Androscoggin County Multifamily Buyer
Sell Your Commercial Property In Androscoggin County, ME
Androscoggin County centers on the twin cities of Lewiston and Auburn along the Androscoggin River. Hospitals, colleges, and manufacturers support a rental stock built largely on mill-era tenements and multi-family homes.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Cities We Cover: Lewiston · Auburn — County seat: Auburn
Androscoggin County
Where We Buy In Androscoggin County
We evaluate apartment buildings of 5+ units across Androscoggin County — in each city below, plus smaller towns and unincorporated areas countywide.
Local Market Data
Androscoggin County Apartment Market
Figures gathered October 2026 from public market data.
Androscoggin County, ME holds 15,088 renter households, a 32.1% share of its 46,953 occupied homes, per the Census Bureau's 2020-2024 American Community Survey. Lewiston and Auburn carry most of that demand: together the two cities hold 80.1% of the county's renter households. Median gross rent in Androscoggin County reached $1,010, up 31.0% from $771 in the 2015-2019 survey, and rent burden runs high, with 51.4% of renters paying 30% or more of income on rent.
If you plan to sell commercial property in Androscoggin County, ME, vacancy is the number to watch first. Rental vacancy sits at just 1.6%, a tight market that buyers weigh against a HUD FY2027 two-bedroom Fair Market Rent of $1,677. Only 14.9% of Androscoggin County's housing stock sits in buildings of five or more units, so apartment supply stays scarce even as population and income have climbed.
113,423 residents and rising
Androscoggin County grew 5.4% to 113,423 residents between the 2015-2019 and 2020-2024 Census surveys, adding 5,821 people.Income outpacing many renters
Median household income in Androscoggin County rose 26.8% to $67,873, even as renter households fell 7.3% over the same span.A tight, slow-growing apartment stock
Units in 5+ unit buildings grew just 1.0%, adding 78 units, helping push rental vacancy down to 1.6% countywide.Who rents in Androscoggin County
Renters head 15,088 of the 46,953 occupied households in Androscoggin County, a 32.1% share in the 2020-2024 ACS. Owners hold the remaining 31,865 households. Lewiston alone accounts for 7,863 renter households, 52.1% of the Androscoggin County total, while Auburn adds another 4,224, or 28.0%.
Lewiston's renter share of its own households reaches 48.8%, well above the Androscoggin County rate. Auburn's renter share is 40.9%. Both cities run tighter rental vacancy than many New England metros, and 14.9% of Androscoggin County housing units sit in 5+ unit buildings, concentrated mostly inside Lewiston and Auburn city limits. Androscoggin County's median year-built figure of 1969 points to an older housing stock overall, while Lewiston's multifamily buildings date closer to 1957, reflecting the city's mill-era apartment construction.
Rents, growth and affordability
Median gross rent in Androscoggin County rose 31.0%, from $771 to $1,010, between the 2015-2019 and 2020-2024 surveys. Median household income climbed faster, up 26.8% to $67,873, narrowing the affordability gap only slightly. Population grew 5.4% to 113,423 residents, adding 5,821 people.
Renter households fell 7.3% even as rent and income rose, a sign that some renters in Androscoggin County became buyers or left the rental market. Units in 5+ unit buildings grew just 1.0%, adding 78 units, which helps explain why rental vacancy sits at only 1.6%. Employment rose 3.4% to 56,430 workers over the same comparison period.
HUD's FY2027 two-bedroom Fair Market Rent for Androscoggin County towns is $1,677, effective October 1, 2026, well above the county's $1,010 median gross rent. Rent burden affects 51.4% of Androscoggin County renters, who pay 30% or more of income toward gross rent.
City-by-city comparison
Lewiston and Auburn anchor the Androscoggin County rental market and sit just across the Androscoggin River from each other. Lewiston posts the higher renter share and apartment density; Auburn runs a slightly higher median rent but a smaller 5+ unit stock.
| City | Median gross rent | Renter share | Share of units in 5+ buildings | Rental vacancy |
|---|---|---|---|---|
| Lewiston | $986 | 48.8% | 29.6% | 1.6% |
| Auburn | $1,041 | 40.9% | 15.9% | 1.3% |
Lewiston's median gross rent of $986 runs below the Androscoggin County figure of $1,010, while Auburn's $1,041 runs above it. Lewiston's 29.6% share of units in 5+ buildings nearly doubles Auburn's 15.9%, reflecting Lewiston's denser mill-town housing stock. Both cities post rental vacancy under 2%, tighter than many comparable Maine markets.
Property taxes and assessment in Androscoggin County
Maine assesses commercial and rental real estate at just value under 36 M.R.S. Section 701-A, recognizing only legally permissible present land-use alternatives for the parcel. Each Androscoggin County municipality, including Lewiston and Auburn, runs its own assessing office and sets its own mill rate, so the rate on a specific apartment building depends on which town it sits in.
A sale in Androscoggin County can also trigger Maine's real estate transfer tax of $2.20 per $500 of value under 36 M.R.S. Section 4641-A, split evenly between buyer and seller, with an added $3.80 per $500 above $1,000,000. Maine caps residential security deposits at two months' rent under 14 M.R.S. Section 6032, and landlords must return deposits within 30 days of a written lease ending, which buyers will want reflected in your tenant files. Pull the current assessed value and mill rate from the relevant town's assessor before you price an apartment building here.
