI | $26.8k | $13.09 |
| − OpEx | −$8.0k | −$3.93 |
| NOI | $18.8k | $9.16 |
2,048 SF · lease $13.80/SF/yr · vacancy 5.13% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$268.1K
$234.6K – $312.8K
NOI $18,769 @ 7.0% cap · market cap 4.75%
Second Best
Apartment 5plus
$246.6K
$215.8K – $287.7K
NOI $17,262 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$661.4K
$578.8K – $771.7K
NOI $46,301 @ 7.0% cap · market cap 11.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 04456, ME
2,940
Population
1,299
Households
2.3
Avg Household Size
39
Median Age
19%
College-Educated
95%
High-School Grad
30.1 sq mi
ZIP Area
98
Density / Sq Mi
$75,917
Median Household Income
$41,689
Median Earnings
$1,240
Median Rent
$244,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units feature open living areas, modern finishes, and heat-pump systems in a rural setting near Bangor.
Where is this duplex located?
The property is located at 11 Moline Lane Levant, ME.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,048 square feet of total property size; Built in 2018; Situated on 3.1 private acres in Levant, ME
