Duplex with
For Sale
$289,000
25 Washington Street, Augusta, ME 04330
Multi-Family, Augusta, ME
Property Size1,992 SF
Lot Size0.11 Acres
Price / SF$145.08
Days on Market12
Property Features for 25 Washington Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
residential
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Basement, Bathroom 2
Patio and Porch features
Porch
Interior features
1st Floor Bedroom, Attic, Bathtub, Shower, Storage
Basement
Full
Lot features
Corner Lot, Level, Sidewalks, Intown, Near Shopping, Neighborhood
Standard status
Active
Size
1,992 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2611
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Baseboard, Hot Water(Heating)
Water source
Public
Amenities
garage
yard
Building Details
Year built
1901
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Carpet
Building materials
Wood Frame, Asbestos
Roof type
Metal
Architectural style
Greek Revival
Additional Structures
Storage
Listing Agency:
AllMaineHomes, LLC · Century 21 Real Estate
(207) 623-2100
Listed By:
Daniel Hildebrandt
(207) 679-7389
Added: Sep 25
Last Checked: Oct 6 at 2:06AM
MLS# 1682110
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 1,992-square-foot duplex dates to 1901 and sits on a 0.11-acre lot. The two apartments have interior updates, and the property includes a garage and a small yard. Tenants pay their own heat, supplied by natural gas. Recent work includes electrical improvements and fresh paint on the roof.
The building has a metal roof, public water and public sewer. Interior features include hardwood and carpet flooring, storage, an attic, and a porch.
The building has a metal roof, public water and public sewer. Interior features include hardwood and carpet flooring, storage, an attic, and a porch.
Key Highlights
- 1,992‑square‑foot duplex on a 0.11‑acre lot
- Garage serves the two‑apartment property
- Tenants pay their own natural gas heat
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,246
Cap Rate
7.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$444,920
$444.9K
Cap Rate 7%
$317,800
$317.8K
Cap Rate 9%
$247,178
$247.2K
Market Conditions
NOI Build-Up for 1,992 SF
Gross rent
$32.3K $16.20/SF
− Vacancy
−$491 −$0.25/SF
EGI
$31.8K $15.95/SF
− OpEx
−$9.5K −$4.79/SF
NOI
$22.2K $11.17/SF
Area
Kennebec County, ME
Vacancy
1.52%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$444,920
Cap Rate 7%
$317,800
Cap Rate 9%
$247,178
Alternative Uses
Best Use
Multifamily LT 5
$317.8K
$278.1K – $370.8K
NOI $22,246 @ 7.0% cap · market cap 7.70%
Second Best
Apartment 5plus
$277.2K
$242.6K – $323.4K
NOI $19,405 @ 7.0% cap · market cap 6.71%
Theoretical Best
Warehouse
$2.97M
$2.60M – $3.47M
NOI $208,031 @ 7.0% cap · market cap 71.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
400
Businesses Nearby
Explore this area
Business Placement
Demographics for 04330, ME
26,322
Population
13,017
Households
2
Avg Household Size
44
Median Age
28%
College-Educated
95%
High-School Grad
116.9 sq mi
ZIP Area
225
Density / Sq Mi
$55,158
Median Household Income
$43,177
Median Earnings
$912
Median Rent
$197,600
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
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Frequently Asked Questions
What type of property is this?
Duplex - Each apartment has tenant-paid natural gas heat, with a garage serving the property.
Where is this duplex located?
The property is located at 25 Washington Street Augusta, ME.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: 1,992‑square‑foot duplex on a 0.11‑acre lot; Garage serves the two‑apartment property; Tenants pay their own natural gas heat
