Downtown Victorian Duplex
31 Drummond Street Auburn, ME 04210
New
For Sale
$380,000
MULTI_FAMILY - Victorian - Auburn, ME
Property Size3,600 SF
Lot Size0.24 Acres
Price / SF$105.56
Days on Market2
Property Features for 31 Drummond Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Traditional Downtown
- Bathrooms
- 2
- Rooms
- Bathroom 1, Basement, Bathroom 2
- Basement
- Partial, Full
- Standard status
- Active
- Size
- 3,600 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5757
Utilities
- Sewer type
- Public Sewer
- Heating system
- Propane (Heating), Hot Water(Heating), Baseboard
- Water source
- Public
Building Details
- Year built
- 1888
- Number of units
- 2
- Flooring type
- Laminate, Vinyl
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Rolled Hot Mop
- Architectural style
- Victorian
Listing Agency:
Keller Williams Realty
(207) 879-9800
Listed By:
Kevin Fletcher · License #BA903663
(207) 754-9311
Added: Jul 23
Last Checked: Jul 24 at 2:06AM
MLS# 1673177
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.
Victorian-style multifamily property on a 0.24-acre lot featuring 12 total rooms, including six bedrooms and two full baths. The layout offers flexibility for a duplex-style living and rental configuration, with a vinyl exterior designed for low-maintenance upkeep.
Located in Auburn’s traditional downtown area, the property is described as providing easy intown access to local amenities and transit, along with quick access to the turnpike.
The building size is listed at 3,600 square feet. The offering is presented as a downtown Auburn multifamily opportunity for buyers seeking an entry point or added residential income.
Located in Auburn’s traditional downtown area, the property is described as providing easy intown access to local amenities and transit, along with quick access to the turnpike.
The building size is listed at 3,600 square feet. The offering is presented as a downtown Auburn multifamily opportunity for buyers seeking an entry point or added residential income.
Key Highlights
- Victorian‑style multi‑family built in 1888
- 0.24‑acre lot with a downtown Auburn setting
- 6 bedrooms and 2 full baths with 12 total rooms for flexible living arrangements
Financial Insights For Apartment 5plus
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 | $62.2k | $17.28 |
| − Vacancy | −$871 | −$0.24 |
| EGI | $61.3k | $17.04 |
| − OpEx | −$27.6k | −$7.67 |
| NOI | $33.7k | $9.37 |
3,600 SF · lease $17.28/SF/yr · vacancy 1.40% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$507.2K
$443.8K – $591.8K
NOI $35,507 @ 7.0% cap · market cap 9.34%
Second Best
Apartment 5plus
$481.9K
$421.7K – $562.3K
NOI $33,735 @ 7.0% cap · market cap 8.88%
Theoretical Best
Warehouse
$6.39M
$5.59M – $7.46M
NOI $447,571 @ 7.0% cap · market cap 117.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Victorian-style multifamily on a 0.24-acre lot with two full baths and six bedrooms across 12 total rooms.
Where is this duplex located?
The property is located at 31 Drummond Street Auburn, ME.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Victorian‑style multi‑family built in 1888; 0.24‑acre lot with a downtown Auburn setting; 6 bedrooms and 2 full baths with 12 total rooms for flexible living arrangements
