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Duplex with Detached Barn
New
For Sale
$679,000

859 Goodwin Road, Eliot, ME 03903

Multi-Family, Eliot, ME

Property Size2,364 SF
Lot Size0.83 Acres
Price / SF$287.23
Days on Market3

Property Features for 859 Goodwin Road

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Zoning RD
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 1, Bathroom 2
Parking features Open
Patio and Porch features Porch, Deck
Interior features In-Law Apartment, 1st Floor Bedroom, Bathtub, Shower, Storage
Basement Full, Walk-Out Access, Finished
Lot features Well Landscaped, Rural
Standard status Active
Size 2,364 SF
Lot size 0.83 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4508

Utilities

Sewer type Private Sewer
Heating system Oil, Hot Water(Heating)
Water source Well, Private

Building Details

Year built 1960
Floors in Building 1
Number of units 2
Flooring type Laminate
Building materials Wood Frame, Vinyl Siding
Roof type Tar/Gravel
Architectural style Ranch
Additional Structures Storage
Listing Agency: Century 21 North East · Century 21 Real Estate
Listed By: Linda Pratt
Added: Oct 8 Last Checked: Oct 10 at 2:06PM
MLS# 1680477

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 ranch-style duplex pairs a two-bedroom, one-bathroom main-floor residence with a separate lower-level apartment. The lower unit includes a kitchen and living area, bedroom, bathroom, office and den, with its own entrance. An attached two-car garage adds vehicle capacity, while a detached barn offers further space with high ceilings and a walk-up second level. The property also has a porch, deck and storage areas.

Key Highlights

  • 2,364 square feet of property area on 0.83 acres
  • Lower‑level apartment has a private entrance and kitchen/living area
  • Detached barn with high ceilings and a walk‑up second level

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$40,018
Cap Rate
5.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$800,360 $800.4K
Cap Rate 7%
$571,686 $571.7K
Cap Rate 9%
$444,644 $444.6K
Market Conditions
NOI Build-Up for 2,364 SF
Gross rent
$60.1K $25.44/SF
− Vacancy
−$3.0K −$1.26/SF
EGI
$57.2K $24.18/SF
− OpEx
−$17.2K −$7.25/SF
NOI
$40.0K $16.93/SF
Area
York County, ME
Vacancy
4.94%
Lease Rate
$25.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$800,360
Cap Rate 7%
$571,686
Cap Rate 9%
$444,644

Alternative Uses

Best Use
Multifamily LT 5
$571.7K
$500.2K – $667.0K (±1% cap)
NOI $40,018 @ 7.0% cap · market cap 5.89%
Second Best
Apartment 5plus
$521.9K
$456.7K – $608.9K (±1% cap)
NOI $36,534 @ 7.0% cap · market cap 5.38%
Theoretical Best
Office A
$749.4K
$655.7K – $874.3K (±1% cap)
NOI $52,456 @ 7.0% cap · market cap 7.73%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Angela Bolio Accent’s (Bike/Boat/Book/etc) Store E C Robbins ... General Contractor

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Building Supply Bakery (Bike/Boat/Book/etc) Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

44
Businesses Nearby

Demographics for 03903, ME

6,717
Population
3,092
Households
2.2
Avg Household Size
48
Median Age
41%
College-Educated
100%
High-School Grad
19.8 sq mi
ZIP Area
339
Density / Sq Mi
$100,472
Median Household Income
$44,375
Median Earnings
$1,837
Median Rent
$465,100
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
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Frequently Asked Questions

What type of property is this?
Duplex - The lower-level apartment has its own entrance, kitchen and living area, bedroom, bath, office and den.
Where is this duplex located?
The property is located at 859 Goodwin Road Eliot, 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: 2,364 square feet of property area on 0.83 acres; Lower‑level apartment has a private entrance and kitchen/living area; Detached barn with high ceilings and a walk‑up second level
More about this property
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