Victorian Duplex with Attached
48 Drummond Street, Auburn, ME 04210
For Sale
$349,000
Multi-Family, Auburn, ME
Property Size2,500 SF
Lot Size0.16 Acres
Price / SF$139.60
Days on Market98
Property Features for 48 Drummond Street
General Information
Property type
Property subtype
Zoning
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Interior features
Basement
Lot features
Standard status
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
Pooley Realty Group
(207) 832-3011
Listed By:
Demetris Webster Jr
(772) 204-4369
Added: Aug 5
Changed: Oct 30
Last Checked: Nov 10 at 8:06PM
MLS# 1674794
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.
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Investment Insights
Based on property information with market context.
Built in 1880, this Victorian duplex contains 2,500 square feet on a 0.16-acre parcel. The property includes two units, an attached garage, a porch, basement space, and off-street parking. Interior details include wood, vinyl, and carpet flooring, natural-gas forced-air heat, three bathrooms, and bedrooms on the first floor. Wood-frame construction with vinyl siding and a shingle roof completes the exterior.
Located at 48 Drummond Street in Auburn, the property is near downtown, shopping, restaurants, parks, and major commuter routes. Public water and public sewer serve the property, and the zoning is Urban Res.
The configuration supports use as a two-unit income property, with the source information also describing the layout as adaptable for conversion to one larger residence. The property may suit an owner-occupant, multi-generational household, or investor seeking a residential income asset.
Located at 48 Drummond Street in Auburn, the property is near downtown, shopping, restaurants, parks, and major commuter routes. Public water and public sewer serve the property, and the zoning is Urban Res.
The configuration supports use as a two-unit income property, with the source information also describing the layout as adaptable for conversion to one larger residence. The property may suit an owner-occupant, multi-generational household, or investor seeking a residential income asset.
Key Highlights
- Two‑unit duplex with 2,500 square feet of property size
- 0.16‑acre parcel at 48 Drummond Street, Auburn, ME 04210
- Built in 1880 with Victorian architectural style
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,658
Cap Rate
7.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$493,160
$493.2K
Cap Rate 7%
$352,257
$352.3K
Cap Rate 9%
$273,978
$274.0K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$35.7K $14.28/SF
− Vacancy
−$475 −$0.19/SF
EGI
$35.2K $14.09/SF
− OpEx
−$10.6K −$4.23/SF
NOI
$24.7K $9.86/SF
Area
Androscoggin County, ME
Vacancy
1.33%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$493,160
Cap Rate 7%
$352,257
Cap Rate 9%
$273,978
Alternative Uses
Best Use
Multifamily LT 5
$352.3K
$308.2K – $411.0K
NOI $24,658 @ 7.0% cap · market cap 7.07%
Second Best
Apartment 5plus
$334.7K
$292.8K – $390.5K
NOI $23,427 @ 7.0% cap · market cap 6.71%
Theoretical Best
Office A
$777.5K
$680.4K – $907.1K
NOI $54,428 @ 7.0% cap · market cap 15.60%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
877
Businesses Nearby
Explore this area
Business Placement
Demographics for 04210, ME
24,061
Population
11,113
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
92%
High-School Grad
59.3 sq mi
ZIP Area
406
Density / Sq Mi
$66,552
Median Household Income
$42,624
Median Earnings
$983
Median Rent
$254,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Auburn, ME
Properties on Market for Duplexes in Auburn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with public utilities, off-street parking, and a flexible layout for investment or owner occupancy.
Where is this duplex located?
The property is located at 48 Drummond Street Auburn, ME.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,500 square feet of property size; 0.16‑acre parcel at 48 Drummond Street, Auburn, ME 04210; Built in 1880 with Victorian architectural style
