Old Orchard Beach, ME Multifamily Properties for Sale

List

Map

Saco, ME Scarborough, ME Biddeford, ME Buxton, ME South Portland, ME Arundel, ME Gorham, ME Kennebunkport, ME

6 properties

Updated: Jun 29

Duplex With Rear Cottage

62 Evergreen Avenue, Old Orchard Beach, ME 04064

$819,000

3,931 sqft 0.12 AC lot

Ocean front property with a duplex plus a detached rear cottage for multiple rental income streams
Front duplex has two updated 2‑bedroom units; each includes modern kitchens, newer appliances, and in‑unit washer/dryer
One duplex unit is owner‑occupied; the other provides dependable annual rental income
Detached cottage has a short‑term vacation rental track record in summer and winter rentals from October through May
Backyard features include a fenced yard, spacious patio, outdoor fireplace, and hot tub

View details

This listing looks promising.

Here's a quick look at some key insights for

62 Evergreen Avenue, Old Orchard Beach, ME 04064

View Property Analytics

Est. Cap Rate

8.1%
Above avg (5.9%)
Est. NOI

$67K
Annual
Price @ 7% Cap

$951K
Above asking
Property Type

Single Family Residence
Built 1900

View Property Analytics

Updated: Jul 5

Triplex with Flexible Rental Terms

21 Milliken Street, Old Orchard Beach, ME 04064

$989,000

2,288 sqft 0.12 AC lot

Triplex built in 1952 with ranch/cottage architectural style
Public utilities: public water and public sewer
Roof is shingle; exterior includes wood frame with wood siding
Heating includes hot water (heating) plus baseboard and oil; window unit(s) for cooling
Flooring includes tile, laminate, and carpet

View details

Three-Unit Residential Income Property

25 Evergreen Avenue, Old Orchard Beach, ME 04064

$799,000

2,902 sqft 0.09 AC lot

Triplex with a 3-bedroom, 2-bath main unit plus two additional rentals and multiple decks.

View details

Turnkey Furnished Duplex

16 Union Avenue, Old Orchard Beach, ME 04064

$939,000

1,395 sqft

Two furnished units offer 3 bedrooms/1.5 baths downstairs and 2 bedrooms/1 bath upstairs, with extensive updates.

View details

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Renovated Three-Unit Residential Income

107 Ocean Avenue, Old Orchard Beach, ME 04064

$649,999

2,199 sqft 0.09 AC lot

Three separately metered units with extensive 2022 renovations, dedicated heating, and a newly installed driveway for off-street parking.

View details

Old Orchard Beach Multifamily Investment

96 1st St, Old Orchard Beach, ME 04064

$1,090,000

2,869 sqft

Multifamily property near the beach with year-round rental potential.

View details

Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 6 Active listings in Old Orchard Beach, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, 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.

Riverfront Multifamily Residence

38 Pine Ridge Road, Saco, ME 04072

$2,265,000

4,026 sqft 4.32 AC lot

Remodeled main residence plus a barn apartment on the Saco River, featuring central air, river-view spaces, and a daylight basement.

View details

Owner-Occupied Duplex Near Downtown

57 Hill Street, Saco, ME 04072

$610,000

1,890 sqft 0.32 AC lot

Well-maintained duplex with two 2-bedroom, 1-bath units and recent interior and exterior improvements.

View details

Updated Townhouse-Style Duplex

8 Piersons Lane, Biddeford, ME 04005

$449,000

1,920 sqft 0.12 AC lot

Townhouse-style duplex with 2-bedroom layouts, separate heat pump systems, and substantial 2020 upgrades.

View details

Historic Mixed-Use Redevelopment Opportunity

25 Alfred St, Biddeford, ME

$895,000

17,385 sqft 0.13 AC lot

Historic Laconia Lodge in Biddeford primed for mixed-use redevelopment.

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

30 Boreal Drive, Gorham, ME 04038

$425,000

5.46 AC lot

5+ acre wooded parcel near Gorham's downtown.

View details

Residential Land in Rural Setting

Lot 26C Jennings Road, Leeds, ME 04263

$69,000

307,098.00 AC lot

7.05-acre lot in Leeds, Maine, ready for home plans.

View details

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

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

Off-Market Properties in Old Orchard Beach, ME

Consider similar Off-Market properties in Old Orchard Beach, ME. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

CAMPGROUND, RV PARK

1 Seacoast Ln, Old Orchard Beach, ME 04064-3201

Value Estimation by Request

2,460 sqft 28.67 AC lot

View details

CAMPGROUND, RV PARK

2 Usen Ln, Old Orchard Beach, ME 04064-1904

Value Estimation by Request

374 sqft 0.23 AC lot

View details

Multifamily properties

105 Union Ave, Old Orchard Beach, ME 04064

Value Estimation by Request

6,152 sqft 0.26 AC lot

View details

BOARDING/ROOMING HOUSE

1 Washington Ave, Old Orchard Beach, ME 04064-2109

Value Estimation by Request

2,144 sqft 0.05 AC lot

View details

CAMPGROUND, RV PARK

Portland Ave, Old Orchard Beach, ME 04064

Value Estimation by Request

2.00 AC lot

View details

CAMPGROUND, RV PARK

27 Go Camping Way, Old Orchard Beach, ME 04064-1325

Value Estimation by Request

1,505 sqft 15.89 AC lot

View details

Old Orchard Beach, ME Multifamily Properties Market Trends and Statistics

Explore 12 multifamily properties for sale in Old Orchard Beach, ME, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 15,584 square feet of properties for sale, with an estimated market value of $5,285,999.

Sale prices for multifamily properties in Old Orchard Beach, ME start at $649,999, averaging $880,999, and reaching up to $1,090,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 8,585

Population Growth (5Y) +3.1%

Median Household Income $66,689

College Educated 55.2%

High-Yield Neighborhoods for Investment

Identify Old Orchard Beach submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
04064	$994.8K

Taxes & Financing

Tax Rate (average for all types) 1.14%

Property Tax per SF $16.05 per SF

Tax Rate vs County Average 0.05 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in York County

New Delisted

Total CRE Inventory on Market (SF)

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings