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Duplex with In-Law Apartment
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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 Market2

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 2, Bathroom 1
Parking features Open
Patio and Porch features Patio, Deck
Pets allowed No
Interior features In-Law Apartment, 1st Floor Bedroom
Fencing Fenced
Basement Walk-Out Access, Sump Pump, Full
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 Baseboard, Natural Gas, Hot Water(Heating), Oil
Cooling system Central Air
Water source Public

Building Details

Year built 1964
Number of units 2
Flooring type Linoleum, Laminate, Wood, Plank, Carpet
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: Oct 27 Changed: Oct 28 Last Checked: Oct 28 at 1:06PM
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.

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Investment Insights

Based on property information with market context.

A 2,106-square-foot ranch built in 1964 contains a main residence and an in-law apartment. The house and apartment have separate septic tanks and separate heat. Interior features include a first-floor bedroom, and the property also has a patio, deck, central air, and open parking.

The property covers 6 acres and is zoned SCD within the Standish Corner District. A large outbuilding and a shed are also on site. Water is supplied by the public system, while wastewater is handled by a private septic system.

Key Highlights

  • Duplex with an in‑law apartment
  • 2,106 square feet; ranch‑style construction built in 1964
  • House and apartment have separate septic tanks and separate heat

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. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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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

Frequently Asked Questions

What type of property is this?
Duplex - The residence includes a separate apartment, with distinct septic tanks and heating for the house 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; 2,106 square feet; ranch‑style construction built in 1964; House and apartment have separate septic tanks and separate heat
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