2 Oak St

Auburn, ME 04210

$594,900
Price
12
Beds
4,592 Sq. Ft.
$130 / Sq. Ft.
4,592
Sq. Ft.
$130
per Sq. Ft.
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Pending
Pending
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Basement

Description

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 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.
  1. Listed by Kyle McCarthy • EXP Realty
  2. Listed by Patrick Matheson • EXP Realty

Property Details for 2 Oak Street

Waterfront
No
Waterfront Features
Nearby
ArchitecturalStyle
Other
Garage
No
Zoning
MFU
LISTING UPDATED: 06/10/2026 12:29 PM

Property Details for 2 Oak Street

StatusPending
MLS #1665220
Days on Market5
Taxes$7,296 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1920
Lot Size0.11 AC / 4,791 SF
CountyAndroscoggin County
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Location

Listing Courtesy of EXP Realty
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Building Information for 2 Oak Street

Stories2Residences5Year Built1920Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

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$3,572 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,964

Property Taxes

$608

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2 Oak Street

Summary
Location and General Information
  • Zip Code: 5481
  • Town: Auburn
  • State/Province: ME
  • Zip Code: 04210
  • County: Androscoggin
  • Geo Latitude: 44.100432
  • Geo Longitude: -70.231909
  • Tax Lot: 33
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Intown: Yes
  • Transportation:Major Road Access: Yes
  • Recreational Water:Nearby: Yes
  • Construction: Wood Frame
  • Road Frontage: false
  • Water View2: No
  • Tree Growth YN2: false
Parking
  • Parking Features: Paved, 1 - 4 Spaces, Off Street
  • Attached Garage: No
  • Parking: 1 - 4 Spaces, Off Street, Paved3
Taxes and HOA Information
  • Tax Book Number: 11806
  • Tax Block: 2
  • Tax Map Number: 10
  • Tax Year: 2025
  • Parcel Number: AUBN-000240-000000-000145
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $7,296.00
Property
Heating and Cooling
  • Water Heater:Electric: No
  • Water Heater:Off Heating System: Yes
  • Heat Fuel: Oil
  • Heat System: Baseboard, Hot Water
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 4592.0
  • Lot Size Acres: 0.11
  • Source of Acreage: Public Records
  • Building Area Total: 4592.0
  • Lot Size Area: 0.11
  • Lot Size Units: Acres
  • Lot Size Square Feet: 4791.6
  • Bathrooms Full: 5
  • Street Number: 2
  • Property Information:Surveyed: No
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Deed: Partial
  • Property Information:Total Half Baths: .00
Parking
  • Driveway:Paved: Yes
  • Driveway: Paved2
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1920
Utilities
  • Electric: Circuit Breakers
  • Sewer: Yes
  • Water Source: Public
  • Utilities:Utilities On: No
  • Gas:Natural - At Street: Yes
  • Water Heater: Off Heating System
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Vinyl Siding
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Shingle
  • Vehicle Storage: No Vehicle Storage
  • Basement Entry: Exterior Only, Interior
Interior Features
  • Basement: Full, Unfinished
  • Flooring: Carpet, Vinyl
  • Cooling: None
  • Heating: Oil, Baseboard, Hot Water
  • Foundation Details: Brick/Mortar, Stone
  • Laundry Features: Laundry - Coin
  • # Floors: 2
  • Bathrooms Total (Integer): 5
  • Bathrooms Total (Decimal): 5.00
  • Bathrooms Total (Notational): 5.00
  • Cooling YN: No
  • Heating YN: Yes
  • Amenities: Laundry - Coin
Multi Family
Income & Expenses Information
  • Gross Income: $93,085.00
  • Operating Expenses: $29,577.00
  • Gross Income: $93,085.00
  • Operating Expenses: $29,577.00
Multi-Family Information
  • Number of Units: 5
  • Building Info:# Stories: 2
  • Building Info:# Heating Units: 1
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $1,300.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 5.00
  • Unit 1:# of Bedrooms: 2.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: No
  • Unit 1:Heat: No
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: Yes
  • Unit 2:Level: First
  • Unit 2:Monthly Rent: $1,600.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 5.00
  • Unit 2:# of Bedrooms: 2.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: No
  • Unit 2:Heat: No
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Lease: Yes
  • Unit 3:Level: Second
  • Unit 3:Monthly Rent: $1,825.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 6.00
  • Unit 3:# of Bedrooms: 3.00
  • Unit 3:Dedicated Electric Meter: Yes
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: No
  • Unit 3:Electric: No
  • Unit 3:Heat: No
  • Unit 3:Range: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Sewer: Yes
  • Unit 3:Water: Yes
Unit 4
  • Unit 4:Lease: Yes
  • Unit 4:Level: Second
  • Unit 4:Monthly Rent: $1,300.00
  • Unit 4:# Full Baths: 1.00
  • Unit 4:# Half Baths: .00
  • Unit 4:# of Rooms: 5.00
  • Unit 4:# of Bedrooms: 2.00
  • Unit 4:Dedicated Electric Meter: Yes
  • Unit 4:Dedicated Gas Meter: No
  • Unit 4:Dedicated Water Heater: No
  • Unit 4:Electric: No
  • Unit 4:Heat: No
  • Unit 4:Range: Yes
  • Unit 4:Refrigerator: Yes
  • Unit 4:Water: Yes
Unit 5
  • Unit 5:Lease: Yes
  • Unit 5:Level: First
  • Unit 5:Monthly Rent: $1,775.00
  • Unit 5:# Full Baths: 1.00
  • Unit 5:# Half Baths: .00
  • Unit 5:# of Rooms: 5.00
  • Unit 5:# of Bedrooms: 3.00
  • Unit 5:Dedicated Electric Meter: Yes
  • Unit 5:Dedicated Gas Meter: No
  • Unit 5:Dedicated Water Heater: No
  • Unit 5:Electric: No
  • Unit 5:Heat: No
  • Unit 5:Range: Yes
  • Unit 5:Refrigerator: Yes
  • Unit 5:Sewer: Yes
  • Unit 5:Water: Yes
Unit 20
  • Unit 20:Heat: No
  • Unit 20:Range: Yes
  • Unit 20:Sewer: Yes
  • Unit 20:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 0
  • Units:# of 2 BD Units: 1
  • Units:# of 3 BD Units: 4
  • Units:# of 4+ BD Units: 0

