Duplex with Walkout Basement and Two-Car
New
For Sale
$499,900
86 Western Avenue, Auburn, ME 04210
MULTI_FAMILY - Colonial - Auburn, ME
Property Size1,980 SF
Lot Size0.24 Acres
Price / SF$252.47
Days on Market1
Property Features for 86 Western Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Zoning
T 4.2B
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bathroom 2, Bathroom 1
Parking features
Off Street, Underground/Basement, Open
Patio and Porch features
Deck
Pets allowed
No
Interior features
1st Floor Bedroom, Bathtub, Shower
Basement
Full, Daylight, Walk-Out Access
Appliances
Tankless Water Heater
Lot features
Rolling/ Sloping, Sidewalks, Wooded, Interior Lot, Intown, Near Shopping, Near Turnpike/ Interstate, Near Town, Neighborhood, Subdivided
Standard status
Active
Size
1,980 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
999
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Zoned, Baseboard, Hot Water(Heating)
Water source
Public
Amenities
washer/dryer hookups
private deck
walkout basement
large windows
modern fully applianced kitchen
Building Details
Year built
2026
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Carpet
Building materials
Wood Frame, Vinyl Siding
Roof type
Fiberglass
Architectural style
Colonial
Listing Agency:
Maine Source Realty
(207) 333-6001
Listed By:
Jon Mercier
(207) 333-6001
Added: Jul 31
Last Checked: Jul 31 at 4:06AM
MLS# 1673688
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 under-construction duplex (Colonial style) is scheduled for completion in 2026 and sits on a 0.24-acre private lot. Total size is 1,980 SF. Each unit is designed with two bedrooms and one full bath, along with ample closet space, large windows, and a modern fully applianced kitchen. Practical in-unit convenience includes washer/dryer hookups and a private deck.
A standout feature is the walkout basement, which provides access to a two-car garage. Utilities include public water and public sewer. Heating is natural gas with zoned baseboard hot water heat, supported by an on-demand boiler, modern insulation, and manufacturer-related new-construction peace of mind.
Exterior construction includes wood frame with vinyl siding, and the roof is fiberglass. Parking is provided with off-street options, including underground/basement access areas, plus open parking as described.
A standout feature is the walkout basement, which provides access to a two-car garage. Utilities include public water and public sewer. Heating is natural gas with zoned baseboard hot water heat, supported by an on-demand boiler, modern insulation, and manufacturer-related new-construction peace of mind.
Exterior construction includes wood frame with vinyl siding, and the roof is fiberglass. Parking is provided with off-street options, including underground/basement access areas, plus open parking as described.
Key Highlights
- Duplex under construction on a 0.24‑acre private lot
- Walkout basement provides access to a 2‑car garage
- 2026 construction with Colonial architectural style
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 | $28.3k | $14.28 |
| − Vacancy | −$376 | −$0.19 |
| EGI | $27.9k | $14.09 |
| − OpEx | −$8.4k | −$4.23 |
| NOI | $19.5k | $9.86 |
1,980 SF · lease $14.28/SF/yr · vacancy 1.33% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$279.0K
$244.1K – $325.5K
NOI $19,529 @ 7.0% cap · market cap 3.91%
Second Best
Apartment 5plus
$265.1K
$231.9K – $309.2K
NOI $18,554 @ 7.0% cap · market cap 3.71%
Theoretical Best
Warehouse
$3.52M
$3.08M – $4.10M
NOI $246,164 @ 7.0% cap · market cap 49.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
586
Businesses Nearby
Explore this area
Business Placement
Demographics for 04210, ME
24,061
Population
11,113
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
92%
High-School Grad
59.3 sq mi
ZIP Area
406
Density / Sq Mi
$66,552
Median Household Income
$42,624
Median Earnings
$983
Median Rent
$254,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Under-construction duplex on a private lot, featuring two-bedroom units with decks and washer/dryer hookups.
Where is this duplex located?
The property is located at 86 Western Avenue Auburn, ME.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Duplex under construction on a 0.24‑acre private lot; Walkout basement provides access to a 2‑car garage; 2026 construction with Colonial architectural style