Active

$419,000

118 Gamage Avenue, Auburn, ME 04210

4beds

2,184sqft

$2,926/mo

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Multi Family

Built in 1952

-- sqft lot

$412,200 Zestimate^®

$192/sqft

$-- HOA

What's special

Plenty of natural lightHardwood flooringNew sidingUpdated electricalNew furnaceGenerously sized roomsNew cabinetry and flooring

Opportunity awaits at this well-maintained two-unit property in a desirable Auburn neighborhood! Offering two spacious units with separate entrances, this property is an appealing addition to an investment portfolio, with both units currently leased and generating rental income. Recent improvements include updated kitchens in both units in 2025 featuring new cabinetry and flooring, along with updated electrical. Additional major updates include new siding in 2022 and a new furnace in 2023. Hardwood flooring, generously sized rooms, and plenty of natural light add warmth and character throughout. The property is situated in a desirable neighborhood with strong rental demand, close to public transportation, shopping, schools, and Lake Auburn. With established tenants already in place and significant recent improvements completed, this is a great opportunity to add an income-producing property to your portfolio. Open house 9/5 11-1.

2 days
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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Baseboard, Hot Water

Cooling

None

Features

1st Floor Bedroom, Shower
Flooring: Laminate, Tile, Wood
Basement: Interior Entry,Full,Sump Pump
Number of fireplaces: 1

Interior area

Total structure area: 2,184
Total interior livable area: 2,184 sqft
Finished area above ground: 2,184
Finished area below ground: 0

Video & virtual tour

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Property

Parking

Parking features: Paved, 5 - 10 Spaces, Off Street

Features

Stories: 2

Lot

Size: 4,791 Square Feet
Features: Near Country Club, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Ski Resort, Corner Lot, Level, Sidewalks, Landscaped

Details

Parcel number: AUBNM250L060
Zoning: Urban Res

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Multi Family

Materials

Wood Frame, Vinyl Siding
Foundation: Poured Concrete
Roof: Metal

Condition

Year built: 1952

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Auburn

Financial & listing details

Price per square foot: $192/sqft
Tax assessed value: $205,000
Annual tax amount: $4,690
Date on market: 9/3/2026
Road surface type: Paved

Estimated market value

$412,200

$392,000 - $433,000

$1,820/mo

Price history

Date	Event	Price
9/3/2026	Listed for sale	$419,000+86.2%$192/sqft
Source: Maine Listings #1679049 Report a problem
9/1/2021	Sold	$225,000$103/sqft
Source: Maine Listings #1500173 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$4,561 +10%	$205,000 +12.5%
2023	$4,145 +20%	$182,200 +20%
2022	$3,453 -4.5%	$151,800
2021	$3,616 +2.7%	$151,800 +2.4%
2020	$3,520 +0%	$148,200
2019	$3,520 +0.3%	$148,200
2018	$3,509 +3%	$148,200
2017	$3,407 +2.2%	$148,200 -0.7%
2016	$3,335	$149,200
2015	$3,335 +5.2%	$149,200 -1%
2013	$3,171 +7.4%	$150,700
2012	$2,952 -3.9%	$150,700 -4.9%
2011	$3,071 +3.6%	$158,400 -2.2%
2009	$2,964 -6.5%	$161,900 -6%
2008	$3,170	$172,200 +44.9%
2006	--	$118,800