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167 Summer Street, 
Auburn, ME 04210

$495,000


—

Bed


5

Baths


3,266

Sq Ft


Multi-Family

Active

Maine Source Realty

Last updated:

October 6, 2026, 10:10 AM

MLS#

1682968

Source:

ME MREIS

About This Home

167 Summer Street

Investment opportunity! Fully occupied four-unit in a convenient Auburn location, featuring a strong, long-term rental history. All apartments are occupied by established tenants with great payment histories and a desire to stay long term. The property currently generates $5,450 per month and $65,400 in annual gross rental income. Units 1 and 4 are below market rent due to long-term tenancies, while Unit 3 is also slightly below market, creating additional rental income opportunity. Each unit has its own electric meter and hot-water tank, with all hot-water tanks recently replaced. A coin-op washer and dryer serve the majority of the building, while Unit 4 has private washer/dryer hookups. Two separate driveways and parking areas provide ample dedicated off-street parking. The attached barn/garage provides substantial additional storage, workshop space, or potential for future renovation into additional living space, subject to town approval. 34 Oak Street, Augusta and 167 Summer Street, Auburn may also be purchased together as a package, with favorable package pricing available. Inquire for details.

Home Facts

Multi-Family

5 Baths

Built in 1920

Price Summary

495,000

$151 per Sq. Ft.

MLS #:

1682968

Last Updated:

October 6, 2026, 10:10 AM


Rooms & Interior

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

5


Structure

Structure

Architectural Style:

New Englander

Building Area:

3,266 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

10,890


Finances & Disclosures

Finances

Price:

$495,000

Price per Sq. Ft:

$151 per Sq. Ft.

MLS Logo
MREIS Multiple Listing Service™ systemListing data is derived in whole or in part from the Maine IDX & 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

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.