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    In-Town Duplex with Attached Barn Title is generated by Realmo AI

    365 Turner Street, Auburn, ME 04210

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    Claim this Listing
    New
    For Sale
    $299,000

    MULTI_FAMILY - Other - Auburn, ME

    Property size:
    2,140 SF
    Lot size:
    0.12 Acres
    Price / SF:
    $139/SF
    Added:
    Jun 26, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 27 at 4:06 pm

    Property Features for 365 Turner Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Urban Residential
    Bathrooms
    2
    Rooms
    Bathroom 1, Basement, Bathroom 2
    Basement
    Partial, Unfinished
    Standard status
    Active
    Size
    2,140 SF
    Lot size
    0.12 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    3867

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1920
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Composition, Carpet, Vinyl, Wood
    Building materials
    Wood Frame, Clapboard, Vinyl Siding
    Roof type
    Composition, Shingle
    Architectural style
    Other

    We can help!

    Contact an agent
    Rachel Bannister

    Listing agent Rachel Bannister

    Listing office EXP Realty 41 Hutchins Drive Building 3, Rangeley, ME

    Listing date Jun 26, 2026

    MLS# 1660603 Listing URL

    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.

    HighLights

    • Duplex built in 1920 with wood frame construction and vinyl siding
    • Each unit has 2 bedrooms with a walk‑in closet in the primary bedroom
    • Washer and dryer hookups in both units; tenants pay heat, hot water, and electricity
    • Public water and public sewer services
    • Tenants are currently in place with the property fully occupied
    • Ample on‑site parking plus a spacious attached barn/garage for storage or workshop use

    Overview

    This in-town duplex offers two functional, consistent residential units. Each unit features two bedrooms, including a generously sized primary bedroom with a walk-in closet. Washer and dryer hookups are available in both units for everyday convenience. Tenants are responsible for their own heat, hot water, and electricity, keeping operating expenses straightforward. The upstairs unit also provides access to a third floor that is currently unused but may offer additional flexibility. The property includes ample on-site parking and a spacious attached barn/garage that can support storage, workshop use, or other future needs. Total land area is 0.12 acres, with 2,140 square feet of building area.

    Located at 365 Turner Street in Auburn, the property is positioned for easy in-town access to parks, shopping, dining, and everyday amenities.

    As a for-sale duplex, it suits both owner-occupants and investors seeking a turnkey arrangement, with the property currently fully occupied and requiring 24-hour notice for showings. The unit design supports a straightforward tenant setup, particularly with utilities handled by residents, while the attached barn/garage and on-site parking add practical value for daily living and tenant retention.

    Local 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 $30.6k $14.28
    − Vacancy −$406 −$0.19
    EGI $30.2k $14.09
    − OpEx −$9.0k −$4.23
    NOI $21.1k $9.86
    2,140 SF · lease $14.28/SF/yr · vacancy 1.33% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $301.5K
    $263.8K – $351.8K (±1% cap)
    NOI $21,107 @ 7.0% cap · market cap 7.06%
    Second Best
    Apartment 5plus
    $286.5K
    $250.7K – $334.2K (±1% cap)
    NOI $20,054 @ 7.0% cap · market cap 6.71%
    Theoretical Best
    Warehouse
    $3.80M
    $3.33M – $4.43M (±1% cap)
    NOI $266,056 @ 7.0% cap · market cap 88.98%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.230585
    Latitude
    44.106787

    FAQs

    What type of property is this?
    Duplex - Two-bedroom duplex with parking and washer/dryer hookups plus attached barn/garage for flexible storage.
    Where is this duplex located?
    The property is located at 365 Turner Street Auburn, 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: Duplex built in 1920 with wood frame construction and vinyl siding; Each unit has 2 bedrooms with a walk‑in closet in the primary bedroom; Washer and dryer hookups in both units; tenants pay heat, hot water, and electricity
    More about this property
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