Historic Duplex with Barn
For Sale
$1,195,000
9 Conifer Ridge Road, Cumberland, ME 04110
Multi-Family, Cumberland, ME
Property Size3,769 SF
Lot Size0.88 Acres
Price / SF$317.06
Days on Market50
Property Features for 9 Conifer Ridge Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LDR
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bathroom 3, Bathroom 1
Parking features
Open
Patio and Porch features
Patio
Interior features
In-Law Apartment
Basement
Crawl Space
Lot features
Near Country Club, Well Landscaped, Wooded, Near Golf Course, Near Public Beach, Near Turnpike/ Interstate, Near Town, Neighborhood
Standard status
Active
Size
3,769 SF
Lot size
0.88 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
15051
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Hot Water(Heating), Wood, Wood Stove, Natural Gas, Baseboard, Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Public
Building Details
Year built
1812
Number of units
2
Flooring type
Carpet, Wood, Tile
Building materials
Wood Frame, Shingle Siding, Wood Siding
Roof type
Shingle
Architectural style
Colonial
Listing Agency:
Legacy Properties Sotheby's International Realty
(207) 780-8900
Listed By:
Kristina Keaney
(207) 756-0475
Added: Sep 9
Changed: Oct 27
Last Checked: Oct 28 at 12:06PM
MLS# 1679854
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.
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Investment Insights
Based on property information with market context.
This distinctive duplex property combines a post-and-beam barn residence with a separate accessory dwelling unit above an attached two-car garage. The main home includes three bedrooms, a loft, two bathrooms, and 3,769 square feet of living space, while the one-bedroom, one-bath ADU provides a private entrance and an open kitchen, dining, and living area. Historic construction details include hand-hewn timbers, mortise-and-tenon joinery, reclaimed wood, and a 26-foot cathedral ceiling. Renovations have continued since the barn’s conversion to residential use, including the garage and ADU addition in the early 2000s.
Set on 0.88 acres in Cumberland, the property includes landscaped gardens, a stone patio, public water, and public sewer. The upper loft adds flexible interior space, and the combination of separate living quarters and traditional craftsmanship supports a range of residential configurations.
Set on 0.88 acres in Cumberland, the property includes landscaped gardens, a stone patio, public water, and public sewer. The upper loft adds flexible interior space, and the combination of separate living quarters and traditional craftsmanship supports a range of residential configurations.
Key Highlights
- 3,769 square feet on 0.88 acres
- Main residence includes 3 bedrooms, loft, and 2 bathrooms
- 1‑bedroom, 1‑bath ADU with private entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,604
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,332,080
$1.3M
Cap Rate 7%
$951,486
$951.5K
Cap Rate 9%
$740,044
$740.0K
Market Conditions
NOI Build-Up for 3,769 SF
Gross rent
$101.8K $27.00/SF
− Vacancy
−$6.6K −$1.76/SF
EGI
$95.1K $25.25/SF
− OpEx
−$28.5K −$7.57/SF
NOI
$66.6K $17.67/SF
Area
Cumberland County, ME
Vacancy
6.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,332,080
Cap Rate 7%
$951,486
Cap Rate 9%
$740,044
Alternative Uses
Best Use
Multifamily LT 5
$951.5K
$832.6K – $1.11M
NOI $66,604 @ 7.0% cap · market cap 5.57%
Second Best
Apartment 5plus
$885.2K
$774.6K – $1.03M
NOI $61,965 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$1.04M
$906.4K – $1.21M
NOI $72,514 @ 7.0% cap · market cap 6.07%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
85
Businesses Nearby
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Business Placement
Demographics for 04110, ME
1,752
Population
706
Households
2.5
Avg Household Size
52
Median Age
75%
College-Educated
100%
High-School Grad
2.3 sq mi
ZIP Area
762
Density / Sq Mi
$187,857
Median Household Income
$53,558
Median Earnings
$1,718
Median Rent
$954,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Historic barn residence with a separate accessory dwelling unit and attached two-car garage.
Where is this duplex located?
The property is located at 9 Conifer Ridge Road Cumberland, ME.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: 3,769 square feet on 0.88 acres; Main residence includes 3 bedrooms, loft, and 2 bathrooms; 1‑bedroom, 1‑bath ADU with private entrance