Property History for 2 Oak Street

DateEvent & SourcePriceAppreciation
Jun 10, 2026

Pending

Maine Listings #1665220

—
Jun 8, 2026

Active Under Contract

Maine Listings #1665220

—
Jun 3, 2026

Listed (Active)

Maine Listings #1665220

$594,900—
DateEvent & SourcePrice
06/10/2026

Pending

Maine Listings #1665220

—
06/08/2026

Active Under Contract

Maine Listings #1665220

—
06/03/2026

Listed (Active)

Maine Listings #1665220

$594,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2 Oak Street

Taxable ValueLand$30,100Additions$288,800Total$318,900
Tax Record2025$7,296 ($608 / month)
Home Facts
Baths5Total Finished SqFt4,592 SqFtAbove Grade Finished SqFt4,592 SqFtUnfinished Basement SqFt2,296 SqFtStories2Lot Size4,792 SqFtStyleMulti-Family Res (5+ Units)Year Built1920Year Renovated1980CountyANDROSCOGGINAPNAUBN M:240 L:145

Schools near 2 Oak Street

This home is within Auburn Public Schools.
Rating
School
Type
Grades
Distance
Park Avenue Elementary School
Public - PK to 6
Walton School
Public - PK to 6
Auburn Middle School
Public - 7 to 8
Edward Little High School
Public - 9 to 12
Rating
School
Distance
Park Avenue Elementary School
PublicPK to 6

Walton School
PublicPK to 6

Auburn Middle School
Public7 to 8

Edward Little High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of EXP Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.