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    Scarborough, ME
    Residential Income

    Scarborough, ME Residential Income Properties for Sale

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    Gorham, ME Westbrook, ME South Portland, ME
    Scarborough Multifamily Investment Opportunity
    Updated: Apr 28
    Scarborough Multifamily Investment Opportunity

    90 Broadturn Road, Scarborough, ME 04074

    $2,999,999
    11,478 sqft · 9.00 AC lot
    16‑unit multifamily with four buildings, each containing four units (total of 16 apartments).
    Unit mix: fifteen 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit.
    All units are currently occupied, providing in‑place rental income.
    Recent renovations include new heat pumps installed in all units.
    Additional income from on‑site coin‑operated laundry.
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    This listing looks promising.

    Here's a quick look at some key insights for

    90 Broadturn Road, Scarborough, ME 04074

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    • Est. Cap Rate

      6.3%
      Above avg (5.9%)

    • Est. NOI

      $189K
      Annual

    • Mortgage

      $1.6M
      Mar 2022

    • Last Sold

      Mar 2022
      $2M
    View Property Analytics
    Scarborough Multifamily Investment Opportunity
    Updated: Apr 28
    Scarborough Multifamily Investment Opportunity

    90 Broadturn Road, Scarborough, ME 04074

    $2,999,999
    11,478 sqft · 9.00 AC lot
    16‑unit multifamily in 4 buildings (4 units each), with 15 two‑bedroom units and 1 one‑bedroom unit
    All 16 units are currently occupied, providing immediate rental income
    Substantial renovations in recent years with updated major systems and modernized interiors
    New heat pumps installed in all units; heating sources include heat pump, oil, hot water, and electric
    On‑site coin‑operated laundry plus each unit has 2 dedicated parking spaces and overflow parking for guests
    View details
    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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    Scarborough Multifamily Investment Opportunity
    Scarborough Multifamily Investment Opportunity

    90 Broadturn Rd, Scarborough, ME 4074

    $2,999,999
    11,478 sqft

    16-unit multifamily property in desirable Scarborough location.

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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 15 Potential Opportunities for your consideration. Besides 4 Active listings in Scarborough, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

    Updated Two-Unit Multifamily Home
    Updated Two-Unit Multifamily Home

    1306 Long Plains Road, Buxton, ME 04093

    $615,900
    2,500 sqft · 6.25 AC lot

    Updated 2-unit home on spacious acreage, offering a 4-bedroom unit and a 3-bedroom unit with barn storage separation.

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    Duplex With Rear Cottage
    Duplex With Rear Cottage

    62 Evergreen Avenue, Old Orchard Beach, ME 04064

    $819,000
    3,931 sqft · 0.12 AC lot

    Two updated 2-bedroom units plus a detached rear cottage, each with established rental history and private outdoor space.

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    Triplex with Flexible Rental Terms
    Triplex with Flexible Rental Terms

    21 Milliken Street, Old Orchard Beach, ME 04064

    $989,000
    2,288 sqft · 0.12 AC lot

    Town-inspected triplex at 21 Milliken Street offering adaptable short-, mid-, or long-term rental setups near Old Orchard Beach.

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    Residential Income Triplex Property
    Residential Income Triplex Property

    69 Old Orchard Road, Buxton, ME 4093

    $800,000
    4,365 sqft

    Triplex-style setup with multiple living units and a newly installed roof completed for the next owner.

    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.

    Scarborough Land Near Sewell Woods
    Scarborough Land Near Sewell Woods

    91 C Broadturn Road, Scarborough, ME 04074

    $159,000
    2.91 AC lot

    2.91-acre lot near amenities and protected woodland trails.

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    Scarborough Land Near Sewell Woods
    Scarborough Land Near Sewell Woods

    91 B Broadturn Road, Scarborough, ME 04074

    $159,000
    1.83 AC lot

    1.83 acre lot with access to Sewell Woods trails.

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    Land in Coastal Community
    Land in Coastal Community

    12 Red Oak Drive, Old Orchard Beach, ME 04064

    $279,000
    0.50 AC lot

    Spacious lots in a private, wooded community near beaches.

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    Old Orchard Beach Land Opportunity
    Old Orchard Beach Land Opportunity

    14 Red Oak Drive, Old Orchard Beach, ME 04064

    $279,000
    0.49 AC lot

    Build your dream home in a private, wooded community.

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    Off-Market Properties in Scarborough, ME

    Consider similar Off-Market properties in Scarborough, 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.

    39 Dunstan Lndg Rd
    CAMPGROUND, RV PARK

    39 Dunstan Lndg Rd, Scarborough, ME 04074-9202

    Value Estimation by Request
    408 sqft · 6.70 AC lot
    View details
    56 Saco St
    CAMPGROUND, RV PARK

    56 Saco St, Scarborough, ME 04074-8230

    Value Estimation by Request
    21.00 AC lot
    View details
    72 Us Rte 1st 1
    BOARDING/ROOMING HOUSE

    72 Us Rte 1st 1, Scarborough, ME 04074-9658

    Value Estimation by Request
    1,300 sqft · 0.37 AC lot
    View details

    Scarborough, ME Residential Income Properties Market Trends and Statistics

    Explore 7 residential income properties for sale in Scarborough, ME, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 37,018 square feet of properties for sale, with an estimated market value of $9,494,997.

    Sale prices for residential income properties in Scarborough, ME start at $495,000, averaging $2,373,749, and reaching up to $2,999,999 — 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

    Multifamily properties 4
    Apartment buildings 3
    Duplexes 1

    Demographics Overview

    Population 23K
    Population Growth (5Y) +14.3%
    Median Household Income $125,642
    College Educated 39.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    04074 $2.3M

    Taxes & Financing

    Tax Rate (average for all types) 1.45%
    Property Tax per SF $40.17 per SF
    Tax Rate vs County Average 0.06 pp below 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 Scarborough fall within the 100,000+ square foot range.

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