Duplex with In-Law
New
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
(207) 773-1990
Listed By:
Lisa Napolitano
(207) 415-2137
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.
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
NOI $37,216 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$494.6K
$432.8K – $577.1K
NOI $34,624 @ 7.0% cap · market cap 5.25%
Theoretical Best
Office A
$578.8K
$506.5K – $675.3K
NOI $40,518 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
101
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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
