Four-Unit Multi-Family Property

82 Hampshire Street Auburn, ME 04210

Claim this Listing
New
For Sale
$475,000

MULTI_FAMILY - Auburn, ME

Property size:
3,272 SF
Lot size:
0.09 Acres
Price / SF:
$145/SF
Added:
Jul 9, 2026
Days on Market:
2
Last Refresh:
Jul 10 at 6:06 am

Property Features for 82 Hampshire Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
T-4.2
Bathrooms
4
Rooms
Bathroom 2, Bathroom 4, Bathroom 3, Basement, Bathroom 1
Basement
Full, Unfinished
Standard status
Active
Size
3,272 SF
Lot size
0.09 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
4391

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Zoned, Baseboard, Forced Air, Oil, Hot Water(Heating)
Water source
Public

Building Details

Year built
1920
Floors in Building
2
Number of units
4
Flooring type
Vinyl, Carpet, Wood
Building materials
Wood Frame, Vinyl Siding
Roof type
Shingle

Listing agent Faith Fontaine

Listing office Keller Williams Realty 243 Mount Auburn Ave, Portland, ME

Listing date Jul 9, 2026

MLS# 1670997 Listing URL

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 four-unit multi-family property offers a straightforward unit mix of two 1-bedroom apartments and two 2-bedroom apartments. The exterior is covered in vinyl siding designed to support low-maintenance ownership. Off-street parking is available for residents, and the building is serviced by two heating systems, providing flexibility for property management.

Located at 82 Hampshire Street in Auburn, Maine, the property is described as being in the heart of Auburn with convenient access to nearby shopping, restaurants, and everyday amenities. The property is zoned T-4.2.

With four independently sized apartments, the building can appeal to buyers seeking a rental income property with multiple unit types to attract a range of tenants. It may also be a fit for an owner-occupant who wants to live in one unit while renting the others, supported by the property’s configuration and the on-site parking and heating setup.

Key Highlights

  • Four‑unit multi‑family with 2x 1‑bedroom apartments and 2x 2‑bedroom apartments
  • Year built 1920 with wood frame and vinyl siding exterior
  • Two heating systems: natural gas and oil heat with zoned baseboard and forced air, plus hot water heating

Local 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 $46.7k $14.28
− Vacancy −$621 −$0.19
EGI $46.1k $14.09
− OpEx −$13.8k −$4.23
NOI $32.3k $9.86
3,272 SF · lease $14.28/SF/yr · vacancy 1.33% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$461.0K
$403.4K – $537.9K (±1% cap)
NOI $32,272 @ 7.0% cap · market cap 6.79%
Second Best
Apartment 5plus
$438.0K
$383.3K – $511.0K (±1% cap)
NOI $30,662 @ 7.0% cap · market cap 6.46%
Theoretical Best
Warehouse
$5.81M
$5.08M – $6.78M (±1% cap)
NOI $406,792 @ 7.0% cap · market cap 85.64%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Garden Center Veterinary Clinic Catering Service (Bike/Boat/Book/etc) Store Florist Electrical Service Pet Store Pet Store & Service (Bike/Boat/Book/etc) Store Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four-unit rental building with off-street parking, vinyl siding, and two heating systems, offering a versatile unit mix.
Where is this quadplex located?
The property is located at 82 Hampshire Street Auburn, ME.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Four‑unit multi‑family with 2x 1‑bedroom apartments and 2x 2‑bedroom apartments; Year built 1920 with wood frame and vinyl siding exterior; Two heating systems: natural gas and oil heat with zoned baseboard and forced air, plus hot water heating
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message