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Two-Unit Duplex with Deck
New
For Sale
$325,000

53 Halifax Street, Winslow, ME 04901

Multi-Family, Winslow, ME

Property Size2,040 SF
Lot Size0.25 Acres
Price / SF$159.31
Days on Market4

Property Features for 53 Halifax Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MU
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 1, Bathroom 2
Parking features Off Street
Patio and Porch features Deck
Pets allowed No
Interior features 1st Floor Bedroom, Attic, Shower
Basement Dirt Floor, Full, Unfinished
Lot features Open, Level, Sidewalks, Intown, Near Shopping
Standard status Active
Size 2,040 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 2626

Utilities

Sewer type Public Sewer
Heating system Oil, Zoned, Baseboard
Water source Public
Water front features Stream

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Flooring type Wood, Vinyl, Tile, Laminate
Building materials Wood Frame, Aluminum Siding
Roof type Metal
Listing Agency: Keller Williams Realty
Listed By: Francois Rodrigue
Added: Oct 6 Last Checked: Oct 9 at 6:06AM
MLS# 1683314

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 2,040-square-foot duplex contains two units and dates to 1920. Interior features include a first-floor bedroom, attic, and two bathrooms. The building has wood framing, aluminum siding, a metal roof, and a deck. Heating is oil-fired, zoned, and baseboard; public water and sewer serve the property. Off-street parking is available.

The 0.25-acre property is in Winslow, near shopping and local amenities, with Waterville a short drive away. Zoning is MU, and the site includes a stream feature.

Key Highlights

  • Two‑unit duplex with 2,040 square feet of building area
  • 0.25‑acre parcel with a stream feature
  • MU zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,782
Cap Rate
7.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$455,640 $455.6K
Cap Rate 7%
$325,457 $325.5K
Cap Rate 9%
$253,133 $253.1K
Market Conditions
NOI Build-Up for 2,040 SF
Gross rent
$33.0K $16.20/SF
− Vacancy
−$502 −$0.25/SF
EGI
$32.5K $15.95/SF
− OpEx
−$9.8K −$4.79/SF
NOI
$22.8K $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%
$455,640
Cap Rate 7%
$325,457
Cap Rate 9%
$253,133

Alternative Uses

Best Use
Multifamily LT 5
$325.5K
$284.8K – $379.7K (±1% cap)
NOI $22,782 @ 7.0% cap · market cap 7.01%
Second Best
Apartment 5plus
$283.9K
$248.4K – $331.2K (±1% cap)
NOI $19,873 @ 7.0% cap · market cap 6.11%
Theoretical Best
Warehouse
$3.04M
$2.66M – $3.55M (±1% cap)
NOI $213,044 @ 7.0% cap · market cap 65.55%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Grocery & Convenience Store Real Estate Agency (Bike/Boat/Book/etc) Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

421
Businesses Nearby

Demographics for 04901, ME

26,491
Population
12,084
Households
2.2
Avg Household Size
41
Median Age
30%
College-Educated
93%
High-School Grad
78.8 sq mi
ZIP Area
336
Density / Sq Mi
$54,122
Median Household Income
$33,623
Median Earnings
$957
Median Rent
$188,800
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - A quarter-acre parcel with a stream feature accompanies the two-unit residential property.
Where is this duplex located?
The property is located at 53 Halifax Street Winslow, ME.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,040 square feet of building area; 0.25‑acre parcel with a stream feature; MU zoning
More about this property
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