What this means if you sell in Androscoggin County
When you sell commercial property in Androscoggin County, ME, you sell into a tight rental market. Renters hold 32.1% of households, rental vacancy sits at 1.6%, and rent has climbed 31.0% since the 2015-2019 survey. Buyers will test your rent roll against that same scarcity, especially in Lewiston, where 29.6% of units already sit in 5+ unit buildings.
Taxes come next. Each Androscoggin County town sets its own mill rate under Maine's just-value standard, and a sale can trigger the state's $2.20-per-$500 transfer tax. Maine's rent control picture is not settled at the state level, so check local ordinances for the property's specific town before you set terms.
As a multifamily buyer in Androscoggin County, we review 5+ unit buildings across Lewiston, Auburn and surrounding towns as they stand today. Send a current rent roll, a T-12 and the latest tax bill, and we will price the building on those numbers.
Local Knowledge
Selling Multifamily In Maine
What we factor into every Androscoggin County offer:
More about Maine →- Pull each town's current mill rate and assessed value before pricing; Androscoggin County has no single countywide rate.
- Budget for Maine's $2.20-per-$500 transfer tax, split between buyer and seller under 36 M.R.S. Section 4641-A.
- Rental vacancy runs 1.6% countywide, so show trailing occupancy and any waitlist history to buyers.
- Security deposits are capped at two months' rent statewide, with return due within 30 days under a written lease.
Property Tax
Property Tax In Androscoggin County For Apartment Owners
Homeowners in Androscoggin County pay a median of $2,940 a year in property tax on a median home value of $252,800, an effective rate of about 1.16%, according to the Census Bureau’s 2020-2024 American Community Survey. That is above the Maine statewide average of 0.98%.
How property tax works in Maine: classes, assessment and appeals →Estimate a building’s tax bill with the property tax calculator →
- Those figures describe owner-occupied homes. An apartment building can be assessed on a different basis or in a different class, so its bill as a share of value may differ.
- A sale can reset the assessed value. Before you price a Androscoggin County building, check how Maine reassesses property after a transfer and model the buyer’s new tax bill.
- Pull the actual tax bill from the Androscoggin County assessor or tax collector. City, school and special-district levies stack on top of the county rate.
Seller Guides
Your Situation, Handled — Androscoggin County
Learn More
Taxes & Rules For Androscoggin County Property
The Maine rules that shape any deal in Androscoggin County: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Our Buy Box
What We Buy In Androscoggin County
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
How Selling To Us Works
- 01
Submit The Deal
Send the address, unit count, asking price, and a rent roll or T-12 if you have them.
- 02
Initial Review
We review it against our buy box and give clear feedback — typically within 48 hours.
- 03
Underwriting & LOI
If it fits, we underwrite in detail and submit a written letter of intent.
- 04
Diligence & Close
Inspections and financing on the agreed timeline, then a professional, predictable closing.
Androscoggin County Seller FAQ
How tight is the rental market in Androscoggin County, ME?
Rental vacancy in Androscoggin County was 1.6% in the Census Bureau's 2020-2024 American Community Survey. Lewiston matched that rate and Auburn ran slightly tighter at 1.3%. That leaves little slack for buyers weighing lease-up risk on a vacant or turning unit.
How much have rents risen in Androscoggin County?
Median gross rent in Androscoggin County rose from $771 in the 2015-2019 survey to $1,010 in 2020-2024, a 31.0% gain. HUD's FY2027 two-bedroom Fair Market Rent for the county's towns is $1,677, well above that median.
What should I know about taxes before I sell commercial property in Androscoggin County, ME?
Maine assesses property at just value under 36 M.R.S. Section 701-A, and each Androscoggin County town, including Lewiston and Auburn, sets its own mill rate. A sale can also trigger the state's $2.20-per-$500 transfer tax, split between buyer and seller.
Which Androscoggin County city has more renters, Lewiston or Auburn?
Lewiston holds 7,863 renter households, 52.1% of the Androscoggin County total, against Auburn's 4,224, or 28.0%. Lewiston's renter share of its own households is 48.8%, compared with 40.9% in Auburn, per the 2020-2024 ACS.
How do I sell commercial property in Androscoggin County, ME?
Send the address, unit count, and any financials. We review Androscoggin County apartment buildings of 5+ units, give feedback typically within 48 hours, and follow with a written letter of intent if it fits.
Do you buy apartment buildings throughout Androscoggin County?
Yes. We evaluate multifamily properties across Androscoggin County, including Lewiston and Auburn, as well as smaller towns and unincorporated areas. Every property is reviewed on its own fundamentals.
What size Androscoggin County properties do you buy?
Apartment buildings and income-producing residential properties with 5 or more units. Our sweet spot is 15–25 units, and we review larger communities with capital partners.
Will you buy a property that needs work or has high vacancy?
Yes. We underwrite value-add, mismanaged, and distressed properties as they are today — no repairs or lease-up required before selling.
Can I sell rental property in Androscoggin County with tenants in place?
Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.
How fast can I sell my apartment building in Androscoggin County?
Most owners get clear feedback within 48 hours of sending the address, unit count, and a rent roll. Closing is typically set around your timeline, including extra time for a 1031 exchange.
How do property taxes factor into a Androscoggin County offer?
Property is assessed at the county level (the county seat is Auburn), within Maine rules. Maine property taxes are assessed by each municipality. Because local assessment ratios vary, we review your town’s current bill and valuation practices.
Submit A Deal
Have A Property In Androscoggin County?
Tell us about it. Owners, agents, brokers, and deal finders are all welcome — conversations are confidential.
