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Two-Cottage Short-Term Rental Compound
New
For Sale
$1,350,000

8 Railroad Ave, Kennebunk, ME 04043

Two renovated cottages offer separate entrances, private decks, and furnished coastal interiors near Mother's Beach.

Property Size1,554 SF
Price / SF$868.73
Days on Market3

Property Features for 8 Railroad Ave

General Information

Standard status Active
Size 1,554 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 3BR
Multifamily Units 2

Additional Details

Furnished Yes

Amenities

custom cabinetry
designer lighting
premium appliances
curated furnishings
artwork
private decks
Adirondack chairs

Building Details

Year Built 1955
Buildings 2
Listing Agency: Keller Williams Realty
Listed By: Holly Mitchell
Source: Samonasgroup
Added: Sep 20 Last Checked: Sep 21 at 11:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty

Investment Insights

Based on property information with market context.

This 1,554-square-foot coastal property contains two renovated cottages, each arranged with three bedrooms and an independently defined living environment. The residences include eat-in kitchens, living rooms, primary suites, laundry areas, and carefully furnished interiors with custom cabinetry, premium appliances, designer lighting, and artwork. Separate entrances and private decks provide distinct outdoor spaces for each cottage.

The property is located at 8 Railroad Ave in Kennebunk, near Mother's Beach and minutes from Dock Square's restaurants, boutiques, and galleries. It is currently operated as short-term rental accommodations and includes private outdoor seating areas suited to coastal stays.

Built in 1955, the compound can support continued short-term rental use, a shared family retreat, or separate spaces for extended household living, as those uses are identified in the property information.

Key Highlights

  • Two cottages with three bedrooms each
  • 1,554 SF property built in 1955
  • Currently operated as short‑term rentals

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Real Estate Agency Garden Center (Bike/Boat/Book/etc) Store Restaurant Computer & Electronic Repair Gym & Fitness Center

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

29
Businesses Nearby

Demographics for 04043, ME

11,536
Population
6,243
Households
1.8
Avg Household Size
52
Median Age
50%
College-Educated
97%
High-School Grad
35.1 sq mi
ZIP Area
329
Density / Sq Mi
$101,204
Median Household Income
$53,283
Median Earnings
$1,405
Median Rent
$460,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Short term rental property - Two renovated cottages offer separate entrances, private decks, and furnished coastal interiors near Mother's Beach.
Where is this short term rental property located?
The property is located at 8 Railroad Ave Kennebunk, ME.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Two cottages with three bedrooms each; 1,554 SF property built in 1955; Currently operated as short‑term rentals
More about this property
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