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

8 Railroad Avenue, Kennebunk, ME 04043

Multi-Family, Kennebunk, ME

Property Size1,554 SF
Lot Size0.11 Acres
Price / SF$868.73
Days on Market2

Property Features for 8 Railroad Avenue

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Zoning Coastal Residential
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Parking features On Street, Off Street
Patio and Porch features Deck, Porch
Interior features Shower
Basement Sump Pump, Unfinished, Crawl Space
Lot features Well Landscaped, Level, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood
Standard status Active
Size 1,554 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 12776

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating), Baseboard, Propane (Heating)
Cooling system Heat Pump
Water source Public

Amenities

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

Building Details

Year built 1955
Number of units 2
Flooring type Vinyl
Building materials Wood Frame, Vinyl Siding
Roof type Shingle, Composition
Architectural style Cottage, Ranch
Listing Agency: Keller Williams Realty
Listed By: Holly Mitchell
Added: Sep 11 Last Checked: Sep 12 at 2:06PM
MLS# 1680205

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 coastal residential property includes two three-bedroom cottages with a combined 1,554 square feet of living area. The homes feature wood-frame construction, vinyl siding, heat pumps, propane and baseboard heating, public water, and public sewer. Interior details include eat-in kitchens, living areas, bathrooms, integrated laundry, custom cabinetry, premium appliances, furnishings, and artwork. Each cottage has its own entrance, deck, and outdoor living area, while the property also includes off-street and on-street parking.

Located at 8 Railroad Avenue in Kennebunk, the property is near Mother's Beach and Dock Square, with restaurants, boutiques, and galleries in the surrounding area. Zoned Coastal Residential, the 0.11-acre parcel was built in 1955 and is currently operated as short-term rental accommodations. Both residences are configured in a cottage and ranch architectural style.

Key Highlights

  • Two three‑bedroom cottages on a 0.11‑acre Coastal Residential parcel
  • 1,554 square feet of property size
  • Currently operated as short‑term rentals

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Garden Center 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

27
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
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?
Short term rental property - Two furnished coastal cottages offer separate outdoor spaces and established short-term rental use near Mother's Beach.
Where is this short term rental property located?
The property is located at 8 Railroad Avenue 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 three‑bedroom cottages on a 0.11‑acre Coastal Residential parcel; 1,554 square feet of property size; Currently operated as short‑term rentals
More about this property
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