Duplex with Enclosed
For Sale
$225,000
217 Wilson Street, Brewer, ME 04412
Multi-Family, Brewer, ME
Property Size1,644 SF
Lot Size0.37 Acres
Price / SF$136.86
Days on Market43
Property Features for 217 Wilson Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Mixed Use
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bathroom 2, Bathroom 1
Parking features
Off Street
Patio and Porch features
Porch
Basement
Walk-Out Access, Unfinished
Lot features
Near Country Club, Open, Wooded, Intown, Near Golf Course, Near Shopping, Near Turnpike/ Interstate, Near Railroad
Standard status
Active
Size
1,644 SF
Lot size
0.37 Acres
Additional Details
Individually Metered Utilities
electricity
Taxes and HOA fees
Tax Year
26
Tax Annual Amount
3225
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Electric (Heating), Forced Air, Other (Heating)
Water source
Public
Amenities
enclosed porch
Building Details
Year built
1900
Number of units
2
Flooring type
Carpet, Vinyl
Building materials
Wood Frame, Vinyl Siding
Roof type
Shingle
Architectural style
Other
Listing Agency:
Better Homes & Gardens Real Estate/The Masiello Group · Better Homes and Gardens Real Estate
(207) 942-6711
Listed By:
Kimberly Brountas
(207) 745-9588
Added: Sep 15
Changed: Oct 27
Last Checked: Oct 27 at 10:06PM
MLS# 1680694
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.
This 1,644-square-foot duplex sits on a 0.37-acre lot and was built in 1900. The wood-frame building has vinyl siding, replacement windows, an enclosed porch, and separate electrical meters. Heating includes natural gas and electric service; public water and sewer serve the property.
Mixed-use zoning is noted, and the property information identifies possible small-business use or a third apartment, subject to municipal approval. Off-street parking is available, with a garage and storage space also described on site.
Mixed-use zoning is noted, and the property information identifies possible small-business use or a third apartment, subject to municipal approval. Off-street parking is available, with a garage and storage space also described on site.
Key Highlights
- Duplex with 1,644 square feet on a 0.37‑acre lot
- Mixed Use zoning; potential business use or a third apartment is subject to municipal approval
- Separate electrical meters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,066
Cap Rate
6.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$301,320
$301.3K
Cap Rate 7%
$215,229
$215.2K
Cap Rate 9%
$167,400
$167.4K
Market Conditions
NOI Build-Up for 1,644 SF
Gross rent
$22.7K $13.80/SF
− Vacancy
−$1.2K −$0.71/SF
EGI
$21.5K $13.09/SF
− OpEx
−$6.5K −$3.93/SF
NOI
$15.1K $9.16/SF
Area
Penobscot County, ME
Vacancy
5.13%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$301,320
Cap Rate 7%
$215,229
Cap Rate 9%
$167,400
Alternative Uses
Best Use
Multifamily LT 5
$215.2K
$188.3K – $251.1K
NOI $15,066 @ 7.0% cap · market cap 6.70%
Second Best
Apartment 5plus
$198.0K
$173.2K – $231.0K
NOI $13,857 @ 7.0% cap · market cap 6.16%
Theoretical Best
Office A
$531.0K
$464.6K – $619.5K
NOI $37,168 @ 7.0% cap · market cap 16.52%
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
Open Analytics
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
888
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate electrical meters and mixed-use zoning support the property’s residential configuration and potential business use, subject to municipal approval.
Where is this duplex located?
The property is located at 217 Wilson Street Brewer, ME.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Duplex with 1,644 square feet on a 0.37‑acre lot; Mixed Use zoning; potential business use or a third apartment is subject to municipal approval; Separate electrical meters
