86 B 4th Street, Auburn, ME 04210
Updated two-unit duplex with in-unit laundry, off-street parking, and three-bedroom layouts suited to multiple living arrangements.
- Added:
- May 26, 2026
- Days on Market:
- 15
- Last Refresh:
- Jun 6 at 2:53 am
Property Features for 86 B 4th Street
General Information
- Standard status
- Active
- Size
- 2,178 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1889
Listing agent Melissa Richter (207) 450-9090
Listing office Keller Williams Realty (207) 450-9090
Listing date May 26, 2026
Source Compass
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
HighLights
- Updated 2‑unit duplex built in 1889 with 3 floors and 2 total bathrooms
- Two residential units with in‑unit laundry and three‑bedroom layouts
- Off‑street parking available; porch included
- Recent upgrades include a new roof and new furnace, plus paint, flooring, lighting, and electrical upgrades
- Unfinished interior basement with brick/mortar finish and new basement stairs
- Opportunity to expand into the walk‑up attic (confirm plans with the code office)
Overview
Located in Auburn, the property is described as being close to amenities, with an off-street parking arrangement for easier access. The seller notes the duplex is being offered without the adjacent extra lot, which may be important for buyers comparing it to listings that include that additional parcel.
As a two-family setup, this property can work well for owner-occupants seeking rental income alongside their own residence, or for investors looking for a straightforward residential income asset. The listing also highlights the potential to expand into the walk-up attic, subject to confirmation of any plans with the code office. With multiple updates already completed, it presents a practical option for buyers who want a functional, ready-to-use duplex while retaining an avenue to consider future space reconfiguration.
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 | $31.1k | $14.28 |
| − Vacancy | −$414 | −$0.19 |
| EGI | $30.7k | $14.09 |
| − OpEx | −$9.2k | −$4.23 |
| NOI | $21.5k | $9.86 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Auburn
- County
- Androscoggin
- State
- Maine
- Longitude
- -70.2205282
- Latitude
- 44.084808
