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    Cape Elizabeth, ME
    Triplex

    Cape Elizabeth, ME Triplexes for Sale

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    South Portland, ME Portland, ME Scarborough, ME Westbrook, ME Old Orchard Beach, ME New Portland, ME Gorham, ME Falmouth, ME
    Three-Unit Residential Income Property
    Updated: Jul 29
    Three-Unit Residential Income Property

    551 Shore Road, Cape Elizabeth, ME 04107

    $1,200,000
    4,537 sqft 0.24 AC lot
    Ocean‑front three‑unit property set along Cape Elizabeth’s Shore Road corridor
    Year built 1875 with Shingle‑style construction, wood frame and shingle roof
    Units include a spacious one‑bedroom plus two three‑bedroom units
    Each unit features its own dedicated office and covered front porch; 1st‑floor bedroom noted
    Separate heating systems and hot water heaters for practical unit independence; natural gas steam heat
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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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Cape Elizabeth, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Three-Unit Residential Income Building
    Three-Unit Residential Income Building

    115 Clark Street, Portland, ME 04102

    $1,199,000
    2,784 sqft 0.07 AC lot

    Well-maintained three-unit with one vacant apartment and off-street parking; RN-4 zoning.

    View details
    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    94 Emery Street, Portland, ME 04102

    $859,000
    2,413 sqft 0.07 AC lot

    Circa 1866 New Englander with three one-bedroom units, on-site laundry, and off-street parking for all tenants.

    View details
    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    115 Clark Street, Portland, ME 04102

    $1,345,000
    2,784 sqft

    Well-maintained three-unit with off-street parking and multiple distinct unit layouts, including deck access and a lofted third level.

    View details
    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    94 Emery Street, Portland, ME 04102

    $871,500
    2,413 sqft

    Three one-bedroom units in a multi-level New Englander with on-site laundry and off-street designated parking for tenants.

    View details

    Cape Elizabeth, ME Triplexes Market Trends and Statistics

    Explore 1 triplexes 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 three-family homes 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

    Duplexes 1

    Demographics Overview

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

    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

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