Historic Colonial
New
For Sale
$1,200,000
22 Shore Road, York, ME 03909
Multi-Family, York, ME
Property Size2,844 SF
Lot Size1.68 Acres
Price / SF$421.94
Days on Market6
Property Features for 22 Shore Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RES-6
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking features
Off Street
Patio and Porch features
Deck
Interior features
Attic, Shower, Storage
Basement
Dirt Floor, Crawl Space, Unfinished
Lot features
Open, Level, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Town
Standard status
Active
Size
2,844 SF
Lot size
1.68 Acres
Taxes and HOA fees
Tax Year
2027
Tax Annual Amount
8881
Utilities
Sewer type
Public Sewer
Heating system
Wood, Wood Stove, Oil, Forced Air
Water source
Public
Water front features
Stream
Water front
1
Amenities
waterfront
private dock
Building Details
Year built
1780
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Carpet, Wood, Laminate, Tile
Building materials
Wood Frame, Aluminum Siding, Vinyl Siding
Roof type
Shingle
Architectural style
Colonial
Additional Structures
Storage
Listing Agency:
Portside Real Estate Group
(207) 536-4222
Listed By:
Cady Toussaint
(207) 604-2389
Added: Oct 1
Last Checked: Oct 6 at 3:06AM
MLS# 1681954
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 Colonial duplex dates to 1780 and contains two living spaces. The 2,844-square-foot property includes a main residence with an attached two-car garage and a separate in-law suite with two bedrooms and one bathroom. Interior features include an attic and storage, with wood, vinyl, carpet, laminate, and tile flooring. Heating includes oil, forced air, and wood stove options.
The 1.68-acre parcel borders Tapley Creek and has tidal access to the Cape Neddick River, along with a private dock. The property is located in York, Maine, near Cape Neddick Beach, Short Sands, York Village, Ogunquit, restaurants, and shops. Public water and sewer serve the property, which is zoned RES-6.
The 1.68-acre parcel borders Tapley Creek and has tidal access to the Cape Neddick River, along with a private dock. The property is located in York, Maine, near Cape Neddick Beach, Short Sands, York Village, Ogunquit, restaurants, and shops. Public water and sewer serve the property, which is zoned RES-6.
Key Highlights
- Two living spaces, including a separate two‑bedroom, one‑bath suite
- 2,844 square feet on a 1.68‑acre parcel
- Built in 1780 in the Colonial style
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,144
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$962,880
$962.9K
Cap Rate 7%
$687,771
$687.8K
Cap Rate 9%
$534,933
$534.9K
Market Conditions
NOI Build-Up for 2,844 SF
Gross rent
$72.4K $25.44/SF
− Vacancy
−$3.6K −$1.26/SF
EGI
$68.8K $24.18/SF
− OpEx
−$20.6K −$7.25/SF
NOI
$48.1K $16.93/SF
Area
York County, ME
Vacancy
4.94%
Lease Rate
$25.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$962,880
Cap Rate 7%
$687,771
Cap Rate 9%
$534,933
Alternative Uses
Best Use
Multifamily LT 5
$687.8K
$601.8K – $802.4K
NOI $48,144 @ 7.0% cap · market cap 4.01%
Second Best
Apartment 5plus
$627.9K
$549.4K – $732.5K
NOI $43,952 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$901.5K
$788.8K – $1.05M
NOI $63,107 @ 7.0% cap · market cap 5.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
41
Businesses Nearby
Explore this area
Business Placement
Demographics for 03909, ME
10,938
Population
7,101
Households
1.5
Avg Household Size
53
Median Age
50%
College-Educated
98%
High-School Grad
35.2 sq mi
ZIP Area
311
Density / Sq Mi
$108,889
Median Household Income
$55,540
Median Earnings
$1,438
Median Rent
$589,400
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - A two-bedroom secondary suite and an attached two-car garage add distinct features to the property.
Where is this duplex located?
The property is located at 22 Shore Road York, ME.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two living spaces, including a separate two‑bedroom, one‑bath suite; 2,844 square feet on a 1.68‑acre parcel; Built in 1780 in the Colonial style
