Looking to grow your investment portfolio or purchase your first income-producing property? This 5-unit multifamily offers a rare opportunity in the highly desirable Lewiston-Auburn rental market. With a strong cap rate of approximately 9.5%, this property delivers the cash flow and long-term investment potential that today's investors are seeking.
Located in a high-demand rental area, 2 Oak Street benefits from Auburn's continued growth and strong tenant demand. Whether you're an experienced investor looking to expand your holdings or a new investor searching for a solid entry point into multifamily ownership, this property checks all the boxes.
Property Highlights:
5-unit multifamily investment property
Approximately 9.5% cap rate
Strong income-producing asset
Located in the sought-after Lewiston-Auburn market
Excellent addition to an established portfolio
Great opportunity for first-time investors
Strong rental demand and long-term growth potential
Don't miss your chance to own a multifamily property in one of Central Maine's most active investment markets. Opportunities with this level of return and location appeal are becoming increasingly difficult to find.
Income and expense figures available upon request. Buyers are encouraged to perform their own due diligence regarding financial projections and cap rate calculations.
Pending
$594,900
2 Oak Street, Auburn, ME 04210
12beds
4,592sqft
Multi Family
Built in 1920
-- sqft lot
$597,400 Zestimate®
$130/sqft
$-- HOA
What's special
- 33 days |
- 20 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
EXP Realty
Source: Maine Listings,MLS#: 1665220
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Baseboard, Hot Water
Cooling
- None
Appliances
- Laundry: Laundry - Coin
Features
- Flooring: Carpet, Vinyl
- Basement: Exterior Entry,Interior Entry,Full,Unfinished
Interior area
- Total structure area: 4,592
- Total interior livable area: 4,592 sqft
- Finished area above ground: 4,592
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, 1 - 4 Spaces, Off Street
Features
- Stories: 2
Lot
- Size: 4,791 Square Feet
- Features: City Lot, Level, Open Lot
Details
- Parcel number: 2OAKSTREET00AUBURN10233
- Zoning: MFU
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Stone, Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Auburn
Financial & listing details
- Price per square foot: $130/sqft
- Annual tax amount: $7,296
- Date on market: 6/3/2026
Estimated market value
$597,400
$568,000 - $627,000
$1,775/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Pending sale | $594,900$130/sqft |
Source: | ||
| 6/3/2026 | Listed for sale | $594,900$130/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 04210
Nearby schools
GreatSchools rating
- 4/10Park Avenue Elementary SchoolGrades: PK-6Distance: 0.7 mi
- 4/10Auburn Middle SchoolGrades: 7-8Distance: 1.1 mi
- 4/10Edward Little High SchoolGrades: 9-12Distance: 0.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Androscoggin County
- Auburn
- 04210
- 2 Oak Street







