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Updated Two-Unit Duplex with Separate Entrances
For Sale
$299,000

192 Wilson Street, Brewer, ME 04412

Updated two-unit duplex featuring separate entrances and dedicated parking for each unit.

Property Size1,352 SF
Price / SF$221.15
Days on Market231

Property Features for 192 Wilson Street

General Information

Standard status Active
Size 1,352 SF
Property subtype Multi-family

Units

Unit Mix 1 x 1BR/1BA, 1 x 2BR
Multifamily Units 2

Building Details

Year Built 1910
Buildings 1
Listing Agency: NextHome Experience
Listed By: Timothy Bush
Source: Profoundrealestate
Added: Dec 18, 2025 Changed: Jul 31 Last Checked: Aug 6 at 3:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NextHome Experience

Investment Insights

Based on property information with market context.

Updated two-unit duplex with separate entrances and dedicated parking, described as move-in or rent-ready. The first-floor unit includes one bedroom and one bath with a spacious layout and natural light. The upstairs unit is configured with two bedrooms and is presented as efficient with strong rental appeal. Both units have received thoughtful updates, supporting low-maintenance ownership from day one. A manageable yard adds outdoor space while keeping day-to-day upkeep practical.

The property is located at 192 Wilson Street in Brewer, ME 04412. The surrounding area is described as convenient to schools, shopping, downtown Brewer, and Bangor’s waterfront.

Built in 1910 and offered at 1,352 SF, this duplex is designed to support flexible living or leasing, depending on how you want to use the two units.

Key Highlights

  • Two‑unit duplex with separate entrances
  • First‑floor unit: one bedroom and one bath
  • Upstairs unit: two bedrooms

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 $18.7k $13.80
− Vacancy −$957 −$0.71
EGI $17.7k $13.09
− OpEx −$5.3k −$3.93
NOI $12.4k $9.16
1,352 SF · lease $13.80/SF/yr · vacancy 5.13% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$177.0K
$154.9K – $206.5K (±1% cap)
NOI $12,390 @ 7.0% cap · market cap 4.14%
Second Best
Apartment 5plus
$162.8K
$142.5K – $189.9K (±1% cap)
NOI $11,396 @ 7.0% cap · market cap 3.81%
Theoretical Best
Office A
$436.7K
$382.1K – $509.4K (±1% cap)
NOI $30,566 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Florist Wine and Liquor Store Pet Grooming Service Mobile Phone Store

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

Location Intelligence

Trade Area within ½ mile

1,091
Businesses Nearby

Demographics for 04412, ME

9,672
Population
4,565
Households
2.1
Avg Household Size
43
Median Age
31%
College-Educated
95%
High-School Grad
15.2 sq mi
ZIP Area
636
Density / Sq Mi
$51,490
Median Household Income
$35,700
Median Earnings
$984
Median Rent
$218,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Updated two-unit duplex featuring separate entrances and dedicated parking for each unit.
Where is this duplex located?
The property is located at 192 Wilson Street Brewer, ME.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two‑unit duplex with separate entrances; First‑floor unit: one bedroom and one bath; Upstairs unit: two bedrooms
More about this property
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