Side-by-Side Duplex with Updated
For Sale
$750,000
1327 US-1, York, ME 03902
Multi-Family, York, ME
Property Size2,427 SF
Lot Size0.95 Acres
Price / SF$309.02
Days on Market48
Property Features for 1327 US-1
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Res
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 2, Bathroom 3
Parking features
Off Street
Patio and Porch features
Deck, Porch
Interior features
1st Floor Bedroom, Shower
Basement
Crawl Space
Lot features
Near Country Club, Open, Level, Near Golf Course, Near Public Beach, Near Shopping, Near Town
Standard status
Active
Size
2,427 SF
Lot size
0.95 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5254
Utilities
Sewer type
Private Sewer, Septic Tank
Heating system
Baseboard, Hot Water(Heating), Oil
Water source
Public
Building Details
Year built
1910
Floors in Building
3
Number of units
2
Flooring type
Tile, Vinyl, Carpet
Building materials
Wood Frame, Vinyl Siding
Roof type
Shingle, Composition
Architectural style
Other
Listing Agency:
RE/MAX Realty One · RE/MAX International
(207) 363-2497
Listed By:
Robert Coles Jr. · License #BR913240
(207) 604-0577
Added: Jul 16
Changed: Aug 19
Last Checked: Sep 1 at 7:06AM
MLS# 1664999
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.
This side-by-side duplex contains 2,427 square feet across two distinct residential units. The first unit spans 2 3/4 stories and includes 3 bedrooms, 1.5 baths, a modern kitchen, flexible living areas, and a finished attic. The second unit occupies two stories with 3 bedrooms, 2 recently updated bathrooms, and new flooring. Built in 1910, the property has wood-frame construction with vinyl siding, tile, vinyl, and carpet flooring, plus baseboard hot-water heating fueled by oil.
Recent improvements include a rear deck, granite exterior stairs, updated landscaping, a new left-side heating system, and a new 6-bedroom septic system. The 0.95-acre parcel also provides off-street parking, public water, and a porch. Positioned at 1327 US-1 in York, the property is near the area's beaches, dining, and coastal attractions.
Recent improvements include a rear deck, granite exterior stairs, updated landscaping, a new left-side heating system, and a new 6-bedroom septic system. The 0.95-acre parcel also provides off-street parking, public water, and a porch. Positioned at 1327 US-1 in York, the property is near the area's beaches, dining, and coastal attractions.
Key Highlights
- Two‑unit side‑by‑side duplex with 2,427 square feet
- Unit 1: 2 3/4 stories, 3 bedrooms, 1.5 baths, modern kitchen, and finished attic
- Unit 2: two stories, 3 bedrooms, 2 recently updated bathrooms, and new flooring
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$41,085
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$821,700
$821.7K
Cap Rate 7%
$586,929
$586.9K
Cap Rate 9%
$456,500
$456.5K
Market Conditions
NOI Build-Up for 2,427 SF
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.
Gross rent
$61.7K $25.44/SF
− Vacancy
−$3.1K −$1.26/SF
EGI
$58.7K $24.18/SF
− OpEx
−$17.6K −$7.25/SF
NOI
$41.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$821,700
Cap Rate 7%
$586,929
Cap Rate 9%
$456,500
Alternative Uses
Best Use
Multifamily LT 5
$586.9K
$513.6K – $684.8K
NOI $41,085 @ 7.0% cap · market cap 5.48%
Second Best
Apartment 5plus
$535.8K
$468.9K – $625.1K
NOI $37,508 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$769.3K
$673.2K – $897.6K
NOI $53,854 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
Explore this area
Business Placement
Demographics for 03902, ME
2,362
Population
1,399
Households
1.7
Avg Household Size
53
Median Age
51%
College-Educated
98%
High-School Grad
19.1 sq mi
ZIP Area
124
Density / Sq Mi
$131,538
Median Household Income
$66,722
Median Earnings
$1,883
Median Rent
$527,400
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 separate residential units combine flexible layouts with recent improvements and off-street parking on a 0.95-acre property.
Where is this duplex located?
The property is located at 1327 US-1 York, ME.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two‑unit side‑by‑side duplex with 2,427 square feet; Unit 1: 2 3/4 stories, 3 bedrooms, 1.5 baths, modern kitchen, and finished attic; Unit 2: two stories, 3 bedrooms, 2 recently updated bathrooms, and new flooring
