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    Westbrook, ME
    Multifamily

    Westbrook, ME Multifamily Properties for Sale

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    Three-Unit Multifamily Plus Home
    Updated: Jul 15
    Three-Unit Multifamily Plus Home

    64 Lamb Street, Westbrook, ME 04092

    $990,000
    4,507 sqft 0.32 AC lot
    Two‑building package at 64‑66 Lamb Street: a 3‑unit multi‑family plus a separate 3‑bedroom, 2‑bath single‑family home
    Oversized 0.32‑acre lot with mature landscaping, multiple driveways, and open/off‑street parking
    64 Lamb Street 3‑unit: two large 2‑bedroom units and one large 1‑bedroom unit; all three units are fully rented
    66 Lamb Street: raised ranch built in 1980 with an attached 2‑car garage, private back deck, and 1,400 SF
    Utilities: public water and public sewer; heating includes natural gas with zoned hot water/baseboard system
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    This listing looks promising.

    Here's a quick look at some key insights for

    64 Lamb Street, Westbrook, ME 04092

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    • Est. Cap Rate

      8%
      Above avg (5.9%)

    • Est. NOI

      $80K
      Annual

    • Price @ 7% Cap

      $1.14M
      Above asking
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    Two-Family Residential Income Property
    Updated: Jul 12
    Two-Family Residential Income Property

    124 Brackett Street, Westbrook, ME 04092

    $599,000
    2,292 sqft 0.12 AC lot
    Fully leased two‑family property with two 3‑bedroom, 1‑bath apartments
    Rental income currently generating $5,200 per month
    Off‑street parking and porch, plus fenced property
    Shared laundry in the basement
    Heating: oil forced air; cooling: window unit(s)
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    Three-Property Residential Portfolio
    Three-Property Residential Portfolio

    26, 27, 31 Cross Street, Westbrook, ME 04092

    $1,195,000
    2,352 sqft 0.12 AC lot

    Residential income portfolio with two updated single-family homes and a two-unit building on separate lots.

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    Two-Family Residential Income Duplex
    Two-Family Residential Income Duplex

    132 North Street, Westbrook, ME 04092

    $469,000
    1,901 sqft 0.18 AC lot

    Two-unit duplex with separate kitchens, living rooms, and multiple bedrooms, plus a deep back yard.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 4 Active listings in Westbrook, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Completely Renovated Two-Unit Duplex
    Completely Renovated Two-Unit Duplex

    83 Capisic Street, Portland, ME 04102

    $950,000
    2,432 sqft 0.48 AC lot

    Turnkey duplex in Portland with two townhome-style units, renovated interiors, and brand-new systems on a large lot.

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    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    31 Alba Street, Portland, ME 04103

    $719,000
    2,424 sqft 0.11 AC lot

    Well-maintained two-unit home with updated bathrooms, hardwood living spaces, backyard, off-street parking, and a two-car garage.

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    Scarborough Corner Lot Opportunity
    Scarborough Corner Lot Opportunity

    84 County Road, Scarborough, ME 04074

    $495,000
    2,584 sqft 1.11 AC lot

    1.11-acre corner lot suitable for commercial or residential redevelopment.

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    Two-Unit Residential Income Duplex
    Two-Unit Residential Income Duplex

    31 Alba Street, Portland, ME 04103

    $719,000
    2,424 sqft

    Two-unit duplex features 3-bedroom layouts, hardwood living spaces, off-street parking, a two-car garage, and an unfinished attic.

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    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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    Residential Land in Rural Setting
    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.

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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.

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    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.

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    Off-Market Properties in Westbrook, ME

    Consider similar Off-Market properties in Westbrook, 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.

    41 Arlington Ave
    Multifamily properties

    41 Arlington Ave, Westbrook, ME 04092

    Value Estimation by Request
    0.41 AC lot
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    Westbrook, ME Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in Westbrook, ME, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 11,052 square feet of properties for sale, with an estimated market value of $3,253,000.

    Sale prices for multifamily properties in Westbrook, ME start at $469,000, averaging $813,250, and reaching up to $1,195,000 — 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

    Duplexes 3
    Triplexes 1

    Demographics Overview

    Population 20K
    Population Growth (5Y) +11.2%
    Median Household Income $85,868
    College Educated 26.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    04092 $574.8K

    Taxes & Financing

    Tax Rate (average for all types) 1.66%
    Property Tax per SF $27.97 per SF
    Tax Rate vs County Average 0.14 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

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Westbrook fall within the 100,000+ square foot range.

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