Single-Family Duplex with Above-Garage
13 Brown Avenue Casco, ME 04015
For Sale
$479,000
Pending
Three-bedroom main home and a separate two-bedroom apartment above the garage, each with private driveway and utilities.
Property Size1,990 SF
Days on Market249
Property Features for 13 Brown Avenue
General Information
- Standard status
- Pending
- Size
- 1,990 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1965
Listing Agency:
Pine Tree Realty of Maine
(207) 232-5730
Listed By:
Jodi Chute · License #BR920741
(207) 232-5730
Source:
Compass
Added: Nov 17, 2025
Changed: Jul 22
Last Checked: Jul 23 at 9:33AM
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 Pine Tree Realty of Maine
Investment Insights
Based on property information with market context.
This convenient single-family duplex setup offers a three-bedroom main house with a mudroom leading into remodeled open-concept kitchen, dining, and living areas. The main level also includes a full bath and a private laundry area. Above the garage, the separate apartment features a newly renovated open-concept kitchen with living and dining areas, along with a large pantry and laundry.
The property includes a large lawn for outdoor use and provides each unit its own private driveway. Utilities are separated by unit, including furnaces, hot water heaters, electric meters, and washer/dryer units, with a shared well. A one-year home warranty is included with the sale, and the home has brand-new roof shingles and siding. The septic system is noted as a 4-bedroom system. The home is described as just minutes from downtown Windham, with access to shopping, dining, groceries, a gym, and a theater.
The property includes a large lawn for outdoor use and provides each unit its own private driveway. Utilities are separated by unit, including furnaces, hot water heaters, electric meters, and washer/dryer units, with a shared well. A one-year home warranty is included with the sale, and the home has brand-new roof shingles and siding. The septic system is noted as a 4-bedroom system. The home is described as just minutes from downtown Windham, with access to shopping, dining, groceries, a gym, and a theater.
Key Highlights
- 1965‑built home with 3‑bedroom main house plus a separate 2‑bedroom apartment above the garage
- Each unit has its own private driveway and separate utilities, including furnaces, hot water heaters, electric meters, and washer/dryer units (shared well)
- Main level features remodeled open‑concept kitchen, dining, and living areas, plus a private laundry area and full bath
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 | $53.7k | $27.00 |
| − Vacancy | −$3.5k | −$1.76 |
| EGI | $50.2k | $25.25 |
| − OpEx | −$15.1k | −$7.57 |
| NOI | $35.2k | $17.67 |
1,990 SF · lease $27.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$502.4K
$439.6K – $586.1K
NOI $35,166 @ 7.0% cap · market cap 7.34%
Second Best
Apartment 5plus
$467.4K
$409.0K – $545.3K
NOI $32,717 @ 7.0% cap · market cap 6.83%
Theoretical Best
Office A
$547.0K
$478.6K – $638.1K
NOI $38,287 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Three-bedroom main home and a separate two-bedroom apartment above the garage, each with private driveway and utilities.
Where is this duplex located?
The property is located at 13 Brown Avenue Casco, ME.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: 1965‑built home with 3‑bedroom main house plus a separate 2‑bedroom apartment above the garage; Each unit has its own private driveway and separate utilities, including furnaces, hot water heaters, electric meters, and washer/dryer units (shared well); Main level features remodeled open‑concept kitchen, dining, and living areas, plus a private laundry area and full bath
