Victorian Duplex with Two
New
For Sale
$450,000
137 S Main Street, Auburn, ME 04210
MULTI_FAMILY - Victorian - Auburn, ME
Property Size3,004 SF
Lot Size0.53 Acres
Price / SF$149.80
Days on Market4
Property Features for 137 S Main Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Trad Downtown
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bathroom 2, Bathroom 1
Parking features
On Street, Open
Patio and Porch features
Porch, Deck
Basement
Full, Walk-Out Access, Unfinished
Lot features
Well Landscaped, Rolling/ Sloping, Sidewalks, Wooded, Near Turnpike/ Interstate, Near Town, Neighborhood
Standard status
Active
Size
3,004 SF
Lot size
0.53 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
4795
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas, Baseboard, Other (Heating)
Water source
Public
Building Details
Year built
1890
Number of units
2
Flooring type
Vinyl, Tile, Wood, Laminate, Carpet
Building materials
Wood Frame, Vinyl Siding
Roof type
Shingle
Architectural style
Victorian
Listing Agency:
EXP Realty
(888) 439-8743
Listed By:
Garret Getch
(207) 841-9433
Added: Aug 3
Last Checked: Aug 6 at 7:06AM
MLS# 1651341
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.
Built in 1890, this 3,004-square-foot duplex presents two separate residential units: one with two bedrooms and another with four bedrooms. The Victorian design includes wood-frame construction with vinyl siding, wood, tile, vinyl, laminate, and carpet flooring, plus porches and a deck. Public water and sewer serve the property, with hot-water and natural-gas heating systems.
The 0.53-acre parcel includes a spacious backyard, open parking, and on-street parking. Located at 137 S Main Street in Auburn, the property is zoned Trad Downtown and offers access to local amenities, services, and transportation routes. Its two-unit layout supports either owner occupancy or income-producing use, as described in the property information.
The 0.53-acre parcel includes a spacious backyard, open parking, and on-street parking. Located at 137 S Main Street in Auburn, the property is zoned Trad Downtown and offers access to local amenities, services, and transportation routes. Its two-unit layout supports either owner occupancy or income-producing use, as described in the property information.
Key Highlights
- Two‑unit duplex with one 2‑bedroom unit and one 4‑bedroom unit
- 3,004 square feet of building area on a 0.53‑acre lot
- Victorian architectural style with 1890 construction date
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 | $42.9k | $14.28 |
| − Vacancy | −$571 | −$0.19 |
| EGI | $42.3k | $14.09 |
| − OpEx | −$12.7k | −$4.23 |
| NOI | $29.6k | $9.86 |
3,004 SF · lease $14.28/SF/yr · vacancy 1.33% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$423.3K
$370.4K – $493.8K
NOI $29,629 @ 7.0% cap · market cap 6.58%
Second Best
Apartment 5plus
$402.1K
$351.9K – $469.2K
NOI $28,150 @ 7.0% cap · market cap 6.26%
Theoretical Best
Warehouse
$5.34M
$4.67M – $6.22M
NOI $373,473 @ 7.0% cap · market cap 82.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
221
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
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 residential units offer a two-bedroom and four-bedroom configuration in a maintained historic-style property.
Where is this duplex located?
The property is located at 137 S Main Street Auburn, ME.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two‑unit duplex with one 2‑bedroom unit and one 4‑bedroom unit; 3,004 square feet of building area on a 0.53‑acre lot; Victorian architectural style with 1890 construction date
