Duplex with In-Unit
New
For Sale
$679,000
55 Brown Street, Westbrook, ME 04092
Multi-Family, Westbrook, ME
Property Size1,726 SF
Lot Size0.29 Acres
Price / SF$393.40
Days on Market3
Property Features for 55 Brown Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RES
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Basement
Parking features
Off Street
Interior features
Walk-in Closets, Shower, Storage
Basement
Full, Sump Pump, Unfinished, Walk-Out Access, Dirt Floor
Appliances
ENERGY STAR Qualified Appliances
Lot features
Well Landscaped, Level, Near Shopping, Near Town, Neighborhood
Standard status
Active
Size
1,726 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
6223
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Baseboard, Hot Water(Heating), Zoned
Cooling system
Window Unit(s)
Water source
Public
Water front features
Stream
Amenities
in-unit laundry
backyard
Building Details
Year built
1900
Floors in Building
3
Number of units
2
Flooring type
Tile - Ceramic, Hardwood
Building materials
Wood Frame, Composition, Wood Siding, Other Exterior
Roof type
Shingle
Architectural style
Other
Additional Structures
Storage
Listing Agency:
Beacon Realty
(207) 776-1083
Listed By:
Shea McGonigal
(207) 749-7387
Added: Oct 9
Last Checked: Oct 11 at 5:06AM
MLS# 1683821
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 1,726-square-foot duplex contains two two-bedroom homes, each with in-unit laundry. The first-floor residence has single-level living, while the other extends across the second and third floors and includes an additional flexible room. The property occupies 0.29 acres and was built in 1900. Major renovations in 2021–2022 included a roof, siding, windows, kitchens, bathrooms, electrical updates, maple flooring, and fresh paint. A replacement heating system and water heaters were added in 2024.
The property has stream views, with a public boat launch across the street. Site features include a backyard and a repaved driveway with off-street parking. Public water and sewer serve the property, which is zoned RES.
The property has stream views, with a public boat launch across the street. Site features include a backyard and a repaved driveway with off-street parking. Public water and sewer serve the property, which is zoned RES.
Key Highlights
- Two 2‑bedroom residences, each with in‑unit laundry
- 1,726 square feet on a 0.29‑acre lot
- Renovations in 2021–2022 included roof, siding, windows, kitchens, bathrooms, electrical, flooring, and paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,501
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$610,020
$610.0K
Cap Rate 7%
$435,729
$435.7K
Cap Rate 9%
$338,900
$338.9K
Market Conditions
NOI Build-Up for 1,726 SF
Gross rent
$46.6K $27.00/SF
− Vacancy
−$3.0K −$1.76/SF
EGI
$43.6K $25.25/SF
− OpEx
−$13.1K −$7.57/SF
NOI
$30.5K $17.67/SF
Area
Cumberland County, ME
Vacancy
6.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$610,020
Cap Rate 7%
$435,729
Cap Rate 9%
$338,900
Alternative Uses
Best Use
Multifamily LT 5
$435.7K
$381.3K – $508.4K
NOI $30,501 @ 7.0% cap · market cap 4.49%
Second Best
Apartment 5plus
$405.4K
$354.7K – $472.9K
NOI $28,376 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$474.4K
$415.1K – $553.5K
NOI $33,207 @ 7.0% cap · market cap 4.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
675
Businesses Nearby
Explore this area
Business Placement
Demographics for 04092, ME
20,400
Population
9,404
Households
2.2
Avg Household Size
40
Median Age
40%
College-Educated
96%
High-School Grad
17.2 sq mi
ZIP Area
1,186
Density / Sq Mi
$85,868
Median Household Income
$49,922
Median Earnings
$1,373
Median Rent
$341,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has two bedrooms, and the upper home occupies the second and third floors.
Where is this duplex located?
The property is located at 55 Brown Street Westbrook, ME.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: Two 2‑bedroom residences, each with in‑unit laundry; 1,726 square feet on a 0.29‑acre lot; Renovations in 2021–2022 included roof, siding, windows, kitchens, bathrooms, electrical, flooring, and paint
