Duplex with Attached
For Sale
$525,000
37 Lower Dedham Road, Holden, ME 04429
MULTI_FAMILY - Ranch - Holden, ME
Property Size1,896 SF
Lot Size1.33 Acres
Price / SF$276.90
Days on Market58
Property Features for 37 Lower Dedham Road
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Property condition
Under Construction
Zoning
Rural
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking features
Open
Interior features
1st Floor Bedroom, One-Floor Living, Shower
Lot features
Open, Level, Wooded, Rural
Standard status
Active
Size
1,896 SF
Lot size
1.33 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
854
Utilities
Sewer type
Private Sewer, Septic Tank
Heating system
Hot Water(Heating), Propane (Heating), Baseboard
Water source
Well, Private
Amenities
granite countertops
luxury vinyl tile flooring
attached garage
high-efficiency boiler
Building Details
Year built
2025
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Building materials
Wood Frame, Vinyl Siding
Roof type
Shingle
Architectural style
Ranch
Listing Agency:
Realty of Maine
(207) 942-6310
Listed By:
Kortnie Mullins
(207) 991-4924
Added: Jun 10
Changed: Aug 1
Last Checked: Aug 6 at 4:06AM
MLS# 1646791
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.
Newly constructed duplex (ranch style) under construction on 1.33 acres. Each unit features two bedrooms and one full bath, with a bright open-concept layout connecting the living room and kitchen. Flooring is vinyl, and the kitchens include granite countertops. Each unit includes an attached garage with dedicated storage space and is heated by a high-efficiency boiler, with propane and baseboard heating noted.
The property is served by a well and private sewer with a septic tank. Construction materials include wood frame and vinyl siding, with a shingle roof. Parking is listed as open.
Built in 2025, the layout supports owner-occupied living alongside rental income, including options such as multigenerational housing or an in-law arrangement.
The property is served by a well and private sewer with a septic tank. Construction materials include wood frame and vinyl siding, with a shingle roof. Parking is listed as open.
Built in 2025, the layout supports owner-occupied living alongside rental income, including options such as multigenerational housing or an in-law arrangement.
Key Highlights
- 1.33‑acre ranch duplex property under construction
- 1896 SF total property size
- Built in 2025
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 | $26.2k | $13.80 |
| − Vacancy | −$1.3k | −$0.71 |
| EGI | $24.8k | $13.09 |
| − OpEx | −$7.4k | −$3.93 |
| NOI | $17.4k | $9.16 |
1,896 SF · lease $13.80/SF/yr · vacancy 5.13% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$248.2K
$217.2K – $289.6K
NOI $17,376 @ 7.0% cap · market cap 3.31%
Second Best
Apartment 5plus
$228.3K
$199.8K – $266.4K
NOI $15,981 @ 7.0% cap · market cap 3.04%
Theoretical Best
Office A
$612.4K
$535.8K – $714.4K
NOI $42,865 @ 7.0% cap · market cap 8.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Explore this area
Business Placement
Demographics for 04429, ME
4,925
Population
2,963
Households
1.7
Avg Household Size
48
Median Age
42%
College-Educated
98%
High-School Grad
70.6 sq mi
ZIP Area
70
Density / Sq Mi
$92,223
Median Household Income
$52,391
Median Earnings
$1,316
Median Rent
$268,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Newly constructed duplex with two 2-bedroom units, each with an attached garage and private well and septic.
Where is this duplex located?
The property is located at 37 Lower Dedham Road Holden, ME.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 1.33‑acre ranch duplex property under construction; 1896 SF total property size; Built in 2025
