Duplex with Two-Car
132 Clinton Avenue, Winslow, ME 04901
For Sale
$225,000
The vacant first-floor apartment can accommodate an owner or a new tenant, while the second unit adds rental capacity.
Property Size1,671 SF
Price / SF$134.65
Days on Market180
Property Features for 132 Clinton Avenue
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
porches
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
EXP Realty
(888) 439-8743
Listed By:
Jeffrey Jolicoeur
(207) 649-6893
Source:
Integrityhomesrealestategroup
Added: May 11
Changed: Nov 6
Last Checked: Nov 6 at 3:16PM
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 EXP Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 132 Clinton Avenue in Winslow, this 1,671-square-foot duplex was built in 1925 and contains two units. The first-floor apartment is vacant; the property also includes a two-car garage with storage. Interior features include refinished hardwood flooring, updated bathrooms, and windows that were mostly replaced in 2016.
Porches include a front porch serving the first-floor unit and side porches for both apartments. The property is zoned MR.
Porches include a front porch serving the first-floor unit and side porches for both apartments. The property is zoned MR.
Key Highlights
- Two‑unit residential property with a vacant first‑floor apartment
- 1,671 square feet; built in 1925
- Two‑car garage with storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,661
Cap Rate
8.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,220
$373.2K
Cap Rate 7%
$266,586
$266.6K
Cap Rate 9%
$207,344
$207.3K
Market Conditions
NOI Build-Up for 1,671 SF
Gross rent
$27.1K $16.20/SF
− Vacancy
−$411 −$0.25/SF
EGI
$26.7K $15.95/SF
− OpEx
−$8.0K −$4.79/SF
NOI
$18.7K $11.17/SF
Area
Kennebec County, ME
Vacancy
1.52%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,220
Cap Rate 7%
$266,586
Cap Rate 9%
$207,344
Alternative Uses
Best Use
Multifamily LT 5
$266.6K
$233.3K – $311.0K
NOI $18,661 @ 7.0% cap · market cap 8.29%
Second Best
Apartment 5plus
$232.5K
$203.5K – $271.3K
NOI $16,278 @ 7.0% cap · market cap 7.23%
Theoretical Best
Warehouse
$2.49M
$2.18M – $2.91M
NOI $174,508 @ 7.0% cap · market cap 77.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 04901, ME
26,491
Population
12,084
Households
2.2
Avg Household Size
41
Median Age
30%
College-Educated
93%
High-School Grad
78.8 sq mi
ZIP Area
336
Density / Sq Mi
$54,122
Median Household Income
$33,623
Median Earnings
$957
Median Rent
$188,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Kennebec County, ME
Properties on Market for Duplexes in Kennebec County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The vacant first-floor apartment can accommodate an owner or a new tenant, while the second unit adds rental capacity.
Where is this duplex located?
The property is located at 132 Clinton Avenue Winslow, ME.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two‑unit residential property with a vacant first‑floor apartment; 1,671 square feet; built in 1925; Two‑car garage with storage
