Duplex with One-Car
New
For Sale
$315,000
11 North Avenue, Sanford, ME 04073
Multi-Family, Sanford, ME
Property Size1,446 SF
Lot Size0.07 Acres
Price / SF$217.84
Days on Market4
Property Features for 11 North Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
U
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking features
On Street
Patio and Porch features
Porch
Interior features
1st Floor Bedroom
Basement
Crawl Space, Dirt Floor, Full, Unfinished, Sump Pump
Lot features
Sidewalks, Intown, Near Shopping, Near Town, Neighborhood
Standard status
Active
Size
1,446 SF
Lot size
0.07 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3771
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Oil
Water source
Public
Building Details
Year built
1920
Number of units
2
Flooring type
Laminate, Wood
Building materials
Wood Frame, Aluminum Siding
Roof type
Shingle
Architectural style
Bungalow, Cottage, Contemporary
Listing Agency:
Portside Real Estate Group
(207) 204-0465
Listed By:
Erin Lamarche
(207) 337-3270
Added: Nov 3
Last Checked: Nov 6 at 1:06PM
MLS# 1686748
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.
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Investment Insights
Based on property information with market context.
Built in 1920, this Sanford duplex contains 1,446 square feet of living space on a 0.07-acre lot. The lower residence has two bedrooms and one bathroom, while the upper residence includes one bedroom and one bathroom and is currently rented. A one-car garage is also part of the property. The home has wood-frame construction with aluminum siding, a porch, and public water and sewer.
Portsmouth, New Hampshire, and Portland, Maine, are each less than an hour away. Portsmouth Naval Shipyard is under 45 minutes from the property.
Portsmouth, New Hampshire, and Portland, Maine, are each less than an hour away. Portsmouth Naval Shipyard is under 45 minutes from the property.
Key Highlights
- Two units: one with 2 bedrooms and 1 bath; the other with 1 bedroom and 1 bath
- Upper unit is currently rented
- 1,446 square feet of living space on a 0.07‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,478
Cap Rate
7.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$489,560
$489.6K
Cap Rate 7%
$349,686
$349.7K
Cap Rate 9%
$271,978
$272.0K
Market Conditions
NOI Build-Up for 1,446 SF
Gross rent
$36.8K $25.44/SF
− Vacancy
−$1.8K −$1.26/SF
EGI
$35.0K $24.18/SF
− OpEx
−$10.5K −$7.25/SF
NOI
$24.5K $16.93/SF
Area
York County, ME
Vacancy
4.94%
Lease Rate
$25.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$489,560
Cap Rate 7%
$349,686
Cap Rate 9%
$271,978
Alternative Uses
Best Use
Multifamily LT 5
$349.7K
$306.0K – $408.0K
NOI $24,478 @ 7.0% cap · market cap 7.77%
Second Best
Apartment 5plus
$319.2K
$279.3K – $372.5K
NOI $22,347 @ 7.0% cap · market cap 7.09%
Theoretical Best
Office A
$458.4K
$401.1K – $534.8K
NOI $32,086 @ 7.0% cap · market cap 10.19%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
558
Businesses Nearby
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Business Placement
Demographics for 04073, ME
17,283
Population
7,772
Households
2.2
Avg Household Size
41
Median Age
21%
College-Educated
90%
High-School Grad
37.7 sq mi
ZIP Area
458
Density / Sq Mi
$69,135
Median Household Income
$42,758
Median Earnings
$1,145
Median Rent
$259,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in York County, ME
Properties on Market for Duplexes in York County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer a two-bedroom, one-bath lower unit and a one-bedroom, one-bath upper unit, which is currently rented.
Where is this duplex located?
The property is located at 11 North Avenue Sanford, ME.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Two units: one with 2 bedrooms and 1 bath; the other with 1 bedroom and 1 bath; Upper unit is currently rented; 1,446 square feet of living space on a 0.07‑acre lot
