Duplex With In-Law
New
For Sale
$550,000
775 N Parish Road, Turner, ME 04282
MULTI_FAMILY - Colonial - Turner, ME
Property Size3,564 SF
Lot Size2.50 Acres
Price / SF$154.32
Days on Market2
Property Features for 775 N Parish Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Rural I
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Basement, Bathroom 1
Parking features
Heated
Patio and Porch features
Porch
Interior features
Walk-in Closets, In-Law Apartment, 1st Floor Bedroom, Attic, Bathtub, Storage
Basement
Walk-Out Access, Unfinished, Full
Lot features
Well Landscaped, Rolling/ Sloping, Pasture/ Field, Open, Farm, Level, Near Golf Course, Near Public Beach, Rural
Standard status
Active
Size
3,564 SF
Lot size
2.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4984
Utilities
Sewer type
Septic Tank, Private Sewer
Heating system
Oil, Forced Air, Electric (Heating), Wood, Wood Stove, Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Well, Private
Building Details
Year built
1900
Floors in Building
3
Number of units
2
Flooring type
Vinyl, Wood
Building materials
Wood Frame, Vinyl Siding, Wood Siding
Roof type
Metal, Shingle
Architectural style
Colonial
Additional Structures
Outbuilding, Storage
Listing Agency:
Keller Williams Realty
(207) 879-9800
Listed By:
Karyn MacGrath
(207) 798-1635
Added: Aug 5
Last Checked: Aug 6 at 11:06AM
MLS# 1658930
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 3,564-square-foot Colonial duplex, built in 1900, sits on 2.5 acres in Turner. The property includes two living spaces, with a separate second-floor kitchen and living area that supports independent occupancy within the home. An unfinished third floor adds flexible interior space, while fireplaces, French doors, stained glass details, wood and vinyl flooring, and a first-floor bedroom contribute to the building’s character. Heating includes oil, electric, heat pump, wood, a wood stove, and forced air, with heat pump cooling. The property also has private well and septic systems, a porch, and heated parking.
Expansive barns provide additional space for storage, workshops, hobby farming, or homesteading activities. The 2.5-acre setting overlooks the first green of Turner Highlands Golf Course, with an orchard across the road and western views toward the White Mountains. Rural I zoning and the property’s multiple structures support a range of residential and land-based uses, subject to applicable approvals.
Expansive barns provide additional space for storage, workshops, hobby farming, or homesteading activities. The 2.5-acre setting overlooks the first green of Turner Highlands Golf Course, with an orchard across the road and western views toward the White Mountains. Rural I zoning and the property’s multiple structures support a range of residential and land-based uses, subject to applicable approvals.
Key Highlights
- 3,564‑square‑foot Colonial duplex built in 1900
- 2.5‑acre property at 775 N Parish Road, Turner, ME 04282
- Separate second‑floor kitchen and living area creates independent in‑law apartment space
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 | $50.9k | $14.28 |
| − Vacancy | −$677 | −$0.19 |
| EGI | $50.2k | $14.09 |
| − OpEx | −$15.1k | −$4.23 |
| NOI | $35.2k | $9.86 |
3,564 SF · lease $14.28/SF/yr · vacancy 1.33% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$502.2K
$439.4K – $585.9K
NOI $35,152 @ 7.0% cap · market cap 6.39%
Second Best
Apartment 5plus
$477.1K
$417.5K – $556.6K
NOI $33,398 @ 7.0% cap · market cap 6.07%
Theoretical Best
Warehouse
$6.33M
$5.54M – $7.38M
NOI $443,095 @ 7.0% cap · market cap 80.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Explore this area
Business Placement
Demographics for 04282, ME
5,817
Population
2,431
Households
2.4
Avg Household Size
43
Median Age
19%
College-Educated
97%
High-School Grad
59.3 sq mi
ZIP Area
98
Density / Sq Mi
$87,981
Median Household Income
$39,625
Median Earnings
$588
Median Rent
$254,400
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 - Flexible two-level layout with independent living space, expansive outbuildings, and rural surroundings suited to multigenerational use.
Where is this duplex located?
The property is located at 775 N Parish Road Turner, ME.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 3,564‑square‑foot Colonial duplex built in 1900; 2.5‑acre property at 775 N Parish Road, Turner, ME 04282; Separate second‑floor kitchen and living area creates independent in‑law apartment space
