Updated
New
For Sale
$399,900
1335 Turner Street, Auburn, ME 04210
Auburn, ME
Property Size1,285 SF
Price / SF$311.21
Days on Market5
Property Features for 1335 Turner Street
General Information
Property type
Residential Multi Family
Property subtype
Single Family Attached
Bathrooms
2
Full bathrooms
2
Standard status
Active
Size
1,285 SF
Building Details
Year built
1933
Listing Agency:
Auburn, Maine · Better Homes and Gardens Real Estate
(207) 782-8311
Listed By:
Evan Dube
(207) 754-3017
Added: Oct 6
Changed: Oct 7
Last Checked: Oct 10 at 7:06AM
MLS# 1683377
Copyright © 2026 Better Homes and Gardens-The Masiello Group. 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 duplex at 1335 Turner Street in Auburn contains two residences, each with two bedrooms and two full bathrooms. The property measures 1,285 square feet and was built in 1933. Updates have been made to the building, and it has a history of rental activity.
The property is on the outskirts of town, with local amenities nearby.
The property is on the outskirts of town, with local amenities nearby.
Key Highlights
- Two residences, each with 2 bedrooms and 2 full bathrooms
- 1,285 square feet
- Built in 1933
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,674
Cap Rate
3.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,480
$253.5K
Cap Rate 7%
$181,057
$181.1K
Cap Rate 9%
$140,822
$140.8K
Market Conditions
NOI Build-Up for 1,285 SF
Gross rent
$18.3K $14.28/SF
− Vacancy
−$244 −$0.19/SF
EGI
$18.1K $14.09/SF
− OpEx
−$5.4K −$4.23/SF
NOI
$12.7K $9.86/SF
Area
Androscoggin County, ME
Vacancy
1.33%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,480
Cap Rate 7%
$181,057
Cap Rate 9%
$140,822
Alternative Uses
Best Use
Multifamily LT 5
$181.1K
$158.4K – $211.2K
NOI $12,674 @ 7.0% cap · market cap 3.17%
Second Best
Apartment 5plus
$172.0K
$150.5K – $200.7K
NOI $12,042 @ 7.0% cap · market cap 3.01%
Theoretical Best
Warehouse
$2.28M
$2.00M – $2.66M
NOI $159,758 @ 7.0% cap · market cap 39.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
128
Businesses Nearby
Explore this area
Business Placement
Demographics for 04210, ME
24,061
Population
11,113
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
92%
High-School Grad
59.3 sq mi
ZIP Area
406
Density / Sq Mi
$66,552
Median Household Income
$42,624
Median Earnings
$983
Median Rent
$254,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer two bedrooms and two full bathrooms.
Where is this duplex located?
The property is located at 1335 Turner Street Auburn, ME.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 2 full bathrooms; 1,285 square feet; Built in 1933
