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    Westbrook, ME
    Residential Income

    Westbrook, ME Residential Income Properties for Sale

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    7 properties
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    Three-Unit Triplex with Private Decks
    Updated: Jul 27
    Three-Unit Triplex with Private Decks

    20 Elmwood Avenue, Westbrook, ME 04092

    $569,000
    2,711 sqft 0.14 AC lot
    Fully rented three‑story, three‑unit triplex with separate electrical meters
    Two 1‑bedroom units plus one spacious 3‑bedroom unit, plus rear studio/storage bonus area (Unit D)
    Two private decks, including a brand‑new deck in 2025
    New roof in 2024; large 3‑bedroom unit painted and refreshed in 2026
    Public water and private sewer (septic tank/private sewer)
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    This listing looks promising.

    Here's a quick look at some key insights for

    20 Elmwood Avenue, Westbrook, ME 04092

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    • Est. Cap Rate

      8.4%
      Above avg (5.9%)

    • Est. NOI

      $48K
      Annual

    • Price @ 7% Cap

      $684K
      Above asking

    • Property Type

      Triplex
      Built 1930
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    Six-Unit Apartment Building
    Updated: Aug 7
    Six-Unit Apartment Building

    8 Spring Street, Westbrook, ME 04092

    $1,150,000
    4,102 sqft 0.18 AC lot
    Six apartments with a mix of two two‑bedroom and four one‑bedroom units
    4,102 square feet on a 0.18‑acre lot
    Three‑level building constructed in 1900
    Fully occupied with coin‑operated laundry and tenant storage
    Assigned off‑street parking plus detached two‑car garage
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    Two-Family Duplex with Off-Street Parking
    Two-Family Duplex with Off-Street Parking

    124 Brackett Street, Westbrook, ME 04092

    $599,000
    2,292 sqft 0.12 AC lot

    Two 3-bedroom, 1-bath units in a wood-frame duplex with off-street parking, basement laundry, and public utilities.

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    Three-Unit Triplex with Private Decks
    Three-Unit Triplex with Private Decks

    20 Elmwood Avenue, Westbrook, ME 04092

    $569,000
    2,711 sqft

    Fully rented triplex with separate electrical meters, two driveways, and flexible bonus space.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Three-Property Residential Portfolio
    Three-Property Residential Portfolio

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

    $1,195,000
    2,352 sqft 0.30 AC lot

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

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    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    5 Stevens Avenue, Westbrook, ME 04092

    $550,000
    2,414 sqft

    Separate utilities and flexible layouts support owner-occupancy or rental use.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    8 Spring Street, Westbrook, ME 04092

    Contact for pricing
    4,102 sqft

    Three-level property with a mix of one- and two-bedroom residences in downtown Westbrook.

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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 7 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.

    Two-Unit Property with Garage
    Two-Unit Property with Garage

    14 Devon Street, Portland, ME 04102

    $725,000
    2,487 sqft 0.27 AC lot

    The wood-frame property contains separate apartments, basement access, and a two-car garage.

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    Colonial Duplex with Deck
    Colonial Duplex with Deck

    24 Rowe Avenue, Portland, ME 04102

    $650,000
    1,749 sqft 0.13 AC lot

    Two-unit property with updated kitchen, remodeled bath, private entrance, deck, and off-street parking.

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    Duplex with Two-Car Garage
    Duplex with Two-Car Garage

    14 Devon Street, Portland, ME 04102

    $725,000
    2,487 sqft 0.28 AC lot

    Two-unit New Englander duplex on a large lot with off-street parking and a two-car garage, built in 1900.

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    Updated Duplex with Private Entrance
    Updated Duplex with Private Entrance

    24 Rowe Avenue, Portland, ME 04102

    $650,000
    1,749 sqft

    Two-unit property with remodeled interiors, dedicated outdoor space, storage, and off-street parking.

    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.

    Approved Residential Development Land
    Approved Residential Development Land

    680 Methodist Rd, Westbrook, ME 04092

    Contact for pricing
    19.92 AC lot

    19.92 acre approved 9-lot subdivision near Route 302.

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    Portland Land Near Fore River
    Portland Land Near Fore River

    Hillcrest Avenue, Portland, ME 04102

    $275,000
    0.31 AC lot

    Residential land for sale near downtown Portland and nature preserve.

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    Portland Land Ready For Development
    Portland Land Ready For Development

    1 Coolidge Avenue, Portland, ME 04103

    $169,000
    0.19 AC lot

    Land in Portland's desirable neighborhood, build your vision!

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    Residential Land in Capisic/Rosemont
    Residential Land in Capisic/Rosemont

    63 Capisic Street, Portland, ME 04102

    $195,000
    0.14 AC lot

    Expansive lot in Portland's desirable Capisic/Rosemont neighborhood.

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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
    View details

    Westbrook, ME Residential Income Properties Market Trends and Statistics

    Explore 8 residential income properties for sale in Westbrook, ME, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 20,684 square feet of properties for sale, with an estimated market value of $4,632,000.

    Sale prices for residential income properties in Westbrook, ME start at $550,000, averaging $772,000, 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

    Multifamily properties 7
    Duplexes 3
    Apartment buildings 2
    Triplexes 2
    Single family properties 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 $604.4K

    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

    Office

    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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