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Updated Three-Bedroom Duplex
For Sale
$374,900

881 Main St, Waterboro, ME 04087

Two residential units offer separate utilities, laundry hookups, attic access, and classic covered porches.

Property Size2,562 SF
Price / SF$146.33
Days on Market9

Property Features for 881 Main St

General Information

Standard status Active
Size 2,562 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1914
Buildings 1
Listing Agency: Better Homes & Gardens Real Estate/The Masiello Group
Listed By: Kayla Dyer
Source: Soldbymichaelthomas
Added: Sep 18 Changed: Sep 21 Last Checked: Sep 24 at 12:56PM

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 Better Homes & Gardens Real Estate/The Masiello Group

Investment Insights

Based on property information with market context.

This duplex contains two 3-bedroom, 1-bathroom units within a 2,562-square-foot property. Each side includes a classic farmers porch, attic access, laundry hookups, and separate utilities. The property retains traditional character while incorporating practical updates, including newer heating systems, electrical and plumbing work where needed, and ongoing maintenance. The roof was replaced in 2008, and a septic system was installed in 1991.

Located in town, the property is close to shopping, dining, and everyday necessities. Portland is less than 45 minutes away, Biddeford is approximately 25 minutes away, and Boston is under 1 hour and 45 minutes away. The two-unit layout supports owner occupancy with rental income from the second unit or continued use as a multi-unit investment property.

Key Highlights

  • Two‑unit duplex with 3 bedrooms and 1 full bathroom per unit
  • 2,562‑square‑foot property with separate utilities for each unit
  • Each unit includes a farmers porch, attic access, and laundry hookups

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Dental Office Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

86
Businesses Nearby

Demographics for 04087, ME

2,269
Population
901
Households
2.5
Avg Household Size
41
Median Age
23%
College-Educated
86%
High-School Grad
19.9 sq mi
ZIP Area
114
Density / Sq Mi
$96,268
Median Household Income
$39,612
Median Earnings
$1,214
Median Rent
$236,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Two residential units offer separate utilities, laundry hookups, attic access, and classic covered porches.
Where is this duplex located?
The property is located at 881 Main St Waterboro, ME.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: Two‑unit duplex with 3 bedrooms and 1 full bathroom per unit; 2,562‑square‑foot property with separate utilities for each unit; Each unit includes a farmers porch, attic access, and laundry hookups
More about this property
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