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Duplex with In-Law Apartment
For Sale
$659,000

150 Ossipee Trail E, Standish, ME 04084

Multi-Family, Standish, ME

Property Size2,106 SF
Lot Size6.00 Acres
Price / SF$312.92
Days on Market50

Property Features for 150 Ossipee Trail E

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Zoning SCD
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 1, Bathroom 2
Parking features Open
Patio and Porch features Patio, Deck
Pets allowed No
Interior features In-Law Apartment, 1st Floor Bedroom
Fencing Fenced
Basement Full, Sump Pump, Walk-Out Access
Lot features Open, Level, Wooded, Near Shopping
Standard status Active
Size 2,106 SF
Lot size 6.00 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5017

Utilities

Sewer type Private Sewer, Septic Tank
Heating system Hot Water(Heating), Baseboard, Oil, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1964
Number of units 2
Flooring type Laminate, Carpet, Plank, Linoleum, Wood
Building materials Wood Frame, Vinyl Siding
Roof type Shingle
Architectural style Ranch
Additional Structures Outbuilding
Listing Agency: Coldwell Banker Realty · Coldwell Banker Real Estate
Listed By: Lisa Napolitano
Added: Aug 19 Changed: Sep 15 Last Checked: Oct 7 at 5:06AM
MLS# 1676804

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 1964 ranch-style duplex offers 2106 square feet with an in-law apartment and a first-floor bedroom. The property includes two bathrooms, a basement, central air, oil and natural gas heating, and a mix of wood, laminate, linoleum, carpet, and plank flooring. A deck, patio, fenced areas, open parking, shingle roofing, vinyl siding, and wood-frame construction complete the improvements.

The property encompasses 6 acres in the Standish Corner District and is located at 150 Ossipee Trail E in Standish, Maine. The main house and apartment have separate septic tanks and separated heating systems. A large outbuilding and shed are also included, along with public water service and private sewer infrastructure.

Key Highlights

  • Duplex with an in‑law apartment and first‑floor bedroom
  • 6 acres in the Standish Corner District
  • 2106 square feet with 2 bathrooms and a basement

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,216
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$744,320 $744.3K
Cap Rate 7%
$531,657 $531.7K
Cap Rate 9%
$413,511 $413.5K
Market Conditions
NOI Build-Up for 2,106 SF
Gross rent
$56.9K $27.00/SF
− Vacancy
−$3.7K −$1.76/SF
EGI
$53.2K $25.25/SF
− OpEx
−$15.9K −$7.57/SF
NOI
$37.2K $17.67/SF
Area
Cumberland County, ME
Vacancy
6.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$744,320
Cap Rate 7%
$531,657
Cap Rate 9%
$413,511

Alternative Uses

Best Use
Multifamily LT 5
$531.7K
$465.2K – $620.3K (±1% cap)
NOI $37,216 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$494.6K
$432.8K – $577.1K (±1% cap)
NOI $34,624 @ 7.0% cap · market cap 5.25%
Theoretical Best
Office A
$578.8K
$506.5K – $675.3K (±1% cap)
NOI $40,518 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply HVAC Service (Bike/Boat/Book/etc) Store Barber Shop Computer & Electronic Repair Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

101
Businesses Nearby

Demographics for 04084, ME

8,253
Population
3,710
Households
2.2
Avg Household Size
43
Median Age
38%
College-Educated
96%
High-School Grad
43.8 sq mi
ZIP Area
188
Density / Sq Mi
$103,086
Median Household Income
$38,839
Median Earnings
$972
Median Rent
$334,800
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Ranch-style duplex with independent heating and septic systems serving the residence and apartment.
Where is this duplex located?
The property is located at 150 Ossipee Trail E Standish, ME.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: Duplex with an in‑law apartment and first‑floor bedroom; 6 acres in the Standish Corner District; 2106 square feet with 2 bathrooms and a basement
More about this property
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