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    Cape Elizabeth, ME
    Multifamily

    Cape Elizabeth, ME Multifamily Properties for Sale

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    Cape Eliz, ME South Portland, ME Scarborough, ME Old Orchard Beach, ME Westbrook, ME Saco, ME Long Island, ME Falmouth, ME
    Ocean-Front Triplex
    Updated: Jul 29
    Ocean-Front Triplex

    551 Shore Road, Cape Elizabeth, ME 04107

    $1,200,000
    4,537 sqft 0.24 AC lot
    Ocean‑front triplex with public water and public sewer
    One one‑bedroom unit plus two three‑bedroom units
    Each unit has a dedicated office and covered front porch
    Separate heating systems and hot water heaters between units
    Built in 1875 with shingle architecture and shingle roof
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    This listing looks promising.

    Here's a quick look at some key insights for

    551 Shore Road, Cape Elizabeth, ME 04107

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    • Est. Cap Rate

      6.7%
      Above avg (5.9%)

    • Est. NOI

      $80K
      Annual

    • Price @ 7% Cap

      $1.15M
      Suggested

    • Property Type

      Triplex
      Built 1875
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Cape Elizabeth, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Updated Two-Unit Duplex with Parking
    Updated Two-Unit Duplex with Parking

    134 - 136 Sawyer Street, South Portland, ME 04106

    $589,000
    2,323 sqft 0.11 AC lot

    Updated two-unit duplex with 3-bedroom layouts, flexible extra space, and off-street parking with assigned and on-street options.

    View details
    Updated Two-Unit Duplex with Parking
    Updated Two-Unit Duplex with Parking

    134 - 136 Sawyer Street, South Portland, ME 04106

    $589,000
    2,323 sqft

    Updated duplex with two units, each featuring 3 bedrooms, flexible extra space, and off-street parking.

    View details
    Mixed-Use Investment Property For Sale
    Mixed-Use Investment Property For Sale

    200 Brackett St & 54 Pine St, Portland, ME 04102

    Contact for pricing
    8,172 sqft

    Six-unit investment property with commercial and residential spaces.

    View details
    Multifamily Apartment Building
    Multifamily Apartment Building

    36 State St, Portland, ME 04101

    Contact for pricing

    Multifamily apartment building offered for sale as 36–38 State St.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Wooded Land in Gorham, Maine
    Wooded Land in Gorham, Maine

    30 Boreal Drive, Gorham, ME 04038

    $425,000
    5.46 AC lot

    5+ acre wooded parcel near Gorham's downtown.

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    Augusta Land For Sale
    Augusta Land For Sale

    Map 15 Lot 6C Spring Road, Augusta, ME 04330

    $99,000
    14.63 AC lot

    14.63 acre lot in Augusta's Rural Village Zoning.

    View details
    Augusta Buildable Lot For Sale
    Augusta Buildable Lot For Sale

    214 Mount Vernon Avenue, Augusta, ME 04330

    $49,900
    0.36 AC lot

    0.36 acre lot with public utilities, mobile homes allowed.

    View details
    Residential Development Land with Ranch
    Residential Development Land with Ranch

    358 Roller Coaster Road, Laconia, NH 03246

    $1,195,000
    40.59 AC lot

    Surveyed for future subdivision of multiple home lots, with a 1998 2-bed, 2-bath ranch on site.

    View details

    Cape Elizabeth, ME Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Cape Elizabeth, ME on our real estate platform. These investment opportunities span a total of 4,537 square feet of properties for sale, with an estimated market value of $1,200,000.

    Sale prices for multifamily properties in Cape Elizabeth, ME average $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 1

    Demographics Overview

    Population 9,581
    Population Growth (5Y) +5.3%
    Median Household Income $145,464

    High-Yield Neighborhoods for Investment

    Identify Cape Elizabeth submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    04107 $1M

    Taxes & Financing

    Tax Rate (average for all types) 3.63%
    Property Tax per SF $45.43 per SF
    Tax Rate vs County Average 2.12 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cumberland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Cumberland County

    Retail

    Office

    Residential Income

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